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Takeda Announces New Assignments of Directors

June 29, 2022

OSAKA, Japan, June 29, 2022 – Takeda (TSE:4502/NYSE:TAK) has announced new assignments of Directors, determined at the Board of Directors meeting, following the 146th Ordinary Meeting of Shareholders, held in Osaka today.

Takeda highly values strong, independent governance and its Board of Directors helps to ensure that all decisions and actions are in the best interests of global stakeholders and aligned with its values. Having 11 Board members serving as External Directors helps instill transparency and objectivity in the representation of those stakeholders. Takeda’s Board of Directors determines that the Chair of the Board Meeting be an independent director and Takeda’s governance model requires that all committees, not only the Audit and Supervisory Committee but also the Compensation Committee and the Nomination Committee, are independent and led by an external director. This robust corporate governance model has been, and will continue to be, critical to Takeda's success.

 

Details of the new assignments are as follows:

 

  1. New Assignment of Directors Who Are Not Audit and Supervisory Committee Members

(Effective June 29, 2022)

Name

Category

Role

Christophe Weber

Internal

Existing

Representative Director,

President & Chief Executive Officer

Masato Iwasaki

Internal

Existing

Representative Director, Japan General Affairs

Andrew Plump

Internal

Existing

Director, President, Research & Development

Constantine Saroukos

Internal

Existing

Director, Chief Financial Officer

Masami Iijima

External

New

External Director, Chair of the Board Meeting

Olivier Bohuon

External

Existing

External Director

Jean-Luc Butel

External

Existing

External Director

Ian Clark

External

Existing

External Director

Steven Gillis

External

Existing

External Director

John Maraganore

External

New

External Director

Michel Orsinger

External

New

External Director

 

  1. New Assignment of Directors Who Are Audit and Supervisory Committee Members

(Effective June 29, 2022)

Name

Category

Role

Koji Hatsukawa

External

Existing

External Director, Head of Audit and Supervisory Committee

Yoshiaki Fujimori

External

New

External Director, Audit and Supervisory Committee Member

Emiko Higashi

External

Existing

External Director, Audit and Supervisory Committee Member

Kimberly A. Reed

External

New

External Director, Audit and Supervisory Committee Member

 

  1. New Assignment of Compensation Committee and Nomination Committee Members
    (Effective June 29, 2022)

    Compensation committee:
    Emiko Higashi (Chairperson), Olivier Bohuon, Ian Clark, and Michel Orsinger

    Nomination committee:
    Masami Iijima (Chairperson), Jean-Luc Butel, Steven Gillis, Michel Orsinger, and Yoshiaki Fujimori
    (Observer: Christophe Weber)

 

About Takeda

Takeda is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to discover and deliver life-transforming treatments, guided by our commitment to patients, our people and the planet. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Genetics and Hematology, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people’s lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries and regions. For more information, visit https://www.takeda.com.

 

Media Contacts

Japanese Media
Jun Saito
Jun.saito@takeda.com
+81 (0) 3-3278-2325

U.S. and International Media
Megan Ostrower
Megan.ostrower@takeda.com
+1 772-559-4924

 

Important Notice

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The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

 

Forward-Looking Statements

This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could” “anticipates”, “estimates”, “projects” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations, including global health care reforms; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic, on Takeda and its customers and suppliers, including foreign governments in countries in which Takeda operates, or on other facets of its business; the timing and impact of post-merger integration efforts with acquired companies; the ability to divest assets that are not core to Takeda’s operations and the timing of any such divestment(s); and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.