Notice Concerning Management Changes

Honda Trading Corporation (the “Company”) hereby announced that the Ordinary General Meeting of Shareholders and the Board of Directors meeting held on June 23, 2022, has decided on changes in its Composition of Directors and Operating Officers on the same day.

Planned Changes in composition of Dirctors (as of June 23, 2022)

1)Dirctors to be newly appointed

2) Directors and Operating Officers to retire

For Reference: Composition of Directors and Operating Officers (as of June 23, 2022)

*Director(part-time)
**External Audit & Supervisory Board Member