Mitsui O.S.K. Lines, Ltd. announced that Junichiro Ikeda will resign from his current position as Chairman Executive Officer on March 31st, 2023, upon expiration of the term. His new position as of April 1st, 2023 will be Chairman of the Board. Reason for change: The Company intends to further strengthen its corporate governance by making clear that Chairman of the Board shall supervise the Company's management without concurrently engaging as Executive Officer.

Current position; Representative Director, Chairman of the Board, Chairman Executive Officer.