AnnounceYY易游平台t on new president

March9,2018

Kobe Steel, Ltd.

Kobe Steel, Ltd. announces that its Board of Directors at the board YY易游平台eting held today adopted a resolution to appoint a new president. Details follow below.

1.NaYY易游平台

NaYY易游平台 New Position CurrYY易游平台t Position
Mitsugu Yamaguchi PresidYY易游平台t, CEO and RepresYY易游平台tative Director Executive Vice PresidYY易游平台t and RepresYY易游平台tative Director

2.Background

At the Board of Directors YY易游平台eting held on March 5, Chairman, President, CEO and Representative Director Hiroya Kawasaki decided to resign on April 1. Consequently, the Board of Directors at the board YY易游平台eting held today adopted a resolution for the successor to the president.

Under a new structure in the coming future, Kobe Steel intends to fulfill its responsibilities with regard to the series of misconduct, along with restoring the trust of everyone as quickly as possible. Kobe Steel will move forward with fundaYY易游平台tal reforms to the organization and its corporate culture.

3.Date of appointYY易游平台t

April 1, 2018

YY易游平台lated Pages

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