Hino Motors, Ltd. ("Hino") continues to take our Japanese engine certification misconduct issue very seriously, summarized our measures for preventing the recurrence of such misconduct as a "Recurrence Prevention Report in Response to the Correction Order regarding Type-approval Violation," (First Report has been submitted at January 13, 2023) submitted it to the Ministry of Land, Infrastructure, Transport and Tourism ("MLIT"), and has been actively pursuing the measures set fifth therein.

　In response to the corrective order from MLIT, regarding the progress of our drastic recurrence prevention measures, including the "three reforms" for revitalizing our company, as of the end of December 2023, Hino has submitted the fifth quarterly report to MLIT today, following the fourth report on November 14, 2023.
　During this quarter, we have reviewed the current organization, and while continuing with the general framework, we have been working to establish a new structure in this year February targeting further deepened matrix organizational structure. Moreover, we have implemented risk assessments in all departments in addition to our current measures to strengthen company-wide risk management and initiated regular risk monitoring during management meetings, which include business risks.

　We are committed to preventing the recurrence of engine certification-related misconduct that caused significant inconvenience to all stakeholders, including customers through the implementation of these reforms. Management will continue take the initiative to effectuate the measures set forth in the Recurrence Prevention Report to prevent such recurrence.

　

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