Notice of Dividend of Surplus

Itochu Enex Co., Ltd. (the "Company") hereby announces that at a meeting of its Board of Directors held today, April 30, 2026, it has resolved to submit the dividend of surplus with March 31, 2026 as the record date to the 66th Ordinary General Meeting of Shareholders to be held on June 17, 2026. Details are as follows.

Details

1. Details of dividends

   	Amount determined	Most recent forecast (Announced on January 30, 2026)	Previous results(Fiscal year ended March 31, 2025)
   Record date	March 31, 2026	March 31, 2026	March 31, 2025
   Dividend per share	35.00 yen	31.00 yen	34.00 yen
   Total dividends	3,954 million yen	-	3,841 million yen
   Effective date	June 17, 2026 (planned)	-	June 19, 2025
   Dividend resource	Retained earnings	-	Retained earnings

2. Reason for the dividend amount

The Company has adopted a policy of issuing stable dividends on an ongoing basis as part of its efforts to maintain the sustainable growth of the business, and in our medium-term business plan "ENEX2030 '25-'26", we have committed to "progressive dividends" and "strong awareness of a consolidated dividend payout ratio of 40% or more". Having given comprehensive consideration to our current business results, financial status and other factors, the Company will submit payment of an ordinary year-end dividend of 35 yen per share for resolution at the 66th Ordinary

General Meeting of Shareholders to be held on June 17, 2026.

The annual dividend, including the interim dividend, will be 66 yen per share (a consolidated payout ratio of 46.4%), and will represent a 4 yen increase in the ordinary dividend from the previous results.