Toyota's Strategic Investment Subsidiary Toyota Invention Partners Appoints Michiko Kato as New Representative Director and CEO

Toyota Invention Partners Corporation (hereinafter referred to as TIP), a strategic investment subsidiary of Toyota Motor Corporation, announced today that Kenta Kon retired as Representative Director and CEO on April 1st, and Michiko Kato was appointed as his successor to the same position.

Kato, newly appointed as Representative Director and CEO, will develop TIP's activities to the next phase by enhancing investment functions and expanding business collaborations.

### Michiko Kato Biography

In 2020, she joined TRI-AD, the predecessor of Woven by Toyota, and was deeply involved in the establishment of Woven Capital, leading global strategic investments. Previously, she was responsible for investments and M&A at Morgan Stanley, International Finance Corporation, Unison Capital, etc., and also served as CFO of startup ABEJA, handling strategic planning and fundraising. She earned her Master of Business Administration from Harvard Business School.

Michiko Kato Comment

Under the group vision of "Inventing the Next Path," the 18 Toyota Group companies are returning to their origins of "invention" and challenging themselves to explore the future of "Mobility for All." We believe that by collaborating with external partners who possess cutting-edge technologies and business models, and Toyota, which has a mobility platform, we can create new value that cannot be achieved alone.

Based on "Partnerships through Investment," TIP aims to promote long-term business collaboration with like-minded companies and to become a "catalyst" that generates new collaborations and challenges within the group.

Furthermore, we will further strengthen collaboration with Toyota Ventures and Woven Capital, which are Toyota's corporate venture capital firms, and in the next phase, we will realize value creation through the diversification of investment stages and business domains.