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Carolyn DuChene joins Board of Directors of MUFG Americas Holdings Corporation and U.S. Advisory Board

1. Carolyn DuChene joins MUFG's board effective January 1, 2026. 2. Her extensive regulatory experience strengthens MUFG's risk management capabilities. 3. DuChene previously worked at OCC focusing on operational risk management. 4. Executive Chairman emphasizes her leadership will enhance governance.

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Why Bullish?

The appointment of a highly qualified director can improve market perception. Historical instances show governance enhancements positively influence stock performance.

How important is it?

The article highlights a key leadership change that can impact MUFG's governance strategy. Governance expertise is increasingly crucial for financial firms in maintaining compliance and stakeholder trust.

Why Long Term?

Strengthening governance and risk management is a strategic ongoing process. Positive outcomes from such initiatives often manifest over time.

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NEW YORK, Dec. 31, 2025 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups, today announced that Carolyn DuChene has been elected to the board of directors for MUFG Americas Holdings Corporation and the MUFG U.S. Advisory Board, effective January 1, 2026.

Ms. DuChene has nearly four decades of experience in bank supervision, regulatory affairs, and risk management. She retired from MUFG in 2025 after serving as Managing Director and Head of Regulatory Operations & Affairs, where she was a member of the Executive Committee for the Americas. During her tenure, she led enterprise regulatory program management, strengthened governance and risk ownership across business lines, and elevated the organization's standing with primary regulators.

Prior to joining MUFG in 2021, Ms. DuChene spent more than 30 years at the Office of the Comptroller of the Currency (OCC). Her roles included Examiner in Charge in Large Bank Supervision and Deputy Comptroller for Operational Risk and Core Policy, where she advised senior OCC leadership on operational risk, information technology, payments, governance, and the supervision by risk framework. She is widely recognized for her leadership in operational risk management and cybersecurity, and has contributed to industry guidance, publications, and keynote forums.

Ms. DuChene holds a bachelor's degree in accounting and economics from Drake University.

"We are pleased to welcome Carolyn to the board of directors and the U.S. Advisory Board," said Executive Chairman Hiroshi Kawano. "Her deep regulatory expertise and proven leadership will be invaluable as we continue to strengthen our governance and risk management practices."

About MUFG and MUFG Americas

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexible response to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.

MUFG's Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest internationally-headquartered financial institutions in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com.

©2025 Mitsubishi UFJ Financial Group, Inc. All rights reserved. The MUFG logo and name is a service mark of Mitsubishi UFJ Financial Group, Inc., and is used by MUFG Union Bank, N.A., with permission. Member FDIC. Equal Housing Lender.

Press contact:

Daniel Weidman

media@us.mufg.jp

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/carolyn-duchene-joins-board-of-directors-of-mufg-americas-holdings-corporation-and-us-advisory-board-302650941.html

SOURCE MUFG Bank, Ltd.

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