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News Release

Notice Regarding Personnel Change of Representative Director

January 30, 2023

TOKYO, January 30, 2023 – Ricoh Company, Ltd. (“Ricoh”) announces a personnel change of Representative Director, President and Chief Executive Officer, as approved at a meeting of the Board of Directors held today, January 30, 2023.

1. Reason for the change

This change aims to further increase Ricoh’s corporate value and achieve sustainable growth by strengthening and improving the Ricoh Group’s management structure.

2. Content of change

Name New Current
Yoshinori Yamashita Representative Director
Chairperson
Representative Director
President and Chief Executive Officer
Akira Oyama Representative Director
President and Chief Executive Officer
Director
Executive Corporate Officer
President of RICOH Digital Services Business Unit

3. Profile of Representative Director, President and Chief Executive Officer

See attachment

4. Effective date

April 1, 2023

(Attachment)
Profile of Representative Director, President and Chief Executive Officer

Name
Akira Oyama
Date of Birth
January 1961
Place of Birth
Yamagata, Japan
Education
Graduated from Waseda University, School of Political Science and Economics
Career
July 1986
Joined the Company
April 2011
President and COO of Ricoh Europe Plc
August 2012
Group Executive Officer
General Manager of Europe Marketing Group CEO of Ricoh Europe Plc
Chairperson of Ricoh Europe B.V.
April 2014
Corporate Senior Vice President
General Manager of Corporate Division
April 2015
President of Ricoh Americas Holdings, Inc.
June 2015
Director
September 2015
General Manager of New Business Development Division
June 2016
Corporate Executive Vice President
April 2017
CFO (Chief Financial Officer)
General Manager of CEO Office
April 2018
General Manager of Sales and Marketing Group
April 2019
CMO (Chief Marketing Officer)
April 2020
General Manager of Workplace Solutions Business Group
April 2021
Executive Corporate Officer (Current)
President of RICOH Digital Services Business Unit (Current)
June 2021
Director (Current)
April 2022
Director and Chairperson of Ricoh Japan Corporation (Current)
Number of shares held
28,300 shares (as of the end of December 2022)

Akira Oyama


| About Ricoh |

Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.

With cultivated knowledge and organizational capabilities nurtured over its 85-year history, Ricoh is a leading provider of digital services, information management, and print and imaging solutions designed to support digital transformation and optimize business performance.

Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2022, Ricoh Group had worldwide sales of 1,758 billion yen (approx. 14.5 billion USD).

For further information, please visit www.ricoh.com

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