Statement re (Director Candidates)

Mitsubishi Electric Announces Director Candidates

TOKYO, March 31, 2022 - Mitsubishi Electric Corporation (TOKYO: 6503) announces the candidates for Directors elected at the meeting of the Nomination Committee held on March 31, 2022.

It should be noted that in conjunction with the discovery of improper quality control practices at Mitsubishi Electric, the company is currently undergoing a company-wide investigation on improper quality control practices by an Investigative Committee of external experts and an assessment of the company's overall internal control and governance systems by the Governance Review Committee. Accordingly, all candidates for Directors who are currently serving as Directors and Executive Officers are tentative candidates. Upon receipt of the report on the results of the investigation and assessment by the Investigative Committee and the Governance Review Committee, the company intends to once again review and determine the candidates for Directors.

1. Director Candidates (current positions)

Mitoji Yabunaka (Director)

Hiroshi Obayashi (Director (Attorney-at-law, Obayashi Law Office))

Kazunori Watanabe (Director (Certified Public Account, Tax Accountant, Kazunori Watanabe Certified     Public Accountant & Tax Accountant Office))

Hiroko Koide (Director)

Takashi Oyamada (Director (Senior Advisor, MUFG Bank, Ltd.))

Tatsuro Kosaka (Senior Advisor, Chugai Pharmaceutical Co., Ltd.) [new candidate]

Hiroyuki Yanagi (Adviser, Yamaha Motor Co., Ltd.) [new candidate]

Kei Uruma (Director, Representative Executive Officer, President & CEO)

Tadashi Kawagoishi (Director, Executive Officer (Accounting and Finance, CFO))

Kuniaki Masuda (Director, Executive Officer (General Affairs and Human Resources))

Jun Nagasawa (Representative Executive Officer, Senior Vice President (Auditing, Legal Affairs &

          Compliance and Corporate Communication (Sustainability, Public Relations and Advertising), CCO) [new candidate]

Kunihiko Kaga (Executive Officer (Corporate Strategic Planning and Operations of Associated

                       Companies, CSO)) [new candidate]

Notes:

1) Titles in parentheses are current positions and assignments at Mitsubishi Electric and important concurrent positions at other companies as of March 31, 2022.

2) Current Directors, Messrs. Yabunaka, Obayashi, Watanabe, Oyamada, Uruma, Kawagoishi, and Masuda and Ms. Koide, and current Executive Officers, Messrs. Nagasawa and Kaga are tentative candidates.

3) Messrs. Yabunaka, Obayashi, Watanabe, Oyamada, Kosaka and Yanagi and Ms. Koide are Outside Director candidates.

2. Retiring Directors

Masahiko Sagawa (Director)

Takashi Sakamoto (Director)

3. New Candidates

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About Mitsubishi Electric Corporation

With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its "Changes for the Better." The company recorded a revenue of 4,191.4 billion yen (U.S.$ 37.8 billion*) in the fiscal year ended March 31, 2021. For more information, please visit www.MitsubishiElectric.com

*U.S. dollar amounts are translated from yen at the rate of ¥111=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2021