Press Release

Appointment of Directors etc. as of 1 April 2018

JERA Co., Inc. (“JERA”) hereby announces that it has approved to change a director at the shareholders meeting held on 31 March and the board meeting held on 1 April. Furthermore, a new senior executive vice president has been appointed at the board meeting held on 29 March.

Management Structure of JERA after 1 April 2018 is as follows:

1.Directors

Title

Name

Area of Responsibility

Chairman

Hendrik Gordenker

President

Yuji Kakimi

Managing Director

Yukio Kani

Managing Director

Chief Strategy Officer,

Senior Executive Vice President

Managing Director

Tatsunori Miwada

Managing Director

Senior Executive Vice President,

Power Generation Business

Director (non-executive)

Toshihiro Sano

(Chairman of TEPCO Fuel & Power Inc.)

Director (non-executive)*

Satoshi Onoda

(Executive Vice President,

President of Power Generation Company of Chubu Electric Power Co., Inc.)

*Newly appointed

(Reference) Retiring Director (non-executive): Kozo Ban



2.Auditors

Title

Name

Corporate Auditor

Koji Nishimura

Corporate Auditor

Hiroshi Ito



3.Officers

Title

Name

Area of Responsibility

Senior Executive Vice President

Sunao Nakamura

Senior Executive Vice President,

Energy Transactions and Projects

Senior Executive Vice President

Toshiro Kudama

Chief Power Development Officer,

Senior Executive Vice President

Senior Executive Vice President

Hiroki Sato

Chief Fuel Transactions Officer,

Senior Executive Vice President

Senior Executive Vice President*

Masahiro Takizawa

Senior Executive Vice President,

General Affairs

*Newly appointed