Partially Amended Articles of Incorporation Announcement｜June 2026

Overview of the Amendment to the Articles of Incorporation

Toyota Motor Corporation plans to carry out a partial amendment to its Articles of Incorporation at the Annual General Meeting of Shareholders in June 2026, including a share consolidation and the abolition of the auditors' office due to delisting. The share consolidation is scheduled for June 1, 2026, and the subsequent amendment to the Articles of Incorporation is expected to be approved at the extraordinary general meeting held on the same date. This aims to establish a system that allows for flexible management as a private company. The changes include the abolition of the audit and supervisory committee and revisions related to the distribution of surplus funds.

Schedule and Impact Moving Forward

The share consolidation will be conducted on June 1, 2026, with the effectiveness date serving as a condition for the partial amendment to the Articles of Incorporation. This will facilitate the necessary procedures for delisting, as well as the abolition of the audit and supervisory committee and the rebuilding of the Articles of Incorporation. No direct distribution of shares or funds to shareholders is planned; the primary goal is to review and streamline corporate governance and operational efficiency.