Tranche Update on Isuzu Motors Limited's Equity Buyback Plan announced on November 10, 2023.

Isuzu Motors Limited is one of the world's largest commercial vehicles and diesel engines makers. Net sales break down by family of products as follows: - commercial vehicles (68.7%): trucks, buses, pick-up, etc.; - engines and components (6.8%): industrial engines, engines for vehicles and marine engines, etc.; - spare parts (2.2%); - other (22.3%). Net sales are distributed geographically as follows: Japan (34.9%), Asia (28.8%), North America (5.7%) and other (30.6%).