Yamaha Motor: Announcement of Personnel Changes in the Office of Executive Officers

December 24，2019

IWATA, December 24，2019—Yamaha Motor Co., Ltd. (Tokyo: 7272) hereby announces that, at the Board of Directors meeting held on Tuesday, December 24, 2019, the Company has determined the following executive and executive officer movements.
The appointments of these executives and executive officers will be formally decided at the Ordinary General Meeting of Shareholders scheduled to be held in late March 2020, and the subsequent Board of Directors meeting.

Director Appointment Movements (Late March 2020)

1． Candidates for New Directors

Tetsuji Ohashi (External)

2． Scheduled Outgoing Directors

Genichi Tamatsuka (External)

Executive Officer Appointments Movement (Late March 2020)

3． Executive Officer Position Changes

Eric de Seynes	Senior Executive Officer (Currently: Executive Officer, and President of Yamaha Motor Europe N.V.)
Minoru Morimoto	Senior Executive Officer (Currently: Executive Officer, and President of Yamaha Indonesia Motor Manufacturing)

4． Candidates for New Appointments of Executive Officers

Kotaro Ueda	Current: Senior General Manager of Production Engineering Section, Manufacturing and Production Engineering Center * Deputy Chief General Manager of Manufacturing and Production Engineering Center, and Senior General Manager of Manufacturing Section, Manufacturing and Production Engineering Center, Effective from January 1, 2020
Eishin Chihana	Current: Executive Chief General Manager of 1st Business Unit, Motorcycle Business Operations *Senior General Manager of 3S Advanced Countries Section, Motorcycle Business Operations, Effective from January 1, 2020

5． Scheduled Outgoing Executive Officer

Hiroaki Fujita	Current: Senior Executive Officer, and Chief General Manager of Advanced Technology Center

Deputy Executive Officer Movements （Late March 2020)

6． Deputy Executive Officer Candidates

Ben Speciale	Current: Senior Vice President of Yamaha Motor Corporation, U.S.A., and President of US Marine Business Unit
Jeffrey Young	Current: President of Yamaha Motor Finance Corporation, U.S.A.
Michael Chrzanowski	Current: President of Yamaha Motor Manufacturing Corporation of America

Fellow Movements (Effective from April 1, 2020)

7． Fellow Candidates

Junichi Inami	Current: Senior General Manager of EM Development Section, Mobility Technology Center, and General Manager of EM Engineering Planning Division, EM Development Section, Mobility Technology Center *Senior General Manager of EM Technology Section, Mobility Technology Center and General Manager of EM Strategy Division, EM Technology Section, Mobility Technology Center, Effective from January 1, 2020

(Abbreviation of division name)
- EM = Electric Mobility


Main businesses of the group companies referenced above;
- Yamaha Motor Europe N.V.; Number of employees and Financial Result is YME consolidated figure. (Including YME's Branches and Subsidiaries)
- PT. Yamaha Indonesia Motor Manufacturing; Sales/Manufacturing of Yamaha Products
- Yamaha Motor Corporation, U.S.A.; Imports/Sales of Yamaha Products
- Yamaha Motor Finance Corporation, U.S.A.; Provide Dealer Finance and Retail Finance
- Yamaha Motor Manufacturing Corporation of America; Development/Manufacturing of GC, WV and ATV