MUFG announced the following changes in Representative Corporate Executives decided at meeting of the Board of Directors on March 6, 2025. Effective as of April 1, 2025, Seiichiro Akita?s Former Position was Senior Managing Corporate Executive (Representative Corporate Executive), Group Head, Japanese Corporate & Investment Banking Business Group (excluding in charge of Wealth Management Research Division). Masakazu Osawa?s Former Position was Managing Executive Officer, Group Deputy COO-I, Deputy Group Head, Global Commercial Banking, Business Group, In charge of Global Corporate & Investment Banking Business, Regional Executive for Asia, New Position is Senior Managing Corporate Executive (Representative Corporate Executive), Group Head, Japanese Corporate & Investment Banking Business Group (excluding in charge of Wealth Management Research Division).

Masakazu Osawa?s Date of Birth is June 20,1968. Education: March 1991 Faculty of Law, The University of Tokyo, June 2006 Master of Laws, The University of Chicago Law School Business. Experience: April 1991 Joined the Mitsubishi Bank Ltd., Toranomon Branch, June 2017, Executive Officer, Managing Director, Head of Corporate, Planning Division of The Bank of Tokyo-Mitsubishi UFJ Ltd., Executive Officer, Managing Director, Head of Corporate, Planning Division of Mitsubishi UFJ Financial Group Inc. (MUFG), May 2018: Executive Officer, Managing Director, Head of Digital, Transformation Division, Corporate Planning Division and Financial Planning Division of MUFG Bank Ltd. Executive Officer, Managing Director, Head of Digital Transformation Division, Corporate Planning Division and Financial Planning Division of MUFG, April 2020: Managing Executive Officer, Chief Digital Transformation Officer (CDTO) in charge of Digital Transformation Division, Managing Director, Head of Digital Transformation Division of MUFG Bank Ltd. Managing Corporate Executive, Group Chief Digital Transformation Officer (CDTO), Managing Director, Head of Digital Transformation Division of MUFG, Member of the Board of Directors, Managing Executive Officer, CDTO in charge of Digital Transformation Division, Managing Director, Head of Digital Transformation Division of MUFG Bank Ltd. April 2021: Member of the Board of Directors, Managing Executive Officer, Head of Digital Service Business Unit, CDTO in charge of Digital Service Planning Division of MUFG Bank Ltd. Managing Corporate Executive, Group Head, Digital Service Business Group, Group CDTO of MUFG.

April 2023: Managing Executive Officer, Deputy COO-I, Deputy Chief Executive, Global Corporate & Investment Banking, Business Unit (in charge of Asia), Global Commercial Banking Business Unit, in charge of Asia, Group Head, Corporate Banking Group (in charge of Asia-Pacific) of MUFG Bank Ltd. (current), Managing Executive Officer, Group Deputy COO-I, Group, Deputy Head, Global Commercial Banking Business Group, In charge of Global Corporate & Investment Banking Business Group, Regional Executive for Asia of MUFG (current).