Kawasaki Kisen Kaisha : Notice of occurrence of Non-Operating Income by dividends income

N E W S L E T T E R

June 7, 2024

Notice of occurrence of Non-Operating Income by dividends income

Kawasaki Kisen Kaisha, Ltd. (hereafter, "the Company") will account following dividends income on Non-Operating Income of non-consolidated financial results for the fiscal year ending March 31, 2025.

1. Outline of dividends

Based on today's resolution at the general meeting of shareholders of OCEAN NETWORK EXPRESS PTE. LTD., our affiliate company accounted with equity method, the Company will receive dividends of about 335 million U.S. Dollars (Approx. 52.5 billion Japanese Yen) in the first quarter of current fiscal year. The dividend is scheduled to be received on June 18, 2024.

1. Impact on The Company's business performance

The Company will account aforementioned dividends income on Non-Operating Income of non-consolidated financial results for the fiscal year ending March 31, 2025.

There will be no impact on consolidated financial results at the period, as it is dividends from the affiliate company accounted with equity method.

For further information, please contact:

Takamasa Soejima

General Manager, Containerships Business Group

Tel: [phone]

Kawasaki Kisen Kaisha, Ltd. ("K" LINE)

"K" LINE's website URL:https://www.kline.co.jp/en/index.html

Note: The forecasts of financial results set forth in this document were calculated based on available information at the time of announcement. Actual results may differ from the forecast depending on various factors such as future developments in the business environment.

KAWASAKI KISEN KAISHA, LTD.

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