HIROSHIMA, Japan—Mazda Motor Corporation has announced the new line-up of directors and corporate auditors proposed to take effect following the 144th general meeting of shareholders and the board of directors’ meeting scheduled for June 24, 2010.

Hisakazu Imaki, representative director and chairman of the board, and Nobuhiro Hayama, director and senior managing executive officer, will step down from their positions, and Thomas A.H. Pixton, Akira Marumoto and Masamichi Kogai, who currently serve as senior managing executive officers, will be promoted to directors. Mr. Pixton will be named representative director by a resolution of the board of directors at its meeting immediately following the shareholders’ meeting.

After stepping down from his post, Mr. Imaki will be named Supreme Executive Advisor. Mr. Yamanouchi will assume the post of chairman of the board in addition to his duties as president and chief executive officer.

Shigeki Wakamatsu will step down as full-time corporate auditor and Kazuyuki Mitate, who currently serves as general manager of the Corporate Communications Division, will be newly appointed.

With regard to Mr. Imaki’s retirement, Mr. Yamanouchi said, “I would like to express my heartfelt gratitude to Mr. Imaki for his tremendous contribution and service to the company. I have asked him to offer advice from a broader perspective as Supreme Executive Advisor.”

Mr. Yamanouchi added, “Since joining Mazda more than 45 years ago Mr. Imaki has worked primarily in the areas of production engineering and manufacturing and contributed greatly to the company’s growth. During his term as president from 2003 through 2008, the company posted increases in revenues and profits for seven consecutive years and achieved record profits. While serving as president, Mr. Imaki also promoted the strengthening of the company’s product and brand strategy and led the development of the next-generation SKY Concept powertrains. In November 2008, just after the global financial crisis struck, Mr. Imaki introduced a new line-up of corporate officers. He was named chairman of the board, I became president, and the entire management team steered the company through the unprecedented economic crisis. In the fiscal year ending March 2010 the company posted an operating profit and is on the road to recovery, so Mr. Imaki has taken this opportunity to retire from day-to-day management.

Directors and Corporate Auditors to step down from their positions:

Brief Personal Record of New Appointees to the Post of Director

Thomas A.H. Pixton

Akira Marumoto

Masamichi Kogai

Brief Personal Record of New Corporate Appointee to the Post of Auditor

Kazuyuki Mitate