Mar. 24, 2021

TMC Announces Changes to Executive Structure

News Release Organizational and Personnel Information

Toyota City, Japan, March 24, 2021―Toyota Motor Corporation (TMC) announced today that it plans to implement changes to the executive structure as described below, effective on the day of TMC's 117th Ordinary General Shareholders' Meeting.

The formal appointment of board members and audit and supervisory board members will be formalized after approval at the 117th Ordinary General Shareholders' Meeting. There are no scheduled changes to the audit and supervisory board members. The formal assignment of board members with specific titles, and the appointment of board members with the legal status to represent TMC (representative directors), will be made at the board of directors meeting following the 117th Ordinary General Shareholders' Meeting. The resignation of board members leaving their current posts will become official on the day of the 117th Ordinary General Shareholders' Meeting.

New Member of the Board of Directors

Name		Current	New
	Kenta Kon	Operating Officer	Member of the Board of Directors Operating Officer

Members of the Board of Directors Resigning Posts

Name		Current Title
	Shigeki Terashi	Member of the Board of Directors Executive Fellow^*1

*1	Continuing as an Executive Fellow

For referenceMembers of the Board of Directors and Members (candidates) of the Audit and Supervisory Board following the 117th Ordinary General Shareholders' Meeting

Members of the Board of Directors

* Newly appointed

Name		Title
	Takeshi Uchiyamada	Chairman of the Board of Directors (Representative Director)
	Shigeru Hayakawa	Vice Chairman of the Board of Directors (Representative Director)
	Akio Toyoda^*2	President, Member of the Board of Directors (Representative Director)
	Koji Kobayashi^*3	Member of the Board of Directors (Representative Director)
	James Kuffner^*3	Member of the Board of Directors
*	Kenta Kon^*3	Member of the Board of Directors
	Ikuro Sugawara^*4	Member of the Board of Directors
	Sir Philip Craven^*4	Member of the Board of Directors
	Teiko Kudo^*4	Member of the Board of Directors

*2	Concurrent operating officer (president)
*3	Concurrent operating officer
*4	External board member

Audit and Supervisory Board members

Name		Title
	Haruhiko Kato	Audit and Supervisory Board Member (full-time)
	Masahide Yasuda	Audit and Supervisory Board Member (full-time)
	Katsuyuki Ogura	Audit and Supervisory Board Member (full-time)
	Yoko Wake	Audit and Supervisory Board Member
	Hiroshi Ozu	Audit and Supervisory Board Member
	Nobuyuki Hirano	Audit and Supervisory Board Member

Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.