Notice Concerning Changes in Representative Executive Officers, Directors and Officers

February 18, 2022

Corporate

Honda Motor Co., Ltd. (the "Company") hereby announces that its Nominating Committee today made an internal decision on the following personnel changes in its Directors to become effective as of the date of the Ordinary General Meeting of Shareholders of the Company scheduled to be held in June 2022, and that its Board of Directors today decided on personnel changes in its Representative Executive Officers, Directors, Executive Officers and Operating Officers to become effective as of April 1, 2022.

The personnel changes in Directors to become effective as of the date of the Ordinary General Meeting of Shareholders scheduled to be held in June 2022 shall be formally determined at that Ordinary General Meeting of Shareholders, and the personnel changes in Executive Officers to become effective as of such date shall be formally determined at a meeting of the Board of Directors scheduled to be held on that same day.

Particulars

1. Planned Personnel Changes in Representative Executive Officers

<As of April 1, 2022>
Persons to be or to retire Representative Executive Officers

Name

Current Title

New Title

Seiji Kuraishi

Director,

Executive Vice President and
Representative Executive Officer

Chairman and Director

Kohei Takeuchi

Director,

Senior Managing Executive Officer

Director,

Executive Vice President and
Representative Executive Officer

Reason for personnel change:
In order to promote company transformations that enable further growth and value creation under a new management team going forward.

2. Planned Personnel Changes in Executive Officers

<As of April 1, 2022>

Name

Current Title

New Title

Toshiaki Mikoshiba

Chairman and Director

Director

<As of the date of the Ordinary General Meeting of Shareholders to be held in June 2022>
Candidate for Director to be newly appointed

Name

Current Title

New Title

Shinji Aoyama

Managing Executive Officer

Director,

Senior Managing Executive Officer

Shinji Aoyama is scheduled to be promoted from Managing Executive Officer to Senior Managing Executive Officer as of April 1, 2022.

Director to retire

Name

Current Title

Toshiaki Mikoshiba

Chairman and Director

3. Planned Personnel Changes in Executive Officers

<As of April 1, 2022>
Executive Officers to be promoted

Name

Current Title

New Title

Shinji Aoyama

Managing Executive Officer

Senior Managing Executive Officer

Yasuhide Mizuno

Managing Executive Officer

Senior Managing Executive Officer

4. Planned Personnel Changes in Operating Officers

<As of April 1, 2022>
Operating Officer to be promoted

Name

Current Title

New Title

Hisao Takahashi

Managing Officer

Senior Managing Officer

Operating Officers to be newly appointed

Name

Current Title

New Title

Masayuki Igarashi

Operating Executive

Managing Officer
Kensuke Oe

Operating Executive

Managing Officer

Operating Officer to retire

Name

Current Title

Michimasa Fujino

Managing Officer

<For Reference>

Compositions of Directors and Officers as of April 1, 2022 and as of the date of the Ordinary General Meeting of Shareholders to be held in June 2022

Name

As of April 1, 2022

As of the date of the Ordinary General Meeting of Shareholders

Seiji Kuraishi

Chairman and Director*1

Chairman and Director
Toshihiro Mibe
Director,
President and Representative
Executive Officer
Director,
President and Representative
Executive Officer
Kohei Takeuchi
Director,
Executive Vice President and
Representative Executive Officer*1
Director,
Executive Vice President and
Representative Executive Officer
Shinji Aoyama
Senior Managing Executive Officer*1
Director,
Senior Managing Executive Officer*2
Toshiaki Mikoshiba
Director

Asako Suzuki
Director
Director

Masafumi Suzuki

Director

Director

Kunihiko Sakai

Director*3

Director*3

Fumiya Kokubu

Director*3

Director*3

Yoichiro Ogawa

Director*3

Director*3

Kazuhiro Higashi

Director*3

Director*3

Ryoko Nagata

Director*3

Director*3

Yasuhide Mizuno

Senior Managing Executive
Officer*1
Senior Managing Executive
Officer

Noriaki Abe

Managing Executive Officer

Managing Executive Officer

Keiji Ohtsu

Managing Executive Officer

Managing Executive Officer

Hisao Takahashi

Senior Managing Officer*1

Senior Managing Officer

Noriya Kaihara

Managing Officer

Managing Officer

Mitsugu Matsukawa

Managing Officer

Managing Officer

Katsushi Inoue

Managing Officer

Managing Officer

Yoshishige Nomura

Managing Officer

Managing Officer

Masayuki Igarashi

Managing Officer*2

Managing Officer

Kensuke Oe

Managing Officer*2

Managing Officer

*1 To be promoted
*2 To be newly appointed

*3 Outside Directors