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Announcement of Personnel Changes

May 14, 2014

IWATA, May 14, 2014 - Yamaha Motor Co., Ltd. announces the following personnel changes, effective May 15, 2014.

1. Changes in a group company
(Name) (New position) (Current position)
President of Zhangzidao Yamaha
(Dalian) FRP Boat Co., Ltd.
Senior Manager of Boat Business
Unit, Marine Business Operations

Main businesses of the group companies referenced above;
Zhangzidao Yamaha (Dalian) FRP Boat Co., Ltd.: Manufacturing, sales, and export of FRP commercial fishing boats, utility boats, fishing boats, and pleasure boats, marina management and comprehensive marina facilities consulting work in China.

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