Notice Concerning Changes in Representative Executive Officers, Directors and Officers

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 2023, and that its Board of Directors today decided on personnel changes in its Representative Executive Officers, Executive Officers and Operating Officers to become effective as of April 1, 2023.

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 2023 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, 2023>
Persons to be or to retire Representative Executive Officers

Name

Current Title

New Title

Kohei Takeuchi

Director,
Executive Vice President and
Representative Executive Officer

Director

Shinji Aoyama

Director,
Senior Managing Executive Officer

Director,
Executive Vice President and
Representative Executive Officer

Reason for personnel change:
To further accelerate our transformation into a company that can achieve new growth and new value creation under the new management structure.

2. Planned Personnel Changes in Directors

<As of the date of the Ordinary General Meeting of Shareholders to be held in June 2023>
Candidate for Director to be newly appointed

Name

Current Title

New Title

Noriya Kaihara

Managing Officer

Director,
Senior Managing Executive Officer

Noriya Kaihara is scheduled to be promoted from Managing Officer to Senior Managing Executive Officer as of April 1, 2023.

Director to retire

Name

Current Title

Kohei Takeuchi

Director,
Executive Vice President and Representative Executive Officer

3. Planned Personnel Changes in Executive Officers

<As of April 1, 2023>
Executive Officers to be newly appointed

Name

Current Title

New Title

Noriya Kaihara

Managing Officer

Senior Managing Executive Officer

Katsushi Inoue

Managing Officer

Senior Managing Executive Officer

Mitsugu Matsukawa

Managing Officer

Managing Executive Officer

Masayuki Igarashi

Managing Officer

Managing Executive Officer

Kensuke Oe

Managing Officer

Managing Executive Officer

Taro Kobayashi

Operating Executive

Managing Executive Officer

Manabu Ozawa

Operating Executive

Managing Executive Officer

Hironao Ito

Operating Executive

Managing Executive Officer

Eiji Fujimura

Operating Executive

Executive Officer

4. Planned Personnel Changes in Operating Officers

<As of April 1, 2023>
Operating Officers to retire

Name

Current Title

Hisao Takahashi

Senior Managing Officer

Yoshishige Nomura

Managing Officer

<For Reference>

Compositions of Directors and Officers as of April 1, 2023 and as of the date of the Ordinary General Meeting of Shareholders to be held in June 2023

Name

As of April 1, 2023

As of the date of the Ordinary
General Meeting of Shareholders

Seiji Kuraishi

Chairman and Director

Chairman and Director

Toshihiro Mibe

Director,
President and
Representative Executive Officer

Director,
President and
Representative Executive Officer

Shinji Aoyama

Director,
Executive Vice President and
Representative Executive Officer*1

Director,
Executive Vice President and
Representative Executive Officer

Noriya Kaihara

Senior Managing Executive Officer*2

Director,
Senior Managing Executive Officer*2

Kohei Takeuchi

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

Katsushi Inoue

Senior Managing Executive
Officer*2

Senior Managing Executive
Officer

Mitsugu Matsukawa

Managing Executive Officer*2

Managing Executive Officer

Noriaki Abe

Managing Executive Officer

Managing Executive Officer

Keiji Ohtsu

Managing Executive Officer

Managing Executive Officer

Masayuki Igarashi

Managing Executive Officer*2

Managing Executive Officer

Kensuke Oe

Managing Executive Officer*2

Managing Executive Officer

Taro Kobayashi

Managing Executive Officer*2

Managing Executive Officer

Manabu Ozawa

Managing Executive Officer*2

Managing Executive Officer

Hironao Ito

Managing Executive Officer*2

Managing Executive Officer

Eiji Fujimura

Executive Officer*2

Executive Officer

*1 To be promoted
*2 To be newly appointed
*3 Outside Directors