Update on Member of Takeda’s Board of Directors

OSAKA, Japan and CAMBRIDGE, Massachusetts, May 9, 2024 – Takeda (TSE:4502/NYSE:TAK) today announced with great sadness that Mr. Olivier Bohuon, an external director on Takeda’s Board of Directors, passed away on May 5, 2024. Mr. Bohuon served as a member of the Board since January 2019 and was a member of the Compensation Committee.

Christophe Weber, Representative Director, President & Chief Executive Officer, Commented:

“It is with great sadness that I share the passing of our longstanding Board Member, Olivier Bohuon. Olivier joined Shire's Board of Directors in 2015 and came to Takeda's Board through the acquisition. He was a respected and caring leader during his tenure working with many members of our executive team, and he will be greatly missed by all who were fortunate enough to know him. We extend our deepest condolences to Olivier’s family and friends.”

On March 27, 2024, Takeda announced to propose eleven (11) candidates, including Mr. Bohuon, for directors who are not Audit and Supervisory Committee members at the 148th Ordinary General Meeting of Shareholders scheduled for June 26, 2024^*. Takeda’s Board of Directors today decided to propose ten (10) candidates for directors who are not Audit and Supervisory Committee Members, excluding Mr. Bohuon, without appointing any other candidates. There are no changes regarding the four (4) candidates for directors who are Audit and Supervisory Committee Members.

^* Please refer to “Takeda Announces Candidates for Board of Directors at Upcoming Shareholders Meeting”, dated on March 27, 2024.

About Takeda

Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.

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