Notice of organizational reform and personnel changes

TOYO INK SC HOLDINGS CO., LTD. (President and Representative Director: Satoru Takashima, Chuo-ku, Tokyo) andEach company of the Toyo Ink Group will implement the following organizational reforms and personnel changes effective January 1, 2024.
* TOYO INK SC HOLDINGS CO., LTD. will change its trade name to Artience Co., Ltd. from January 1, 2024.

1. TOYO INK SC Holdings Co., Ltd. Personnel changes (general manager level)

Issue date: January 1, 2024

* The table can be slid horizontally.

full name	new job	Current position
Makiko Hamuro	Group Intellectual Property Manager	General Manager of Intellectual Property Department, R&D Headquarters
Tomoki Ikegami	Director of Next Generation Technology Research Institute, R&D Headquarters	Director of Technology Development Laboratory, R&D Headquarters

2. Organizational reform of TOYO INK SC Holdings Co., Ltd.

Issue date: January 1, 2024

The "Legal Department" will be integrated into the "General Affairs Department."
The "R&D Headquarters Intellectual Property Department" will be promoted to the "Group Intellectual Property Department."
Part of the functions of "R&D Headquarters Technology Development Laboratory" and "R&D Headquarters Frontier Research Laboratory" will be integrated to become "R&D Headquarters Next Generation Technology Laboratory."

3. TOYOCHEM CO., LTD. personnel changes (Director)

Issue date: January 1, 2024

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full name	new job	Current position
Taichiro Matsuoka	Director, Head of Packaging and Industrial Materials Sales Headquarters, and President and Representative Director and President of TOYO INK Myanmar Co., Ltd.	General Manager of International Management Department and President and Representative Director of TOYO INK Myanmar Co., Ltd.
Hidenobu Kobayashi	Director, General Manager of Technology Headquarters and General Manager of coatings Technology Department	General Manager of coatings Technology Department and General Manager of Planning and Digital Promotion Office, Technology Headquarters

4. TOYOCHEM CO., LTD. personnel changes (general manager level)

Issue date: January 1, 2024

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full name	new job	Current position
Masahisa Shiokawa	General Manager of International Management and General Manager of Global Business Promotion Office, Packaging and Industrial Materials Sales Division	Deputy General Manager of Information and Communication Materials Sales Headquarters
Masakatsu Takahashi	Global Quality Assurance Manager	Global Quality Assurance Department Polymer Quality Assurance Section Manager

5. Organizational reform of TOYOCHEM CO., LTD.

Issue date: January 1, 2024

The L&H Business Promotion Department will be abolished, sales functions will be transferred to the Packaging and Industrial Materials Sales Division, and production functions will be transferred to the Kawagoe Manufacturing Chitose Plant.

6. TOYO INK CO., LTD. personnel changes (Director)

Issue date: January 1, 2024

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full name	new job	Current position
Masatoshi Momose	Director Saitama Factory Manager	Saitama Factory Manager
Joji Suzuki	Director General Manager, Technology Div.	General Manager of Technology Toyo-Morton, Ltd.
Yoichi Komiya	Director, Liquid Ink Sales Headquarters	General Manager of Liquid Ink Sales Division

7. TOYO INK CO., LTD. personnel changes (general manager level)

Issue date: January 1, 2024

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full name	new job	Current position
Takehide Hanyu	Toppan Group Sales Headquarters	Toppan Group Sales Headquarters Sales Manager 2

8. Other affiliated companies Personnel changes

Issue date: January 1, 2024

* The table can be slid horizontally.

full name	new job	Current position
Ryozo Otsuka	President and Representative Director of TOYO INK Brazil S.A.	TOYO INK CO., LTD. Marketing Headquarters International Management Department 2nd Section Manager
Koyoshi Kameoka	Chairman of Toyo Printing Inc.	President and Representative Director of TOYO INK Brazil S.A.
Katsumi Makino	Chairman of Tianjin Toyo Ink Co., Ltd.	Chief representative of Tianjin Toyo Ink Co., Ltd.
Maiko Yanagita	President and Representative Director Clover Biz Co., Ltd., Talent Development Group Human Resources Department artience Co., Ltd., and Manager of DE&I Promotion Office	TOYO INK SC Holdings Co., Ltd. Human Resources Department Human Resources Planning Group Welfare Team Leader and D&I Promotion Office