Management Change - Directors and Corporate Auditors

February 10, 2022

MODEC, Inc.
Takeshi Kanamori, President & CEO
Code: TSE 6269
Contact: Corporate Planning & Strategies Dept.
TEL: +81-3-5290-1240


Management Change - Directors and Corporate Auditors

At its Board of Directors Meeting held on February 10, 2022, MODEC, Inc. decided on a plan for change
in its Directors and Corporate Auditors. The appointment is subject to the approval at the Annual General
Meeting of the Shareholders to be held on March 29, 2022.

1. Candidate for New Director
Name Current Position
Yasuhiro Takano Executive Managing Officer
Katsuyuki Imaizumi Executive Managing Officer
President & CEO, Representative Director,
Ryoichi Oka (*)
Mitsui E&S Holdings Co., Ltd.
(*) Appointment of Ryoichi Oka will be effective on April 1, 2022.

2. Candidate for New External Director
Name Current Position
Operating Officer of Infrastructure Projects Business Unit,
Koichi Wakana
MITSUI & CO., LTD.

3. Directors to Resign
Minoru Sawada (**)
Takeyuki Takahashi
(**) Minoru Sawada will continue to serve as Managing Executive Officer even after his resignation as
a Director.

4. External Director to Resign
Kazumasa Nakai

5. Candidate for New Corporate Auditor
Name Current Position
Takamura Yoshihiro Deputy Director

6. Corporate Auditor to Resign
Katsunori Aikyo