Fujikura : 格付投資情報センターによる格付の変更（格上げ）に関するお知らせ

About this update from Fujikura Ltd

Fujikura Ltd. (Director, President and CEO: Naoki Okada) has had its issuer rating upgraded from "A (Stable)" to "A+ (Stable)" and its bond rating upgraded from "A" to "A+" by Rating and Investment Information, Inc. (R&I). We believe this rating upgrade is a result of our efforts to strengthen our financial base and improve profitability. 1. Subjects and ratings Rating Agency subject Rating remarks R&I Issuer Rating A+ (Stable) Raised from A (stable) bond rating A+ Pulled up from A CP Rating a-1 No changes 2. Date of rating publication July 15, 2026 3. Reasons for the rating changeFor details on the reasons for the rating change, please visit the R&I website ( https://www.ri.co.jp/rating/index.html Please see the following. Going forward, under our 2028 Mid-Term Plan, we will maintain an equity ratio of 50% from a financial soundness perspective, while flexibly implementing additional strategy and growth investments and shareholder returns to further improve capital efficiency.

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