ORIX Corporation announced following management changes, effective as of January 1, 2016: Kazuo Kojima appointed as Director, Representative Executive Officer, Deputy President and Chief Financial Officer, Responsible for Corporate Planning Department. Tamio Umaki appointed as Director, Representative Executive Officer, Deputy President Head of Human Resources and Corporate Administration Headquarter Responsible for Secretarial Office Responsible for Group Internal Audit Department. Katsunobu Kamei appointed as Director, Group Executive Vice President, President, ORIX Auto Corporation Chairman, ORIX Rentec Corporation. Yuichi Nishigori appointed as Director, Corporate Executive Vice President Head of Energy and Eco Services Business Headquarters. Kiyoshi Fushitani appointed as Corporate Executive Vice President Head of Global Business and Alternative Investment Headquarters Head of Global Transportation Services Headquarters Head of East Asia Business Headquarters. Satoru Katahira appointed as Corporate Senior Vice President Chief Information Officer Head of OQL Business and Sales Promotion Headquarters Responsible for IT Planning Office Responsible for Public Sector Project Management Department President, ORIX Business Center Okinawa Corporation. Shuji Irie appointed as Corporate Senior Vice President Head of Investment and Operation Headquarters Responsible for Concession Business Development Department. Satoru Matsuzaki appointed as Executive Officer Head of Tokyo Sales Headquarters. Masaaki Kawano appointed as Executive Officer Responsible for Corporate Communications Department Responsible for Legal and External Relations Department Responsible for Group Compliance Department Responsible for Group IoT Business Department Responsible for Business Development Department I and II Responsible for Robeco Group. Shinichi Obara appointed as Executive Officer Head of Kinki Sales Headquarters Group Kansai Deputy Representative Director, ORIX Baseball Club Co. Ltd. Shuichi Murakami appointed as Executive Officer Deputy Head of Risk Management Headquarters General Manager of Investment and Credit Evaluation Department. Harukazu Yamaguchi appointed as Executive Officer Deputy Head of Global Business and Alternative Investment Headquarters General Manager of International Business Group. Hiroko Yamashina appointed as Group Executive President, ORIX Credit Corporation. Eiji Mitani, Corporate Senior Vice President, Head of Kinki Sales Headquarters, Group Kansai Deputy Representative; Shigeki Seki, Executive Officer, Deputy Head of Human Resources and Corporate Administration Headquarters; Tsukasa Kimura, Executive Officer Deputy Head of Energy and Eco Services Business Headquarters, General Manager of Technical Administration Department; Ryuhei Sakamoto, Executive Officer, Deputy Head of Treasury Headquarters, Responsible for Airport Operation Project Office; and Masatoshi Kemmochi, Group Senior Vice President, Vice Chairman, ORIX Real Estate Corporation retire from their respective positions.

The company also announced that the Group IoT Business Department will be newly established and Retail Business Planning Office will be integrated into Group IoT Business Department, effective as of January 1, 2016.