NTN Notice of Removal of Managing Executive Officers Accompanied with Flattening Executive Officer System

<p style="text-align: center;"><img title="1625021686652232.jpg" alt="8.jpg" src="/ueditor/php/upload/image/20210630/1625021686652232.jpg"/></p><p class="mb20" style="margin: 0px 0px 20px; padding: 0px; line-height: 1.85em; font-size: 13.2px; font-style: normal; box-sizing: border-box;">NTN Corporation hereby announces that the Company decided to remove the Managing Executive Officers at the Board of Directors held on June 25.</p><h3 class="head2" style="background: url(&quot;../images/head2_bg.gif&quot;) no-repeat left bottom; margin: 0px 0px 12px; padding: 0px 0px 10px; clear: both; font-size: 14.04px; font-weight: bold; box-sizing: border-box;">1. Reason</h3><p style="margin: 0px; padding: 0px; line-height: 1.85em; font-size: 13.2px; font-style: normal; box-sizing: border-box;">Removing the Managing Executive Officers eliminates hierarchical relationship among Executive Officers and makes them into one team. It enables all Executive Officers to activate discussions and respond to various issues quickly toward further enhancement of its corporate value.</p><h3 class="head2" style="background: url(&quot;../images/head2_bg.gif&quot;) no-repeat left bottom; margin: 0px 0px 12px; padding: 0px 0px 10px; clear: both; font-size: 14.04px; font-weight: bold; box-sizing: border-box;">2. Details of Removal of Managing Executive Officers (as of June 25, 2021)</h3><table width="NaN" class="tb-lightblue-sp-type-02 mb20 content-transfer"><thead style="margin: 0px; padding: 0px; box-sizing: border-box;"><tr class="firstRow" style="margin: 0px; padding: 0px; box-sizing: border-box;"><th style="background: rgb(238, 252, 252); margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Name</th><th style="background: rgb(238, 252, 252); margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">New Position</th><th style="background: rgb(238, 252, 252); margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Former Position</th></tr></thead><tbody style="margin: 0px; padding: 0px; box-sizing: border-box;"><tr style="margin: 0px; padding: 0px; box-sizing: border-box;"><td width="11" class="col-name" style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Hideaki Miyazawa</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Representative Executive Officer,<br/>Executive Officer</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Representative Executive Officer,<br/>Senior Managing Executive Officer</td></tr><tr style="margin: 0px; padding: 0px; box-sizing: border-box;"><td width="11" class="col-name" style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Yoshinori Terasaka</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Executive Officer</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Senior Managing Executive Officer</td></tr><tr style="margin: 0px; padding: 0px; box-sizing: border-box;"><td width="11" class="col-name" style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Isao Ozako</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Executive Officer</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Managing Executive Officer</td></tr><tr style="margin: 0px; padding: 0px; box-sizing: border-box;"><td width="11" class="col-name" style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Toshinori Shiratori</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Executive Officer</td><td style="margin: 0px; padding: 0px 0px 0px 5px; border: 1px solid rgb(176, 205, 235); border-image: none; line-height: 2em; font-size: 0.86rem; font-weight: normal; vertical-align: top; box-sizing: border-box;">Managing Executive Officer</td></tr></tbody></table><p><br/></p>