Mr. Kenjiro Ashitani joined the Group on 1 July 2025 as an executive Director and a member of Remuneration Committee of the Company since then. Moreover, he is a director of various subsidiaries of the Group. Mr. Ashitani is responsible for the Group’s budgetary control and setting up of key performance indicators for fulfilling corporate goal and targets, and he will lead the expansion project of the Group’s new Vietnam plant. Mr. Ashitani graduated with a Bachelor of Business Administration from the College of Business Administration of Yokohama National University in March 1999. After his graduation, Mr. Ashitani joined Toray Industries, Inc. Toray is listed on the Tokyo Stock Exchange in Japan and is a substantial shareholder of the Company. Prior to joining the Group, he was a Manager of the Finance Department since June 2021 and the Assistant General Manager of the Investor Relations Department since April 2023. Mr. Ashitani has a wealth of experience in finance, investor relations and overall management.