February 14, 2013
Yamaha Motor Co., Ltd. (the "Company") adopted measures against attempts of the acquisition of 20
percent or more of the Company's shares, in accordance with shareholders' approval at the 72nd
Ordinary General Meeting of Shareholders held on March 27, 2007. The Company also resolved to
renew the said measures based on the resolution at the Board of Directors Meeting of the Company
held on February 12, 2010 and shareholders' approval at the 75th Ordinary General Meeting of
Shareholders of the Company held on March 25, 2010 (the "2010 Approved Resolution").
It is our pleasure to announce that, due to the fact that the effective term of the 2010 Approved
Resolution is until the conclusion of the first Board of Directors Meeting to be held after the
conclusion of the 78th Ordinary General Meeting of Shareholders scheduled to be held on March 26,
2013, the Board of Directors Meeting of the
Company at its meeting held on today resolved to continue the said measures in a form that has been
partially revised from the perspective of protecting shareholders and investors on the condition that
approval at the General Shareholders' Meeting is obtained.