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        Mar. 1, 2022

        Notice Regarding Subsidiary Renaming

        Toray Engineering Co., Ltd. (Head office: Chuo-ku, Tokyo, CEO & COO: Takashi Iwade, hereinafter ?Toray Engineering”) announces that the following subsidiaries will be renamed effective April 1.

        I. Overview of Renamed Subsidiaries

        TEK Korea Co., Ltd.

        New Company Name
        Toray Engineering (Korea) Co., Ltd.
        Date of Change
        April 1, 2022
        Establishment
        1996
        Representative
        CEO An Youngbok
        Location
        Bundang-gu, Seongnam-si, Gyeonggi-do, Korea
        Line of Business
        Import and sales of equipment and materials; design and implementation of plants; design, manufacturing, and sales of equipment; maintenance and preservation services for plants and equipment

        Shanghai TEK Technology & Consulting Co., Ltd.

        New Company Name
        Toray Engineering (Shanghai) Co., Ltd.
        Date of Change
        April 1, 2022
        Establishment
        2002
        Representative
        Chairman Dong Gang
        Location
        Changning District, Shanghai, China
        Line of Business
        Repair, installation, and adjustment of precision machinery and equipment; consultation regarding engineering technology and management; sales of precision machinery, engineering equipment, parts, and software

        II. Reason for Change

        Through the use of company names that clearly indicate that the companies are Toray Group companies, a sense of unity within the Toray Engineering Group will be enhanced, collaboration between companies will be strengthened, and a structure that enables business activities to be conducted more flexibly and smoothly will be established. Through this, the Toray Engineering Group will provide even higher added value to stakeholders and help contribute to society.

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