Kubota : Notice of the 133rd Ordinary General Meeting of Shareholders (6.9MB)

Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.

Securities Code: 6326

Date of Dispatch: March 3, 2023

Yuichi Kitao

President and Representative Director

Notice of the 133 Ordinary	2-47, Shikitsuhigashi 1-chome,
rd	Naniwa-ku, Osaka, 556-8601 Japan
General Meeting of Shareholders

REFERENCE MATERIALS FOR THE 133rd GENERAL MEETING OF SHAREHOLDERS (SUMMARY)

The full text of the reference materials for the 133rd Ordinary General Meeting of Shareholders is posted on the Company's website and TSE website.

Proposal 1: Election of Eleven Directors

The term of office of all ten Directors will expire at the conclusion of this meeting. At this juncture, the Company proposes to elect eleven Directors, increasing the number of Directors by one, to maintain the number of Directors at an appropriate level for carrying on effective discussions at meetings of the Board of Directors, while strengthening the Group management base with an eye to the expansion of the overseas business activities, thereby realizing sustainable growth and increasing the trust that society places in the Kubota Group (hereinafter the "Group"), and also strengthening the corporate governance framework. If this proposal is approved and passed as proposed, five out of the eleven Directors will be Outside Directors.

To Shareholders

Kubota Corporation (hereinafter the "Company") hereby notifies you that the 133rd Ordinary General Meeting of Shareholders will be held as follows.

In convening the 133rd Ordinary General Meeting of Shareholders, the Company has taken measures for providing information that constitutes the content of reference materials for the General Meeting of Shareholders, etc., in electronic format. To review the information, please access either of the websites.

Kubota website	https://www.kubota.com/ir/stock/meeting/index.html
Website for the 133rd Ordinary General Meeting of Shareholders:
Tokyo Stock Exchange (TSE) website	https://www2.jpx.co.jp/tseHpFront/JJK020010Action.
Listed Company Search	do?Show=Show

Please access the TSE website, and search by "Kubota" or "Ticker code (6326)," select "Basic information" and then "Documents for public inspection/PR information" to review filed information.

The Company cordially requests that you make sure to study the reference materials, and exercise your voting rights prior to the meeting in writing (by mail) or by using the Internet by 5:00 p.m. on Thursday, March 23, 2023 (JST).

Detailed information regarding the exercise of voting rights in writing or by using the Internet, making enquiries in advance, and viewing a live stream is shown on pages 14 and 15 (in Japanese only) .

No.	Name
1 Yuichi Kitao	Reappointment

2 Masato Yoshikawa Reappointment

3	Dai Watanabe	Reappointment
4	Hiroto Kimura	Reappointment
5	Eiji Yoshioka	New Nomination
6	Shingo Hanada	New Nomination
7	Yuzuru Matsuda	Reappointment
Independent
		Outside

Position and Responsibility at Kubota Corporation and

Important Concurrent Positions

President and Representative Director

Representative Director and Executive Vice President,

General Manager of Planning and Control Headquarters,

General Manager of Global ICT Headquarters

Director and Executive Vice President,

General Manager of Farm and Industrial Machinery Consolidated Division, General Manager of Innovation Center

Director and Senior Managing Executive Officer,

General Manager of Research and Development Headquarters, General Manager of Kubota Global Institute of Technology, Deputy General Manager of Innovation Center,

General Manager of Carbon Neutral Promotion Dept.

Senior Managing Executive Officer,

General Manager of Water and Environment Infrastructure Consolidated Division, Deputy General Manager of Innovation Center,

General Manager of Tokyo Head Office

Managing Executive Officer,

President of Kubota North America Corporation,

President of KUBOTA TRACTOR CORPORATION

Outside Director

Attendance of

the Meetings of

the Board of

Directors

100%

(12 of 12)

100%

(12 of 12)

100%

(12 of 12)

100%

(10 of 10)

-

-

100%

(12 of 12)

Date and time

Place

Matters for

which the meeting

is held

Friday, March 24, 2023, at 10:00 a.m. (JST) (Reception desk opens at 9:00 a.m.)

Convention Hall of Kubota Corporation

2-47, Shikitsuhigashi 1-chome,Naniwa-ku, Osaka, Japan

	1.	Business report, the consolidated financial statements and the non-consolidated financial
Matters to Be
Reported		statements for the 133rd business term (from January 1, 2022 to December 31, 2022)
	2.	The results of the audits of the consolidated financial statements by the Independent
		Auditor and by the Audit & Supervisory Board
	Proposal 1: Election of Eleven Directors
Matters Requiring
Resolutions	Proposal 2: Election of One Substitute Audit & Supervisory Board Member

8	Koichi Ina	Reappointment
Independent
		Outside
9	Yutaro Shintaku	Reappointment
Independent
		Outside
10	Kumi Arakane	Reappointment
Independent
		Outside
11	Koichi Kawana	New Nomination
Independent

Outside Director,

Outside Director of Sansha Electric Manufacturing Co., Ltd.

Outside Director,

Outside Director of Santen Pharmaceutical Co., Ltd., Outside Director of KOZO KEIKAKU ENGINEERING Inc.

Outside Director,

External Director of Kagome Co., Ltd.,

Outside Director of TODA CORPORATION

Outside Director of TOKYO ELECTRON DEVICE LIMITED Outside Director of Bandai Namco Holdings Inc.

100%

(12 of 12)

100%

(12 of 12)

100%

(12 of 12)

-

Note: Shareholders who are attending the General Meeting of Shareholders in person are requested to submit the enclosed voting instruction card at the reception desk at the venue. Due to limitation

Outside

Outside Director (Audit and Supervisory Committee Member) of COMSYS Holdings Corporation External Director of RENOVA, Inc.

of available seats at the venue, we may refuse entry even if you come to the venue on the day of the meeting. Anyone other than a shareholder who is entitled to exercise voting rights (e.g., non- shareholding proxy, person accompanying the shareholder) will not be allowed inside the venue. No gifts will be presented to the shareholders present at the meeting.

If any revision of information that constitutes the content of reference materials for the General Meeting of Shareholders, etc. in electronic format occurs, matters before and after amendment will be posted on the above-mentioned internet websites.

Of the content of reference materials for the General Meeting of Shareholders, etc. in electronic format, the financial position and the results of operations, main line of business, employees (of consolidated and non-consolidated basis), item on shares of Kubota Corporation, independent auditor, consolidated statement of changes in equity, notes to consolidated financial statements, statement of changes in net assets (non-consolidated) and notes to financial statements (non-consolidated) are only posted on the above-mentioned internet websites and not posted on the paper-based documents to be delivered to shareholders who requested the delivery of paper-based documents in accordance with laws and regulations, and the provision in Article 16 of the Articles of Incorporation. Therefore, the paper-based documents to be delivered to shareholders who requested the delivery of paper-

1 based documents is the part of document audited by the Independent Auditor and the Audit & Supervisory Board Members in preparing the audit reports.

Proposal 2: Election of One Substitute Audit & Supervisory Board Member

The Company proposes to elect one substitute Outside Audit & Supervisory Board Member in case of the number of Outside Audit & Supervisory Members falling below the number required by laws and regulations.

This proposal has been agreed by the Audit & Supervisory Board.

Hogara Iwamoto is a candidate for substitute Outside Audit & Supervisory Board Member.

			Hogara Iwamoto	Representative Partner of Asunaro Legal Professional
Substitute Audit & Supervisory Board Member		Outside
	Corporation, Asunaro Law Office

2

Message from the President

In delivering a notice of the 133rd Ordinary General Meeting of Shareholders, I would like to express my sincere gratitude to shareholders for their loyal patronage.

The year 2022 was indeed a year of drastic changes in the market environment, with a series of unexpected events such as geopolitical risks and escalating inflation, including soaring energy prices, in addition to the tight supply chain and disruption that had continued from the previous year. However, even in this difficult environment, we made major milestones that will lead to future growth, such as welcoming Escorts Limited (now Escorts Kubota Limited), a major Indian agricultural machinery manufacturer, in order to accelerate market development, and establishing new large- scale R&D bases in Japan and North America in order to build a global R&D structure.

The Kubota Group aims to become a Global Major Brand, "a company that can make the greatest contribution to society by earning the trust of the greatest number of customers." In order to resolve social issues in the areas of "food, water, and the environment," we have established Long-termVision "GMB2030" to become an "Essentials Innovator for Supporting Life,' Committed to a Prosperous Society and Cycle of Nature."

This Long-termVision "GMB2030" was born out of the sense of urgency that businesses related to "food, water, and the environment" will not disappear, but the form of products and services required for them may change in the future; thus, our business should further expand its domains and provide new solutions to our customers, aiming to become an "Essentials Innovator for Supporting Life."

In order to achieve the current Mid-termBusiness Plan and realize Long-termVision "GMB2030" amidst the drastically changing market environment, we believe it is necessary to respond to the changes in globalization and gather speed for business operations.

Many of Kubota's growth drivers can be found in overseas markets. As such, we must not waver in the globalization of our operations as we pursue business growth. Having said that, globalization has taken a new turn. This leads me to believe that how appropriately we manage to respond to a change in the operational environment will be a major challenge this year, as the framework which supported conventional globalization, namely, free trade and a unified world, in danger, deepening the national and regional division. On the other hand, the common criteria for judgment of people around the world have been changing, even in an ideological and cultural aspect. There is a need to operate under the concept of globalization that further stresses sustainability in addition to the conventional practice of pursuing cost and efficiency. We will ensure the understanding of the global common criteria for judgment, and create a global management standard.

There have been many startups and new players from other industries entering our business fields of food, water, and the environment. The speed of their response to changes is too fast, and we must change faster than ever before. We cannot do this the old way with our own products and technologies alone. We must also cooperate with other companies, industries, governments, and academia to accelerate the evolution and change.

Kubota has data and know-howaccumulated in the field, rooted in the local communities as a result of hard work together with our customers. As a company committed to resolving environmental and social issues through business in the areas of "food, water, and the environment," we will continue to leverage these strengths to shift to business operations that place ESG at the core of management and strive to enhance our corporate value. We sincerely ask for the continued support of our

shareholders.

Yuichi Kitao

President and Representative Director

Initiatives in the 133rd Term

Having welcomed Escorts Limited to Kubota Group

Expansion of Indian market and entry into emerging markets

Escorts Limited (now Escorts Kubota Limited, hereinafter "Escorts") is a leading company in the Indian tractor market, the largest in the world, and produces construction machinery.

In April 2022, we welcomed Escorts into our Group with a view to expanding our share of the Indian market, which is expected to grow further in the future, and to expanding the market for basic tractors that are durable and reasonably priced. Leveraging the Company's advanced production technology and Escorts' cost competitiveness, we aim

to achieve a 24% share of the Indian tractor market by 2030, and to develop and manufacture agricultural and construction machinery for emerging markets.

		Basic tractor of Escorts
Click		Completion of Subscription to Third-Party Preferential Primary
	Share Allotment and an Open Offer Bid for Escorts Limited
below
for		https://www.kubota.com/ir/news-support/news/data/
details.		nws20220413e.pdf
Click		133rd Kubota Interim Business Report
below
for		https://www.kubota.com/ir/financial/report/data/rpt133rd.pdf
details.

Kubota Global Institute of Technology opens in Sakai city, Osaka

Strengthen R&D System

Kubota has been building a global research and development network and strengthening the product development and technological capabilities that meet individual local needs. In September 2022, Kubota opened the Kubota Global Institute of Technology (hereinafter "KGIT") in Sakai City, Osaka Prefecture. KGIT houses most of the divisions related to R&D in Japan, particularly in agricultural and construction machinery, and facilitates the creation of new innovations. In addition to playing the role of a hub for strengthening cooperation among R&D bases in each

region, KGIT also aims to develop technologies to resolve increasingly complex social issues in the future utilizing a global system of six research bases.

		Kubota Global Institute of Technology
		established in Sakai, Osaka
Click		Kubota Global Institute of Technology Opens in Sakai, Osaka
below		https://www.kubota.com/news/2022/
for
details.		20221026.html

One Kubota R&D Structure

Our Aims

Global R&D system based on the six regions to create the future of the food, water, and the environment

	1	Promote development of large-size agricultural machinery for field crops (tractors)	As important markets, the Chinese and Indian markets
						require the development of local R&D bases in the future.
	2	Accelerate development of models that require early identification of market needs	Currently, the personnel of local manufacturing and sales
						companies are largely responsible for R&D functions.
	3	Shorten development period by parallel development with Japan (using time lag)
				R&D base
				in China
Kubota Research &
R&D base
Development Europe SAS
in India			Kubota Research & Development
France (established in 2021)
					North America Corporation
					Kubota Global Institute of Technology	U.S.A.(established in 2022)
					Sakai, Osaka (established in 2022)
			Kubota Research & Development Asia
			Thailand (established in 2016)

Our Aims		Our Aims

Our Aims

1

2

Minor changes to Thailand-produced models (tractors, combines, tillers, etc.)

Development of region-specific products for ASEAN countries, such as cassava planters and sugar cane harvesters

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Strengthen "One Kubota R&D" by playing the role of a hub to enhance collaboration among global R&D bases

Improve R&D efficiency by eliminating the dispersion and shortage of R&D resources (human resources and research facilities)

Enhance product development capabilities, research capabilities in new technology areas, and R&D human capital to realize them

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2

Full-scale local development of lawn mowers, utility vehicles, implements for tractors, etc.

Quickly and accurately grasp the needs specific to the local markets and speedily introduce products that meet market needs

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4

Growth path of the Kubota Group

Kubota began its business by manufacturing and selling cast metal products. Since that time, Kubota has tackled the issues that have faced society in each age, pursuing the essence of manufacturing while endeavoring to resolve each one. Going forward, too, Kubota will work to protect our beautiful global environment and continue to support prosperity in society and the cycle of nature.

Spirit of the Founder, Gonshiro Kubota

• For the prosperity of society, we need to put all our efforts into creation.
• Our products should not only be technically excellent, but also useful for the good of society.
• We should create products with all our heart and soul, and realize the commodity values of such products in correct definitions.

		Boosted post-war food production	Resolve the labor shortage in
				agriculture
		Developed and commercialized cultivators, farm tractors,
		industry-firsthead-feeding combine harvesters, etc. Promoted	Contributed to farmers' aging and labor shortage
		agricultural mechanization and contributed to food production.
Food		issues with new solutions that combine ICT and robot
			technologies, etc. Provided Kubota Smart Agriculture
			System (KSAS) to visualize agriculture and self-driving
			agricultural machinery, as well as agriculture-purpose
				drones, etc., anticipating crop-dusting and farm-
				monitoring.

Mitigate the spread	Environmental	Build disaster-resilient infrastructure
of infectious	preservation efforts
To save people's lives from natural disasters that have been increasing in recent
diseases	stimulated by	years, provided "earthquake-resilient ductile iron pipes" and drainage pumping
		vehicles that play an active role during floods caused by heavy rain. Developed KSIS

For the planet in the next 100 years

With the University of Tokyo, the Company will strive to contribute to social solutions in the fields of food, water, and the environment, anticipating the future in a hundred years.

Compact Electric Tractor released in European markets

In April 2023, Kubota will be the first Japanese manufacturer to release compact electric tractors in Europe.

Click below for details.

https://www.kubota.com/

news/2022/20220905.html

Long-term Vision "GMB2030"

An "Essentials

Innovator for

Supporting Life,"

Committed to a Prosperous

Society and Cycle of Nature

Smart Village concept

We will strive to provide total solutions to intertwined social issues and realize a carbon-neutral and resource-recycling future, focusing on the fields of food, water, and the environment.

Click below for details.

The Concept of Kubota's Smart Village https://www.youtube.com/watch?v=eu06I2OQxrM

			economic growth	smart water infrastructure system using ICT as a means to resolve the shortage of
	Succeeded in the mass-producing
	of cast-iron water pipes for the first				experienced engineers.
Water		To resolve water pollution along
time in Japan. The spread of water
	with economic development, entered
systems helps mitigate epidemics.
	environmental improvement businesses
		including water services and sewage
		services.
							KSIS Tablet Measuring Screen
		Increasing urban infrastructure	Respond to climate change

Mid-term

Business Plan

2025

Development of biomass regional resource circulation system

In collaboration with Kyoto University and Waseda University, we are working on a demonstration experiment to establish a regional resource circulation system to produce biofuels from rice straw for use in agriculture and households.

[Kubota] Building a regional resource circulation system

Biogas
[Kyoto University]	Power
Methane	Catalyst	generation
fermentation	development
Regional		Electricity Heat
biomass,
mainly rice straw
Green	Green
LPG	hydrogen

Bio
fertilizer	[Waseda University]
	Process development

	development
	Developed clean industrial engines to contribute to the
			global issue to reduce CO2 emissions. Led the industry by
	Started manufacturing compact
	becoming the first acquiror of the U.S. CARB certification
	construction machinery, and
	in the world, and meeting national regulations around the
	contributed to urban infrastructure	world that are tightened year after year.
Environment	development during the period of
rapid economic growth.
			Current

Kubota and Accenture establish a joint venture for the realization of

a sustainable society

In addition to creating new solutions, we will engage in the development of digital human resources and the creation of a digital platform.

KUBOTA AGRI FRONT, an edutainment facility to learn about agriculture from a management perspective, will open

Kubota will establish a place to learn about and anticipate the attractiveness and potential of "food and agriculture" together for the future, conveying "Future Vision of Agriculture" from Japan's northern farmlands in vast Hokkaido.

Founded	Kubota's history of resolving social issues
in
1890

Click below for details.

https://www.kubota.com/news/2022/

20220830.html

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Long-Term Vision "GMB2030"

The Kubota Group's long-term goal is to realize Global Major Brand Kubota (GMB Kubota), by which we mean a company that can make the greatest contribution to society by earning the trust of the greatest number of customers, and achieve this by resolving social issues in the fields of food, water, and the environment. As we move toward a world in which it is normal to live a sustainable life, in order for the entire Group to share the direction that Kubota should take and accelerate efforts to realize these goals, we have formulated our Long-Term Vision "GMB2030" which looks ten years ahead.

Materiality That We Take as Key Management Issues

To accelerate the achievement of our Long-Term Vision "GMB2030," we have identified four areas we wish to focus on, and have broken these down into 12 points of materiality that consider the demands of society and our stakeholders, as well as our goals and management direction.

Twelve points of materiality in four areas

Our vision for

the Kubota Group in 2030

An "Essentials Innovator for Supporting Life," Committed to a Prosperous Society and Cycle of Nature

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Four areas

Solving

environmental and

social problems through business

Accelerating

innovation to solve

problems

Gaining empathy

and participation of

stakeholders

Building governance

that increases sustainability

Enhancing the		Promoting the circulation		Improving urban and
productivity and safety		of water resources and
		living environments
of food		waste

Mitigation of and adaptation to climate change

(common to, and a prerequisite of, the three points above)

Driving/Supporting

Business operations		Strengthening of R&D
based on diverse values		and partnerships
Improvement of		Customer satisfaction		Enhancement of
employee growth and			transparency and
	and safety
job satisfaction			dialogue
Strengthening of		Penetration and practice		Strengthening of risk
corporate governance		of K-ESG management		management

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Mid-Term Business Plan 2025

With the aim of becoming an "Essentials Innovator for Supporting Life," committed to a prosperous society and cycle of nature-as outlined in our Long-Term Vision "GMB2030"-we formulated Mid-Term Business Plan 2025 and have been working since 2021 to that end. We plan to promote our five main themes and DX as a common theme, and develop business operations that position ESG at the core of management.

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Initiatives of enhancement

in business area

	Establishment of the
2
	foundation for realizing
	our Long-Term Vision
	"GMB2030" that supports
	the next generation
	Initiatives to secure
	candidates of growth drivers
	for the next generation
	Expansion of revenue
3
	in existing businesses
	Promotion of business

1 Promotion of ESG management

Shift to business operations that position ESG at the core of management

As a company that engages in reducing environmental impacts and solving social issues through business, Kubota promotes its

Initiatives related to business operations

5 Development of infrastructure that supports sustainable growth

Reform of a business operation structure

Initiatives to secure and strengthen human resources

Strengthening risk management

Megatrends that attract Kubota's attention
Achieving both economic growth and		A society where the marginal cost of
resource recycling		products is close to zero through
(Circular economy)		recycling and sharing
Net zero greenhouse gas emissions		Formation of new small- and
	medium-sized community that is not
(Carbon neutral)
	obsessed only with global capitalism

the three elds

Kubota's initiatives to

the global food challenge

Forecasts Indicate Insufcient

Food Resources and Fewer

Agricultural Workers, Worldwide

Social issues in
of food, water, and the environment
Kubota's initiatives in global	Kubota's initiatives to the global
water challenges	living environment challenges
Serious Issues in Water	Population Growth Spurs Urbanization,
Shortages, Floods, and Aging	Raising Demand for Better Social and
Infrastructure	Industrial Infrastructure

	strategies that take advantage
	of growth opportunities
	Improvement of prot
4
	margin

Improvement of prot structure by strengthening the business foundation in the mid-term

own unique ESG management. Toward the emphatic and urgent implementation of this management approach, ESG Management Strategy Meeting is established under the direct control of the President, and ESG will be recognized as the basis for decision-making on future

Philosophy

Spirit of the Founder

"For the prosperity of society, we need to put all of our efforts into creation."

"Our products should not only be technically excellent, but also useful for the good of society."

Founder: Gonshiro Kubota

Kubota Global Identity

Mission

Food, water, and the environment are indispensable for human beings. The Kubota Group continues to support the future of the earth and humanity by contributing products that help the abundant and stable production of food, help supply and restore reliable water, and help create a comfortable living environment through its superior products, technologies, and services.

business development.

Contributing to all ve main themes

DX as a common theme

Click below for the Mid-term	https://www.kubota.com/ir/financial/presentation/data/mp134e.pdf
Business Plan Progress

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Organizational design and management structure after 133rd Ordinary General Meeting of Shareholders

Policy of Organization Structure

Kubota Corporation is basically a company with an Audit & Supervisory Board but also has a voluntary Nomination Advisory Committee and Compensation Advisory Committee. The Company has a wide range of business domain that includes the areas of food, water, and the environment. Considering the scope of this domain, the Company believes that the most appropriate governance structure is one in which the Board of Directors makes decisions on major fundamental management policies, based on the perspectives of internal Directors with in-depth experience and knowledge in particular areas of the Company's businesses as well as the objective viewpoints and broad knowledge of Outside Directors. The Board of Directors also supervises and oversees the Senior Executive Officers' conduct of business. On the other hand, the Audit & Supervisory Board Members, who are legally independent from the Board of Directors, provide a monitoring function through the highly effective, independent audit function. The Company believes having the voluntary Nomination Advisory Committee and Compensation Advisory Committee, where the majority of members are Outside Directors, enables it to secure objectivity and transparency on matters regarding personnel and remuneration of officers, etc., and attain sustainable growth and increase its corporate value in the medium to long term while securing sound, efficient, and effective business operations.

The Company configures its Board of Directors from the perspectives of maintaining the number of members appropriate for ensuring effective discussions at the meetings of the Board of Directors, manifesting its function as a board of directors and ensuring its diversity and maintaining soundness and transparency in management. The Company also considers that the Board of Directors requires skills in areas such as Kubota Production System (KPS) , global management, innovation, digital transformation (DX), and ESG management as the business foundations to be strengthened in order to realize Long-term Vision "GMB2030."

It is important for members of the Board of Directors to complement each other by using their knowledge, experience, and skills, based on diverse values. Shown below is how skills required to realize the Company's Long-term Vision "GMB2030" correspond to their specialties and experience.

Corporate Governance Structure (As of January 1, 2023)

General Meeting of Shareholders

Election/Dismissal

Reporting

Election/Dismissal

Reporting/Proposal

Election/Dismissal

Cooperation

Audit

Consulting

Independent Auditor

Audit & Supervisory Board

Nomination Advisory Committee

Reporting

Board of Directors

(Majority are Independent Outside Directors)

Cooperation

Audit &

Supervisory

Board Members

Reporting

Directors

Consulting

Compensation Advisory Committee

Audit

Cooperation

Reporting

Cooperation

Ofce of Audit &

(Majority are Independent Outside Directors)

Supervisory Board Members

Audit

Reporting

Appointment/Election, Remove/Dismissal & Supervision

President

ESG Management

Other

Reporting

Strategy Conference

Strategy Committees･Committees, etc.

Kubota Group Risk Management Committee

Senior Executive Ofcers

Kubota Production System Strategy Committee

Management Committee

Supervision

Executive Ofcers

IT Management Strategy Committee

Internal Audit

Guidance/Management

Investment Council

Financial Information Disclosure Committee, etc.

Guidance/Assistance

Guidance/Assistance

Internal Audit Execution Departments

Business Domain

(Corporate Auditing Department, Departments in charge of each risk, etc.)

Corporate staffs

Subsidiaries & Afliated Companies

Supervision Conduct of Business Operations

Management structure after 133rd Ordinary General Meeting of Shareholders (planned)

Diversified background of Members

of the Board and Audit &

Supervisory Board Members

				Yuichi	Masato	Dai	Hiroto	Eiji	Shingo	Yuzuru
				Kitao	Yoshikawa	Watanabe	Kimura	Yoshioka	Hanada	Matsuda
				President and	Representative	Executive Vice	Director and	Director and	Director and	Outside
			Position	Representative	Director and Executive	President and	Senior Managing Senior Managing	Managing
			Director
				Director	Vice President	Director	Executive Officer	Executive Officer Executive Officer
	Tenure at the conclusion of this meeting	8 years and	6 years	4 years	1 year	-	-	8 years and
	9 months	9 months
			Outside							●
			KPS(Manufacturing)/				●	●
			Quality control
		Priorityitemsrelatedto Long-termVision"GMB2030"
	Areasof
	Global Management	●	●	●		●	●	●
	expectation/Specialization		Innovations/R&D/DX	●		●	●			●
	Fundamental itemsfor management
	E(Resolution of			●	●	●	●
			environmental issues)
			S(Contributing to society/	●					●
			Empathy and participation
			of stakeholders)
			G (Building Governance)		●					●
			Finance/Accounting		●
			Legal affairs/Compliance
	Experience in corporate management	●						●
		Nomination Advisory Committee	●	●					●
						(chairman)
	Compensation Advisory Committee		●					●
						(chairman)
	1. Full-time Audit & Supervisory Board Members will be determined at the Audit & Supervisory Board meeting held after this General Meeting of Shareholders, and
	meeting of the Board of Directors held after that.
	2. Experience in corporate management among the items of the list above refers to experience as president at listed companies.
	3. Other than members of the Compensation Advisory Committee in the above table, Mr. Kazuhiro Kimura, a Senior Managing Executive Officer, also serves as a
	4. Senior Executive Officers and Executive Officers in charge of the relevant fields attend the meetings of the Board of Directors, depending on the agenda, to
9	improve the effectiveness of the Board.
5. In the list above, up to three of the major skills expected of each member of the Board of Directors based on their experience are marked ●. These skills do not represent

Koichi

Yutaro

Kumi

Koichi

Toshikazu

Yasuhiko

Masashi

Yuichi

Yuri

Keijiro

Ina

Shintaku

Arakane

Kawana

Fukuyama

Hiyama

Tsunematsu

Yamada

Furusawa

Kimura

Outside

Outside

Outside

Outside

Audit &

Audit &

Audit &

Outside Audit

Outside Audit

Outside Audit

Supervisory

Supervisory

Supervisory

& Supervisory

& Supervisory

& Supervisory

Director

Director

Director

Director

Board Member

Board Member

Board Member

Board Member

Board Member

Board Member

7 years and

5 years

2 years

-

8 years and

5 years

1 year

3 years

2 years

1 year

9 months

9 months

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(Observer)

Directors with special titles will be determined at the

https://www.kubota.com/

member of that committee.

Click below for the list of current

Directors and Senior Management

corporate/board/index.html

provide explanations on those agenda in order to

the entirety of the knowledge possessed by each member.

10