Tranche Update on Kawasaki Kisen Kaisha, Ltd.'s Equity Buyback Plan announced on August 2, 2023.

Kawasaki Kisen Kaisha, Ltd. is one of the Japanese largest maritime transportation providers. Net sales break down by activity as follows: - logistics services (50.2%): warehousing, freight handling, port services, etc.; - maritime transportation of freight (48.4%): transportation of dry bulk, oil products, liquefied natural gas, vehicles, containers, etc. At the end of March 2022, the group had a fleet of 434 vessels; - other (1.4%). Net sales are distributed geographically as follows: Japan (87.4%), Asia (6.3%), Europe (4.1%), the United States (2%) and other (0.2%).