ORIX : Announcement Regarding Management Changes and Organizational Reform

Announcement Regarding Management Changes and Organizational Reform

Tokyo, Japan - December 9, 2024 - ORIX Corporation ("ORIX") today made public an announcement

regarding management changes and organizational reform.

• Management Changes (Effective as of January 1, 2025)

New Position	Present Position	Name
Member of the Board of Directors	Member of the Board of Directors	Makoto Inoue
Representative Executive Officer	Representative Executive Officer
Chairperson and Chief Executive Officer	President and Chief Executive Officer
	Responsible for Group Strategy
	Business Unit
Member of the Board of Directors	Member of the Board of Directors	Hidetake Takahashi
Representative Executive Officer	Senior Managing Executive Officer
President and Chief Operating Officer	Head of Energy and Eco Services
Responsible for Group Strategy	Headquarters
Business Unit	Group Strategy Business Unit
	Responsible for Global Investment
	Strategy
Member of the Board of Directors	Member of the Board of Directors	Satoru Matsuzaki
Deputy President Executive Officer	Senior Managing Executive Officer
Head of Corporate Business	Head of Corporate Business
Headquarters	Headquarters
Chairperson, ORIX Auto Corporation	Chairperson, ORIX Auto Corporation
Chairperson, ORIX Rentec Corporation	Chairperson, ORIX Rentec Corporation
Executive Officer	Executive Officer	Toyonori Takahashi
Group Kansai Representative	Group Kansai Representative
Senior Managing Executive Officer,	Responsible for Osaka IR Project Office
ORIX Real Estate Corporation	Responsible for Real Estate Sales
Representative Director, Osaka IR KK	Department
	Senior Managing Executive Officer,
	ORIX Real Estate Corporation
	Representative Director, Osaka IR KK
Executive Officer	Executive Officer	Satoshi Matsui
Responsible for Osaka IR Project Office	Head of Osaka IR Project Office
Responsible for Real Estate Sales	Senior Managing Executive Officer,
Department	ORIX Real Estate Corporation
Senior Managing Executive Officer,
ORIX Real Estate Corporation
Executive Officer	Executive Officer	Atsunori Sato
Head of Energy and Eco Services	Deputy Head of Energy and Eco
Headquarters	Services Headquarters

New Position	Present Position	Name
Executive Officer	Operating Officer	Yoshiaki Matsuoka
Group Strategy Business Unit	Group Strategy Business Unit
Responsible for Asia and Australia	Deputy Head of Global Business Group
Business Group
Executive Officer	Operating Officer	Kei Kitagawa
Deputy Head of Global Transportation	Deputy Head of Global Transportation
Services Headquarters	Services Headquarters
Group Managing Executive	Group Managing Executive	Toshinari Fukaya
President, ORIX Real Estate Corporation	President, ORIX Real Estate Corporation
	President, DAIKYO INCORPORATED
Group Managing Executive	Group Executive	Yuji Kamiyauchi
President, ORIX Rentec Corporation	President, ORIX Auto Corporation
Group Executive	Group Executive	Nobuhisa Hosokawa
Senior Managing Executive Officer,	President, ORIX Rentec Corporation
ORIX Real Estate Corporation
President, DAIKYO INCORPORATED
Group Executive	Group Executive	Susumu Naito
President, ORIX Auto Corporation	Deputy President, ORIX Auto
	Corporation
Group Executive	Operating Officer	Naomi Shibuya
Senior Managing Executive Officer,	Deputy Head of Corporate Business
ORIX Auto Corporation	Headquarters
Group Executive	Chief Executive Officer, ORIX Aviation	James Meyler
Chief Executive Officer, ORIX Aviation	Systems Limited
Systems Limited
Retire*	Group Executive	Hiroko Yamashina
	Chairperson, ORIX Asset Management
	Corporation

* Ms. Yamashina will be appointed Advisor of ORIX on January 1, 2025.

• Organizational Reform (Effective as of January 1, 2025)

Global Business Group will be renamed Asia and Australia Business Group.

Contact Information:

Investor Relations and Sustainability Department

ORIX Corporation

Tel: [phone]

About ORIX Group:

ORIX Group (ORIX Corporation TSE: 8591; NYSE: IX) was established in 1964 and has grown from its roots in leasing in Japan to become a global, diverse, and unique corporate group. Today, it is active around the world in financing and investment, life insurance, banking, asset management, real estate, concession, environment and energy, automobile-related services, industrial/ICT equipment, ships and aircraft. Since expanding outside of Japan in 1971, ORIX Group has grown its business globally and now operates in around 30 countries and regions across the world with approximately 34,000 people. ORIX Group unites globally around its Purpose: "Finding Paths. Making Impact." combining diverse expertise and innovative thinking to help our world develop in a sustainable way.

For more details, please visit our website: https://www.orix.co.jp/grp/en/ (As of September 30, 2024)

Caution Concerning Forward Looking Statements:

These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results that differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under "(4) Risk Factors" of the "1. Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2023 - March 31, 2024" furnished on Form 6-K.