Announcement Regarding Candidates for Member of the Board of Directors and Member Composition ofthe Three Committees of ORIX Corporation
TOKYO, Japan - May 8, 2024 - ORIX Corporation (“ORIX”) announced today that the Nominating Committee
has decided the candidates for Member of the Board of Directors. The nominations are scheduled to be
finalized at the 61st Annual General Meeting of Shareholders of the Company on June 25, 2024.
The Company announced that it decided the composition of the Nominating, Audit and Compensation
Committees in the Board of Directors meeting held today. All members of the Nominating, Audit andCompensation Committees are composed of outside directors. The nominations are scheduled to be finalized
at the Board of Directors meeting after the 61st Annual General Meeting of Shareholders of the Company on
June 25, 2024.
Candidates for the 11 Member of the Board of Directors positions (including 6 Outside Directors) are as
follows:
Makoto Inoue
Satoru Matsuzaki
Stan Koyanagi
Yasuaki Mikami
Hidetake Takahashi (newly nominated)

Michael Cusumano (Outside Director)
Sakie Akiyama (Outside Director)
Hiroshi Watanabe (Outside Director)
Aiko Sekine (Outside Director)
Chikatomo Hodo (Outside Director)
Noriyuki Yanagawa (Outside Director)

Details on Candidates for New Member of the Board of Directors
Hidetake Takahashi (Born January 13, 1971)
Apr.1993
Joined ORIX Corporation
Feb.2010
General Manager of Investment and Operation Group I, Investment Banking Headquarters
Executive Officer, DAIKYO INCORPORATED
Jun.2010
Sep.2011
General Manager of Planning Department, Investment and Operation Headquarters
Nov.2011
General Manager of Business Development Department, Investment and Operation
Headquarters
Jan.2014
General Manager of Business Development Department, Energy and Eco Services
Headquarters
Jan.2017
Deputy Head of Energy and Eco Services Headquarters,
General Manager of Business Development Department
Mar.2017
Deputy Head of Energy and Eco Services Headquarters,
General Manager of Global Business Development Department
May.2018
Member of the Board of Directors, ORIX Corporation UK Limited (present position)
Jan.2020
Executive Officer
Head of Energy and Eco Services Headquarters (present position)
Sep.2020
Member of the Board of Directors, Ubiteq, INC. (present position)
Jan.2022
Managing Executive Officer
Senior Managing Executive Officer (present position)
Jan.2024
Group Strategy Business Unit
Responsible for Global Investment Strategy (present position)

Basis for candidacy for appointment a Member of the Board of Directors
Mr. Hidetake Takahashi is a candidate for new Member of the Board of Directors. He has a wealth ofexperience and advanced knowledge relating to the diversified business activities of the ORIX Group throughhis business execution experience in the field of investment and operation business and environment andenergy business.
The Nominating Committee has appointed him as a new candidate for Member of the Board of Directors
because it has determined he can be expected to fulfil a substantial role, including highly effective supervisionof the Company’s management given that he possesses extensive understanding of the Company’s operations.

Details on Candidates for Member of the Board of Directors (Outside Director)
Michael Cusumano (Born September 5, 1954)
Assistant Professor, Sloan School of Management at Massachusetts Institute of Technology
Jul.1986
Professor, Faculty of Management, Sloan School of Management at Massachusetts InstituteJul.1996
of Technology (present position)
Jul.2007Professor, Faculty of Engineering Systems, School of Engineering at Massachusetts Instituteof Technology (retired in March 2016)
Apr.2016
Special Vice President and Dean, Tokyo University of Science (retired in May 2017)
Jun.2019
Member of the Board of Directors (Outside Director), ORIX Corporation (present position)
Apr.2020
Senior Specially Appointed Professor, Tokyo University of Science (retired in March 2022)
Jul.2020
Deputy Dean, Faculty of Management, Sloan School of Management at Massachusetts
Institute of Technology (present position)
Basis for candidacy for appointment as a Member of the Board of Directors (Outside Director)
Mr. Michael Cusumano is a candidate for Member of the Board of Directors (Outside Director). He currently
serves as a Deputy Dean and Professor, Faculty of Management, Sloan School of Management at
Massachusetts Institute of Technology, and as a global authority has a deep understanding of businessstrategy and technology management.
He has actively expressed his opinions and made proposals during deliberations at Board of Directors Meetingand Compensation Committee, pointing to important matters regarding company management, using his
expertise in business strategy and technology management.
The Nominating Committee has appointed him as a candidate for Member of the Board of Directors (OutsideDirector) because it has determined he can be expected to continue to fulfil a substantial role, including highly
effective supervision of the Company’s management by utilizing a wealth of his knowledge and experience,
etc., from an independent and objective standpoint.

Sakie Akiyama (Born December 1, 1962)
Joined Arthur Andersen & Co. (currently Accenture Japan Ltd.) (retired in April 1991)
Apr.1987
Founded Saki Corporation
Apr.1994
Representative Director and Chief Executive Officer, Saki Corporation (retired in September2018)
Oct.2018
Founder, Saki Corporation (present position)
Jun.2019
Member of the Board of Directors (Outside Director), ORIX Corporation (present position)
Member of the Board of Directors (Outside Director), Sony Corporation (currently SonyGroup Corporation) (present position)
Member of the Board of Directors (Outside Director), JAPAN POST HOLDINGS Co., Ltd.
(present position)
Jun.2020
Member of the Board of Directors (Outside Director), Mitsubishi Corporation (presentposition)

Basis for candidacy for appointment as a Member of the Board of Directors (Outside Director)
Ms. Sakie Akiyama is a candidate for Member of the Board of Directors (Outside Director). She founded Saki
Corporation and served as a Representative Director and Chief Executive Officer of Saki Corporation. She has
wide-ranging experience and knowledge of corporate management.
Currently as a Chairperson of the Nominating Committee, she has actively expressed her opinions and madeproposals, while leading discussions and deliberations on members of the Board of Directors and executive
officers suitable for the Company’s business operations.
The Nominating Committee has appointed her as a candidate for Member of the Board of Directors (OutsideDirector) because it has determined she can be expected to continue to fulfil a substantial role, including
highly effective supervision of the Company’s management by utilizing a wealth of her knowledge andexperience, etc., from an independent and objective standpoint.

Hiroshi Watanabe (Born June 26, 1949)
Apr.1972
Joined the Ministry of FinanceJan.2003
Director-General, International Bureau, Ministry of Finance
Vice Minister of Finance for International Affairs, Ministry of Finance (retired in July 2007)
Jul.2004
Oct.2007
Special Advisor, Japan Center for International Finance (retired in September 2008)
Apr.2008
Professor, Graduate School of Commerce and Management at Hitotsubashi University(currently Graduate School of Business Administration at Hitotsubashi University) (retired inSeptember 2008)
Oct.2008
Deputy Governor, Japan Finance Corporation (retired in March 2012)
Apr.2012
Deputy Governor, Japan Bank for International CooperationDec.2013
Governor, Japan Bank for International Cooperation (retired in June 2016)
Oct.2016
President, Institute for International Monetary Affairs (present position)
Jun.2017
Member of the Board of Directors (Outside Director), Mitsubishi Materials Corporation(scheduled to retire in June 2024)
Jun.2020
Member of the Board of Directors (Outside Director), ORIX Corporation (present position)
Basis for candidacy for appointment a Member of the Board of Directors (Outside Director)
Mr. Hiroshi Watanabe is a candidate for Member of the Board of Directors (Outside Director). He served
successively as in key positions at Ministry of Finance Japan and Governor of Japan Bank for International
Cooperation, and currently serves as President of Institute for International Monetary Affairs. He has a wealthof knowledge and experience as a finance and economic expert both in Japan and overseas, wide-ranging
experience and knowledge of corporate management.
Currently as a Chairperson of the Compensation Committee, he has actively expressed his opinions and madeproposals, while leading discussions and deliberations between the Member of the Board of Directors andExecutive Officer’s compensation system and compensation levels in order to enhance their role as mediumand long-term incentives.
The Nominating Committee has appointed him as a candidate for Member of the Board of Directors (OutsideDirector) because it has determined he can be expected to continue to fulfil a substantial role, including highly
effective supervision of the Company’s management by utilizing a wealth of his knowledge and experience,etc., from an independent and objective standpoint.

Aiko Sekine (Born May 13, 1958)
Apr.1981
Joined Citibank, N.A., Tokyo Branch (retired in January 1984)
Oct.1985
Joined Aoyama Audit Corporation
Mar.1989
Certified as Public Accountant, Japan
Jul.2001
Partner of Chuo Aoyama Audit Corporation (retired in August 2006)
Sep.2006
Partner of Aarata Audit Corporation (currently PricewaterhouseCoopers Japan LLC) (retiredin July 2016)
Jul.2007
Executive Board Member of Japanese Institute of Certified Public Accountants
Jan.2008
Board Member of International Ethics Standards Board for Accountants, International
Federation of Accountants (retired in December 2010)
Jul.2010
Deputy President of Japanese Institute of Certified Public Accountants
Jul.2016
Chairman and President of Japanese Institute of Certified Public Accountants (retired in July2019)
Jan.2019
Member of the Nominating Committee, International Federation of Accountants (retired inDecember 2022)
Jul.2019
Advisor of Japanese Institute of Certified Public Accountants (present position)
Jun.2020
Member of the Board of Directors (Outside Director), ORIX Corporation (present position)
Outside Audit & Supervisory Board Member, Sumitomo Riko Company Limited (presentposition)
Outside Audit & Supervisory Board Member, IHI Corporation (present position)
Sep.2020
Professor, Faculty of Commerce, Waseda University, (present position)
Oct.2020
Trustee, International Valuation Standards Council (present position)
Jun.2024
Member of the Board of Directors (Outside Director), NIPPON STEEL CORPORATION(scheduled)
Basis for candidacy for appointment as a Member of the Board of Directors (Outside Director)
Ms. Aiko Sekine is a candidate for Member of the Board of Directors (Outside Director). She served on
government and institutional finance and accounting councils both in Japan and overseas, and served as aPartner of Aarata Audit Corporation (currently PricewaterhouseCoopers Japan LLC) and Chairman andPresident of Japanese Institute of Certified Public Accountants. She has extensive knowledge as a professional
accountant.
Currently as a Chairperson of the Audit Committee, she has received periodic reports from the Company’sinternal audit unit and actively expressed her opinions and made proposals, while leading discussions anddeliberations on the effectiveness of the Company’s internal control system.
The Nominating Committee has appointed her as a candidate for Member of the Board of Directors (OutsideDirector) because it has determined she can be expected to continue to fulfil a substantial role, including
highly effective supervision of the Company’s management by utilizing a wealth of her knowledge andexperience, etc., from an independent and objective standpoint.

Chikatomo Hodo (Born July 31, 1960)
Sep.1982
Joined Arthur Andersen & Co. (currently Accenture Japan Ltd.)
Sep.2005
Representative Director, Accenture Japan Ltd.
Representative Director and President, Accenture Japan Ltd.
Apr.2006
Sep.2015
Director and Chairman, Accenture Japan Ltd. (retired in August 2017)
Sep.2017
Director and Senior Corporate Advisor, Accenture Japan Ltd. (retired as a Director in June2018)
Jun.2018
Member of the Board of Directors (Outside Director), KONICA MINOLTA, Inc. (presentposition)
Jul.2018
Senior Corporate Advisor, Accenture Japan Ltd. (retired in August 2021)
Jun.2019
Member of the Board of Directors (Outside Director), Mitsubishi Chemical Holdings
Corporation (currently Mitsubishi Chemical Group Corporation) (present position)
Jun.2021
Member of the Board of Directors (Outside Director), ORIX Corporation (present position)
Jun.2023
Member of the Board of Directors (Outside Director), Sumitomo Mitsui Banking Corporation(present position)
Basis for candidacy for appointment a Member of the Board of Directors (Outside Director)
Mr. Chikatomo Hodo is a candidate for Member of the Board of Directors (Outside Director). He served as a
Representative Director and President of Accenture Japan Ltd. He has wide-ranging experience andknowledge as a corporate management and digital business.
He has actively expressed his opinions and made proposals during deliberations at Board of Directors Meeting,Compensation Committee and Audit Committee, pointing to important matters regarding company
management, using his expertise in corporate management and digital business.
The Nominating Committee has appointed him as a candidate for Member of the Board of Directors (OutsideDirector) because it has determined he can be expected to continue to fulfil a substantial role, including highly
effective supervision of the Company’s management by utilizing a wealth of his knowledge and experience,
etc., from an independent and objective standpoint.

Noriyuki Yanagawa (Born April 23, 1963)
Apr.1993
Specialized Teacher, Faculty of Economics at Keio University
Apr.1996
Assistant Professor, Faculty of Economics of Graduate School of Economics at the Universityof Tokyo
Associate Professor, Faculty of Economics of Graduate School of Economics at the University
Apr.2007of TokyoDec.2011
Professor, Faculty of Economics of Graduate School of Economics at the University of Tokyo(present position)
Jun.2022
Member of the Board of Directors (Outside Director), ORIX Corporation (present position)
Basis for candidacy for appointment a Member of the Board of Directors (Outside Director)
Mr. Noriyuki Yanagawa is a candidate for Member of the Board of Directors (Outside Director). He
currently serves as a Professor, Faculty of Economics of Graduate School of Economics at the University ofTokyo, and he served on government and institutional finance and economic councils in Japan. He specializes
in financial contracts, law and economics, and has a wealth of knowledge and experience as a financial
economics expert.
He has actively expressed his opinions and made proposals during deliberations at Board of Directors Meetingand Audit Committee , using his expertise in corporate strategy based on deep academic understanding.
The Nominating Committee has appointed him as a candidate for Member of the Board of Directors (OutsideDirector) because it has determined he can be expected to continue to fulfil a substantial role, including highly
effective supervision of the Company’s management by utilizing a wealth of his knowledge and experience,etc., from an independent and objective standpoint.

Nominating Committee
3 Members (Outside Directors: 3)
Chairperson: Sakie Akiyama
Members: Hiroshi Watanabe and Aiko Sekine
Audit Committee
3 Members (Outside Directors: 3)
Chairperson: Aiko Sekine
Members: Chikatomo Hodo and Noriyuki Yanagawa
Compensation Committee
3 Members (Outside Directors: 3)
Chairperson: Hiroshi Watanabe
Members: Michael Cusumano and Chikatomo Hodo

Contact Information:
Investor Relations and Sustainability Department
ORIX Corporation
Tel: +81-3-3435-3121

About ORIX Group:
ORIX Group (ORIX Corporation TSE: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become
a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking,asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, shipsand aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30
countries and regions across the world with approximately 35,000 people. ORIX Group unites globally around its Purpose: “FindingPaths. Making Impact.” combining diverse expertise and innovative thinking to help our world develop in a sustainable way.
For more details, please visit our website: https://www.orix.co.jp/grp/en/(As of March 31, 2024)

Caution Concerning Forward Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks anduncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause
actual results that differ materially from those described in the forward-looking statements. Factors that could cause such adifference include, but are not limited to, those described under “Risk Factors” in the Company’s annual report on Form 20-F filedwith the United States Securities and Exchange Commission and under “(4) Risk Factors” of the “1. Summary of Consolidated FinancialResults” of the “Consolidated Financial Results April 1, 2023 – March 31, 2024” furnished on Form 6-K.