Organizational Restructuring, Change of Board Members, Changes in Responsibilities of Board Members, and Assignment of General Managers

Please be informed that Nippon Suisan Kaisha, Ltd. (President and CEO: Naoya Kakizoe) will be restructuring organization, changing the responsibilities of its Board Members and appointing Board Members and General Managers as in dicated below.

1. Organizational Restructuring (as of June 26)

I. Segregation of Duties and Change of Titles

• The title of "COO (Seafood Business)" will be changed to "COO of Seafood Business" and joint responsibility for any duties outside of the Seafood Business will be abolished.
• The title of "COO (Processed Food Business)" will be changed to "COO of Processed Food Business" and joint responsibility for any duties o utside of the Processed Food Business will be abolished.

II. Change of Business Division Name

• The "Fine Chemicals Department" will be renamed the "Fine Chemicals Operations Department" in order to reinforce Fine Chemicals Business (manufacturing, sales and development).

III. Abolishment

• The position of "COO (FFC Business)" will be abolished. *FFC is an abbreviation of Fine Chemicals, Fine Foods and Chilled Foods.

2. Change of Board Members (as of June 26)

I. Candidates for New Board Members

<New Position>	<Old Position in Parentheses>	<Sustained Position>	<Name>
Board Member Group Risk Management Officer and in charge of Risk Management, Secretarial Office and Corporate History Office	(General Manager of General Affairs Dept.)	General Manager of General Affairs Dept.	Koki Sato
Board Member General Manager of Fine Chemicals Operations Dept.	(General Manager of Fine Chemicals Dept.)	—	Youichi Sekiguchi
Board Member	(General Manager of Supply Chain Management Dept.)	General Manager of Supply Chain Dept.	Hisashi Sakai

II. Board Members Scheduled to Retire (as of June 26)

<New Position>	<Old Position in Parentheses>	<Sustained Position>	<Name>
— Scheduled to be appointed as President of Nissui Engineering Co., Ltd.	(Board Member, Managing Director and COO, FFC Business jointly in charge of Food Function Research Center and Bio-production Research Center)	—	Hiroshi Tanaka
—	(Board Member and President of Nissui Logistics Corporation)	President of Nissui Logistics Corporation	Ichiu Mitarai
—	(Board Member, General Manager of Chilled Foods Dept. and President of Nippon Cookery Co., Ltd.)	President of Nippon Cookery Co., Ltd.	Teruaki Kaneko

3. Changes in Responsibilities of Board Members (as of June 26)

<New Position>	<Old Position in Parentheses>	<Sustained Position>	<Name>
Commissioned COO of Seafood Business	(Board Member, Managing Director commissioned as COO, Seafood Business jointly in charge of Business Promotion Dept.)	Board Member, Managing Director jointly in charge of Business Promotion Dept.	Katsunori Sasao
Commissioned COO of Processed Food Business COO of Chilled Foods Dept. and Fine Foods Operations Dept.	(Board Member, Managing Director commissioned as COO, Processed Food Business jointly in charge of Business Promotion Dept.)	Board Member, Managing Director jointly in charge of Business Promotion Dept.	Norio Hosomi
In charge of Food Function Research Center, Bio and Production Research Center	(Board Member in charge of Central Research Laboratory, Research Promotion Office and Environment Office. Jointly in charge of Food Function Research Center, Bio-production Research Center, Food Safety Research Center and Aquaculture Business Promotion Office)	Board Member in charge of Central Research Laboratory, Research Promotion Office and Environment Office. Jointly in charge of Food Safety Research Center and Aquaculture Business Promotion Office	Mikio Satake
In charge of Finance & Accounting Dept.	(Board Member in charge of Risk Management, Human Resources Dept., General Affairs Dept., Public Relations & Investor Relations Office, and Corporate Strategic Planning Office, Secretarial Office and Corporate History Office. Jointly in charge of Customer Service Center)	Board Member in charge of Human Resources Dept., Public Relations & Investor Relations Office and Corporate Strategic Planning Office. Jointly in charge of Customer Service Center	Kunihiko Koike

4. Appointment of Heads of Departments and Offices

(As of June 1)

<New Position>	<Old Position in Parentheses>	<Sustained Position>	<Name>
Group Risk Management Officer	(General Manager, General Affairs Dept.)	General Manager, General Affairs Dept.	Koki Sato

(As of June 26)

<New Position>	<Old Position in Parentheses>	<Sustained Position>	<Name>
General Manager, Chilled Foods Dept.	(Manager of Business Promotions Section, Chilled Foods Dept.)	—	Masayoshi Tsunashima