MITSUBISHI ELECTRIC CORPORATIONPUBLIC RELATIONS DIVISION

7-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo, 100-8310 JapanFOR IMMEDIATE RELEASE

No. 3685
Media Inquiries
Public Relations Division
Mitsubishi Electric Corporation
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/

Mitsubishi Electric Announces Director Candidates
TOKYO, March 29, 2024 – Mitsubishi Electric Corporation (TOKYO: 6503) announces that the candidates forDirectors, who will be proposed for election at the Ordinary General Meeting of Shareholders scheduled
for June 2024, were elected at the meeting of the Nomination Committee held on March 29, 2024.
1. Director Candidates (current positions)Tatsuro Kosaka (Director (Senior Advisor, Chugai Pharmaceutical Co., Ltd.))
Hiroyuki Yanagi (Director (Adviser, Yamaha Motor Co., Ltd.))
Masako Egawa (Director (Chancellor, Seikei Gakuen))
Haruka Matsuyama (Director (Attorney-at-law (Partner, Hibiya Park Law Offices)))
Kunihito Minakawa (Financial Services Agency Certified Public Accountants and Auditing Oversight BoardCommissioner) [new candidate]Peter D. Pedersen (Executive Director, NELIS, a corporation engaging in specified non-profit activities)[new candidate]
Kei Uruma (Director, Representative Executive Officer, President & CEO)Kuniaki Masuda (Director, Executive Officer, CFO (In charge of Accounting and Finance))
Satoshi Takeda (Director, Executive Officer, CSO (In charge of Corporate Strategic Planning, IR and SR,
Operations of Associated Companies, Three Key Reforms, and Sustainability), CDO (In charge of DX, Vice
President, Business Innovation))
Atsuhiro Yabu (Executive Officer, Group President, Automotive Equipment) [new candidate]Notes:1) Titles in parentheses are current positions and assignments at Mitsubishi Electric and important concurrent positions atother companies as of March 29, 2024.
2) Messrs. Kosaka, Yanagi, Minakawa, Pedersen, and Mses. Egawa and Matsuyama are Outside Director candidates.
3) Changes in Executive Officers were disclosed on February 20, 2024.

<Abbreviation>
CEO:

Chief Executive Officer

CFO:

Chief Financial Officer

CSO:

Chief Strategy Officer

CDO:

Chief Digital Officer
1/2

2. Retiring Directors
Mitoji Yabunaka (Director)
Kazunori Watanabe (Director)
Hiroko Koide (Director)
Tadashi Kawagoishi (Director)
Jun Nagasawa (Director)
3. New Candidates
Kunihito
March 1978Minakawa(Date of Birth:April 1978
August 15, 1954) October 1997
June 2010
April 2012
June 2013
June 2017
June 2018
April 2019
July 2020

Peter D. Pedersen January 1995
(Date of Birth:
September 2000
November 29,January 2015
1967)
February 2020
June 2021
June 2022

Atsuhiro Yabu
(Date of Birth:June 25, 1960)

March 1984
April 1984
April 2016
August 2018
April 2019
April 2020
April 2021

Graduated from the Faculty of Business and Commerce, Keio
University
Joined RICOH CO., LTD.
SVP and CFO, Ricoh Americas Corporation
External Corporate Auditor, RICOH LEASING COMPANY, LTD.
Corporate Senior Vice President and General Manager, Finance andAccounting, RICOH CO., LTD.
Corporate Auditor (Full-time), RICOH CO., LTD. (resigned in June 2017)
External Director, Sony Corporation (Currently Sony GroupCorporation) (resigned in June 2020)
External Director, Santen Pharmaceutical Co., Ltd. (current position)
Financial Services Agency Certified Public Accountants and Auditing
Oversight Board Commissioner (current position)
External Director, Nippon Sheet Glass Co., Ltd. (current position)
Graduated from the Department of Anthropology, University ofCopenhagen
President, E-Square Inc. (resigned in November 2011)
Executive Director, NELIS, a general incorporated association(currently NELIS, a corporation engaging in specified non-profit
activities) (current position)
Professor, Graduate School of Leadership and Innovation, Shizenkan
University (current position)
External Director, MARUI GROUP CO., LTD. (current position)
Outside Member of the Board, Meiji Holdings Co., Ltd. (current position)
Graduated from the School of Engineering, Osaka University
Joined the Company
Executive Vice President, Mitsubishi Electric US, Inc.
CEO, Mitsubishi Electric Trane HVAC US LLC
Executive Officer, Vice President, Corporate Total Productivity
Management
Executive Officer, in charge of Information Security, Vice President,Corporate Total Productivity Management
Executive Officer, Group President, Automotive Equipment (currentposition)###About Mitsubishi Electric Corporation
With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric
Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electricaland electronic equipment used in information processing and communications, space development and satellite
communications, consumer electronics, industrial technology, energy, transportation and building equipment.
Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.” The company
recorded a revenue of 5,003.6 billion yen (U.S.$ 37.3 billion*) in the fiscal year ended March 31, 2023. For
more information, please visit www.MitsubishiElectric.com*U.S. dollar amounts are translated from yen at the rate of ¥134=U.S.$1, the approximate rate on the Tokyo
Foreign Exchange Market on March 31, 2023
2/2