Yokohama Rubber informally decided the below-mentioned changes of senior management at the meeting of the board members held on 17 February, 2023. The changes will formally be approved after the general meeting of shareholders to be held on 30 March, 2023.

As of March 30, 2023

Promoted Member of the Board (current position
Shinji Seimiya

Member of the Board and Managing Officer, Chief Technical & productional Officer, in charge of IT & Management System Planning Div.

(Member of the Board and Officer, Chief Technical Officer, in charge of Quality Assurance Div., Head of Tire Development Div).

Newly appointed Members of the Board (current position)
Tomoaki Miyamoto
Member of the Board and Managing Officer, Head of Japan Replacement Tire Sales & Marketing Div, Head of Consumer Tire Product Planning Div, in charge of Corporate Administration Div, Member of the Board of Yokohama Tire Japan Co, Ltd.

(Managing Officer, Head of Japan Replacement Tire Sales & Marketing Div, Member of the Board of Yokohama Tire Japan Co, Ltd).

Yoshikuni Nakamura
Member of the Board and Managing Officer, Head of Tire Business Planning Div, in charge of Tire Overseas Sales & Marketing Div, in charge of Corporate Social Responsibility Div.

(Managing Officer, Head of Tire Overseas Sales & Marketing Div, Chairman of Yokohama Asia Co, Ltd.)

Masahiro Yuki
Member of the Board and Officer, Head of Corporate Planning Div., in charge of Quality Assurance Div., Chairman of Yokohama Rubber (China) Co., Ltd.

(Officer, Chairman of Yokohama Rubber (China) Co, Ltd, Chairman of Yokohama Tire Sales (Shanghai) Co, Ltd, Chairman of Hangzhou Yokohama Tire Co, Ltd, Chairman of Suzhou Yokohama Tire Co, Ltd, Chairman of Yokohama Industrial Products - Hangzhou Co, Ltd, Chairman of Yokohama Industrial Products Sales - Shanghai Co, Ltd, Vice Chairman of Shandong Yokohama Rubber Industrial Products Co, Ltd).

Megumi Shimizu
Member of the Board (Outside)

(Audit & Supervisory Board Member (Outside))

Junichi Furukawa
Member of the Board (Outside)

Newly appointed Members of the Board and the Audit ＆ Supervisory Committee
Gota Matsuo

Member of the Board, Member of the Audit ＆ Supervisory Committee

(Member of the Board and Managing Officer, Chief Financial Officer, Head of Corporate Administration Div, in charge of Corporate Finance & Accounting Dept, Head of Corporate Social Responsibility Div, in charge of IT & Management System Planning Div, in charge of PRGR).

Hisao Uchida
Member of the Board, Member of the Audit ＆ Supervisory Committee

(Audit & Supervisory Board Member)

Hirokazu Kono
Member of the Board, Member of the Audit ＆ Supervisory Committee (Outside)

(Member of the Board (Outside))

Atsushi Kamei
Member of the Board, Member of the Audit ＆ Supervisory Committee (Outside)
(Audit & Supervisory Board Member (Outside))

Hiroki Kimura
Member of the Board, Member of the Audit ＆ Supervisory Committee (Outside)
(Audit & Supervisory Board Member (Outside))

The members of the Board voted at the meeting of the board members on 31 January, 2023, to shift the company from a company with an audit and supervisory board to a company with an audit and supervisory committee, subject to approval at the general meeting of shareholders on 30 March, 2023.

Change in Member of the Board’s responsibility
Nitin Mantri

Member of the Board and Managing Officer, Head of OHT Div, CEO of Yokohama Off-Highway Tires K.K, Chairman of Yokohama India, Chairman of Yokohama Tyre Vietnam Inc, in charge of Yokohama Europe GmbH.

(Member of the Board and Managing Officer, Head of OHT Div, CEO of Yokohama Off-Highway Tires K.K, Chairman of Yokohama India).

Retired Members of the Board
Yasuo Nakayama
Advisor, Vice Chairman of Yokohama Rubber (China), Chairman of Yokohama Industrial Products - Hangzhou, Chairman of Yokohama Industrial Products Sales - Shanghai, Vice Chairman of Shandong Yokohama Rubber Industrial Products.

(Member of the Board and Officer, Head of MB Div, Head of Hose and Couplings Div)

Toru Nakamura
Officers , President of Yokohama Tire Manufacturing (Thailand).

(Member of the Board and Officer, Head of Tire Production Div).

Nobuo Takenaka
(Member of the Board (Outside))

Retired Audit and Supervisory Board Members (including four individuals newly appointed as Member of the Board or Member of the Board and the Audit and Supervisory Committee)

Osamu Mikami
Advisor
(Audit & Supervisory Board Member)

Hisao Uchida
Member of the Board, Member of the Audit ＆ Supervisory Committee

(Audit & Supervisory Board Member)

Atsushi Kamei
Member of the Board, Member of the Audit ＆ Supervisory Committee (Outside)

(Audit & Supervisory Board Member (Outside))

Megumi Shimizu
Member of the Board (Outside)
(Audit & Supervisory Board Member (Outside))

Hiroki Kimura
Member of the Board, Member of the Audit ＆ Supervisory Committee (Outside)
(Audit & Supervisory Board Member (Outside))

Promoted Officer

Takehisa Morimoto

Managing Officer, President of Yokohama Tire Manufacturing Mississippi, LLC, Chairman of Yokohama Tire Manufacturing Virginia, LLC.

(Officer, President of Yokohama Tire Manufacturing Mississippi, LLC).

Newly appointed Officers

Anil Gupta

Officer, COO of ATC Tires, Vice Chairman of Yokohama India.

(Associate Officer, COO of ATC Tires, Vice Chairman of Yokohama India)

Tetsuya Nagao
Officer, Head of Tire Production Div.

(Associate Officer, President of Yokohama Tire Philippines, Inc)

Takeshi Masatomo
Officer, Head of Tire Overseas Sales & Marketing Div, Head of Tire Overseas Sales & Marketing Dept, Chairman of Yokohama Asia.

(Associate Officer, Acting Head of Tire Overseas Sales & Marketing Div, Head of Tire Overseas Sales & Marketing Dept).

Shoichiro Matsuda
Officer, Head of Tire Development Div, Head of Tire Designing Dept No 2

(Associate Officer, Acting Head of Tire Development Div, Head of Tire Designing Dept No 2)

Changes in Officers’ responsibility
Shinichi Takimoto

Senior Managing Officer, Chairman and CEO of Yokohama Corporation of North America, Chairman of Yokohama Tire Corporation, Chairman of Yokohama Tire (Canada) Inc, Chairman of Yokohama Tire Mexico, S de RL de CV.

(Senior Managing Officer, President and CEO of Yokohama Corporation of North America, Chairman of Yokohama Tire Corporation, CEO of Yokohama Tire (Canada) Inc, CEO of Yokohama Tire Mexico, S de RL de CV)

Jeff Barna
Senior Managing Officer, President of Yokohama Corporation of North America, President and CEO of Yokohama Tire Corporation

(Senior Managing Officer, President and CEO of Yokohama Tire Corporation)

Shingo Ishimitsu
Officer, Head of HR Dept, President of Yokohama Peer Support, President of Yokohama Rubber.

(Officer, Head of HR Dept, President of Yokohama Peer Support., President of Yokohama Rubber Health Insurance Society, President of Yokohama Rubber).

Promoted Associate Officers

Takashi Shirokawa
Managing Associate Officer, Head of Corporate Social Responsibility Div, Head of Hiratsuka Factory

(Associate Officer, Head of Hiratsuka Factory, Head of Materials Technologies Dept).

Tsuneyuki Ishizuka
Managing Associate Officer, Head of Corporate Administration Div, Head of Corporate General Affairs Dept.

(Associate Officer, Acting Head of Corporate Administration Div, Head of Corporate General Affairs Dept).

Masaki Nakamura
Managing Associate Officer, Head of IT & Management System Planning Div, President of Hamagomu Aicom Inc.

(Associate Officer, Head of IT & Management System Planning Div, Head of System Development Dept, President of Hamagomu Aicom Inc).

Newly appointed Associate Officers

Hideki Satowa
Associate Officer, Deputy in charge of MB Production and Engineering, Head of MB Production and Engineering Planning Dept.

(Assistant in charge of MB Production and Engineering Planning, Head of MB Production and Engineering Planning Dept).

Motoji Fujita
Associate Officer, Acting Head of Research & Advanced Development Div, Head of Materials Technologies Dept.

(President of Yokohama Tire Manufacturing (Thailand)

Hidekazu Onoi
Associate Officer, Head of Tire Materials Development Dept No 2

(Head of Tire Materials Development Dept No 2)

Takayoshi Omae
Associate Officer, Acting Head of Consumer Tire Product Planning Div, Head of Consumer Tire Product Planning Dept.

(Head of Consumer Tire Product Planning Dept)

Kazuhiro Masuda
Associate Officer, Acting Head of Corporate Administration Div, Head of Legal Dept

(Head of Legal Dept.)

Stan Chandgie
Associate Officer, Vice President of Yokohama Tire Corporation

(Vice President of Yokohama Tire Corporation)

Changes in Associate Officers’ responsibility

Michio Shimizu

Associate Officer, Head of Motorsports Tire Development Dept.

(Associate Officer, Deputy Head of Tire Development Div, Head of Motorsports Tire Development Dept).

Koji Watanabe
Associate Officer, Head of Tire Technical Planning & Administration Dept.

(Associate Officer, Deputy Head of Tire Development Div., Head of Tire Technical Planning & Administration Dept)

Naoki Takeda
Associate Officer, President of Aichi Tire Industry

(Associate Officer, Head of Internal Audit Dept)

Takayuki Hamaya
Associate Officer, Head of MB Div, Head of Industrial Products Div

(Associate Officer, Head of Industrial Products Div)

Shigemichi Mori
Associate Officer, Acting Head of MB Div, Head of Hose and Couplings Div, Head of MB Planning Dept.

(Associate Officer, Acting Head of MB Div, Head of MB Planning Dept)

Ming Fan
Associate Officer, Assistant to President, President of Yokohama Rubber (China) Co, Ltd., Chairman and President of Yokohama Tire Sales (Shanghai) Co, Ltd, Chairman of Hangzhou Yokohama Tire, Chairman of Suzhou Yokohama Tire.

(Associate Officer, Assistant to President, President of Yokohama Rubber (China), President of Yokohama Tire Sales (Shanghai).

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Apollo Tyres Chairman Onkar S. Kanwar has said the company remains focused on disciplined execution, sustainability and long-term value creation as it navigates geopolitical uncertainty, changing trade dynamics and a challenging global business environment.

Addressing shareholders at the company's 53rd Annual General Meeting (AGM), Kanwar said FY26 had been a year that tested businesses worldwide, but Apollo Tyres had continued to strengthen its financial performance while investing for future growth.

"The future is not something we inherit. It is something we create through the choices we make every day," Kanwar told shareholders, quoting Mahatma Gandhi's observation that "The future depends on what we do in the present."

Apollo Tyres reported consolidated revenue of INR 284.71 billion for FY26, crossing the INR 280 billion milestone, while operating profit rose to INR 41.43 billion. Kanwar said the company's focus extended beyond financial performance to improving capital efficiency, operational discipline and profitable growth.

"Every important decision we take is driven by one simple question: Are we building a stronger company for tomorrow?" he said.

Kanwar also highlighted the company's efforts to strengthen the Apollo Tyres brand through its association with the Indian national cricket team, describing the partnership as one that reflected Apollo Tyres' values of resilience, determination and excellence rather than merely serving as a branding exercise.

Sustainability remained central to the company's strategy, he said, noting that Apollo Tyres' greenhouse gas emission reduction targets had been validated by the Science Based Targets initiative (SBTi), reinforcing its commitment to achieving net-zero emissions by 2050.

The company continued to expand the use of renewable energy while improving responsible sourcing and resource efficiency across its operations, Kanwar said. "Sustainability is no longer a separate agenda for Apollo Tyres; it has become an integral part of how we innovate, manufacture and grow."

Kanwar credited employees for the company's performance, describing their commitment and adaptability as the foundation of Apollo Tyres' continued progress. He also acknowledged the support of governments and institutions across the markets where the company operates.

He singled out Hungary as a key manufacturing base in Europe, saying Apollo Tyres' plant at Gyöngyöshalász reflected the benefits of long-term collaboration with the Hungarian government.

Looking ahead, Kanwar expressed confidence in the company's growth prospects, citing India's expanding market opportunities and Apollo Tyres' international manufacturing and distribution footprint.

"Uncertainty will always be a part of business, but organisations that remain true to their values, continue to innovate and invest responsibly will be best placed to succeed," he said.

Thanking shareholders, customers, dealers, suppliers, financial institutions and government partners for their continued support, Kanwar said Apollo Tyres remained committed to building "a company that is stronger, more resilient and more responsible with every passing year."

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CAMSO Construction and CEAT Specialty has announced the appointment of Jason Canning as Vice President & Head – International Sales for CAMSO Construction and CEAT OHT business units. The executive will assume responsibility for steering the company’s worldwide sales strategy, accelerating international revenue expansion, and fortifying collaborations with original equipment manufacturers, distribution networks and end-users in pivotal global regions.

With a career spanning over two decades, Canning brings extensive commercial leadership experience garnered across the speciality tyre, industrial products and engineered materials industries. His professional track record is distinguished by consistent delivery of sustainable financial growth, the cultivation of high-performance international sales teams and the establishment of durable strategic alliances with major OEMs, channel partners and a diverse clientele across multiple continents.

This strategic hire underscores the organisation’s ongoing commitment to securing premier global talent in support of its ambitious international development objectives. The move also reaffirms the company’s dedication to providing customer-centric, premium-grade solutions on a worldwide scale, aligning with its broader vision for sustained market presence and operational excellence.

Canning said, "I am excited to join CAMSO Construction and CEAT OHT at such a pivotal time for the organisation. I look forward to leveraging my international experience to strengthen our global partnerships, expand our market presence and drive sustainable growth for the business."

Amit Tolani, Director, CAMSO Construction and Chief Executive, CEAT Specialty, said, " Jason's international experience and proven track record of building high-performing sales teams make him an outstanding addition to our leadership team. His deep understanding of the OHT products landscape, along with strong OEM and channel relationships, will support our global expansion."

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ZC Rubber has held its first Indonesia Distributor Conference, bringing together around 140 representatives from the company, PT Matahari Tire Indonesia (MTI) and its core Indonesian distributor network as it seeks to strengthen its presence in Southeast Asia.

The two-day event, held in Jakarta on July 23–24 under the theme "Gathering Momentum in Indonesia, Creating Success Together", focused on the company's manufacturing development in Indonesia, product planning for regional markets and closer collaboration with distributors.

Opening the conference, Henry Shen, Senior Vice President of Zhongce Rubber Group (ZC Rubber), highlighted the progress of MTI since it was established nearly three years ago. According to the company, the Indonesian plant began production 289 days after construction started and produced its first one million tyres a further 282 days later.

"MTI is an important part of our long-term development in Indonesia and Southeast Asia. It gives us a stronger local manufacturing base, closer access to market demand and greater flexibility in serving both regional and international customers,” said Shen.

Located in Kendal Industrial Park in Central Java, the 58.8-hectare facility is ZC Rubber's second overseas tyre plant. The company said Phase I has reached its planned production capacity, while Phase II has entered operation.

During the conference, Wang Xianning, Vice President of ZC Rubber and General Manager of MTI, outlined developments in production capacity, intelligent manufacturing and the plant's end-to-end quality control system.

Zhang Chunsheng, Deputy General Manager of ZC Rubber's Truck and Bus Tire Division and Director of its TBR and OTR Research Institute, presented the company's tyre technology roadmap and product development plans. These include refining products for Indonesia's road conditions, heavy rainfall, high temperatures and demanding commercial vehicle applications.

"Feedback from distributors, fleets and users in Indonesia is helping us refine products for local conditions, while ZC Rubber's global R&D platform allows those products to meet the requirements of wider regional and export markets," Zhang said.

Jeffrey Zhang, General Manager of ZC Rubber's International Business Department, and Justin Cui, Assistant General Manager of MTI, also presented localised product planning, marketing programmes and channel development strategies for the Indonesian market.

The conference included discussions with distributors covering product performance, customer demand and regional market conditions. The company said the feedback gathered would be incorporated into future product planning and market support.

ZC Rubber also announced the formation of an Indonesia Marketing Committee, comprising representatives from four national distributors. The committee will provide a forum for MTI and its partners to discuss product requirements, market developments and coordinated sales and marketing activities.

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SI Group has promoted Robert Kaiser to Senior Vice President of Strategic Marketing, concurrently appointing him to the company’s Executive Leadership Team. The global developer and manufacturer of performance additives, process solutions and chemical intermediates has tasked the executive with spearheading market-focused growth efforts and enhancing the synergy between client demands and the firm’s enduring strategic vision.

Kaiser’s elevation follows a distinguished tenure with the organisation that began in 2014, during which he assumed progressively significant roles in strategic marketing and business development. His contributions have been instrumental in refining the company’s product portfolio and market positioning, as well as fostering interdepartmental cooperation on pivotal expansion projects. His professional background also includes commercial leadership stints at AkzoNobel and Arizona Chemical, now part of Kraton Corporation.

The newly appointed Senior Vice President holds a Master of Business Administration from Ruhr University Bochum in Germany. With his extensive commercial acumen, Kaiser is poised to drive alignment and execute the company’s long-term objectives in his new executive capacity.

David Bradley, President and Chief Executive Officer, SI Group, said, "Robert has consistently demonstrated exceptional strategic leadership and a deep understanding of our markets. His ability to turn information into actionable insight has been instrumental in strengthening our commercial organisation and advancing our strategic priorities. We look forward to the unique global perspective and market-centric lens he will bring to our Executive Leadership Team.” 

Kaiser said, “I am honoured to join the Executive Leadership Team. Our customers are navigating an increasingly complex business environment, and I’m grateful for the opportunity to step into this role at a time when SI Group has the global footprint and strong foundation needed to create value for our customers and the markets we serve. I look forward to working with colleagues across SI Group to deepen customer relationships and continue advancing our commercial strategy.”

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