Showa Denko K.K. decided at its board meeting on December 5, 2016 on changes in corporate management. Masaru Amano will resign as Representative Director effective January 3, 2017. He will also resign as Director at the General Meeting of Shareholders in late March 2017. He will become Assistant to President on January 4, 2017 and will be elected Audit & Supervisory Board Member (Outside Member) of Shoko Co. Ltd. in late March. Saburo Muto and Taichi Nagai will resign as Director at the same General Meeting of Shareholders. Muto will become Assistant to President on January 4, 2017 and will be elected Audit & Supervisory Board Member at the General Meeting of Shareholders in March. Jun Tanaka, Hidehito Takahashi, Keiichi Kamiguchi, and Toshiharu Kato will be newly elected Directors at the General Meeting of Shareholders in March. Ichiro Nomura will resign as Audit & Supervisory Board Member at the same General Meeting of Shareholders. Nobuhiko Kawamura and Junichi Inaizumi will resign as Corporate Officer effective January 3, 2017. Kawamura will become Counselor of the Electronics Materials Division on January 4, 2017. Inaizumi will become Special Counselor of Shoko Co. Ltd. on January 4, and Representative Director and President of the company in late March. Jiro Ishikawa will be promoted to Senior Managing Corporate Officer and take charge of Electronics Materials and Advanced Battery Materials divisions in addition to the current post of General Manager, HD Division. Tatsuharu Arai will be promoted to Managing Corporate Officer. Jun Tanaka will be promoted to Managing Corporate Officer and elected Chief Technology Officer. He will be in charge of Electronic Chemicals and Functional Chemicals divisions, Business Development Center, Isesaki and Tatsuo plants, and Corporate R&D Department. Hidehito Takahashi will become Managing Corporate Officer and officer in charge of Corporate Strategy Department, while continuing to supervise Ceramics and Carbons divisions and Omachi Plant. Robert C. Whitten will serve as Supervisor of the Carbons Business Integration Promotion Team in the capacity of Assistant to President in charge of special assignments. Keiichi Kamiguchi will be elected Chief Risk Management Officer and take charge of Internal Audit, Legal & Intellectual Property, General Affairs & Human Resources, and Purchasing & SCM departments. He will also serve as Chairman, Security Export Control Committee. Takayuki Sato will become General Manager of Electronics Materials Division and officer in charge of Chichibu Plant. Motohiro Takeuchi will become General Manager of Corporate Strategy Department. Taichi Nagai will continue to be officer in charge of Production Technology, Energy & Electricity, and CSR departments as well as Chairman of Safety Measures Committee, but stop supervising SPS Innovation Department. Koichi Nishimura will take charge of Basic Chemicals Division and Kawasaki and Higashinagahara plants while continuing to serve as General Manager of Industrial Gases Division and President of Showa Denko Gas Products Co. Ltd. Toshiharu Kato will be elected Chief Financial Officer and supervise Information Systems Department, while continuing to serve as General Manager of Finance & Accounting Department. Furthermore, five new corporate officers will be appointed on January 4, 2017. They are Hiroshi Daio, Takuji Yamamoto, Masao Shibuya, Akihiro Jinbo and Tetsuo. Daio will become General Manager of Ceramics Division and officer in charge of Yokohama and Shiojiri plants. Yamamoto will take charge of SPS Innovation Department while continuing to serve as General Manager of Production Technology Department. Shibuya will be appointed General Manager of Advanced Battery Materials Division. Wada will be appointed General Manager of Business Development Center and Institute for Integrated Product Development. Takeshi will resign as Corporate Fellow on January 3, 2017 and become Counselor of Energy & Electricity Department on January 4, 2017. Nobuyuki Yamaji will resign as Corporate Fellow on January 3, 2017 and become Counselor of Oita Complex on January 4, 2017. Masaharu Tochigi will be assigned to Production Technology Department on January 4, 2017 Yoshiaki Yoshida will focus on his responsibility as Plant Manager. Meanwhile, four new Corporate Fellows will be appointed on January 4, 2017. They are Takanori, Takayuki Tohaya, Kazunari Yamada, and Tamami. Tohaya will be appointed General Manager of Energy & Electricity Department on January 4. Koyama will start concurrently serving as General Manager of Institute for Advanced and Core Technology, Business Development Center, as from January 4, 2017. As of late March next year, the Board of Directors will consist of Hideo Ichikawa, Kohei Morikawa; Jun Tanaka, Hidehito Takahashi, Keiichi Kamiguchi, and Toshiharu Kato (Directors); as well as Tomofumi Akiyama, Akiyoshi Morita and Masaharu Oshima (Outside Directors). In addition, Akira Koinuma and Saburo Muto will serve as Audit & Supervisory Board Members, and Hiroyuki Tezuka, Yukio Obara, and Kiyomi Saito as Outside Members of the Audit & Supervisory Board.