🧾 What This Document Is

This document is an attachment to a Form 3 filing for Honda Motor Co., Ltd. (HNDAF). A Form 3 is an insider ownership report filed with the SEC. This specific attachment is a "Power of Attorney" – a legal document where one person grants another person the authority to act on their behalf.

👉 In simple terms: This is the legal paperwork that allows designated Honda executives to file important SEC documents for an insider, Kazuhiro Takizawa.

👥 The Key People Involved

There are three main roles here:

• The Filer (Grantor): Kazuhiro Takizawa. He is the person giving away certain authority. He is likely an officer or director of Honda.
• The Attorneys-in-Fact (Appointees): Koichi Awano (General Manager, Board of Directors Office) and Kenji Ichinoseki (Department Manager, Investor Relations). These are the trusted Honda executives who will receive the authority.
• The Company: Honda Motor Co., Ltd., the employer.

📜 What the Power of Attorney Allows

This document gives Mr. Awano and Mr. Ichinoseki the power to handle SEC filing logistics for Mr. Takizawa. Their key permissions include:

• Managing EDGAR Access: Handling the official SEC filing system account, passwords, and applications.
• Filing Insider Reports: Preparing and submitting Forms 3, 4, and 5 on his behalf. These forms track insider buying/selling of company stock.
• General Authority: Taking any other necessary steps to complete these tasks.

👉 Why it matters: This is a standard administrative practice. It ensures that a company's required regulatory filings are submitted accurately and on time, even if the specific insider is unavailable.

⚖️ Important Legal Protections & Agreements

The document includes crucial legal clauses:

• Reliance & Indemnity: Mr. Takizawa agrees that his appointees can rely on information he provides. He also promises to protect them (indemnify them) from any losses or legal costs if problems arise from his inaccurate information.
• No Admission of Guilt: Mr. Takizawa formally states he has not been convicted or barred from securities activities, which is a required compliance statement.
• Duration: This power of attorney stays in effect until Mr. Takizawa revokes it in writing.

📅 Key Date & Signature

The document was executed on March 1, 2026, and is signed by Kazuhiro Takizawa.

💡 Why This Matters for Investors

While this document is procedural, it's part of the transparency fabric of the markets.

• It shows corporate governance in action, with clear processes for regulatory compliance.
• The individuals named hold significant corporate governance roles (Board Office and Investor Relations), underscoring the importance of accurate SEC filings.
• It ensures the integrity of the insider trading disclosure system (Forms 3, 4, 5) by authorizing specific people to manage it.

🧠 The Analogy

Think of this as giving a trusted assistant the keys and instructions to handle your most important government paperwork. You're not giving away your house or your job; you're just authorizing someone to navigate the complex paperwork process for you, while you retain ultimate responsibility.

🧩 Final Takeaway

This is a routine but essential legal form that enables efficient SEC compliance for a Honda insider. It highlights the behind-the-scenes administrative work required to maintain transparent and legally compliant public markets.