Please be advised that the Board of Directors of Komatsu Ltd. (hereinafter “Komatsu”) made a resolution concerning the change of representative directors' positions as follows in the Board meeting held today (January 31, 2019).

1. Reason(s) for the Change

Komatsu has upheld the “Together We Innovate GEMBA Worldwide: Growth Toward Our 100th Anniversary (2021) and Beyond” three-year mid-range management plan to be completed in the fiscal year ending March 31, 2019. Under this plan, Komatsu has focused its efforts on 1) Growth strategies based on innovation, 2) Growth strategies of existing businesses, and 3) Structural reforms designed to reinforce the business foundation. Together with new mid-range management plan (FY2019-FY2021), starting in next fiscal year, Komatsu is going to rejuvenate its management team for further growth.

2. Names and New Positions　As of April 1, 2019

Kunio Noji and Mikio Fujitsuka will both retire from the position of Director and assume the position of Senior Adviser, upon closing of the annual shareholders’ meeting scheduled for mid June 2019.

3. Curriculum Vitae of the New Representative Director

New Title	President and CEO
Name	Hiroyuki Ogawa
Date of Birth	March 23, 1961
Birthplace	Osaka
Education	Graduated from Kyoto University, Master of Engineering in March 1985
Business Career	April 2019　President and CEO (Planned)
	November 2018　Director and Senior Executive Officer, Responsible for the Mid-range Management Plan
	June 2018　Director and Senior Executive Officer, President, Production Division, GM, Manufacturing Engineering Development Center, Responsible for the Mid-range Management Plan
	April 2018　Senior Executive Officer, President, Production Division, GM, Manufacturing Engineering Development Center, Responsible for the Mid-range Management Plan
	April 2016　Senior Executive Officer, President, Production Division
	April 2014　Representative of All Indonesia Operations, Chairman, PT Komatsu Marketing and Support Indonesia
	April 2013　Executive Officer, President, Procurement, Production Division
	April 2010　Executive Officer, Plant Manager, Ibaraki Plant
	April 2009　Deputy Plant Manager, Osaka Plant
	April 2007　General Manager, Planning & Administration Dept. Osaka Plant
	April 2004　Plant Manager, Chattanooga Plant, Komatsu America Corp
	April 1985　Joined Komatsu Ltd.
The number of shares of common stock held by him	19,100 shares (as of the date of submission)
Others	1) Motto　Behave consistent with one’s words.
	2) Family　Wife and a son
	3) Interest　Reading and golfing