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Kobe Steel selects new representative directors

March 6, 2015

TOKYO, March 6, 2015 — Kobe Steel, Ltd. announces that at its board of directors’ meeting held today, it decided to make the following changes in its representative directors.

Changes in Representative Directors
Effective from April 1

Appointment of New Representative Director

Akira Kaneko

Current title Senior Managing Director
New title Executive Vice President and Representative Director
Area of responsibility Head of the Aluminum & Copper Business (unchanged)

Naoto Umehara

Current title Senior Managing Director
New title Executive Vice President and Representative Director
Area of responsibility Oversees the Audit Department, Secretariat & Publicity Department, General Administration Department, Legal Department, Human Resources Department, Corporate Planning Department, Accounting Department, Finance Department, Marketing Planning Department, Civil Engineering & Construction Technology Department, Rugby Administration Office, Electric Power Project Division, domestic branch offices and sales offices (including the Takasago Works), and overseas locations (under the head office). Oversees companywide compliance. (unchanged)

Retiring Representative Director

Jun Tanaka

Current title Executive Vice President and Representative Director
New title Executive Vice President
Area of responsibility Assistant to the President

Following the Ordinary General Meeting of Shareholders in late June, Jun Tanaka will be an Adviser at Kobe Steel, Ltd.

Representative Directors Effective from Late June

The six executives below are candidates for representative director. They will be formally appointed after resolution at the Ordinary General Meeting of Shareholders and at the board of directors meeting to be held afterward in late June.

Hiroshi Sato

Title Chairman and Representative Director (unchanged)

Hiroya Kawasaki

Title President, CEO and Representative Director (unchanged)

Kazuhide Naraki

Title Executive Vice President and Representative Director (unchanged)
Area of responsibility Head of the Machinery Business (unchanged)

Yoshinori Onoe

Title Executive Vice President and Representative Director (unchanged)
Area of responsibility Head of the Iron & Steel Business (unchanged)

Akira Kaneko

Title Executive Vice President and Representative Director
Area of responsibility Head of the Aluminum & Copper Business (unchanged)

Naoto Umehara

Title Executive Vice President and Representative Director
Area of responsibility Oversees the Audit Department, Secretariat & Publicity Department, General Administration Department, Legal Department, Human Resources Department, Corporate Planning Department, Accounting Department, Finance Department, Marketing Planning Department, Civil Engineering & Construction Technology Department, Rugby Administration Office, Electric Power Project Division, domestic branch offices and sales offices (including the Takasago Works), and overseas locations (under the head office). Oversees companywide compliance. (unchanged)