Notice Regarding Changes in Representative Directors

Details of the Change in Representative Directors

At the Board of Directors meeting held on April 17, 2026, Mitsubishi Corporation resolved to implement changes in representative directors effective June 19, 2026. Current representative director Yuzo Nonai will resign, and Shigero Baba and Yoshihiro Shimazu are scheduled to become new representative directors. Mr. Baba is Managing Executive Officer responsible for Corporate Affairs (Human Resources and Regional Affairs) and General Manager of the Global Headquarters, while Mr. Shimazu is Managing Executive Officer responsible for Corporate Affairs (CFO). This change is part of a review of the board structure and will be formally decided at the annual shareholders meeting on June 19 and the subsequent board meeting.

Profiles of Newly Appointed Representative Directors

Shigero Baba, born in 1967, graduated from the University of Tokyo Faculty of Engineering and joined the company in 1990. His diverse experience includes LNG business, carbon projects, working at Mitsubishi Corporation in the U.S., heading the natural gas division and Metal One business division. He is scheduled to be promoted to Managing Executive Officer and appointed representative director in April 2026. Yoshihiro Shimazu, born in 1968, graduated from Keio University Faculty of Law and joined the company in 1991. His career includes positions in the Accounting Department, Corporate Planning Department, a secondment to Mitsubishi Motors Corporation, Controller Office, and Manager of the Lifestyle Industry Group. He will also be promoted to Managing Executive Officer and appointed representative director in April 2026.