Following approval by the 121st Annual General Meeting of Shareholders held today, NTN Corporation (hereafter, NTN) has made a decision on change of Directors as well as members of the Nominating, Audit and Compensation Committees at the Board of Directors meeting held after the conclusion of Annual General Meeting of Shareholders.

1. Directors(as of July 30, 2020)

Director    Hiroshi Ohkubo    Representative Executive Officer, President,
Executive Officer, CEO    

Director    Hideaki Miyazawa    Representative Executive Officer,
Senior Managing Executive Officer    

Director    Eiichi Ukai    Representative Executive Officer,
Managing Executive Officer    

Director    Toshinori Shiratori    Managing Executive Officer    

Director    Masaki Egami    Executive Officer, CTO    New Director    

Director    Keiji Ohashi    New Director    

Outside Director    Noboru Tsuda    Outside Director    

Outside Director    Kouji Kawahara    Outside Director    

Outside Director    Ryo Kawakami    Outside Director    

Outside Director    Tomonori Nishimura    Former Executive Vice President of NEC Corporation,
Business Owner of NT Consul Biz.    New Director    

Outside Director    Yuriya Komatsu    Adviser of Otsuka Chemical Co., Ltd.,
Director, Member of board of DWANGO Co., Ltd.    New Director    

Note:
Director Mr. Hironori Inoue, and both outside directors, Mr. Akira Wada and Mr. Tadao Kagono have resigned after the Annual General Meeting of Shareholders held on July 30, 2020. Mr. Yoshinori Terasaka remains as a Senior Managing Executive Officer.

2. Committee Members (as of July 30, 2020)

(1)Nominating Committee

Chairman    Noboru Tsuda    Outside Director    

Member    Kouji Kawahara    Outside Director    

Member    Tomonori Nishimura    Outside Director    

Member    Hiroshi Ohkubo    Director    

Member    Toshinori Shiratori    Director    

(2)Audit Committee

Chairman    Kouji Kawahara    Outside Director    

Member    Ryo Kawakami    Outside Director    

Member    Tomonori Nishimura    Outside Director    

Member    Keiji Ohashi    Director    

(3)Compensation Committee

Chairman    Ryo Kawakami    Outside Director    

Member    Noboru Tsuda    Outside Director    

Member    Yuriya Komatsu    Outside Director    

Member    Hiroshi Ohkubo    Director    

Member    Toshinori Shiratori    Director    

[Reference]

Executive Officers

Position

Name

Responsible

Representative Executive Officer, President, Executive Officer    Hiroshi Ohkubo    CEO(Chief Executive Officer)    

Representative Executive Officer, Senior Managing Executive Officer    Hideaki Miyazawa    Corporate General Manager, Automotive Business Headquarters
Procurement Headquarters    

Senior Managing Executive Officer    Yoshinori Terasaka    Europe & Africa Region
Americas Region    

Representative Executive Officer, Managing Executive Officer    Eiichi Ukai    Aftermarket Business Headquarters
Industrial Business Headquarters
Quality Assurance Headquarters
NTN Korea Co., Ltd.
ASEAN, Oceania & West Asia Region
India Region    

Managing Executive Officer    Toshinori Shiratori    Human Resources
CSR Headquarters
Information Technology Department
General Affairs Department
EHS (Environment, Health and Safety) Integrated Management Department    

Executive Officer    Masaki Egami    CTO (Chief Technology Officer)
Research Division
New Product and Business Strategic Planning Headquarters
Green Energy Products Division    

Executive Officer    Isao Ozako    Corporate General Manager, Production Headquarters
Production Engineering R&D Center
Composite Material Product Division    

Executive Officer    Masayuki Kaimi    Supply & Demand Center
Cost Planning Department
China Region    

Executive Officer    Kouji Kametaka    Deputy Corporate General Manager, Automotive Business Headquarters
General Manager, Electric Module Products Division
EV Module Division    

Executive Officer    Tetsuya Sogo    CFO (Chief Financial Officer)
Corporate General Manager, Finance Headquarters    

Executive Officer    Masaaki Yamamoto    Corporate General Manager, Corporate Strategy Headquarters