Mitsubishi UFJ Lease & Finance Company Limited (the "Company") has announced the absorption-type merger (the "Merger") between the Company and Hitachi Capital Corporation ("Hitachi Capital") effective on April 1, 2021. At the Company's board of directors meeting, Tadashi Shiraishi, current Chairman (Representative Director), and Toshimitsu Urabe, current Deputy President (Representative Director), of the Company, expressed their intention to retire from their respective offices upon the Business Integration, subject to the effectuation of the Merger.