On May 10, 2024, the Board of Directors of Hitachi Zosen Corporation passed a resolution to distribute dividends from surplus with a date of record of March 31, 2024. In light of the fact that the business results for the current fiscal year significantly exceeded its initial forecast, the Company have decided to pay a year-end dividend of JPY 23 per share for the current fiscal year, an increase of JPY 5 from the latest forecast. As a result, the dividend payout ratio for the current fiscal year will be 20.4%.

Effective date is June 21, 2024.