Mitsubishi Motors : Announcement of Freeze of Introduction of New Models to European Market

Mitsubishi Motors Corporation, at its July 27, 2020 board of directors meeting, resolved to freeze the introduction of new models to the European market.

Sales of existing models will continue.

Additionally, after-sales and services will continue, for customers who prefer to use Mitsubishi products.

The forecast of costs to be incurred due to the freeze on introduction of new vehicle models has already been reflected in the earnings forecast for fiscal year 2020 that we announce today. The specific amount is currently being examined. We will make an announcement promptly if further related matters for disclosure arise.

Name of Company: Mitsubishi Motors Corporation

Representative: Takao Kato

Representative Executive Officer, CEO

(7211, TSE 1st section)

Contact: Keiko Sasaki

General Manager, IR Office

(TEL. [phone])

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