Notice Regarding Changes in Directors’ Responsibilities

Details of Changes in Directors' Responsibilities

At the board meeting held on March 18, 2026, Japan Sugar Manufacturing Co., Ltd. decided on personnel changes regarding directors’ areas of responsibility. Director Kuniki Kiyama, who serves concurrently as Senior Executive Officer and General Manager of the Sapporo Branch, will oversee the Agricultural Affairs Division (Agricultural Affairs Department and Agricultural Technology Development Department) and Collaboration with Agriculture & Welfare, relinquishing direct oversight of the Agricultural Machinery Development Center. Director Hidekazu Terasawa, as Executive Officer, will take charge of the Overseas Business Division, Agricultural Machinery Development Center, Feed Business Division, and Paper Tube Business Division. These changes will be implemented as of April 1, 2026.

Impact on Investors and Future Outlook

This reorganization of directors' responsibilities aims to clarify the division of roles, particularly separating oversight of the Agricultural Affairs Division, Collaboration with Agriculture & Welfare, and the Agricultural Machinery Development Center, with the intent to strengthen the specialization of each business area. While no direct impact on financial performance or capital policies is indicated, this strengthening of the management structure may contribute to enhancing corporate value over the medium to long term.