REG - Toyota Motor Credit - Publication of Form 8-K

TOYOTA MOTORAnnouncement

14/12/2023 17:45

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RNS Number : 8889W  Toyota Motor Credit Corp  14 December 2023

Publication of Form 8-K - Toyota Motor Credit Corporation

Toyota Motor Credit Corporation has published its Current Report on Form 8-K
dated December 12, 2023, which it has filed with the Securities and Exchange
Commission on December 13, 2023, announcing the following events:

"Toyota Motor Credit Corporation (the "Company" or "TMCC") announced today
that Scott Cooke has been appointed by the Company's Board of Directors (the
"Board") to succeed Mark Templin as the Company's President and Chief
Executive Officer, effective January 2, 2024. Mr. Cooke, who joined Toyota in
2003, was named Senior Vice President of TMCC in January 2022 and has served
as Director of TMCC since June 2019. He was named as Chief Financial Officer
of TMCC in April 2019 and served as a Group Vice President from December 2017
to January 2022. Mr. Cooke has served as Chief Financial Officer of Toyota
Financial Services International Corporation ("TFSIC"), the direct parent of
TMCC, since June 2019.

Mr. Templin is assuming the title of Chairman of the Board of TMCC. Mr.
Templin, who joined Toyota in 1990, will also continue to serve as Director,
President and Chief Operating Officer of TFSIC and Director and Group Chief
Operating Officer of Toyota Financial Services Corporation, the direct parent
of TFSIC and a wholly-owned subsidiary of Toyota Motor Corporation.

James Schofield, 46, will succeed Mr. Cooke as Chief Financial Officer of
TMCC. Mr. Schofield joined TMCC in August 2021 as Vice President of Finance,
Treasury, Competitiveness, Mergers and Acquisitions and was named Group Vice
President in June 2022. Prior to joining TMCC, Mr. Schofield served Lloyds
Banking Group as Managing Director from July 2006 to June 2021. Mr.
Schofield's responsibilities at Lloyds included leading a multinational team
responsible for advising global corporate and real estate clients on financial
risk management, including interest rates, currency, credit, and inflation
exposure.

For additional biographical information on Messrs. Cooke and Templin, please
see pp. 115 - 117 in our Annual Report on Form 10-K for the fiscal year ended
March 31, 2023, which was filed with the Securities and Exchange Commission on
June 2, 2023."

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Mechanism and will be available shortly at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

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