Notice Regarding Director Candidates and Executive Officer Structure

Overview of Director Candidates and Executive Officer Structure

Maxell Holdings, Ltd. has informally decided on director candidates scheduled for formal approval at the 80th Annual General Meeting of Shareholders to be held in late June 2026. Naoto Aito is slated to be appointed as a new director, with existing directors continuing their terms. Noriko Aoki will join as a new candidate for director who is an Audit and Supervisory Committee member. A new executive officer structure will be launched effective April 1, 2026, with Keiji Nakamura continuing as President and Representative Executive Officer, and multiple individuals appointed as Senior Executive Officers and Executive Officers.

Future Outlook and Significance of Structure Changes

Following the approval of director candidates, the company aims to strengthen its management structure. Leveraging the extensive experience of newly appointed officers, the organization clarifies roles across various domains including Functional Materials business, Life Solutions business, Finance, Human Resources, and IT oversight. This will enhance management efficiency and accelerate business promotion. Directors and executive officers scheduled to retire will continue serving as executive officers to ensure a smooth transition.