Japan Asia Group Board of Directors

Tetsuo Yamashita

Chairman and CEO

May. 2001 -   Representative Director, Japan Asia Holdings (Japan) Limited

Oct. 2007       -           Chairman, Kokusai Kogyo Holdings Co., Ltd. Director, the Company

Jun. 2008     -           Chairman and CEO, the Company

Jun. 2009      -           Chairman and CEO, Japan Asia Holdings (Japan) Limited

Aug. 2011       -           CEO, Japan Asia Holdings (Japan) Limited

Feb. 2012       -           Chairman, the Company

Jun. 2012      -           Chairman and Representative Director, Kokusai Kogyo Holdings Co., Ltd.

May 2013       -           Chairman and CEO, the Company (present)

Sandra Wu, Wen-Hsiu

Director

Aug. 2001      -           Representative Director, Marukin Securities Co., Ltd. (currently Japan Asia Securities Co., Ltd.)

Representative Director, Japan Asia Holdings (Japan) Limited

Jun. 2008     -           Director, Kokusai Kogyo Holdings Co., Ltd.

Feb. 2009      -           President and Chief Executive Officer, the Company

Jun. 2009      -           Director, the Company President and Chief Executive Officer, Kokusai Kogyo Holdings Co., Ltd.

Jan. 2012       -           Director, Japan Asia Holdings (Japan) Limited

Feb. 2012       -           President and Chief Executive Officer, the Company

May. 2013      Chairperson and CEO, Kokusai Kogyo Co., Ltd. (present)

Director, the Company (present)

Kazunobu Watanabe

Director

Jan. 2007-     Entered Kokusai Kogyo Co., Ltd. Manager in charge of business planning, Business Promotion Division, Kokusai Kogyo Co., Ltd.

Oct. 2007       -           Head of Planning Group, Corporate Planning Division, Kokusai Kogyo Holdings Co., Ltd.

Jun. 2008     -           Manager of Planning Department, Management Division, Kokusai Kogyo Holdings Co., Ltd.

Feb. 2009-    General Manager of Planning Division, Kokusai Kogyo Holdings Co., Ltd.

Jun. 2009-    Director and General Manager of Planning Division, Kokusai Kogyo Holdings Co., Ltd.

Feb. 2012       -           Director and General Manager of Corporate Planning Department, the Company

Apr. 2013       -           Director, the Company (present)

Sep. 2016       -           Director, Kokusai Kogyo Co., Ltd. (present)

Oct. 2016       -           Managing Director, Kokusai Kogyo Co., Ltd. (present)

Koichi Yonemura

Director

Oct. 2007       -           Manager of Financial Affairs Department, Management Division, Kokusai Kogyo Holdings Co., Ltd.

Jun. 2008     -           Director and Manager of Financial Affairs Department, Management Division, Kokusai Kogyo Holdings Co., Ltd.

Feb. 2009      -           Director, General Manager of Administration Division and Manager of Financial Affairs Department in charge of risk management, Kokusai Kogyo Holdings Co., Ltd.

Apr. 2010-     Director and General Manager of Administration Division in charge of risk management, Kokusai Kogyo Holdings Co., Ltd.

Feb. 2012       -           Director and General Manager of Operation, the Company

Apr. 2013       -           Director, the Company (present)

Yoshiaki Kiyomi

Director

Apr. 1986       -           Joined The Mitsubishi Bank, Ltd.(currently The Bank of Tokyo-Mitsubishi UFJ, Ltd.)

Apr. 2001       -           Joined American International Group K.K.

Mar. 2002     -           Joined The Manufacturers Life Insurance Company

Mar. 2005-    Joined Japan Asia Holdings (Japan) Limited

Apr. 2008      -           Director, the Company

Mar. 2013      -           Representative Director, Japan Asia FAS Limited (present)

Jun. 2015       -           Director, the Company (present)