Publication of Form 8-K

Summary by AI ^BETAClose X

Toyota Motor Credit Corporation announced on September 30, 2025, the resignation of James Schofield from his position as Group Vice President and Chief Financial Officer. Schofield's departure is linked to his new role as President of Toyota Financial Savings Bank (TFSB). Simultaneously, the Board of Directors appointed Tellis Bethel as the new Group Vice President and Chief Financial Officer. Bethel, age 49, will retain his position as Chief Executive Officer and President of TFSB, a role he has held since August 2024. Prior to that, from June 2022 to August 2024, Bethel was Group Vice President and Chief Social Innovation Officer for Toyota Motor North America.

Disclaimer*

Toyota Motor Credit Corp

01 October 2025

Publication of Form 8-K - Toyota Motor Credit Corporation

Toyota Motor Credit Corporation has published its Current Report on Form 8-K which it has filed with the Securities and Exchange Commission on 30 September 2025, announcing the following events:

"Effective September 30, 2025, James Schofield resigned from his role as Group Vice President and Chief Financial Officer of Toyota Motor Credit Corporation (the "Company" or "TMCC"), in connection with his appointment as President of Toyota Financial Savings Bank ("TFSB").

The Board of Directors of TMCC has appointed Tellis Bethel, as Group Vice President and Chief Financial Officer. Mr. Bethel, 49, has served as Chief Executive Officer and President of TFSB since August 2024 and will continue to serve as Chief Executive Officer of TFSB. Mr. Bethel served as Group Vice President and Chief Social Innovation Officer for Toyota Motor North America from June 2022 to August 2024. Prior to that, Mr. Bethel was Vice President of Voluntary Protection Products for TMCC from January 2021 to June 2022. Mr. Bethel served as General Manager of Finance and Business Analytics of TMCC from April 2019 to January 2021, where he was responsible for finance functions and analytics for sales and marketing. Mr. Bethel joined TMCC in 2010."

A copy of this announcement will be submitted to the National Storage Mechanism and will be available shortly at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism

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