📄 What This Document Is

This filing is a Form 3 with a key attachment: a Power of Attorney. Think of it as a formal "permission slip" filed with the SEC. It's not about Honda's business results; it's a legal procedure for a company insider to legally delegate the task of reporting their personal stock ownership to the government.

👤 The Key People

• The Filer: Fumiya Kokubu. He is an officer and/or director of Honda Motor Co., Ltd.
• The Attorneys-in-Fact: Takanori Kurisu (General Manager of Board of Directors Office) and Kenji Ichinoseki (Department Manager of Investor Relations Department). They are Honda executives granted specific legal powers by Mr. Kokubu.

📜 What This Permission Slip Does

Mr. Kokubu is authorizing Mr. Kurisu and Mr. Ichinoseki to act on his behalf for specific SEC tasks. The main powers granted are:

• 👉 Manage his EDGAR account: Handle the login codes and administrative tasks for his SEC filing account.
• 👉 File his ownership reports: Prepare and submit the legally required Forms 3, 4, and 5. These forms track when insiders buy or sell company stock.

🔧 The Mechanics & The Fine Print

This is where the document gets legally precise. It includes important clauses:

• Sole Responsibility: Mr. Kokubu makes it clear that by accepting this role, Mr. Kurisu and Mr. Ichinoseki (and Honda the company) are not taking on his legal responsibility to comply with insider trading rules (Section 16 of the Exchange Act). The buck stops with him.
• Indemnification: Mr. Kokubu agrees to cover any legal costs or damages his attorneys might face if they get into trouble while acting on his instructions. He essentially says, "If I give you bad information, I'll protect you."
• Clean Record: Mr. Kokubu represents that he has not been criminally convicted or civilly banned for securities law violations.

📅 Duration & Signature

This power of attorney is effective immediately (signed March 1, 2026) and will stay in force until Mr. Kokubu formally revokes it in writing. It's a standing authorization.

⚖️ Why This Matters

• For Efficiency: It's common for busy executives to delegate filing tasks. This ensures compliance isn't missed because the executive was in a meeting.
• For Transparency: The SEC requires these documents to be public, so everyone knows who is legally authorized to file insider ownership reports on behalf of key people at major companies like Honda.
• For You: While this isn't a flashy earnings report, it's a snapshot of corporate governance hygiene. Proper insider reporting is a cornerstone of a fair market.

🧠 The Analogy

This is like the "pit crew authorization" for a Formula 1 driver. The driver (Mr. Kokubu) owns the car (his stock) and is responsible for the race rules. But he gives his trusted crew (Mr. Kurisu and Mr. Ichinoseki) the legal authority to make adjustments, check the gauges (file forms), and manage the pit lane logistics (EDGAR account) on his behalf so he can focus on driving.

🧩 Final Takeaway

This filing is procedural and administrative. It's a necessary legal step that allows Honda's Investor Relations and Board teams to handle the compliance paperwork for an insider's stock transactions, while making it clear the insider himself remains fully responsible.