Escorts Kubota Limited announced the resignation of Mr. Shiro Watanabe and Mr. Yuji Tomiyamaas nominee directors of the Company, with effect from February 8, 2024, due to their pre-occupation in other professional assignments and the resignations were accepted and noted by the Board on February 8, 2024. The board of directors has appointed Mr. Shingo Hanada and Mr. Nobushige Ichikawa as Additional Directors of the Company. The appointment of Mr. Hanada and Mr. Ichikawa were approved by the Board on February 8, 2024.

Mr. Shingo is a Bachelor of Law, he has been working for Kubota Corporation for almost 35 years in various Management position in Japan. In the year 2019, he has become the Senior Executive Officer of Kubota Corporation and General Manager of Outdoor Power Equipment Division. At present he is Director and Senior Managing Executive Officer of Kubota General Manager of Farm and Industrial Machinery Strategy and Operations Headquarters, Deputy General Manager of Planning and Control Headquarters and Deputy General Manager of Innovation Center.

Mr. Ichikawa is a Post Graduate in Masters of Science and Engineering, he has been working for Kubota for almost 35 years in various Management positions in Japan. In 2018 he has entered in Farm Machinery Engineering Europe Department and at present he is Managing Executive Officer of Kubota Corporation, General Manager of Tractor Division, General Manager of Tractor Engineering Management Unit and deputy General Manager of Research and Development Headquarters.