ANNOUNCEMENT OF CHANGE OF TOP MANAGEMENT

Jan. 31, 2019

Please be advised that the Board of Directors of Komatsu Ltd. (hereinafter “Komatsu”) made a resolution concerning the change of representative directors' positions as follows in the Board meeting held today (January 31, 2019).

1. Reason(s) for the Change

Komatsu has upheld the “Together We Innovate GEMBA Worldwide: Growth Toward Our 100th Anniversary (2021) and Beyond” three-year mid-range management plan to be completed in the fiscal year ending March 31, 2019. Under this plan, Komatsu has focused its efforts on 1) Growth strategies based on innovation, 2) Growth strategies of existing businesses, and 3) Structural reforms designed to reinforce the business foundation. Together with new mid-range management plan (FY2019-FY2021), starting in next fiscal year, Komatsu is going to rejuvenate its management team for further growth.

2. Names and New Positions As of April 1, 2019

Kunio Noji and Mikio Fujitsuka will both retire from the position of Director and assume the position of Senior Adviser, upon closing of the annual shareholders’ meeting scheduled for mid June 2019.

3. Curriculum Vitae of the New Representative Director

New Title: President and CEO
Name: Hiroyuki Ogawa
Date of Birth: March 23, 1961
Birthplace: Osaka
Education: Graduated from Kyoto University, Master of Engineering in March 1985
Business Career: April 2019 President and CEO (Planned)
November 2018 Director and Senior Executive Officer, Responsible for the Mid-range Management Plan
June 2018 Director and Senior Executive Officer, President, Production Division, GM, Manufacturing Engineering Development Center, Responsible for the Mid-range Management Plan
April 2018 Senior Executive Officer, President, Production Division, GM, Manufacturing Engineering Development Center, Responsible for the Mid-range Management Plan
April 2016 Senior Executive Officer, President, Production Division
April 2014 Representative of All Indonesia Operations, Chairman, PT Komatsu Marketing and Support Indonesia
April 2013 Executive Officer, President, Procurement, Production Division
April 2010 Executive Officer, Plant Manager, Ibaraki Plant
April 2009 Deputy Plant Manager, Osaka Plant
April 2007 General Manager, Planning & Administration Dept. Osaka Plant
April 2004 Plant Manager, Chattanooga Plant, Komatsu America Corp
April 1985 Joined Komatsu Ltd.
The number of shares of common stock held by him: 19,100 shares (as of the date of submission)
Others: 1) Motto Behave consistent with one’s words.
2) Family Wife and a son
3) Interest Reading and golfing

4. Appointment Date

April 1, 2019

No : 076 (2822)
Corporate Communications Department
Sustainability Promotion Division
Komatsu Ltd.
tel: +81-(0)3-5561-2616
mail: JP00mb_cc_department@global.komatsu

*The information described is at the time of presentation and may be subject to advance notice.