RNS Number : 7126N

Mitsubishi Corporation

01 October 2021

Translation of report filed with the Tokyo Stock Exchange on October 1, 2021

October 1, 2021

To Whom It May Concern

Company name	Mitsubishi Corporation
Representative	Takehiko Kakiuchi,President and Chief Executive Officer
Code Number	8058
Contact	Takuma Okamoto, Press Relations Team Leader, Corporate Communications TEL +81-3-3210-2171

Notification of Change in Status of MC Subsidiary (to that of Specified Subsidiary)

This is to inform you that the status of Mitsubishi Corporation (MC) subsidiary Diamond Distributed Energy Investments, LLC (DDEI) has been changed to that of a specified subsidiary. Details are outlined below.

１．Reason for Change

Due to recent business reorganizations, MC's interest in DDEI increased to a larger-than-10% share on August 3, 2021, thus satisfying the condition for DDEI to be re-designated as a "specified subsidiary" of MC.

２．DDEI Profile

(1)	Company Name	Diamond Distributed Energy Investments, LLC
(2)	Address	850 New Burton Road, Suite 201, Dover, DE 19904, U.S.A.
(3)	Representative	Masanori Kohama CEO of Diamond Generating Corporation (DGC), Sole Member of DDEI and MC subsidiary based in the US.
(4)	Operations	Management of entities engaged in distributed solar power generation.
(5)	Capital	365,021,655 USD (as of August 3, 2021)
(6)	Date of Establishment	June 29, 2021
(7)	Main Shareholders and Investment Ratio	Diamond Distributed Energy Management, LLC (DDEM) 100%
(8)	Relationship with the Listed Company	Capital	DDEI is a wholly owned subsidiary of DDEM, of which MC is the sole owner through its US-based subsidiary DGC.
		Personnel	There are currently no MC employees seconded to DDEI.
		Business	MC currently has no business relationship with DDEI.

３．Outlook

This change in status is not expected to have any impact on MC's business performance.

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