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Announcement of Personnel Changes in the Office of Directors and Executive Officers

December 24, 2015

IWATA, December 24, 2015 - Yamaha Motor Co., Ltd (Tokyo: 7272) announced the following personnel changes affecting Executive Officers approved at the Board of Directors Meeting, December 23, 2015. These changes will be effective following official approval at the Board of Directors Meeting to be held immediately after the Ordinary General Meeting of Shareholders scheduled for the end of March, 2016.

Changes Affecting Executive Officers

1.Changes in positions of Executive Officers
Katsuaki
Watanabe
Managing Executive Officer (current Senior Executive Officer,
Chief General Manager of Motorcycle Business Operations)
Toshizumi Kato Managing Executive Officer (current Senior Executive Officer,
Chief General Manager of Vehicle & Solution Business Operations)
2.New Executive Officers candidates
Minoru Morimoto current Vice President of PT. Yamaha Indonesia Motor Manufacturing
* scheduled to be President of PT. Yamaha Indonesia Motor Manufacturing (January 1, 2016)
Yasuo Tanaka current Senior General Manager of Quality Assurance Section, Motorcycle Business Operations
* scheduled to be Senior General Manager of After Sales Section, CS Center (January 1, 2016)
Motofumi Shitara current Executive General Manager of Marine Engine Business Unit, Marine Business Operations
Eric de Seynes current COO of Yamaha Motor Europe N.V.
Dyonisius Beti current Vice President of PT. Yamaha Indonesia Motor Manufacturing
* scheduled to be COO of PT. Yamaha Indonesia Motor Manufacturing (January 1, 2016)
3.Resignations of Executive Officers
Masato Adachi current Executive Officer, Deputy Chief General Manager of Marine Business Operations
Tsuneji Suzuki current Executive Officer,
President and Representative Director of Yamaha Motor Powered Products Co., Ltd.

Abbreviations;
・CS: Customer Service


Main businesses of the group companies referenced above;
・PT. Yamaha Indonesia Motor Manufacturing: Manufacture and sales of motorcycles in Indonesia
・Yamaha Motor Europe N.V.: Import and sales of Yamaha Motor products, marketing of Yamaha Motor products in Europe, product development, finance and other businesses, located in the Netherlands
・Yamaha Motor Powered Products Co., Ltd.: Manufacture of power products (including golf cars) and other products in Japan

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