Alps Electric Co., Ltd. will introduce the vice president (corporate officer) system, in which directors supervise the business of ALPS ALPINE CO., LTD. and vice presidents (corporate officers) will be responsible for conducting business operations and management, and where, as a result, management supervision and business execution are separated. Alps Electric resolved at its board of directors meeting held on December 06, 2018 to appoint vice presidents (corporate officers) of ALPS ALPINE CO., LTD. A total of 20 vice presidents (corporate officers) were appointed, and their responsibilities were assigned in accordance with their business domains and areas of expertise so as to accelerate business execution in the domains of their own responsibilities. They will assume the offices of vice president (corporate officer) on the date that the transition to a holding company structure becomes effective, on the condition that the Share Exchange will have taken effect. They were Toshihiro Kuriyama, President & CEO (Representative Director); Nobuhiko Komeya, Senior Executive Vice President (Representative Director); Takashi Kimoto, Executive Vice President (Director); Yasuo Sasao, Senior Vice President; Yoshitada Amagishi, Senior Vice President; Koichi Endo, Senior Vice President (Director); Yoji Kawarada, Senior Vice President; Hitoshi Edagawa, Takeshi Daiomaru, Akihiko Okayasu, Tetsuhiro Saeki, Yoichiro Kega, Hiroyuki Sato, Hideo Izumi, Toshinori Kobayashi, Shuji Taguchi, Yasuhiro Ikeuchi, Shinji Inoue, Koji Ishibashi, Yasushi Motokawa, vice presidents. They have the responsibilities ALPS-COO; ALPINE-COO, CSO; ALPS-Sales & Marketing; CTO, ALPS-New Components and ALPS-Engineering; CMO, ALPS-Production; Deputy CTO, ALPINE-Research & Development and ALPINE-Engineering; CPO, ALPINE-Production; ALPS-Production Engineering and Production; ALPS-New Business & Consumer Modules and Components and ALPS-Engineering; ALPS-Material Control and Production; Information Systems, ALPS-Sales & Marketing; Corporate Planning, HR & General Affairs, Legal & Intellectual Property, Export & Import Administration; ALPS-Automotive Modules and ALPS-Engineering; ALPS-Automotive New Business and ALPS-Engineering; Accounting & Finance; CQO, ALPINE-Quality; ALPINE-European Operations; ALPINE-Sales & Marketing; ALPINE-Product Design and Engineering and ALPINE-Chinese Operation respectively.