Mazda and Isuzu enter Pick-up Truck Collaboration Agreement

HIROSHIMA and FUJISAWA Japan - Mazda Motor Corporation (hereafter “Mazda”) and
Isuzu Motors Limited (hereafter “Isuzu”) have reached a basic agreement on
next-generation pick-up truck collaboration, allowing Isuzu to enhance its product
competiveness and Mazda to strengthen its product line-up and maintain own-brand market
coverage.

Isuzu will produce next-generation pick-up trucks for Mazda, based on Isuzu’s pick-up truck
model.

Mazda and Isuzu have developed a collaborative relationship for more than 10 years, with
Isuzu producing for Mazda trucks for the Japanese market. This agreement reinforces the
continuous long-term relationship between Mazda and Isuzu.

<Outline of Mazda-Isuzu Basic Agreement>
Model: Next-generation pick-up truck produced by Isuzu
Producer: Isuzu Motors Limited
Purchaser: Mazda Motor Corporation
Sales area: Worldwide except North America
Start of sales: To be determined