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Notice Regarding Informal Approval of Directors
May. 27, 2016
Japan Credit Rating Agency, Ltd. (JCR) announced that, at the meeting of the Board of Directors held on May 27, 2016, it informally appointed the following 3 new directors in addition to the reelection of the current 3 directors.

The matter will be officially ratified through approval at the 31st Ordinary General Meeting of Shareholders to be held on June 17, 2016.

New Name
Director Haruki Iinuma

New Name
Director Shigeo Kusuoka

New Name
Director Kiichiro Masui

Note: Mr. Haruki Iinuma, Mr. Shigeo Kusuoka and Mr. Kiichiro Masui are informally determined outside directors.

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