Information on Honda Motor Co., Ltd. is as follows;

Since its founding in 1948, Honda Motor Co., Ltd. (“Honda”) has continuously worked to provide value to help people and create a better society through our technologies, ideas and designs. The starting point of such efforts is our desire to “help people and society” and “expand the potential of people’s lives.”

In light of changes happening to our society, we believe that working in pursuit of the “elimination of our environmental impact” and “realization of safety protecting precious human lives” are values Honda should provide in the future. Based on this belief, we will work comprehensively to address these challenges in the areas of the environment and safety.

Honda has developed this Sustainable Finance Framework (the “Framework”) to raise funds for addressing these challenges through issuing bonds.

Honda has obtained a second party opinion from Vigeo Eiris, which is now part of Moody’s ESG Solutions, that the Framework is aligned with the Green Bond Principles 2021 (the “GBP”), the Social Bond Principles 2021 (the “SBP”), and the Sustainability Bond Guidelines 2021 (the “SBG”) as administered by the International Capital Market Association (“ICMA”).

　As of Mar 31, 2025

　As of Mar 31, 2025

As of Mar 31, 2024

For details, Please refer credit rating agencies' Websites.

The above ratings are based on information provided by Honda and other information deemed credible by the rating agencies. They are also based on the agencies' assessment of credit risk associated with designated securities issued by Honda. Each rating agency uses different standards for calculating Honda's credit rating, and also makes its own assessments. Ratings can be revised or nullified by agencies at any time. These ratings are not meant to serve as a recommendation for trading in or holding debt.