To whom it may concern, February 22, 2008 Sumitomo Corporation Re : Personnel Changes in Board Members, Executive Officers and Corporate Officers The personnel changes in Board Members, Executive Officers, Corporate Officers and the others from this April, and the personnel changes to be proposed at the Ordinary General Meeting of Shareholders scheduled for this coming June, have been resolved, at the ordinary meeting of the Board of Directors held today, as attached. Ⅰ.The personnel changes in Board Members and Executive Officers 1)Retirement from Executive Officers (As of March 31) : 5 persons 2)Newly Appointed Executive Officers (As of April 1) : 3 persons 3)Reappointment of Executive Officers(As of April 1) : 33 persons 4)Promotion in Executive Officers (As of April 1) : 5 persons 5)The Other Personnel Changes of Executive Officers (As of April 1) 6)Newly Appointed Directors ( Proposed at the Ordinary General Meeting of Shareholders in June) : 3 persons 7)Retirement from Directors ( After the Ordinary General Meeting of Shareholders in June) : 3 persons 8)Reappointment of Directors (Proposed at the Ordinary General Meeting of Shareholders in June) : 9 persons Ⅱ.The personnel changes in Corporate Officers 1)Newly Appointed Corporate Officers (As of April 1) : 13 persons 2)The Other Personnel Changes of Corporate Officers (As of April 1) Ⅲ.The personnel changes of the employees along with the above personnel changes in Board Members, Executive Officers and Corporate Officers (As of April 1) Ⅳ.Organizational Change(As of April 1) Reference materials : Ⅰ.Executive Officers(As of April 1) : 36 persons Ⅱ.Board Members(After the Ordinary General Meeting of Shareholders in June) : 12 persons (Contact : Mitsuru Iba, General Manager, Corporate Communications Department,03-5166-3089) 1
Ⅰ.The personnel changes in Board Members and Executive Officers 1)Retirement from Executive Officers (As of March 31) Kenzo Okubo Shingo Yoshii Name As of April 1 Current Yoshihiko Shimazu Yoshiyuki Matsuoka Mitsuhiko Yamada Assistant to President and CEO Assistant to President and CEO Adviser, General Manager for CIS, Assistant General Manager for Europe, General Manager, Moscow Office Assistant to President and CEO Adviser, Assistant General Manager, Mineral Resources & Energy Executive Vice President, General Manager, Metal Products General Manager, Media, Network & Lifestyle Retail General Manager for CIS, Assistant General Manager for Europe, General Manager, Moscow Office General Manager, Chemical & Electronics General Manager, Mineral Resources No.1 2)Newly Appointed Executive Officers (As of April 1) Name As of April 1 Current Assistant General Manager, Assistant General Manager, Hiroyuki Inohara Financial Resources Management Financial Resources Management Group, Group, General Manager, Finance Dept. Sumitomo Mitsui Finance And Leasing Company, Limited Masaru Nakamura General Manager, Tubular Products General Manager, Tubular Products Kohei Hirao General Manager, Power & Social Infrastructure Business General Manager, Power & Social Infrastructure Business 3)Reappointment of Executive Officers(As of April 1) All Executive Officers, except for the 5 persons who will retire from Executive Officers on March 31, will be reappointed Executive Officers. 2
4)Promotion in Executive Officers (As of April 1) Name As of April 1 Current Senior General Manager, Metal Products Assistant General Manager, Metal Shunichi Arai Products, General Manager, Planning & Administration Dept., Metal Products Senior General Manager for China, General Manager for China, CEO of Sumitomo Corporation CEO of Sumitomo Corporation Nobuo Kitagawa China Group, General Manager, Beijing Office, (China) Holding Ltd., (China) Limited China Group, General Manager, Beijing Office, (China) Holding Ltd., (China) Limited General Manager for Europe, Deputy General Manager for China, CEO of Sumitomo Corporation General Manager, Sumitomo Europe Group, Corporation China Group CEO Director & President of Sumitomo Office, Shinichi Sasaki Corporation Europe Holding General Manager, China Metal Limited, Products, in Chairman, Director & China Sumitomo Corporation Europe Group, Limited (Shanghai) Limited General Manager, Human Responsible for Internal Auditing Takuro Kawahara Resources, General Affairs & Legal Group Dept., Assistant General Manager, Corporate Planning & Coordination Office <in charge of Legal Affairs > Yoshio Osawa General Manager, Media, Network & Lifestyle Retail General Manager, Media 5)The Other Personnel Changes of Executive Officers (As of April 1) Name As of April 1 Current Executive Vice President, Executive Vice President, Responsible for Human Resources, Responsible for Human Resources Noriaki Shimazaki General Affairs & Legal Group, Development & Information Responsible for Financial Resources Management Group, Management Group Responsible for Financial Resources Management Group 3
Nobuhide Nakaido Shuichi Mori Ichiro Miura Name As of April 1 Current Kuniharu Nakamura Kazuhiro Takeuchi Executive Vice President, Responsible for Corporate Planning & Coordination Group ( ) Senior General Manager, Chemical & Electronics Responsible for Internal Auditing Dept., Senior Assistant to Executive Vice President, Responsible for Corporate Planning & Coordination Group General Manager, Corporate Planning & Coordination Group General Manager, Corporate Planning & Coordination Dept. 4 Executive Vice President, General Manager, Corporate Planning & Coordination Office Senior General Manager for Europe, CEO of Sumitomo Corporation Europe Group, Director & President of Sumitomo Corporation Europe Holding Limited, Chairman, Director & President of Sumitomo Corporation Europe Limited General Manager, Human Resources Development & Information Management Group General Manager, Corporate Planning & Coordination Dept. General Manager, Financial Service General Manager, Planning & Assistant General Manager, Makoto Nakamura Administration Dept., Media, Financial Resources Management Network & Lifestyle Retail Group, General Manager, Finance Dept. ( )Corporate Planning & Coordination Group includes, Corporate Planning & Coordination Dept., Secretarial Dept., Investor Relations Dept., Corporate Communications Dept., Environment & CSR Dept.(current:Global Environment Dept.), Global Strategy & Research Dept. and Information Technologies Planning & Promotion Dept. 6)Newly Appointed Directors (Proposed at the Ordinary General Meeting of Shareholders in June) Name New As of April 1 Shuichi Mori Shunichi Arai Senior General Manager, Chemical & Electronics Senior General Manager, Metal Products Senior General Manager, Chemical & Electronics Senior General Manager, Metal Products
Name New As of April 1 Yoshio Osawa General Manager, Media, Network & Lifestyle Retail General Manager, Media, Network & Lifestyle Retail 7)Retirement from Directors (after the Ordinary General Meeting of Shareholders in June) Name New As of April 1 Kenzo Okubo Special Adviser Assistant to President and CEO Shingo Yoshii Adviser Assistant to President and CEO Yoshiyuki Matsuoka Adviser Assistant to President and CEO 8)Reappointment of Directors ( Proposed at the Ordinary General Meeting of Shareholders in June) All Directors, except for the 3 persons who will retire from Director, will be proposed to be appointed as Representative Directors. Ⅱ.The personnel changes in Corporate Officers 1)Newly Appointed Corporate Officers (As of April 1) Ryo Ogawa Kensaku Kato Name As of April 1 Current Assistant to General Manager, Mineral Resources No.1, Chairman of Nusa Tenggara Mining Corporation, P.T. Newmont Nusa Tenggara de Mexico S.A. de C.V., General Manager, Monterrey Office, Assistant General Manager for the Americas Assistant to General Manager, Mineral Resources Project Dept. Chairman of Nusa Tenggara Mining Corporation, P.T. Newmont Nusa Tenggara de Mexico S.A. de C.V., General Manager, Monterrey Office, Assistant General Manager for the Americas 5
Name As of April 1 Current General Manager, China Assistant General Manager for Infrastructure & Transportation China, Systems in General Manager, China Sumitomo Corporation China Mikio Yamauchi Infrastructure & Transportation Group, Systems in Sumitomo Corporation China (Hong Kong) Limited Group, (Hong Kong) Limited Yoshiharu Takano General Manager, Internal Auditing Dept. General Manager, Risk Analysis & Assessment Dept. Assistant to General Manager, Assistant to General Manager, Industrial Infrastructure Business Telecommunication, Environment & Dept. Takehiko Arai Industrial Infrastructure Business President of Sumitomo Shoji, Machinex Co., Ltd. President of Sumitomo Shoji Machinex Co., Ltd. Deputy General Manager, Basic & Manabu Yamane General Manager, Basic Chemicals Performance Chemicals, General Manager, Industrial Performance Materials Dept. Hisakazu Suzuki General Manager, Corporate Legal & General Affairs Dept. General Manager, Corporate Legal & General Affairs Dept. Assistant General Manager for Thailand Ltd., China, President of Sumi-Thai Kimio Fukushima General Manager, Sumitomo International Limited Corporation China Group CEO Office, President of Sumitomo Corporation (Shanghai) Limited Yoshifumi Yamawaki Korea Ltd. General Manager, Plate & Project Dept., Sumisho Tekko Hanbai Co., Ltd. General Manager, Steel Sheet & Deputy General Manager, Iron & Strip Dept., Tsuneaki Maeda Steel, No.2 General Manager, Steel Sheet & Strip Dept., General Manager, Transportation Masao Tabuchi Deputy General Manager, Ship, Project & Equipment Dept. Aerospace & Transportation Systems 6
Name As of April 1 Current General Manager, Risk General Manager, Planning & Management Group in Sumitomo Hirohiko Imura Administration Dept., Corporation of America, Infrastructure Assistant to General Manager for the Americas General Manager, Planning & Kiyoshi Sunobe General Manager, Planning & Administration Dept., Financial & Administration Dept., Financial & Logistics Logistics 2)The Other Personnel Changes in Corporate Officers (as of April 1) Name As of April 1 Current Yoshito Horiuchi Assistant to General Manager, General Manager, Basic & Chemical & Electronics Business Performance Chemicals Unit Kazuyuki Inoue General Manager, Electronics General Manager, Electronics Business General Manager, Logistics & Assistant General Manager for Masao Tetsuya Insurance Business Southeast & Southwest Asia, (Singapore) Pte. Ltd. Jiro Miyata Deputy General Manager, Mineral Resources No.1 <As of March 1> General Manager for South America, do Brasil S.A., General Manager, Porto Alegre Office, General Manager, Recife Office, President of Sumitomo Corporation del Peru S.A., Argentina S.A. General Manager, Media General Manager, Planning & Masatoshi Hayashi Administration Dept., Media, Network & Lifestyle Retail 7
Name As of April 1 Current Assistant General Manager for Assistant to General Manager, Shinya Matsuzawa Southeast & Southwest Asia, (Singapore) Pte. Ltd. Chemical & Electronics Business Unit, Sumitomo Shoji Chemicals Co., Ltd. Akira Takeuchi General Manager, Mineral Resources No.1 Deputy General Manager, Mineral Resources No.1 Assistant General Manager, General Manager, Corporate Risk Hideki Iwasawa Financial Resources Management Management Dept. Group, General Manager, Corporate Risk Management Dept. Assistant to General Manager, General Manager, Logistics & Tetsuo Oshima Logistics & Insurance Business Insurance Business, Sumisho Global Logistics Co., Ltd. General Manager, Iron & Steel, No.3, Deputy General Manager, Metal Products for Automotive Industries Masahiro Nakanishi, General Manager, Metal Products for Automotive Industries Business Planning Dept., General Manager, Planning & Deputy General Manager, Iron & Masao Sekiuchi Administration Dept., Metal Steel,No.3, Products General Manager, Stainless Steel Products Dept., General Manager, Risk General Manager, Planning & Masato Sugimori Management Group in Sumitomo Administration Dept., Corporation of America, Infrastructure Assistant General Manager for the Americas Hiroyuki Takai General Manager, Financial Service Deputy General Manager, Financial Service, General Manager, Asset Management Dept. 8
Ⅲ.The personnel changes of the employees along with the above personnel changes in Board Members, Executive Officers, and Corporate Officers (As of April 1) Name As of April 1 Current Ryoji Nagao NIL Korea Ltd. Assistant to General Manager, General Manager, Internal Auditing Lifestyle & Retail Business Dept. Hiroshi Funazaki, Sumitex International Company Limited Hiroshi Fukukita Assistant to General Manager, Iron & Steel,No.3, Ishihara Kohtetsu Co.,Ltd. General Manager, Iron & Steel,No.3, Takeshi Saraoka General Manager, Risk Analysis & Assistant to General Manager, Assessment Dept. Corporate Risk Management Dept. General Manager, Plate & Project Assistant to General Manager, Hajime Fukui Dept., Railway Products, Forging & Sumisho Tekko Hanbai Co., Ltd. Casting Dept., Huizhou Sumikin Forging Co., Ltd. General Manager, International General Manager, International Steel Sheet & Slab Business Dept., Steel Sheet & Slab Business Dept. Noboru Saka General Manager, Electrical Steel Sheet & Tin Mill Products Dept., General Manager, Stainless Steel Assistant to General Manager, Fumihiko Tairaku Products Dept., Construction Steel Products Dept., Tokyo, Sumisho Tekko Hanbai Co., Ltd. Shigenobu Yoshida General Manager, Line Pipe Assistant to General Manager, Business Dept. Tubular Products General Manager, Steel Sheet General Manager, Electrical Steel Kiyotaka Kawasaki Products for Automotive Industries Sheet & Tin Mill Products Dept. Dept., General Manager, Metal Products Assistant General Manager, Metal Makoto Horie for Automotive Industries Business Planning Dept., Products for Automotive Industries, Deputy General Manager, Metal Products for Automotive Industries Business Planning Dept., General Manager, Transportation Assistant to General Manager, Katsuji Nakagawa Project & Equipment Dept. Transportation Project & Equipment Dept. 9
Name As of April 1 Current General Manager, Industrial China Chemical & Electronics Performance Materials Dept. in Sumitomo Corporation China Group, Rei Ito (Guangzhou) Ltd., General Manager, Chengdu Office General Manager, Asset Deputy General Manager, Manabu Kido Management Dept. Commodity Business Dept. General Manager, China Metal General Manager, Steel Sheet Products in Products & Non-Ferrous Products Sumitomo Corporation China for Automotive Industries Dept., Yoshihiro Koda Group, Sumitomo Corporation (Shanghai) Limited. China Chemical & Electronics Assistant to General Manager, in Sumitomo Basic & Performance Chemicals Corporation China Group, Yasukiyo Matsuzawa (Guangzhou) Ltd., General Manager, Chengdu Office General Manager for South General Manager, Line Pipe America, Business Dept. do Brasil S.A., General Manager, Porto Alegre Tomohisa Ito Office, General Manager, Recife Office, President of Sumitomo Corporation del Peru S.A., Argentina S.A. 10
Ⅳ.Organizational Change (As of April 1) (Current) (As of April 1) Corporate Group Corporate Group Corporate Planning & Coordination Office Corporate Planning & Coordination Group Corporate Planning & Coordination Dept. Corporate Planning & Coordination Dept. Legal Dept. Secretarial Dept. Secretarial Dept. Investor Relations Dept. Investor Relations Dept. Corporate Communications Dept. Corporate Communications Dept. Environment & CSR Dept. Global Environment Dept. Global Strategy & Research Dept. Information Technologies Planning & Promotion Dept. Human Resources Development & Information Management Group Human Resources, General Affairs & Legal Group Human Resources Dept. Human Resources Dept. Corporate Legal & General Affairs Dept. Corporate Legal & General Affairs Dept. Global Strategy & Research Dept. Legal Dept. Information Technologies Planning & Promotion Dept. Metal Products Metal Products Metal Products for Automotive Industries Metal Products for Automotive Industries Steel Sheet Products & Non-Ferrous Products for Automotive Industries Dept. Steel Sheet Products for Automotive Industries Dept. Chemical & Electronics Chemical & Electronics Basic & Performance Chemicals Basic Chemicals Electronics 11 Electronics Business
<Reference materials> Ⅰ.Executive Officers (As of April 1) < :Representative Director> < :Proposed to be appointed as a Representative Director at the Ordinary General Meeting of Shareholders scheduled for this coming June> Position Name President and CEO Susumu Kato Executive Vice President Noriaki Shimazaki Responsible for Human Resources, General Affairs & Legal Group, Responsible for Financial Resources Management Group Nobuhide Nakaido Responsible for Corporate Planning & Coordination Group Senior Managing Executive Officer Michio Ogimura General Manager for Southeast & Southwest Asia Michihisa Shinagawa General Manager for the Americas, Director & President of Sumitomo Corporation of America Iwao Okamoto General Manager, Mineral Resources & Energy Business Unit Makoto Shibahara General Manager, Financial & Logistics Shuichi Mori General Manager, Chemical & Electronics Kazuo Ohmori General Manager, Transportation & Construction Systems Business Unit Shunichi Arai General Manager, Metal Products 12
Position Senior Managing Executive Officer Managing Executive Officer Name Nobuo Kitagawa Yoshi Morimoto General Manager for China, CEO of Sumitomo Corporation China Group, General Manager, Beijing Office, President of Sumitomo Corporation (China) Holding Ltd., President of Sumitomo Corporation (China) Limited. General Manager, Kansai Regional Kentaro Ishimoto Assistant General Manager, General Products & Real Estate, General Manager, Food Business Kenji Kajiwara General Manager, Chubu Regional Makoto Sato Assistant General Manager, Transportation & Construction Systems, General Manager, Automotive No.1 Toyosaku Hamada General Manager, Financial Resources Management Group Takahiro Moriyama General Manager, Infrastructure Ichiro Miura Responsible for Internal Auditing Dept., Senior Assistant to Executive Vice President, Responsible for Corporate Planning & Coordination Group Takashi Kano General Manager, General Products & Real Estate Business Unit Kuniharu Nakamura General Manager, Corporate Planning & Coordination Group 13
Position Managing Executive Officer Executive Officer Name Shinichi Sasaki Takuro Kawahara Yoshio Osawa Kazuhisa Togashi Kazuhiro Takeuchi Shinichi Ishida Takafumi Sone Makoto Nakamura Naoki Hidaka Shigeru Ohashi General Manager for Europe, CEO of Sumitomo Corporation Europe Group, Director & President of Sumitomo Corporation Europe Holding Limited, Chairman, Director & President of Sumitomo Corporation Europe Limited General Manager, Human Resources, General Affairs & Legal Group General Manager, Media, Network & Lifestyle Retail General Manager, Iron & Steel,No.2, President of Sumisho Steel Corporation General Manager, Corporate Planning & Coordination Dept. General Manager, Construction & Mining Systems General Manager, Telecommunication, Environment & Industrial Infrastructure Business General Manager, Planning & Administration Dept., Media, Network & Lifestyle Retail General Manager, Metal Products for Automotive Industries, General Manager, Lifestyle & Retail Business 14
Position Executive Officer Name Yasuo Kumagai General Manager, Materials & Supplies Assistant General Manager for Southeast & Southwest Asia, Masayuki Doi President of PT. Sumitomo Indonesia, General Manager, Surabaya Office, Executive Supervisor, Jakarta Project Coordination Office Toru Furihata Hiroyuki Inohara Masaru Nakamura Kohei Hirao General Manager, Mineral Resources No.2 Assistant General Manager, Financial Resources Management Group, General Manager, Finance Dept. General Manager, Tubular Products General Manager, Power & Social Infrastructure Business Ⅱ.Board Members(After the Ordinary General Meeting of Shareholders in June) Name Chairman of the Board of Directors President & CEO Executive Vice President Executive Vice President Senior Managing Executive Officer Senior Managing Executive Officer Senior Managing Executive Officer Senior Managing Executive Officer Senior Managing Executive Officer Motoyuki Oka Susumu Kato Noriaki Shimazaki Nobuhide Nakaido Iwao Okamoto Makoto Shibahara Shuichi Mori Kazuo Ohmori Shunichi Arai 15
Managing Executive Officer Managing Executive Officer Managing Executive Officer Name Takahiro Moriyama Takashi Kano Yoshio Osawa 16