Mazda Motor Corp.TSE: 7261

Organizational and Personnel Changes

· Issued by Mazda Motor Corp.


M AZ D A

jan. 30, 2026

Organizational and Personnel Changes

Mazda Motor Corporation has announced the following organizational and personnel changes, effective April 1, 2026.

  1. Organizational Changes

    1. Corporate Strategy Domain

      Aim

      • Since the establishment of the Business Innovation Office in September 2024, the importance of diversifying future revenue sources has grown significantly. To further enhance the business contribution of new businesses, the Office will be integrated into the Corporate Strategy Division, which is responsible for company's overall management strategy. This integration positions new business innovation as a key component of our medium- to long-term growth strategy, contributing to both revenue growth and corporate value enhancement. By leveraging the internal and external networI‹s of the Corporate Strategy Division, we aim to strengthen our abilities in identifying business opportunities and improving execution.

        Description of changes

      • The Business Innovation Office will be integrated to the Corporate Strategy Division and renamed the Business Innovation Department.

    2. Corporate Planning & Development Domain

      Aim

      • In addition to the company-wide ongoing cost-reduction initiatives, we will establish a structure that enables the planning and promotion of cost-reduction activities from a longer-term perspective, with the aim of strengthening our cost-planning capabilities to achieve both customer value and cost competitiveness.

        Description of changes

      • Reclassify the Cost Planning Innovation Office from a department-level organization to a division-level organization.

    3. R&D Domain

      Aim

      • As the competitive landscape continues to evolve at an unprecedented pace and uncertainty increases across the automotive industry, it is essential for Mazda to accelerate research and product development in ways that can adapt quicI‹Iy to change. We will establish a structure that

        1

        enables timely, flexible, and cross-functional collaboration within R&D, and optimize efforts across the organization to enhance customer value, with an aim to become a brand that customers continue to choose in this new era.

      • Within the Electrification Business Division (e-MAZDA), we have been implementing a new organizational management style that flattens the hierarchy and removes barriers between departments, enabling the necessary members to collaborate quicI‹ly and effectively to solve issues. We will expand these successes across the entire &&D domain and evolve into an organization capable of operating with even greater agility.

      • We will integrate the R&D divisions in a holistic manner and further incorporate e-MAZDA in an expanded and more advanced form. As a result, the R&D organization will shift from the current structure of eight divisions and thirty-three departments to a structure of four divisions and thirty-three departments.

        Description of changes

        1 ) R&D Innovation Div.

        • R&D Strategic Planning Div. will be renamed R&D Innovation Div.

        • Certain functions of e-Mazda and R&D Administration Dept. of R&D Strategic Planning Div. will be transferred and reorganized into R&D Innovation Div.

        • Certain functions of Vehicle Development Div. will be integrated into Development Strategy Planning Dept. and the department will be renamed Development Resources Strategy Planning Dept.

        • R&D Administration Dept. will be renamed R&D Vitality Creation Dept.

        1. KURUMA Development Div.

          • We will establish a new division that consistently oversees the entire process from advanced product planning to mass-production development. To embody our 2030 VISION - "TO BE A CAR-LOVING COMPANY THAT CREATES MOVING EXPERIENCES

            THROUG H THE TOY OF DRIVING"-we will name this organization the ITUKUMA Development Div., reflecting our aspiration to be an organization dedicated to creating "KUPUMA." ("KUKUMA" is the japanese word for "Car".)

          • Within the new division, we will establish Customer Value Creation domain, Product Management domain, Function Management / Model-Based Innovation / AI Innovation domain, Vehicle Development domain, Integrated Control Systems Development domain, Powertrain Development domain, and Electrification Development domain as a structure that is not bound by traditional organizational frameworl‹s.

          • Certain functions of the R&D Strategic Planning Div., along with the functions of Architecture Design Dept., e-MAZDA, Product Development Div., Vehicle Development Div., Integrated Control System Development Div., and Powertrain Development Div. will be integrated and reorganized into the ITUPUMA Development Division. In principle, the departments that belonged to each of the existing divisions will be incorporated into the KURUMA Development Division on a department-by-department basis. This integration will also involve the following renaming, newly established departments, and abolitions.

        Certain functions of e-Mazda will be integrated into Product Development Planning Dept. and the department will be renamed Product Program Planning Promotion Dept.

        Certain functions of Vehicle Development Div. and Vehicle Development Promotion Dept. will be integrated into the newly established Engineering System Development Dept.

        Certain functions of Electronic Platform Development Dept. will be integrated into PT Control System Development Dept. and the department will be renamed Vehicle Dynamics Control System Development Dept.

        Certain functions of e-Mazda and Electric Drive System Development Dept. will be consolidated and integrated into Battery System Development Dept.

        - e-Mazda, Product Development Div., Vehicle Development Div., and its Vehicle Development Promotion Dept., Integrated Control System Development Div., Powertrain Development Div. and its Powertrain Planning Dept. will be abolished.

    4. Value Chain Domain

      Aim

      • To establish a new organization that will oversee the entire value chain (VC) business. This organization will continuously support customers throughout their ownership experience after purchasing new Mazda vehicles and will consistently drive planning, development, and execution of the value chain business. Through this organization, Mazda will create customer experiences suited to the new era, maximize its connection with customers, and accelerate the realization of brand value management and enhancement of corporate value.

        Description of changes

      • Newly establish the Value Chain Acceleration Office (as a division.)

  2. Personnel Changes

  1. Executive Officers and Fellows

    • We will reform our executive structure by clearly separating the roles of "corporate management" and "execution," thereby enabling swift and flexible decision-mal‹ing that optimizes the organization as a whole.

    • The execution frameworI‹ will be reorganized into the following two-tier structure: Corporate Leadership Executive Officer

      As a member of a management team that supports the president, formulates, and promotes company-wide strategies across all departments, this role is responsible for implementing management decisions into workplaces and addressing company-wide and cross-functional issues for optimal solutions. In principle, the role serves as the chief executive officer (CXO) for each functional domain.

      Executive Officer

      In accordance with the company's management policies, this role oversees the execution of

      operations across multiple I‹ey business domains. While maintaining a management-level perspective, Executive Officers operate closer to the frontline, demonstrating strong execution capability and responsiveness as leaders of operational teams.

      When an Executive Officer is assigned responsibility for broader areas, the title "Senior Executive Officer" is to be used.

    • Based on the above, the personnel changes effective April 1, 2026 are as follows.



Representative Director,

EVP and Corporate Leadership Executive Officer, CFO

Assistant to President; Oversight of Corporate Planning & Development, Operations in the Americas and Europe

Representative Director,

Senior Managing Executive Officer

and CFO

Assistant to President; Oversight 0!

Corporate Planning &

Development, Operations in North America and Europe, and Cost Innovation

jeffrey H. Guyton

Director, EVP and Corporate Leadership Executive Officer Assistant to President; Oversight of Monozul‹uri and Quality

Director, Senior Managing Executive

Officer and CSCO Oversight of Monozukuri

Innovation, Supply Chain Innovation and Carbon Neutrality Promotion

Tal‹eshi Mul‹ai

Director, Corporate Leadership

Executive Officer, CCO Oversight of Cost Innovation;

Assistant to the Officer overseeing Monozul‹uri

Director, Senior Managing Executive

Officer

Oversight of Cost Reduction

Yasuhiro Aoyama

Director, Corporate Leadership Executive Officer, CSO Oversight of Strategies

Director, Senior Managing Executive

Officer and CSO

Assistant to the Officer overseeing Carbon Neutrality Promotion

Tal‹eji lkojima

Director, Corporate Leadership Executive Officer, CTO

Oversight of R&D; Assistant to the Officer overseeing Monozul‹uri

Director, Senior Managing Executive

Officer and CTO

Oversight of &&D; Assistant to the Officer overseeing Monozul‹uri Innovation

Ryuichi Umeshita

Corporate Leadership Executive

Officer, CTAO

Assistant to the CFO; Oversight of Financial Services domain; Assistant to the Officer overseeing Cost Innovation

Senior Managing Executive Officer Assistant to the CFO; Oversight of Financial Services; Assistant to the Officer overseeing Cost deduction

Tetsuya Fujimoto

Corporate Leadership Executive

Officer, CRO

Oversight of Compliance and Risl‹ Management, Administrative Domain (Legal & General Affairs, Auditing and Operations in the Greater Tol‹yo Metropolitan Area)

Senior Managing Executive Officer

Oversight of Administrative Domain (Human Resources, Legal & General Affairs, Auditing, Mazda Hospital and Operations in the Greater Tol‹yo Metropolitan Area), Compliance and Risk Management

Makoto Yoshihara

Corporate Leadership Executive

Officer, CSCO

Oversight of Supply Chain Innovation and Carbon Neutrality Promotion

Managing Executive Officer

In charge of Purchasing, Business Logistics and Cost Innovation; General Manager, Production Control & Logistic Div.

Kazuhiko Sumi

Corporate Leadership Executive

Officer, CIO

In charge of Business Innovation, DX and AX

Managing Executive Officer and cio In charge of Business Innovation

Akihiro lkidani

Corporate Leadership Executive

Officer, CH TO

In Charge of Human Resources, Diversity, Safety, Health & Disaster Prevention and Mazda Hospital

Executive Officer and CHKO In charge of Safety, Health &

Disaster Prevention and Mazda Hospital

Tomiko Tal‹euchi

Corporate Leadership Executive

Officer, CVCO

In charge of Corporate Strategy, Product Strategy and Value Chain Business Innovation

Executive Officer

In charge of Corporate Strategy and Product Strategy

Masashi Otsuka

Senior Executive Officer

In charge of Cost Innovation

Managing Executive Officer In charge of Cost deduction

Osamu Kawamura

Senior Executive Officer

President and CEO, Mazda Motor of America, Inc. (Mazda North American Operations)

Managing Executive Officer

President and CEO, Mazda Motor America, Inc. (Mazda North American Operations)

Tom Donnelly

Senior Executive Officer

Global Sales Coordination; In charge of Operations in China and ASEAN

Managing Executive Officer

Global Sales Coordination; In charge of Operations in China and ASEAN

Toru Nal‹ajima

Senior Executive Officer

In charge of Production Engineering, Global Quality, Carbon Neutrality Promotion and Cost Innovation

Managing Executive Officer

In charge of Production Engineering, Global Quality, Carbon Neutrality Promotion and Cost Innovation

Tal‹eto HironaI‹a

Senior Executive Officer

Assistant to the Officer overseeing Cost Innovation; In charge of Corporate Planning & Development and Financial Services

Managing Executive Officer Assistant to the Officer overseeing Cost deduction; In charge of Corporate Planning & Development

Tal‹akazu lshimura