Notification Regarding Company Split with Wholly Owned Subsidiary (Simplified Absorption-Type Company Split / Short-Form Absorption-Type Company Split)

Overview of Organizational Restructuring

Isuzu Motors Limited plans to implement a simplified absorption-type company split (as defined in Article 796, Paragraph 2 of the Companies Act for the Company and Article 784, Paragraph 1 for Isuzu Motors Sales) effective April 1, 2026, with its wholly owned subsidiary Isuzu Motors Sales Limited as the splitting company and the Company as the succeeding company. The subject assets and liabilities include domestic sales company shares and real estate associated with domestic sales locations held by Isuzu Motors Sales Limited, which will be succeeded by the Company. No compensation will be provided, and there will be no change to capital stock. Shareholders' meeting approval is not required.

Purpose and Background of the Restructuring

The purpose of this absorption-type split is to review the ownership and management entities of domestic sales company shares and real estate related to domestic sales locations, clarify the division of roles between domestic sales functions and logistics and inventory management functions for new vehicles, and establish an efficient business operation system. This aims to clarify functional assignments within the Group, improve management efficiency, and optimize the management structure according to business characteristics.

Impact on Shareholders and Investors

This absorption-type company split is a simplified split between wholly owned subsidiaries, involves no compensation or change in capital stock, and does not require shareholder meeting approval. Therefore, it will not affect shareholder composition or capital policy. The impact on consolidated business results is expected to be negligible. If any disclosures arise in the future, prompt notification will be made. For investors, this is recognized as an organizational restructuring contributing to Group business efficiency.