Sheng Yu Steel Co., Ltd. announced the change of representative of juristic-person director. Name of the previous position holder: Mr. Ryuichi Yoshida. Resume of the previous position holder: Bachelor degree, Foreign Studies school of foreign studies, Kyoto University Director and President of Fujiden International Corporation.

Name of the new position holder: Mr. Hideaki Arashima. Resume of the new position holder: Graduated from Faculty of Foreign Studies, Kyoto Sangyo University Director and Asia coordinating minister of Fujiden International Corporation, President of Fujiden International Asia Co., Ltd. Reason for the change: Re-designation. Original term: from June 16, 2023 to June 15, 2026.

Effective date of the new appointment: April 01, 2024.