Notice Concerning Changes in Management

We have determined the executive structure effective from April 1, 2025 at the board of directors meeting held on January 31, 2025, and wish to inform you as per following.
In response to the unprecedentedly rapid changes in the business environment and with the aim of establishing a structure that enables more agile execution, all directors, excluding part-time director and auditor, have been appointed as executive officers.

1) Executive Officers to Be Newly Appointed

Name	Current Position	New Position Effective from April 1, 2025
Masanori Kanayama	Honda Motor Co., Ltd.	Operating Officer, Responsible for Equipment & Environment Area

2) Executive Officers to Be Retired

Name	Current Position
Haruhiko Toyonaga	Operating Officer, Responsible for Equipment & Environment, Loigistics Area

3) Executive Officers to Be Promoted

Name	Current Title	New Title Effective from April 1, 2025
Kiyoshi Yoshida	Managing Officer	Senior Managing Officer
Haruo Maeda	Managing Officer	Senior Managing Officer
Hidenori Yuri	Operating Officer	Managing Officer

4) Appointment and Dismissal of Responsibilities

Name	Current Position	New Position Effective from April 1, 2025
Kazunari Tsuruhigashi	Senior Managing Director, Global Business Management/Japan Business Chief Operating Officer Responsible for Sales Promotion Area, Risk Management Officer	Director
Haruo Maeda	Managing Officer, North American Regional Operating Officer & South American Regional Operating Officer & Honda Trading America Corporation President	Senior Managing Officer, Global Business Management/Japan Business Chief Operating Officer Responsible for Sales Promotion Area, Risk Management Officer
Hidenori Yuri	Operating Officer, Responsible for Corporate Transformation, New Business and IT Area Europe Regional Operating Officer	Managing Officer, North American Regional Operating Officer & South American Regional Operating Officer & Honda Trading America Corporation President
Yasuhiko Taniguchi	Managing Director, Responsible for Business Administration Area CFO	Director, Managing Officer, Responsible for Business Administration, Corporate Transformation, New Business and IT Area, CFO
Seiichi Sakai	Operating Officer, Responsible for Parts Area	Operating Officer, Responsible for Parts, Logistics Area

5) Structure of Directors and Officers Effective from April 1, 2025

New/Change	Position	Name	Responsibilities
	Representative Director, President & CEO	Tatsuya Natsume
Change	Director, Managing Officer	Yasuhiko Taniguchi	Responsible for Business Administration, Corporate Transformation, New Business and IT Area, CFO
	Director, Managing Officer	Akihiro Suzuki	Responsible for Administration & Human Resources, Legal & Governance Area, Compliance Officer
Change	Director	Kazunari Tsuruhigashi
	Director (Part-time)	Ayumu Matsuo
Change	Senior Managing Officer	Kiyoshi Yoshida	Chinese Regional Operating Officer & Honda Trading (CHINA) Co., Ltd. President
Change	Senior Managing Officer	Haruo Maeda	Global Business Management/Japan Business Chief Operating Officer Responsible for Sales Promotion Area, Risk Management Officer
Change	Managing officer	Hidenori Yuri	North American Regional Operating Officer & South American Regional Operating Officer & Honda Trading America Corporation President
	Operating Officer	Keisuke Tanaka	Asian Resional Operating Officer & Honda Trading Asia Co., Ltd. President
	Operating Officer	Kazutomi Masaki	Responsible for Resource Circulation Planning, Raw Materials Area
Change	Operating Officer	Seiichi Sakai	Responsible for Parts, Logisitics Area
New	Operating Officer	Masanori Kanayama	Responsible for Equipment & Environment Area
	Audit & Supervisor Board Member	Hideyoshi Takarada
	External Audit & Supervisory Board Member	Koichi Tanaka

News Release