Canon Inc. approved a change of the Company’s Representative Directors at the meeting of its Board of Directors held on May 1, 2020, as follows. Masaya Maeda, President & COO, made a request to resign on May 1, 2020, due to health reasons. As a result, the Company passed a resolution to have Fujio Mitarai, Chairman & CEO, serve concurrently as President & COO at the meeting of its Board of Directors held on May 1, 2020. The Company will aim to raise corporate value even further by strengthening and enhancing its management structure going forward.