Kokuyo Camlin Limited at its board meeting held on May 12, 2023, approved the resignation of Mr. Koji Higashiguchi as Non-Executive Director with effect from close of business hours on 12th May, 2023. On recommendation of the Remuneration and Nomination Committee, appointed Mr. Masaharu Inoue as an Additional Non- Executive Director of the Company with effect from 12th May, 2023 who shall hold office upto the date of the next Annual General Meeting and further designated him as `Senior Vice-Chairman and Non-Executive Director'. Mr. Masaharu Inoue is a Commerce Graduate from Kwansei Gakuin University.

He is associated with the Kokuyo Co. Ltd., Japan since 1991. He has a wide experience in the field of sales, planning, M & A, Management etc.

Currently, he is the Managing Officer of Kokuyo Co. Ltd. Japan, Deputy General Manager of Global Stationery Business Division and General Manager of Global Strategy Office, responsible for the entire value chain of product planning, procurement, logistics, sales, marketing and business management in China and mainly responsible for business strategy and marketing globally. Considered and approved the reconstitution of committees of the Board as follows: Audit Committee: Mr. Shishir B. Desai, Chairman; Ms. Nandini Chopra, Member, Mr. Sriram Venkataraman, Member and Mr. Masaharu Inoue, Member.

Stakeholders Relationship Committee: Mr. S. B. Desai, Chairman; Mr. S. S. Dandekar, Member and Mr. Masaharu Inoue, Member. Corporate Social Responsibility Committee: Ms. Nandini Chopra, Chairperson; Mr. S. S. Dandekar, Member and Mr. Masaharu Inoue, Member. Risk Management Committee: Mr. S. S. Dandekar, Chairman; Ms. Nandini Chopra, Member; Mr. Masaharu Inoue, Member and Mr. Satish Veerappa, Member.