News Release：Pioneer Announces Executive Appointments

Pioneer Corporation today announced the following executive appointments, effective June 1, 2025:

Siva Subramanian, the current Chief Executive Officer of Mobility AI & Connectivity Company, will be elevated to the position of Executive Officer. In his new capacity, Subramanian will continue to assume the responsibilities of the CEO of Mobility AI & Connectivity Company.

Werner Koestler, currently Executive Fellow, will be promoted to the position of Executive Officer, assuming the role of Managing Director of Mobility Product Company, in charge of EU and North American OEM business.

Under its Corporate Vision of “Creating the Future of Mobility Experiences,” Pioneer is undergoing a transformation into a solutions company. This transformation is being executed by the following four internal business entities:

• Mobility Product Company, responsible for sound business and business with global automakers
• Mobility Service Company, responsible for B2B and B2C mobility services business
• Mobility Consumer Company, responsible for consumer mobility products business
• Mobility AI & Connectivity Company, responsible for automotive camera AI and connected solutions business

With the appointment of these two new members to the leadership team, Pioneer has set its sights on accelerating the growth of its automotive camera AI solutions business and its business with automakers outside Japan.