🧾 What This Document Is

This is an "EX-24" filing attached to a Form 3 for Honda. It's not a financial report, but a legal document called a Power of Attorney. It exists to let someone else handle official SEC paperwork on behalf of an insider, ensuring important ownership filings happen on time.

👉 In simple terms: It's like giving a trusted colleague permission to manage your official "insider paperwork" with the government.

👥 The Key Players

• Filer (The "Principal"): Masao Kawaguchi. He is an officer and/or director at Honda, making him a company "insider."
• Appointed Attorneys-in-Fact:
  1. Koichi Awano, General Manager of the Board of Directors Office.
  2. Kenji Ichinoseki, Department Manager of the Investor Relations Department.
• Company: Honda Motor Co., Ltd. (a Japanese corporation).

⚖️ The Powers Granted

Mr. Kawaguchi gives Awano and Ichinoseki the authority to act as his agents for SEC matters. They can:

• Manage his EDGAR account (the SEC's electronic filing system).
• Prepare and file Forms 3, 4, and 5 for him. These forms track insider stock transactions and ownership.
• Do anything else necessary to complete these tasks.

👉 Why it matters: Insiders must file these forms quickly after buying/selling shares. This document ensures the process isn't delayed if Mr. Kawaguchi is unavailable, keeping Honda in compliance.

🛡️ Legal Protections & Promises

The document includes key legal clauses:

• No Reliance Risk: The appointed attorneys and the company aren't taking on Mr. Kawaguchi's legal duty to comply with insider trading laws (Section 16).
• Clean Record: Mr. Kawaguchi formally states he has not been convicted or banned for securities law violations. This is a standard but crucial representation of trust.
• Indemnification: If the attorneys follow Mr. Kawaguchi's instructions and get sued because of information he provided, he agrees to cover their legal costs and losses.

📅 Duration & Execution

This Power of Attorney is effective as of March 1, 2026. It stays in full force until Mr. Kawaguchi formally revokes it in writing. He signed it to make it official.

🌍 Why This Matters for Honda & Investors

For a massive global company like Honda, numerous officers and directors must file insider reports. This document:

• Signals Good Governance: It shows a formal process is in place for accurate and timely disclosure.
• Maintains Transparency: It helps ensure the market gets reliable information about insider ownership, which can be a signal of management's confidence.
• Reduces Operational Risk: Prevents missed filing deadlines due to a single person's schedule.

🧠 The Analogy

Think of this as a "corporate pit crew" authorization. Just as a race car driver signs forms to let their certified crew make critical adjustments during a stop, Mr. Kawaguchi is authorizing his trusted colleagues to make the necessary "regulatory pit stops" with the SEC, keeping his compliance race on track.

🧩 Final Takeaway

This filing is a standard but important back-office compliance tool. It ensures Honda's insider ownership disclosures happen smoothly by legally appointing specific company officials to handle the process, reinforcing the company's commitment to regulatory transparency.