Renesas Electronics Announces Executive Personnel Changes

TOKYO–(BUSINESS WIRE)–Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced the following changes in its Representative Director, Member of the Board and Corporate Auditor. The changes were approved at the meeting of the Board of Directors on February 19, 2021 and will become effective following the adoption of the resolutions at the 19th Ordinary General Meeting of Shareholders to be held on March 31, 2021.

1. Outline of the change in Representative Director

(1) Retiring (as of March 31, 2021)

Name	New Title	Current Title
Tetsuya Tsurumaru	–	Representative Director, Chairman

(2) Reasons for the change

Tetsuya Tsurumaru has committed 8 years since February 2013 as the Representative Director of Renesas to realize the company’s sustainable growth. Having achieved a certain level of achievements through these efforts, along with the expiration of his tenure of office, he has decided to retire from his position as the Representative Director.

2. Outline of the changes in Member of the Board and Corporate Auditor

(1) Newly-appointed Member of the Board and Corporate Auditor (as of March 31, 2021)�

Name	New Title	Current Title
Noboru Yamamoto	Outside Director	Outside Corporate Auditor
Tomoko Mizuno	Outside Corporate Auditor	–

(2) Brief biographies of the newly-appointed Member of the Board and Corporate Auditor

Name	Brief Biography
Noboru Yamamoto	April 1986	Joined Mazda Motor Corporation
	May 1989	Joined Daiwa Securities Group Inc.
	February 2002	Managing Director, PricewaterhouseCoopers Financial Advisory Service Ltd. (currently, PwC Advisory LLC)
	April 2003	Managing Director, Lazard Frères K.K.
	October 2006	Managing Director, Investment Banking Unit, Nikko City Group Securities Co., Ltd. (currently, Citigroup Global Markets Japan Inc.)
	October 2011	Co-head, Investment Banking Division, BNP Paribas, Tokyo Branch
	June 2016	Outside Director, Hitachi Koki Co., Ltd. (currently, Koki Holdings Co., Ltd.) (present)
	September 2016	Representative Director, Representative Partner & CEO, XIB Capital Partners, Inc. (present)
	January 2017	Senior Advisor, CLSA Capital Partners K.K. (present)
	March 2018	Outside Director, Tsubaki Nakashima Co., Ltd. (present) Outside Corporate Auditor of Renesas Electronics Corporation (present)
Name	Brief Biography
Tomoko Mizuno	July 1994	Joined Bain & Company Japan, Inc.
	September 2001	Marketing Associate, Eli Lilly & Company
	January 2003	Senior MR, Eli Lilly Japan K.K.
	June 2005	Brand Manager, New Product Planning, Novartis Pharma K.K.
	January 2009	Group Manager, Equa Marketing Group, Novartis Pharma K.K.
	April 2011	Brand Leader, Gardasil Marketing Group, MSD K.K.
	April 2013	Director, Japan Automatic Machine Co., Ltd. (present)

(Reference) Renesas Members of the Board and Corporate Auditors as of March 31, 2021
Position	Name
Representative Director, President and CEO	Hidetoshi Shibata
Outside Director	Tetsuro Toyoda
Outside Director	Jiro Iwasaki
Outside Director	Selena Loh LaCroix?
Outside Director	Arunjai Mittal
Outside Director	Noboru Yamamoto
Corporate Auditor (full-time)	Kazuki Fukuda
Outside Corporate Auditor	Kazuyoshi Yamazaki
Outside Corporate Auditor	Takeshi Sekine
Outside Corporate Auditor	Tomoko Mizuno

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, and YouTube.

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Contacts

Japan
Kyoko Okamoto

Renesas Electronics Corporation

+ 81-3-6773-3001

kyoko.okamoto.sx@renesas.com