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Notice Concerning the Decision of the Acquisition of Treasury Stock (Acquisition of Treasury Stock Pursuant to the Articles of Incorporation Based on the Provision of Article 165, Paragraph 2 of the Companies Act)

IWATA, March 23, 2022 - Yamaha Motor Co., Ltd. (Tokyo: 7272) announces that, at the meeting of the Board of Directors held today, the following items related to the acquisition of treasury stock based on the application of the provisions of Article 156 of Japan’s Companies Act pursuant to the rewording of Article 165-3 were resolved. The details are as follows.
 
1. Reason for Acquisition of

Yamaha Motor (TOKYO:7272) is a world-leading producer of motorcycles, marine products, power products and robotics.

Yamaha Motor (TOKYO: 7272) is a world-leading enterprise manufacturing land-mobility such as motorcycles, all-terrain vehicles, and electrically power assisted bicycles, marine products such as boats and outboard motors, robotics products such as surface mounters and drones, as well as engagement in the finance business. The company's diverse businesses and wide variety of products are built around its proprietary technologies focused on powertrain, chassis and hull, electronic control, and manufacturing technologies. Yamaha Motor operates global development, production and sales networks through 140 subsidiaries and equity-method affiliates in 30 countries and regions, working to realize our Corporate Mission of being s "Kando* Creating Company."
About 90% of consolidated net sales are generated in more than 180 countries and regions outside of Japan.
Please visit http://global.yamaha-motor.com.

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