Notice Concerning Members of Three Committees to be Established with Transition to a Company with Three Committees
May 21, 2021
TOKYO, Japan, May 21, 2021 --- Honda Motor Co., Ltd. (the “Company”) hereby announces the members of the three committees (nominating committee, audit committee and compensation committee) who are scheduled to be approved at a meeting of the Board of Directors to be held June 23, 2021. In February 2021, the Company announced its plan to further strengthen the supervisory functions of management by transitioning to a company with three committees.
With the three committees (nominating committee, audit committee and compensation committee), the Company will continue increasing the transparency of the process of nominating candidates for Directors, enhancing management audits and strengthening the transparency and objectivity of the process related to decisions on the compensation of Directors and Executive Officers.
■ Members of Three Committees
*Titles in parentheses will become official with the resolution of the Ordinary General Meeting of Shareholders scheduled to be held June 23, 2021.
| Nominating Committee | Audit Committee | Compensation Committee | |
| Chairperson | Fumiya Kokubu (Outside Director) |
Yoichiro Ogawa (Outside Director) |
Kazuhiro Higashi (Outside Director) |
| Members | Toshihiro Mibe (Director, President and Representative Executive Officer) |
Asako Suzuki (Director) |
Seiji Kuraishi (Director, Executive Vice President and Representative Executive Officer) |
| Kunihiko Sakai (Outside Director) |
Masafumi Suzuki (Director) |
Fumiya Kokubu (Outside Director) |
|
| Kazuhiro Higashi (Outside Director) |
Kunihiko Sakai (Outside Director) |
Yoichiro Ogawa (Outside Director) |
|
| Ryoko Nagata (Outside Director) |