June 29, 2021 Notice of New Board Member Appointment

Tokyo, June 29, 2021 – Japan Investment Corporation announces today the following changes of Board appointment, effective from June 28, 2021.
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1. Appointee
‍Newly Appointed Board Members

Retiring Board Members

‍2. Date of Assumption of Office
Mr. Ouchi and Mr. Ogasawara were elected to the board at the Annual General Meeting of shareholders held on June 28, 2021, and were pointed the above position at a meeting of the Board of Directors held on the same day.
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New External Director, Investment Committee Deputy Chairman career summary: Noriyuki Ogasawara

‍1976 Joined Nikko Securities Inc.
2004 President and CEO, Nikko Beans Inc.
2004 Chairman, Monex Beans Holdings
2005 Executive Deputy President, Nikko Cordial Securities Inc.
2008 Executive Deputy President, Citi Group Japan Holdings
2011 Chairman & Representative Director, Nikko Systems Solutions Ltd.
2012 Chairman of the Board, Simplex Asset Management Co., Ltd.

New Director and Chief Financial Officer career summary: Satoshi Ouchi

‍1989 Joined Ministry of Finance
2007 Senior Outreach Advisor, Centre for Tax Policy and Administration, OECD
2012 Director, Market Finance Division, Finance Bureau, Ministry of Finance
2018 Deputy Director-General, Manufacturing Industries Bureau, Ministry of Economy, Trade and Industry
2020 Director-General, Secretariat of the Headquarters for the World Expo 2025, Cabinet Secretariat

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About Japan Investment Corporation (JIC)
Japan Investment Corporation (“JIC”) was established on September 25, 2018. Amid the accelerated use of IoT, Big Data, AI, and other new information technologies globally, JIC aims to address the growing demand for risk capital for long-term, large-scale growth investments with a governance structure conducive to quick and flexible investment decision making.