Organizational Reforms/Change in Duties of Executive Officer and Personnel Changes

Press Release

Corporate

Isuzu Motors Limited (headquartered in Yokohama, Kanagawa; President and COO: Shinsuke Minami) announces the following organizational reforms, change of duties of an executive officer, and personnel changes effective October 1.

Notice

【Organizational Reforms】

1The CN (Carbon Neutral) Business Planning Dept. will be newly established within the Carbon Neutral Strategy Division, aiming to accelerate the development of a new business model for a Carbon Neutral era with a forward-looking view to the entire value chain.
2The HR Solutions Dept. will be newly established within the Administration Division as a function to identify issues related to human capital management in each division and support the resolution of such issues.

The number of departments will be increased by 2 from 116 to 118 as a result of the reorganization.

【Change in Duties of Executive Officer】

New position	Previous position	Name
Group CRMO SVP, Legal Dept. and Risk Management Dept.	Group CRMO SVP, Corporate Strategy Division SVP, Legal Dept. and Risk Management Dept.	Kenichi Asahara

【Changes of Personnel】

・VP (Vice President) level

New position	Previous position	Name
VP, Corporate Strategy Division General Manager, Corporate Business Planning Dept.	General Manager, Corporate Business Planning Dept.	Junichi Kubo
VP, Corporate Planning & Finance Division General Manager, Financial Management Dept.	Isuzu Motors Asia Ltd.	Masayasu Hideshima
VP, Carbon Neutral Strategy Division General Manager, CN Business Planning Dept.	VP, Industrial Solutions & Powertrain Business Division	Haruki Hamada