Polyplastics-Evonik Corporation hereby announces that it has decided to change the representative director as follows.

1．Details of the changes

New Position : Resignation
Name : Tadashi Kanai
Former Position : Representative Director and President

New Position : Resignation
Name : Kunio Fukui
Former Position : Representative Director and Vice President

New Position : Representative Director and President
Name : Vitor Lavini

New Position : Representative Director and Vice President
Name : Mitsuru Nakaya

2．Effective Date of Change 

March 21^st, 2025

(Officially decided at the extraordinary general meeting of shareholders and the board of directors meeting scheduled to be held on the same day.)