FOR IMMEDIATE RELEASE

Matters Concerning Controlling Shareholders, etc.
Tokyo, June 25, 2024 --- Mitsubishi HC Capital Inc. (TSE: 8593, Representative
Director, President & CEO: Taiju Hisai, the “Company”) hereby announces the mattersconcerning controlling shareholders, etc. as below.
-Description1. Trade Name, etc. of Parent Company, Controlling Shareholder (ExcludingParent Company), and Other Affiliated Company, etc.
(As of March 31, 2024)
Ownership of Voting Rights (%)
Name

Attribute

DirectHoldings

Indirect
Holdings

Total

Financial Instruments
Exchanges, etc. Where
Issued Shares, etc. are
ListedOtheraffiliatedcompany

14.51

5.52

20.03

Prime Market,
Tokyo Stock Exchange, Inc.
Premier Market,
Nagoya Stock Exchange, Inc.
New York Stock Exchange

Other
Mitsubishi
affiliatedCorporationcompany

18.40

0.00

18.40

Prime Market,
Tokyo Stock Exchange, Inc.

Mitsubishi
UFJ
FinancialGroup, Inc.

2. Name of Parent Company, etc. Deemed to Have the Greatest Influence on
the Company and the Reason for it
Name:
Reason:Mitsubishi UFJ Financial Group, Inc.
The company is the largest shareholder.

3. Position of the Company within the Corporate Group of Parent Company, etc.
and Other Relationships between the Company and Parent Company, etc.
(1) Position of the Company within the Corporate Group of Parent Company, etc.,
and Business, Personnel, and Capital Relationships with Parent Company, etc.
and its Group Companies
Mitsubishi UFJ Financial Group, Inc. is the largest shareholder of theCompany, holding 20.03% of the voting rights including indirect holdings.
Mitsubishi Corporation is the second-largest shareholder of the Company,holding 18.40% of the voting rights. One of the Directors at the Company
concurrently holds the position of Executive Vice President in Mitsubishi
1Corporation.
The Company and Mitsubishi UFJ Financial Group, Inc. and the Company andMitsubishi Corporation consider each other strategically important partners
and aim to improve corporate value through diverse collaborations.
The Company has business relationships with the companies that belong toMitsubishi UFJ Financial Group and/or Mitsubishi Corporation Group as its
customers or business partners. In addition, the Company has loans forbusiness-purpose funds from, and other transactions with, the subsidiaries ofMitsubishi UFJ Financial Group.
(2) Policy and Measures for Ensuring a Certain Degree of Independence from
Parent Company, etc.
The Company ensures fair transactions with the companies under MitsubishiUFJ Financial Group and Mitsubishi Corporation Group based on the same
basic contracts used with other business partners and market prices. Further,
the Company emphasizes independent management and is actively promoting
the increase of transactions with other business partners without relying upontransactions, etc. with companies under those two groups. Also, as a basic
policy for funding procurement, the Company seeks to procure diversified andstable funding that does not depend on specific financial institutions ormethods.
(3) Status of Ensuring a Certain Degree of Independence from Parent Company,etc.
As stated above, the Company makes independent management decisions
and executes its business based on its responsibilities as a publicly traded
company, and ensures its independence from the parent company, etc.
In addition, out of the Company’s 12 Directors, five (5) are Independent
Outside Directors (more than one third).
(Director with concurrent position at other company)(As of June 25, 2024)
Title

Name

Title at Other
Affiliated Company

Director Shota Kondo Executive Vice
President, MitsubishiCorporation2

Reasons for Appointment
Mr. Kondo has a wealth of management
experience at a major Japanese general
trading company, as well as a deep
knowledge of Japanese and international
businesses. The Company expects him
to use his experience and knowledge
from a practical perspective to contributeto appropriate decision making andsupervision of overall management by
the Board of Directors as an OutsideDirector. The Company has therefore
newly appointed him as a Director.
As Mr. Kondo concurrently serves as theExecutive Vice President of Mitsubishi
Corporation, a major shareholder of theCompany, he is not designated as an
Independent Director. Mitsubishi
Corporation is an important business
partner for the Company to work together
with to aim for the improvement ofcorporate value.
The Company expects to utilize
Mr. Kondo’s management experienceand extensive knowledge in overall
Japanese and international businesses
for the Company’s management andeffectively utilize advice from him, who
has served as a chief of business areasof collaboration between Mitsubishi
Corporation and the Company. The
Company deems that this will lead to theimprovement of its corporate value andcontribute to the enhancement of theinterests of all shareholders including
minority shareholders.
Mr. Kondo has indicated his intention toperform his duties as a Director for thebenefit of the Company and not for any
specific shareholder. If any item ofbusiness posing a conflict of interest
between Mitsubishi Corporation and theCompany is submitted to the Company’s
Board of Directors, he will participate inneither the resolutions nor thedeliberations.

4. Matters Concerning Transactions with Controlling Shareholders, etc.
There are no important matters to be noted.
- End This news release is written in Japanese and translated into English. The Japanese text is the original
and the English text is for reference purposes. If there is any conflict or inconsistency between these
two texts, the Japanese text shall prevail.

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