Notification of Independent Directors

and the transaction value in any of the last three fiscal years is less than 1% of the total sales amount of the Company and its major subsidiaries. [...] and the transaction value in any of the last three fiscal years is less than 1% of the total sales amount of the Company and its major subsidiaries, and of Honda Motor Co., Ltd. [...] of the Company are listed and the criteria of independence for independent directors stipulated by the Company. [...] 　A person who does not fall under any of the following items for the most recent 3 fiscal years: （1）A business executor of the Company's business partner exceeding the standards set forth by the Company (*1); （2）A business executor of the Company's lender exceeding the standards set forth by the Company (*2); （3）An individual providing specialized services, such as a consultant, an accountant or a. [...] *2 Items to check regarding the attributes of each Director/Auditor 　a．An executive of the listed company or its subsidiary 　b．A non-executive director or an accounting advisor of the listed company or its subsidiary (in the case of an Outside Auditor) 　c．An executive or a non-executive director of a parent company of the listed company 　d．An auditor of a parent company of the listed company (in t.