Withdrawal of IATF16949 Certifications

for Mitsubishi Electric's Himeji and Sanda Works

TOKYO, December 1, 2022 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the IATF16949 certifications for the company's Himeji Works (Himeji-City, Hyogo Prefecture) and Sanda Works (Sanda-City, Hyogo Prefecture) have been withdrawn by Bureau Veritas Japan Co., Ltd., effective November 30. This follows a special assessment conducted in the wake of the temporary suspension of the said certifications effective July 29, in connection with the certain quality-related conduct at both of the works, as announced on May 25.

Mitsubishi Electric will make every effort to promptly reacquire certifications. The IATF16949 certification (IATF16949:2016; registration number IATF16949 - 405336 and 404739 (Himeji Works) / IATF16949 - 427618 (Sanda Works)) is an international standard for automotive quality management systems.

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About Mitsubishi Electric Corporation

With more than 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 4,476.7 billion yen (U.S.$ 36.7 billion*) in the fiscal year ended March 31, 2022. For more information, please visit www.MitsubishiElectric.com

*U.S. dollar amounts are translated from yen at the rate of \122=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2022