Suntory Beverage & Food Limited announced Change in the Company's Representative Director. Reason for change: Suntory Beverage & Food Limited will make changes to its Representative Director and Directors to accelerate growth globally and to drive business transformation. Name and position of new and former Representative Director (to be newly appointed) Name: Makiko Ono, New position: President & Chief Executive Officer; (to resign) Name: Kazuhiro Saito Former position: President & Chief Executive Officer.

Date of birth and career summary of, and number of the Company's shares held by new Representative Director: Name: Makiko Ono. Academic history: Graduated from Faculty of Foreign Language, Tokyo University of Foreign Studies in March 1982. Date of birth: March 16, 1960 Career summary: April 1982: Joined Suntory Limited.

April 2009: Senior General Manager, International Liquor Division of Suntory Liquors Limited (current: Suntory Spirits Limited). April 2010: Executive Officer of such company. April 2010: Deputy Chief Operating Officer, International Liquor Division of such company.

January 2011: Senior General Manager, London Branch of Suntory Holdings Limited. April 2013: Executive Officer of Suntory Beverage & Food Limited. April 2013: Deputy Chief Operating Officer, International Division of such company.

April 2014: Senior General Manager, Corporate Planning Department and Senior General Manager, Corporate Development Department of such company. September 2015: Senior General Manager, Global Human Resources Department of Suntory Holdings Limited. April 2016: Executive Officer of such company.

April 2016: Chief Operating Officer, Human Resources Development Division and Senior General Manager, Global Human Resources Department of such company. April 2017: Managing Executive Officer of Suntory Beverage & Food Limited. April 2017: Deputy Chief Operating Officer, Business Administration Division, and Senior General Manager, Global Corporate Communication Department of such company.

April 2019: Deputy Chief Operating Officer, Corporate Management Division and Senior General Manager, Global Human Resources Department and in charge of Legal & Risk Management Department of such company. January 2020: CEO of Orangina Suntory France (current: Suntory Beverage & Food France). January 2022: Managing Executive Officer of Suntory Holdings Limited (to date).

January 2022 Chief Operating Officer, Sustainability Management Division of such company (to date).