Overview of Murata’s Corporate Governance System

●Board of Directors^*
The Board of Directors decides on our basic management direction and particularly important matters for execution, and supervises duties implemented by Members of the Board of Directors. The company appoints at least one-third of their directors as independent outside directors.

●Audit and Supervisory Committee^*
The Audit and Supervisory Committee establishes auditing guidelines and plans, and based on these, in addition to attending important meetings, audits the legitimacy and appropriateness of duties implemented by the Members of the Board of Directors by conducting surveys of the status of operations and corporate finances with the cooperation of departments involved in the company’s internal control system.
The Committee may state their opinions in relation to appointment and remuneration of the Members of the Board of Directors at General Meetings of Shareholders.
At present, three of the Members of the Board of Directors who are Audit and Supervisory Committee Members possess a considerable degree of knowledge in the areas of finance and accounting. The Committee has one fulltime member who shares information concerning the status of operations and corporate finances with part-time members.

●Nomination Advisory Committee/Remuneration Advisory Committee^*
These Committees have been established as advisory bodies for the Board of Directors in order to enhance its independence, objectivity, and accountability in relation to the nomination and remuneration of executives.
To Nomination of candidates for Members of the Board of Directors Page
To Remuneration for Member of the Board of Directors Page

●Management Committee
The Management Committee has been established as a deliberative body to assist the Board of Directors and the Representative Director in making decisions. It is made up of members of the Board of Directors excluding Audit and Supervisory Committee Members and Outside Directors, creating a system for deliberation on management issues specified by the Company regulations.

●Vice Presidents
In order to realize more rapid management judgments and more flexible execution in Board of Directors, a Vice Presidents system has been introduced, and our Vice Presidents execute their duties with authority and responsibilities.

●CSR Management Committee
The CSR Management Committee has been established to continuously and systematically promote CSR management, including initiatives related to sustainability, and further entrench CSR within the company and serves as a main office to handle issues outside the company. The CSR Management Committee regularly reports to the Board of Directors regarding the status of its activities.

●Risk Management Committee
The Risk Management Committee discusses company-wide risks that may affect Murata’s business activities and corresponding countermeasures. It regularly reports to the Board of Directors and the Management Committee regarding the status of its activities.

●Internal Control Committee
The Internal Control Committee is responsible for the maintenance and continual improvement of the system to secure the appropriateness of the company’s operation (the internal control system) and evaluates and examines the status of the maintenance and operation of the system. The Internal Control Committee regularly reports to the Board of Directors regarding the status of its activities.

• ^＊Please refer to the ESG Data Collection for information on the number of meetings and attendance rates of Board of Directors and each committee.

• To the ESG Data Collection Page