Press Release

March 24, 2021

Notice of Cancellation of Treasury Stock
(Cancellation of Treasury Stock pursuant to Article 178 of the Companies Act)

Isuzu Motors Limited (headquartered in Shinagawa, Tokyo; Masanori Katayama, President and Representative Director), at the Board of Directors meeting held today, has resolved to cancel treasury stock pursuant to Article 178 of the Companies Act of Japan, as described below:

1. Class of stock to be cancelled: Common stock of Isuzu Motors Limited
2. Number of shares to be cancelled: 70,980,600 shares
(8.37% of the total issued shares before cancellation)
3. Scheduled date of cancellation: March 31, 2021
4. Total number of issued shares after cancellaiton: 777,442,069 shares