Notice of Organizational Restructuring

January 10, 2017
Cosmo Energy Holdings Co., Ltd.

Cosmo Energy Holdings Co., Ltd. (President: Keizo Morikawa) announces an organizational change as of April 1, 2017. The details are as follows:

<The details of the new organization>

"Diversity Promotion Dept." will be transferred under the "Human Resource and General Affairs Dept."

"Diversity Promotion Dept." was established in 2015 for the purpose of promoting working style reforms of the Cosmo Energy Group (the "Group") and will be transferred under the "Human Resource and General Affairs Dept." to optimize policy implementation in relation to the Group's human resource strategy while maintaining its current functions.

<Organization Chart>

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