Statement re (Rescinded ISO9001 Suspension)

Suspension of ISO9001 and IRIS Certifications of Main Transformer for Electric Train to be Rescinded at Mitsubishi Electric's Transmission & Distribution Systems Center

TOKYO, July 4, 2022 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today, that effective July 1, 2022, per a special audit LRQA Limited will rescind the suspension of the certifications of design, development and manufacture of main transformer for electric train under the ISO 9001 and IRIS certifications at the company's Transmission & Distribution Systems Center (Amagasaki-city, Hyogo Prefecture). The LRQA suspended the ISO 9001 and IRIS certifications on May 6, in connection with the certain quality-related conduct for transformers rated 22kV 2MVA or above at the Center's Ako Factory, as announced on April 21.

The ISO 9001 certification (ISO:2015/JIS Q 9001:2015; registration number ISO 9001 - 0065200, ISO:2015/JIS Q 9001:2015; registration number ISO 9001 - 0067278) is an international standard for quality management systems.

The IRIS certification (IRIS Certification® Conformity assessment :2020 and based on ISO/TS 22163:2017; registration number YKA4005338) is an international standard for the railway industry.

Notice from LRQA on July 1

Certification for which suspension will be rescinded on July 1, 2022

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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