Announcement of financial results for the 3 months ended June 30,2025

Consolidated Financial Results

for the Three Months Ended June 30, 2025 [Japanese GAAP]

July 30, 2025

Company name: The Kansai Electric Power Company, Incorporated Listing: Tokyo Stock Exchange

Securities code: 9503

URL: https://www.kepco.co.jp/

Representative: Nozomu Mori Director, Representative Executive Officer, President

Inquiries: Koji Hasegawa General Manager, Office of Corporate Planning Telephone: +81-50-7105-9084

Scheduled date to commence dividend payments: -

Preparation of supplementary material on financial results: Yes

Holding of financial results briefing: Yes (for analysts and institutional investors)

(Yen amounts are rounded down to millions, unless otherwise noted.)

1. Consolidated Financial Results for the Three Months Ended June 30, 2025 (April 1, 2025 to June 30, 2025)

   1. Consolidated Operating Results (Percentages indicate year-on-year changes.)

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      Three months ended June 30, 2025 June 30, 2024	Millions of yen 917,791 984,149	% (6.7) 1.8	Millions of yen 128,949 148,773	% (13.3) (42.0)	Millions of yen 134,672 168,962	% (20.3) (37.0)	Millions of yen 99,163 115,775	% (14.3) (40.1)

      (Note) Comprehensive income:	Three months ended June 30, 2025:	¥	77,536 million	[	(51.1) %]
      	Three months ended June 30, 2024:	¥	158,608 million	[	(33.9) %]

      	Basic earnings per share	Diluted earnings per share
      Three months ended	Yen	Yen
      June 30, 2025	89.01	-
      June 30, 2024	129.74	-

   2. Consolidated Financial Position

   	Total assets	Net assets	Equity ratio
   As of	Millions of yen	Millions of yen	%
   June 30, 2025	9,389,212	3,151,006	33.1
   March 31, 2025	9,652,655	3,107,452	31.8

   (Reference) Equity: As of June 30, 2025:	¥	3,110,882 million
   As of March 31, 2025:	¥	3,065,856 million

2. Dividends

   	Annual dividends
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Year-end	Total
   Fiscal year ended March 31, 2025 Fiscal year ending March 31, 2026	Yen - -	Yen 30.00	Yen -	Yen 30.00	Yen 60.00
   Fiscal year ending March 31, 2026 (Forecast)		30.00	-	30.00	60.00

   (Note) Revision to the forecast for dividends announced most recently: None

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2026(April 1, 2025 to March 31, 2026)

(Percentages indicate year-on-year changes.)

(Note) Revision to the financial results forecast announced most recently: None

* Notes:

1. Significant changes in the scope of consolidation during the period: Yes

   Newly included:	-	(Company name:	)
   Excluded:	1	(Company name: KE Fuel International Co., Ltd	)

2. Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None

3. Changes in accounting policies, changes in accounting estimates, and restatement

   1. Changes in accounting policies due to revisions to accounting standards and other regulations: None

   2. Changes in accounting policies due to other reasons: None

   3. Changes in accounting estimates: None

   4. Restatement: None

4. Number of issued shares (common shares)

   1. Total number of issued shares at the end of the period (including treasury shares): June 30, 2025: 1,114,927,528 shares

      March 31, 2025: 1,114,927,528 shares

   2. Number of treasury shares at the end of the period:

      June 30, 2025: 866,877 shares

      March 31, 2025: 885,830 shares

   3. Average number of shares outstanding during the period:

Three months ended June 30, 2025: 1,114,047,720 shares

Three months ended June 30, 2024: 892,335,737 shares

(Note) We have adopted a BIP (Board Incentive Plan) Trust mechanism, and the number of shares of treasury stock at the end of the period includes the Company's shares held by the said trust account (534,356 shares as of June 30, 2025). Additionally, the Company's shares held by the said trust account are included in the treasury stock deducted in the calculation of the average number of shares during the period.

• Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

• Proper use of earnings forecasts, and other special matters (Caution regarding future statements, etc.)

Forecasts mentioned in this document are based on information currently available to the Company and certain assumptions that the Company considers reasonable, and actual performance may differ from the forecasts due to various factors.

(How to obtain supplementary materials for financial statements)

Supplementary materials for financial statements (Financial Report for Q1 FY2025) will be posted on our website, July 30, 2025. (URL https://www.kepco.co.jp/english/corporate/ir/brief/earnings/2026/pdf/pdf2026_07_04.pdf)

The Attached Document (Table of Contents)

1. Summary of Business Results 2

2. Quarterly Consolidated Financial Statements 3

   1. Consolidated Balance Sheets 3

   2. Consolidated Statements of Income and Comprehensive Income 5

   3. Notes regarding Consolidated Financial Statements 7

(Preparation Methods of Quarterly Consolidated Financial Statements) 7

(Notes on the premise of Going Concern) 7

(Notes on Significant Changes in Shareholders' Equity) 7

(Notes to Statements of Cash Flows) 7

(Segment Information) 8

1. Summary of Business Results

   This information is included in the "Financial Report for Q1 FY2025", which will be posted on the Company's website on July 30, 2025.

   (URL https://www.kepco.co.jp/english/corporate/ir/brief/earnings/2026/pdf/pdf2026_07_04.pdf)

2. Quarterly Consolidated Financial Statements

   1. Consolidated Balance Sheets

(Millions of yen)