Nippon Suisan Kaisha : Notice regarding Trade Name Change

April 20, 2022

Company name: Nippon Suisan Kaisha, Ltd.,Representative:

Code number: Contact:Shingo Hamada, Representative Board Member, President & CEO 1332

Yoichiro Hiroi

General Manager of Corporate Strategic Planning & IR Department （Phone:+81-(0)3－6206－7037）

Notice regarding Trade Name Change

Nippon Suisan Kaisha, Ltd., announces that the Board of Directors resolved at a meeting held today to change the Company's trade name, subject to approval of partial amendment of the Articles of Incorporation at the Ordinary General Meeting of Shareholders for fiscal year 2021 to be held on June 28, 2022. The partial amendment of the Articles of Incorporation will be disclosed once the motion is resolved by the Board of Directors.

１．Reasons for the Change

Nippon Suisan Kaisha, Ltd., started a business as a fishery with one trawl boat in 1911. For more than 110 years, the company has developed not only fishery business, but also food business, such as processed SURIMI, fish cans, frozen foods, and omega 3 refined fish oil for pharmaceutical industry. Especially nowadays, the company delivers the wide varieties of foods which can meet diverse demands, such as tasty, healthy, environmentally friendly, and sustainability, cooperating with its global group company.

Therefore, the company thinks that Nippon Suisan Kaisha, Ltd., does not correctly represent its current business activities since "Suisan" means fishery in Japanese. People has affectionately called the company "Nissui" for a long time, so it decided to use the name for the new company's trade name, "Nissui Corporation". The company continuously does its best to be trusted by all people around the world and aims to be a leading company that delivers friendly foods for people and the earth.

２．New Trade Name

Nissui Corporation ３．Date of Change

January 1, 2023