Kanadevia : Financial Results for FY2025 - May 12, 2026

About this update from Kanadevia Corporation

FY2025 Financial Results 12 May 2026 Kanadevia Corporation Table of Contents 1. FY2025 Results Summary 2. Review of the Medium-Term Management Plan "Forward 25" 3. FY2026 Earnings Forecast 4. Capital Policy and Shareholder Returns 5. Key Issues and Strategic Responses for Mid- to Long-Term Growth 6. Initiatives to Prevent Recurrence of Inappropriate Quality- Related Conduct © Kanadevia Corporation. All Rights Reserved. 2 Key Messages for Today Addressing FY2025 technology and quality challenges and entering the next phase of growth in FY2026 Net sales and order intake reached record highs in FY2025, supported by strong demand in overseas markets Operating income is expected to recover in FY2026, driven by the absence of one-off expenses related to technology issues recognized in FY2025 Strengthening global governance and strategically capturing growth opportunities to drive sustainable value creation © Kanadevia Corporation. All Rights Reserved. 3 1. FY2025 Results Summary © Kanadevia Corporation. All Rights Reserved. 4 FY2025 Performance Highlights Order Intake 897.7 JPY billions YoY +17.2%↑ Achieved a record high, primarily driven by large-scale WtE (Waste-to-Energy) plant orders secured by Kanadevia Inova Order Intake and Net Sales reached record highs, while profits declined due to one-off costs related to overseas technology issues Net Sales 645.2 JPY billions YoY +5.7%↑ Net Sales increased for the eighth consecutive year, reaching a record high, led by growth in the Environmental Business Operating Income 12.1 JPY billions YoY −54.8%↓ Declined due to: Costs related to technology issues in overseas projects A decrease in high-margin projects Measures to address technology and quality issues are underway Shareholders of Kanadevia Profit attributable to 11.1 JPY billions YoY −49.6%↓ Decreased due to extraordinary losses, including inappropriate quality-related losses and impairment losses Structural reforms are being implemented © Kanadevia Corporation. All Rights Reserved. 5

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