Toyota Motor Corporation

TMC Announces Executive and Organizational Changes

Toyota City, Japan, March 9, 2011—Toyota Motor Corporation (TMC) announces that it will modify its management structures and implement executive, organizational and personnel changes in conjunction with the structural modifications effective April 1, as part of realization of the Toyota Global Vision.

The changes are intended to create structures that can meet the following objectives: 1) convey customer opinions and on-site information to management in a timely manner, 2) make prompt management decisions based on on-site information and 3) make constant checks as to whether management decisions are acceptable to society.

I. Changes to Management Structures

1. Streamlining of board of directors The number of directors will be reduced from 27 to 11. The board of directors will comprise the chairman, president, five executive vice presidents, and the four officers responsible for the Business Development Group, Accounting Group and External Affairs Group (a formal decision will be made at the board of directors meeting held after the 107th General Shareholders Meeting).

2. Scaling down of executive decision-making system - The current three-tier executive system with executive vice presidents, chief officers, and officers responsible for group affairs will be streamlined to two tiers by eliminating the officers responsible for group affairs. - Chief officers will be appointed in a flexible manner from the new positions of senior managing officers or managing officers. The senior managing director position will be eliminated (a formal decision will be made at the board of directors meeting held after the 107th General Shareholders Meeting). There will also be a substantial reduction in the total number of executives from 77 to 60.

3. Changes to structures to allow local decision making by overseas affiliates Regional chief officers will in principle be stationed in their respective regions and the number of executives stationed outside Japan will be increased from 13 to 15. Their divisions’ functions, which are presently performed in Japan, will be transferred overseas in stages.

1/25

4. Changes to structures to ensure that outside opinions are listened to in earnest and reflected in management practices - Regional advisory committees will be established in North America, Europe and Asia. - Prof. Yoko Wake (of Keio University) will be appointed as outside corporate auditor (a formal decision will be made pending approval by the 107th General Shareholders Meeting).

5. Position of executive general manager will be created as non-executive position - Executive general managers will be responsible for areas that require close contact with work sites and the implementation of management. - Executive general managers will fill such posts as grand chief engineers responsible for vehicle development, general managers responsible for technology and plant general managers.

2/25

II. Executive Changes

1. Changes effective April 1

New Senior Managing Officers Name Current Title Masanao Tomozoe Managing officer Real C. Tanguay Managing officer Hirofumi Muta Managing officer

New Managing Officers Name Current Title Shinji Kitada General Manager, China Div. Riki Inuzuka General Manager, Corporate Planning Div. Masahisa Nagata General Manager, Tokyo Engineering Div.

2. Changes* effective as of day of 107th General Shareholders Meeting

Changes Concerning Managing Directors (Formal decision will be made at board of directors meeting held after 107th General Shareholders Meeting) Name Current Title New Title Nobuyori Kodaira Senior managing director Director Mamoru Furuhashi Senior managing director Director Takahiko Ijichi Senior managing director Director Yasumori Ihara Senior managing director Director

Directors Resigning Posts (To take effect on day of 107th General Shareholders Meeting) Name Current Title Katsuaki Watanabe Vice chairman and representative director Kazuo Okamoto Vice chairman and representative director Yoichiro Ichimaru Executive vice president and representative director Akira Okabe Senior managing director Shinzo Kobuki Senior managing director Iwao Nihashi Senior managing director Tetsuo Agata Senior managing director Yoshimi Inaba Director Nampachi Hayashi Director

New Corporate Auditors (Formal decision to be made pending approval at 107th General Shareholders Meeting) Name Current Title Yoichiro Ichimaru (full-time) Executive vice president and representative director Masahiro Kato (full-time) Managing officer Yoko Wake —

3/25

Corporate Auditors Resigning Posts (To take effect on day of 107th General Shareholders Meeting) Name Current Title Yoshikazu Amano Full-time corporate auditor Chiaki Yamaguchi Full-time corporate auditor Yoichi Kaya Corporate auditor

Senior Managing Officer Candidates (Formal decision to be made at board of directors meeting held after 107th General Shareholders Meeting) Name Current Title Nobuyori Kodaira* Senior managing director Akira Sasaki Senior managing director Mamoru Furuhashi* Senior managing director Tadashi Yamashina Senior managing director Takahiko Ijichi* Senior managing director Masamoto Maekawa Senior managing director Yasumori Ihara* Senior managing director Takahiro Iwase Senior managing director Yoshimasa Ishii Senior managing director Takeshi Shirane Senior managing director Mitsuhisa Kato Senior managing director *Will also hold the position of director

Managing Officers Resigning Posts (To take effect on day of 107th General Shareholders Meeting) Name Tatsuya Kaneko Takahiro Fujioka Yasushi Kohara Takuo Matsui Norihiko Arai Masahiro Kato Kenji Suzuki Mitsuhiro Sonoda Masashi Isogai Hiroshi Miyata Takuo Sasaki

4/25

3. Executives (Effective April 1, 2011)

1) Board of Directors Name Title Fujio Cho Chairman and representative director Katsuaki Watanabe Vice chairman and representative director Kazuo Okamoto Vice chairman and representative director Akio Toyoda President and representative director Takeshi Uchiyamada Executive vice president and representative director Yukitoshi Funo Executive vice president and representative director Atsushi Niimi Executive vice president and representative director Shinichi Sasaki Executive vice president and representative director Yoichiro Ichimaru Executive vice president and representative director Satoshi Ozawa Executive vice president and representative director Nobuyori Kodaira Senior managing officer Akira Okabe Senior managing officer Shinzo Kobuki Senior managing officer Akira Sasaki Senior managing officer Mamoru Furuhashi Senior managing officer Iwao Nihashi Senior managing officer Tadashi Yamashina Senior managing officer Takahiko Ijichi Senior managing officer Tetsuo Agata Senior managing officer Masamoto Maekawa Senior managing officer Yasumori Ihara Senior managing officer Takahiro Iwase Senior managing officer Yoshimasa Ishii Senior managing officer Takeshi Shirane Senior managing officer Mitsuhisa Kato Senior managing officer Yoshimi Inaba Director Nampachi Hayashi Director

2) Corporate Auditors Name New Title Yoshikazu Amano Full-time corporate auditor Chiaki Yamaguchi Full-time corporate auditor Masaki Nakatsugawa Full-time corporate auditor Yoichi Kaya Corporate auditor Yoichi Morishita Corporate auditor Akishige Okada Corporate auditor Kunihiro Matsuo Corporate auditor

5/25

3) Senior Managing Officers (New) Name Masanao Tomozoe Real C. Tanguay Hirofumi Muta

4) Managing Officers Name Name Tatsuya Kaneko Yoshihiko Matsuda Takahiro Fujioka Masashi Isogai Shigeki Suzuki Syunichi Konishi Katsutada Masumoto Hiroshi Miyata Yasushi Kohara Koichi Sugihara Shigeru Hayakawa Kazuhiro Miyauchi Hisayuki Inoue Takuo Sasaki Hiroji Onishi Satoru Mouri Keiji Masui Hiroyoshi Yoshiki Kenji Miura Osamu Nagata Kiyotaka Ise Moritaka Yoshida Didier Leroy Yoichi Inoue Hiroyuki Yokoyama Steve St. Angelo Koei Saga Johan van Zyl Shigeki Terashi Kunihiko Ogura Soichiro Okudaira Kazuhiro Kobayashi Hiroyuki Ochiai Kazuo Ohara Yasuo Kawada Shuichi Koyama Naoki Miyazaki Shigeki Tomoyama James E. Lentz Satoshi Takae Takuo Matsui Kazuya Inagaki Norihiko Arai Tokuo Fukuichi Masahiro Kato Shinji Kitada* Kenji Suzuki Riki Inuzuka* Mitsuhiro Sonoda Masahisa Nagata* *Newly appointed

6/25 4. Executives’ areas of responsibility (Effective April 1, 2011)

1) Executive Vice Presidents Name Current New Takeshi - Product Management Research & Development Uchiyamada - Research & Development Yukitoshi - Government & Public Affairs - Asia & Oceania Operations Funo - Asia & Oceania Operations - Middle East, Africa and Latin America - Middle East, Africa and Latin America Operations Operations - External Affairs - Operation Planning and Support - Operation Planning and Support Atsushi Niimi - North America Operations - North America Operations - China Operations - China Operations - Strategic Production Planning - Production Control - Production Engineering - Production Engineering - Manufacturing - Manufacturing Shinichi - Business Development - Business Development Sasaki - IT & ITS - IT & ITS - Information Systems - Information Systems - Purchasing - Purchasing - Customer Service Operations - Customer Service Operations - Quality - Quality Yoichiro - Corporate Planning Japan Sales Business Ichimaru - Japan Sales Business Satoshi - General Administration & Human - Europe Operations Ozawa Resources - General Administration & Human - Accounting Resources - Europe Operations - Accounting

7/25 2) Senior Managing Directors, Senior Managing Officers and Managing Officers Name Current New Nobuyori Senior managing director Senior managing director Kodaira - Business Development Group (chief - Corporate Planning Div. (chief officer) officer) - Environmental Affairs Div. (chief officer) - IT & ITS Group (chief officer) - IT & ITS Group - Corporate Planning Div. (chief officer) - Environmental Affairs Div. (chief officer) Akira Senior managing director Senior managing director Okabe - Asia & Oceania Operations Group (chief Middle East, Africa and Latin America officer) Operations Group - Middle East, Africa and Latin America Operations Group (chief officer) Shinzo Senior managing director Senior managing director Kobuki - R&D Group 2 (chief officer) — - R&D Management Div. (chief officer) - Higashifuji Technical Administration Division (chief officer, general manager, Higashifuji Technical Center) - Vehicle Control System Development Div. (chief officer) - Advanced Vehicle Control System Development Div. - Automotive Software Engineering Div. Akira Senior managing director Senior managing director Sasaki - China Operations Group (chief officer) - China Operations Group (chief officer) - China Office - Toyota Motor (China) Investment Co., Ltd. Mamoru Senior managing director Senior managing director Furuhashi - Government & Public Affairs Group (chief - External Affairs Group (chief officer) officer) - Tokyo Secretarial Div. - Tokyo General Administration Div. Iwao Senior managing director Senior managing director Nihashi - Customer Service Operations Group — (chief officer) - Quality Group (chief officer) - TQM Promotion Div. (chief officer) Tadashi Senior managing director Senior managing director Yamashina - Technical Administration Group (chief - Technical Administration Group (chief officer) officer) - Sports Vehicle Management Div. (chief - R&D Group 1 (chief officer) officer) - Motor Sports Div. (chief officer) - Motor Sports Div. (chief officer) Takahiko Senior managing director Senior managing director Ijichi - General Administration & Human Accounting Group (chief officer) Resources Group (chief officer) - Accounting Group (chief officer) - Information Systems Group (chief officer) - Global Audit Dept.

8/25 Tetsuo Senior managing director Senior managing director Agata Toyota Motor Engineering and — Manufacturing North America, Inc. Masamoto Senior managing director Senior managing director Maekawa Japan Sales Business Group (chief Japan Sales Business Group (chief officer) officer) Yasumori Senior managing director Senior managing director Ihara - Purchasing Group (chief officer) - Corporate Planning Div. (chief officer) - Corporate Planning Div. (chief officer) - Purchasing Group (chief officer) - Research Div. (chief officer) - Global Audit Dept. Takahiro Senior managing director Senior managing director Iwase - Production Engineering Group (chief - Asia & Oceania Operations Group officer) (chief officer) - Manufacturing Group (chief officer) - Toyota Motor Asia Pacific Pte Ltd. (Singapore) - Toyota Motor Asia Pacific Engineering & Manufacturing Co., Ltd. Yoshimasa Senior managing director Senior managing director Ishii - Europe Operations Group (chief officer) Operation Planning & Support Group - Operation Planning & Support Group (chief officer) (chief officer) Takeshi Senior managing director Senior managing director Shirane - Strategic Production Planning Group - Production Control Group (chief (chief officer) officer) - Global Production Center (general - Manufacturing Group (chief officer) manager) Mitsuhisa Senior managing director Senior managing director Kato - Value Analysis Development Div. (chief Product Development Group (chief officer) officer) - Customer Service Operations Group (deputy chief officer) - Product Development Group (chief officer) - R&D Group 1 (chief officer) Yoshimi Director Director Inaba - North America Operations Group (chief - Toyota Motor North America, Inc. officer) - Toyota Motor Sales, U.S.A., Inc. - Toyota Motor North America, Inc. Nampachi Director Director Hayashi - Strategic Production Planning Group — - Production Engineering Group - Manufacturing Group Masanao Managing officer Senior managing officer Tomozoe North America Div. Toyota Motor North America, Inc. Real C. Managing officer Senior managing officer Tanguay Toyota Motor Engineering and Toyota Motor North America, Inc. Manufacturing North America, Inc.

9/25 Hirofumi Managing officer Senior managing officer Muta - Safety & Health Promotion Div. Production Engineering Group (chief - Plant Engineering Div. officer) - Vehicle Quality & Production Engineering Div. - Production Engineering Innovation Div. - Production Engineering Planning Div. - Miyoshi Plant (plant general manager) - Tahara Plant (plant general manager) Tatsuya Managing officer Managing officer Kaneko - Japan Product Planning Div. — - Netz channel Operations Div. Takahiro Managing officer Managing officer Fujioka - TQM Promotion Div. — - Takaoka Plant (plant general manager) - Tsutsumi Plant (plant general manager) Shigeki Managing officer Managing officer Suzuki - Environmental Affairs Div. Material Engineering Field (field general - Intellectual Property Div. manager) - Future Project Div. - Battery Research Div. Material Engineering Field - Material Engineering Management Div. - Organic Material Engineering Div. - Metallic & Inorganic Material Engineering Div. - Battery Material Engineering Div. - Advanced Material Engineering Div. Katsutada Managing officer Managing officer Masumoto - Customer Service Planning Div. Customer Service Operations Group - Toyota Sales Logistics Div. (chief officer) - Technical Service Div. - Japan Service Field Operations Div. - Overseas Service Field Operations Div. - C&A Development Div. - Japan Parts Div. - Overseas Parts and Accessories Div. - Service Parts Logistics Div. Yasushi Managing officer Managing officer Kohara - Dealer Development Div. — - Dealer Operations Div. - Toyota channel Operations Div. Shigeru Managing officer Managing officer Hayakawa - Corporate Citizenship Div. Public Affairs Div. (chief officer) - Public Affairs Div. Hisayuki Managing officer Managing officer Inoue - Middle East, Southwest Asia Sales and Middle East, Africa and Latin America Marketing Div. Operations Group (chief officer) - Africa Div. - Latin America and Caribbean Div. - Middle East, Africa, Latin America & Caribbean Planning Div.

10/25 Hiroji Managing officer Managing officer Onishi - TMAP Div. -Toyota Motor Asia Pacific Pte Ltd. - Asia & Oceania Div. (Singapore) -TMAP-Japan Keiji Masui Managing officer Managing officer - Body Parts Purchasing Div. Purchasing Group (deputy chief officer) - Materials & Facilities Purchasing Div. Kenji Miura Managing officer Managing officer - Logistics Administration Div. - Production Control Group (deputy - Production Parts Logistics Div. chief officer) - Vehicle Logistics Div. - Miyoshi Plant (plant general manager) - Service Parts Logistics Div. - Myochi Plant (plant general manager) - Myochi Plant (plant general manager) - Kinuura Plant (plant general manager) Kiyotaka Managing officer Managing officer Ise - Design Quality Innovation Div. Lexus Group (general manager) - Sports Vehicle Management Div. - Product Development Management Div. - Lexus Product & Marketing Planning Div. (general manager) Didier Managing officer Managing officer Leroy Toyota Motor Europe NV/SA - Europe Operations Group (chief officer) - Toyota Motor Europe NV/SA Hiroyuki Managing officer Managing officer Yokoyama - Technical Service Div. - Quality Group (chief officer) - Customer Relations Div. - Quality Group - Customer Quality Engineering Div. Koei Saga Managing officer Managing officer Drivetrain Engineering Field Drivetrain Engineering Field (field - Drivetrain Engineering Management Div. general manager) - Drivetrain Engineering Div. 1/Div. 2/Div. 3 Hybrid Vehicle Engineering Field - Advanced Drivetrain Engineering Div. (regional chief officer) Hybrid Vehicle Engineering Field - Hybrid Vehicle Engineering Management Div. - Hybrid Vehicle Management System Development Div. - Hybrid Vehicle Power Train Development Div. - Hybrid Vehicle Battery Unit Development Div. - Hybrid Vehicle Advanced Technology Engineering Div. Shigeki Managing officer Managing officer Terashi - Toyota Motor Engineering and Toyota Motor Engineering and Manufacturing North America, Inc. Manufacturing North America, Inc. - Toyota Technical Center, U.S.A., Inc. Soichiro Managing officer Managing officer Okudaira - Value Analysis Development Div. - R&D Group 2 (chief officer) - EQ Planning & Development Div. - R&D Management Div. (chief officer) - Toyota Development Center 2 (general - Higashifuji Technical Administration manager) Div. (chief officer)

11/25 Hiroyuki Managing officer Managing officer Ochiai Toyota Motor Europe NV/SA Toyota Motor Europe NV/SA Yasuo Managing officer Managing officer Kawada - Honsha Plant (plant general manager) - Honsha Plant (plant general manager) - Motomachi Plant (plant general - Motomachi Plant (plant general manager) manager) Naoki Managing officer Managing officer Miyazaki - Legal Div. General Administration & Human - Secretarial Div. Resources Group (chief officer) - General Administration Div. - Human Resources Div. - Labor Relations Div. - Toyota Institute - Toyota Technical Skills Academy - Medical Support Div. James E. Managing officer Managing officer Lentz Toyota Motor Sales, U.S.A., Inc. Toyota Motor Sales, U.S.A., Inc. Takuo Managing officer Managing officer Matsui Europe Div. — Norihiko Managing officer Managing officer Arai - Used Car Business Div. — - Vehicle-Connected Product Business Div. - Japan Fleet Business Div. - Japan Rental & Leasing Business Div. - Toyopet channel Operations Div. Masahiro Managing officer Managing officer Kato Toyota Motor (China) Investment Co., Ltd. — Kenji Managing officer Managing officer Suzuki - Research Div. — - Product Management Div. - Sports Vehicle Management Div. Mitsuhiro Managing officer Managing officer Sonoda - Toyota Motor Asia Pacific Engineering & — Manufacturing Co., Ltd. - Toyota Motor Asia Pacific Pte Ltd (Singapore) Yoshihiko Managing officer Managing officer Matsuda Engine Engineering Field Engine Engineering Field (field general - Engine Engineering Management Div. manager) - Engine Management System Development Div. - New Engine Development Div. - Engine Engineering Div. 1/Div. 2 - Advanced Power Train Engineering Div. 1/Div. 2 Masashi Managing officer Managing officer Isogai - Engineering Data Control & — Management Div. - Technical Administration Div. - Regulation & Certification Div. - Tokyo Engineering Div. - Prototype Production Div.

12/25 Shunichi Managing officer Managing officer Konishi - Japan Sales Planning Div. Japan Sales Business Group (deputy - Corolla channel Operations Div. chief officer) Hiroshi Managing officer Managing officer Miyata - IT & ITS Planning Div. — - Automotive Software Engineering Div. Electronics Engineering Field - Electronics Development Div. 1/Div. 2/Div. 3 - Electronics Engineering Div. 1/Div. 2 - Electronics Laboratory Div. Koichi Managing officer Managing officer Sugihara - Kamigo Plant (plant general manager) - Kamigo Plant (plant general manager) - Shimoyama Plant (plant general - Shimoyama Plant (plant general manager) manager) Kazuhiro Managing officer Managing officer Miyauchi - Purchasing Project Management Div. Toyota Motor Engineering and - Unit Parts Purchasing Div. Manufacturing North America, Inc. Takuo Managing officer Managing officer Sasaki - Accounting Div. — - Finance Div. - Cost KAIZEN Div. Satoru Managing officer Managing officer Mouri China Div. Japan Sales Business Group (deputy chief officer) Hiroyoshi Managing officer Managing officer Yoshiki - Production Control Div. Technical Administration Group (deputy - Project Planning & Management Div. chief officer) - Kinuura Plant (plant general manager) Osamu Managing officer Managing officer Nagata - Overseas External Affairs Div. - External Affairs Group - Government & Industrial Affairs Div. (deputy chief officer) Moritaka Managing officer Managing officer Yoshida - Toyota Development Center 1 (general - Toyota Development Center 1(center manager) general manager) - Vehicle Control System Development Control System Engineering Field (field Div. general manager) - Advanced Vehicle Control System Electronics Engineering Field (chief Development Div. officer)

13/25 Yoichi Managing officer Managing officer Inoue - Production Engineering Development Production Engineering Group (deputy Div. chief officer) - Partner Robot Div. - Measurement & Instrumentation Engineering Div. - Power Train & Chassis Production Engineering Div. - Foundry Engineering Div. - Forging & Surface Modification Engineering Div. - Machining & Assembly Fundamental Production Engineering Div. - Engine Production Engineering Div. - Drive Train, Hybrid Vehicle Power Train & Chassis Production Engineering Div. - Battery & Fuel Cell Production Engineering Div. Steve St. Managing officer Managing officer Angelo Toyota Motor Engineering and Toyota Motor Engineering and Manufacturing North America, Inc. Manufacturing North America, Inc. Johan van Managing officer Managing officer Zyl - Toyota South Africa Motors (Pty) Ltd. - Middle East, Africa and Latin America - Africa Div. Operations Group (deputy chief officer) - Toyota South Africa Motors (Pty) Ltd Kunihiko Managing officer Managing officer Ogura Guangzhou Toyota Motor Co., Ltd. Guangzhou Toyota Motor Co., Ltd. Kazuhiro Managing officer Managing officer Kobayashi - Sales Operation Planning Div. Operation Planning & Support Group - Product Planning Div. (deputy chief officer) Kazuo Managing officer Managing officer Ohara - Lexus Japan Sales & Marketing Div. Lexus Group (deputy chief officer) - Lexus Product & Marketing Planning Div. - Lexus Development Center Shuichi Managing officer Managing officer Koyama - Vehicle Structure Planning Div. Toyota Development Center 3 (center - Toyota Development Center 3 (general general manager) manager) Body Engineering Field (field general Body Engineering Field manager) - Body Engineering Management Div. Customer Service Operations Group - Upper Body Design Div. 1/Div. 2/Div. 3 - Interior Design Div. - Advanced Body Technology Development Div.

14/25 Shigeki Managing officer Managing officer Tomoyama - Business Development Div. - Business Development Group (chief - Marine & Unit Business Div. officer) - Biotechnology & Afforestation Business - IT & ITS Group (chief officer) Div. - Information Systems Group (chief - IT & ITS Planning Div. officer) - e-TOYOTA Div. - IT Management Div. - Corporate IT Div. - Engineering IT Div. - Engineering Data Control & Management Div. Satoshi Managing officer Managing officer Takae - Production & Logistics Engineering Div. - Takaoka Plant (plant general manager) - Stamping Production Engineering Div. - Tsutsumi Plant (plant general - Body Assembly Engineering Div. manager) - Surface Finishing Engineering Div. - Hirose Plant (plant general manager) - General Assembly Engineering Div. - Plastic Parts Engineering Div. - Hirose Plant Planning & Administration Div. (plant general manager) - Hirose Plant Quality Control Div. - Electronic Components Production Engineering Div. - Hirose Plant Electronic Components Manufacturing Div. - Teiho Plant Machinery & Die Engineering Administration Div. (plant general manager) - Mechatronics Systems Div. - Stamping Die & Tool Div. - Die & Mold Div. Kazuya Managing officer Managing officer Inagaki - Advanced CAE Div. Vehicle Evaluation & Engineering Field Vehicle Evaluation & Engineering Field (regional chief officer) - Vehicle Evaluation Management Div. Chassis Engineering Field (regional - Vehicle Evaluation & Engineering Div. chief officer) 1/Div. 2 - Vehicle Engineering Development Div. - Shibetsu Vehicle Evaluation & Engineering Div. Chassis Engineering Field - Chassis Engineering Management Div. - Chassis Development Div. 1/Div. 2 - Chassis Engineering Div. 1/Div. 2 Tokuo Managing officer Managing officer Fukuichi - Global Design Management Div. Design Group (chief officer) - Design Administration Div. - Advanced Design Div. - Design Development Div. - LEXUS Design Div. - Toyota Design Div.

15/25 Shinji — Managing officer Kitada - China Operations Group (chief officer) - Toyota Motor (China) Investment Co., Ltd. - China Division (will also serve as general manager) Riki — Managing officer Inuzuka - Corporate Planning Division (will also serve as general manager) - Research Division (chief officer) Masahisa — Managing officer Nagata Toyota Motor Europe

16/25

5. Executive lineup following 107th General Shareholders Meeting

Formal appointment of directors and corporate auditors will be made pending approval at the 107th General Shareholders Meeting. Formal appointment of managing directors and appointment of representative directors will be made at the board of directors meeting following the 107th General Shareholders Meeting.

1) Board of Directors Name Title Fujio Cho Chairman and representative director Akio Toyoda President and representative director Takeshi Uchiyamada Executive vice president and representative director Yukitoshi Funo Executive vice president and representative director Atsushi Niimi Executive vice president and representative director Shinichi Sasaki Executive vice president and representative director Satoshi Ozawa Executive vice president and representative director Nobuyori Kodaira Director Mamoru Furuhashi Director Takahiko Ijichi Director Yasumori Ihara Director

2) Corporate Auditors Name Title Yoichiro Ichimaru* Full-time corporate auditor Masaki Nakatsugawa Full-time corporate auditor Masahiro Kato* Full-time corporate auditor Yoichi Morishita Corporate auditor Akishige Okada Corporate auditor Kunihiro Matsuo Corporate auditor Yoko Wake * Corporate auditor *Newly appointed

17/25 3) Senior Managing Officers Name Nobuyori Kodaira* Akira Sasaki Mamoru Furuhashi* Tadashi Yamashina Takahiko Ijichi* Masamoto Maekawa Yasumori Ihara* Takahiro Iwase Yoshimasa Ishii Takeshi Shirane Mitsuhisa Kato Masanao Tomozoe Real C. Tanguay Hirofumi Muta *Will also hold the position of director

4) Managing Officers Name Name Shigeki Suzuki Kazuhiro Miyauchi Katsutada Masumoto Satoru Mouri Shigeru Hayakawa Hiroyoshi Yoshiki

Hisayuki Inoue Osamu Nagata

Hiroji Onishi Moritaka Yoshida

Keiji Masui Yoichi Inoue

Kenji Miura Steve St. Angelo

Kiyotaka Ise Johan van Zyl

Didier Leroy Kunihiko Ogura

Hiroyuki Yokoyama Kazuhiro Kobayashi Koei Saga Kazuo Ohara Shigeki Terashi Shuichi Koyama Soichiro Okudaira Shigeki Tomoyama Hiroyuki Ochiai Satoshi Takae Yasuo Kawada Kazuya Inagaki Naoki Miyazaki Tokuo Fukuichi James E. Lentz Shinji Kitada Yoshihiko Matsuda Riki Inuzuka Shunichi Konishi Masahisa Nagata Koichi Sugihara

18/25 6. Areas of Responsibility of Executive Vice Presidents Following 107th General Shareholders Meeting Name New Takeshi Research & Development Uchiyamada Yukitoshi - Asia & Oceania Operations Funo - Middle East, Africa and Latin America Operations - External Affairs, Operation Planning & Support Atsushi Niimi - North America Operations - China Operations - Production Control - Production Engineering - Manufacturing Shinichi - Business Development Sasaki - IT & ITS - Information Systems - Purchasing - Japan Sales Business - Customer Service Operations - Quality Satoshi - Europe Operations Ozawa - General Administration & Human Resources - Accounting

19/25 III. Organizational Changes and Personnel Changes (Effective April 1, 2011)

1. Organizational Changes

Groups

Former New

Lexus Group (Newly established) Government & Public Affairs Group External Affairs Group (Restructured) Strategic Production Planning Group Production Control Group (Name changed)

Centers

Former New

Product Development Group Product Development Group Toyota Development Center 1 Toyota Development Center 1 (Restructured) Toyota Development Center 2 Toyota Development Center 2 (Restructured) Toyota Development Center 3 Toyota Development Center 3 (Restructured)

Fields and Plants

Former New

R&D Group 2 R&D Group 2 . Vehicle Control System Field (Newly established) Engine Engineering Field Engine Engineering Field (Reorganized) Advanced Power Train Engineering Field

(Reorganized)

Manufacturing Group Hirose Plant (Newly established) Divisions

1) Divisions not Belonging to a Group

Former New

Government & Public Affairs Group Division not belonging to a group Public Affairs Div. Public Affairs Div. (Transferred)

20/25 2) Lexus Group

Former New

Operation Planning & Support Group Lexus Group Lexus Product & Marketing Planning Div. Lexus Product & Marketing Planning Div. (Transferred)

3) North America Operations Group, Europe Operations Group and Asia & Oceania Operations Group

Former New

North America Operations Group North America Operations Group North America Div. TMA-Japan (Restructured)

Europe Operations Group Europe Operations Group Europe Div. TME-Japan (Restructured)

Asia & Oceania Operations Group Asia & Oceania Operations Group TMAP Div. TMAP-Japan (Restructured) Asia & Oceania Div.

4) Operation Planning & Support Group

Former New

Division not belonging to a group Operation Planning & Support Group Product Management Div. Product Management Div. (Transferred)

5) Quality Group

Former New

Division not belonging to a group Quality Group TQM Promotion Div. TQM Promotion Div. (Transferred)

21/25 6) Product Development Group

Former New

Technology division not belonging to a group Product Development Group Sports Vehicle Management Div. Sports Vehicle Management Div. (Transferred)

Direct Report Product Development Group

Value Analysis Development Div. (Transferred) Value Analysis Development Div.

(Transferred) Product Development Group

LEXUS Development Center (Eliminated)

7) R&D Group 2

Former New

Technology division not belonging to a group Vehicle Control System Field Vehicle Control System Development Div. Vehicle Control System Development Div. (Transferred) Advanced Vehicle Control System Development Div. Advanced Vehicle Control System Development

Div. (Transferred)

Automotive Software Engineering Div. Automotive Software Engineering Div.

(Transferred)

Engine Engineering Field Advanced Power Train Engineering Field Advanced Power Train Engineering Div. 1 Advanced Power Train Engineering Div. 1 (Transferred)

Advanced Power Train Engineering Div. 2 Advanced Power Train Engineering Div. 2 (Transferred)

8) Production Engineering Group

Former New

Production division not belonging to a group Production Engineering Group Battery Production Engineering Development Div. Battery Production Engineering Development Div. (Transferred)

Production Engineering Group Production Engineering Group Teiho Plant Machinery & Die Engineering Teiho Machinery & Die Engineering

Administration Div. Administration Div. (Name changed)

22/25 9) Manufacturing Group

Former New

Tahara Plant Tahara Plant Plastics Molding Div. Paint & Plastics Molding Div. (Restructured) Manufacturing Div. 1 Final Assembly Div. (Restructured) Manufacturing Div. 2 Manufacturing Div. 3 Lexus Manufacturing Div. (Name changed)

Production Engineering Group Hirose Plant Hirose Plant Planning & Administration Div. Planning & Administration Div. (Name changed) Hirose Plant Quality Control Div. Quality Control Div. (Name changed) Electronic Components Production Engineering Div. Electronic Components Production Engineering Div. (Transferred)

Hirose Plant Electronic Components Manufacturing Electronic Components Manufacturing Div.

Div. (Name changed)

As a result of the above changes, the number of divisions will decrease from 243 to 235.

2. Promotion of Executive General Managers and Areas of Responsibility Name Former New Toshiaki Advanced Power Train Engineering Div. Advanced Power Train Engineering Tanaka (general manager) Field (Field GM) Takeshi Motomachi Plant Final Assembly Div. Tahara Plant (plant general manager) Numa (general manager) Hayato Tianjin FAW Toyota Motor Co., Ltd. Tianjin FAW Toyota Motor Co., Ltd. Shibakawa (seconded) Satoshi Toyota Development Center 1 (chief Toyota Development Center 1 (chief Ogiso engineer) engineer)

3. Changes in Level 1 Personnel Name Former New Masato North America Div. (general manager) TMA-Japan (department general Yamanami manager) Masato Europe Div. (general manager) - TME-Japan (department general Hotsuta manager) - Toyota Motor Europe (Seconded) Makoto Toyota Motor Europe S.A./N.V. TMAP-Japan (project general manager) Sasagawa (seconded) Hiroyuki Asia & Oceania Div. (general manager) TMAP-Japan (project general manager) Niwa

23/25 Yasuhiro TMAP Div. (general manager) TMAP-Japan (project general manager) Yomoda Daisuke Mitsubishi Aircraft Corporation Business Development Div. (project Minamitani general manager) Hiroyuki Connected Vehicle Product Planning e-TOYOTA Div. (general manager) Yamada Dept. (department general manager) Shinji Technical Service Div. (project general Technical Service Div. (general Yamaguchi manager) manager) Jun Harada Engine Engineering Management Div. Tokyo Engineering Div. (general (general manager) manager) Seiya - Toyota Development Center 1 (project BR-NAC Dept. (project general Nakao general manager) manager) - BR-NAC Dept. (department general manager and chief engineer) Motoharu - BR-NAC Dept. (chief engineer) - BR-NAC Dept. (department general Araya - Toyota Motor Engineering and manager and chief engineer) Manufacturing North America, Inc. (seconded) (seconded) - Toyota Motor Engineering and Manufacturing North America, Inc. Kyoichi Safety & Health Promotion Div. (project Safety & Health Promotion Div. (general Mano general manager) manager) Sunao Vehicle Quality & Production Engineering Vehicle Quality & Production Sakamoto Div. (project general manager) Engineering Div. (general manager) Kazuhiro Vehicle Quality & Production Engineering Motomachi Plant Final Assembly Div. Sano Div. (general manager) (general manager) Shuichi Tahara Plant Manufacturing Div. 2 Tahara Plant Administration Div. (project Mekata (general manager) general manager) Keiji Sudo Europe Div. (project general manager) Toyota Motor Europe S.A./N.V. (seconded) Tomoya Toyota Motor Europe N.V./S.A. (seconded) Aisan Industry Co., Ltd. (seconded) Ishida Katsuji Production Engineering Planning Div. Akebono Brake Industry Co., Ltd. Hidaka (project general manager) (seconded) Kenji Kaida Production Engineering Planning Div. Sakabe Industry Co., Ltd. (seconded) (project general manager) Atsushi Toyota Motor Engineering and JTEKT Corporation (seconded) Kume Manufacturing North America, Inc. (seconded) Takashi Overseas External Affairs Div. (project The Energy Conservation Center, Japan Tsurusawa general manager) (seconded) Shinichi Safety & Health Promotion Div. (general Daihatsu Motor Co., Ltd. (seconded) Mukoda manager) Keiji Technical Service Div. (general manager) TACTI Corporation (seconded) Takemoto Manabu Vehicle Quality & Production Engineering Chuo Spring Co., Ltd. (seconded) Tsuboi Div. (project general manager)

24/25 Hiroshi Ito Toyota Motor Manufacturing France The Toyota Foundation (seconded) S.A.S. (seconded) Masahiro Hybrid Vehicle Engineering Field Toyota Technical Development Corp. Inazu Hybrid Vehicle Management System (seconded) Development Div. (project general manager) Masaru Technical Administration Div. (project Toyota Technical Development Corp. Ogino general manager) (seconded) Toshio Engine Engineering Field Nagoya Electrical Educational Fujimura Engine Engineering Management Div. Foundation (seconded) (project general manager) Kenji Kamigo Plant Engine Manufacturing Div.1 Mori Seiki Co., Ltd. (seconded) Manabe (project general manager) Ryo Hikita Netz channel Operations Div. (project Netz Toyota Chukyo Co., Ltd. general manager) (seconded) Yukio Japan Parts Div. (project general Toyota Tokyo Parts Distributor Co., Ltd. Yabuuchi manager) (seconded) Motoki Japan Parts Div. (project general Toyota Parts Distributor Co., Ltd. Miyake manager) (seconded)

END

25/25

Contact: Americas, Europe and Africa Group +81-3-3817-9628/9161 or Asia, Oceania and Middle East Group +81-3-3817-9182/9174