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