Kawasaki Heavy Industries : Notice Concerning Changes of Directors

May 12, 2026

Kawasaki Heavy Industries, Ltd. announces that at the Board of Directors meeting held on May 12, 2026, the Company has resolved on the following changes of Directors. These changes are scheduled to be officially approved at the 203rd Annual General Meeting of Shareholders, scheduled for late June 2026, and subsequently at the Board of Directors meeting.

1. Reason for Changes

   To further enhance the supervisory function of the Board of Directors through a review of its composition.

2. Details of Changes

   1. Candidates for Director (excluding Directors Serving as Audit and Supervisory Committee Members)

      [Scheduled for late June 2026]

      〔New Appointment〕

      Name	New job titles	Previous job titles
      Setsuko Ino	Outside Director, Member of the Board	-

      〔Reappointment due to expiration of term〕

      Name	New job titles	Previous job titles
      Yoshinori Kanehana	Chairman of the Board	Same as left
      Yasuhiko Hashimoto	Representative Director, President and Chief Executive Officer	Same as left
      Katsuya Yamamoto	Representative Director, Senior Corporate Executive Officer	Same as left
      Hiroshi Nakatani	Representative Director, Senior Corporate Executive Officer	Same as left
      Hideo Tsujimura	Outside Director, Member of the Board	Same as left
      Katsuhiko Yoshida	Outside Director, Member of the Board	Same as left

      Name	New job titles	Previous job titles
      Melanie Brock	Outside Director, Member of the Board	Same as left

   2. Candidate for Director Serving as Audit and Supervisory Committee Member [Scheduled for late June 2026]

      〔New Appointment〕

      Name	New job titles	Previous job titles
      Ichiro Imai	Director, Member of the Board (Audit & Supervisory Committee Member)	Executive Officer

      〔Reappointment due to expiration of term〕

      Name	New job titles	Previous job titles
      Atsuko Kakihara	Director, Member of the Board (Audit & Supervisory Committee Member)	Same as left
      Susumu Tsukui	Outside Director, Member of the Board (Audit & Supervisory Committee Member)	Same as left
      Tomoko Amaya	Outside Director, Member of the Board (Audit & Supervisory Committee Member)	Same as left

   3. Candidate for Substitute Director Serving as Audit and Supervisory Committee Member [Scheduled for late June 2026]

      〔Reappointment due to expiration of term〕

      Name	New job titles	Previous job titles
      Yuka Hada	Substitute Outside Director, Member of the Board (Audit & Supervisory Committee Member)	Same as left

      * Scheduled to be appointed in preparation for a contingency in which the Company does not have the number of Directors serving as Audit and Supervisory Committee Members required by laws and regulations.

   4. Retiring Director

   [Scheduled for late June 2026]

   Name	New job titles	Previous job titles
   Jenifer Rogers	-	Outside Director, Member of the Board

3. Board Structure [Scheduled for late June 2026]

1. Directors (excluding Directors Serving as Audit and Supervisory Committee Members)

   Name	New job titles
   Yoshinori Kanehana	Chairman of the Board
   Yasuhiko Hashimoto	Representative Director, President and Chief Executive Officer
   Katsuya Yamamoto	Representative Director, Senior Corporate Executive Officer

   Hiroshi Nakatani	Representative Director, Senior Corporate Executive Officer
   Hideo Tsujimura	Outside Director, Member of the Board
   Katsuhiko Yoshida	Outside Director, Member of the Board
   Melanie Brock	Outside Director, Member of the Board
   Setsuko Ino	Outside Director, Member of the Board

2. Audit and Supervisory Committee Members

- End of document -

□Attachment

Biography of Newly Appointed Directors

(Attachment)

Name Setsuko Ino

Date of birth March 18, 1964

Career summary

Mar. 1988 Graduated from Faculty of Law at Kyoto University Apr. 1988 Joined Suntory Ltd.

Jun. 1994 Completed the Master of Business Administration (MBA) program at Harvard Business School

Sep. 1994 Joined PepsiCo, Inc. (U.S.A.)

July. 2003 Director and General Manager of Accounting & Finance Division at Sun Microsystems Japan

Nov. 2006 Representative Director and CFO at SAP Japan Mar. 2012 CFO of Retail Division at Amazon Japan

Jun. 2017 CFO at Asurion Japan K.K.

Jan. 2024 Venture Partner at Eight Roads Ventures Japan (Present) Jun. 2024 Outside Director, Yamato Holdings Co., Ltd. (Present) Mar. 2025 Outside Director, Kubota Corporation (Present)

Number of the Company's shares: 0 shares (As of March 31, 2026)

(Attachment)

Name Ichiro Imai

Date of birth June 22, 1963

Career summary

Mar. 1987 Graduated from Department of Commerce, School of Business Administration at Kobe University

Apr. 1987 Joined Kawasaki Heavy Industries, Ltd.

May. 1988 Cost Section of Business Management Department, Planning Office, Aircraft Business Division

July. 2009 Seconded to NIPPI Corporation, Ltd.

July. 2011 Manager, Corporate Control Section, Corporate Control Department, Corporate Planning Division, Aerospace Systems Company

Apr. 2012 Deputy Senior Manager, Corporate Control Department, Corporate Planning Division, Aerospace Systems Company

Apr. 2014 Deputy Senior Manager, Corporate Planning Department, Corporate Planning Division, Aerospace Systems Company

Apr. 2015 Senior Manager, Corporate Control Department ,Corporate Planning Division, Aerospace Systems Company

Mar. 2016 Deputy Senior Manager, Corporate Planning Department, Corporate Planning Division, Headquarters

Aug. 2016 Senior Manager, Corporate Planning Department, Corporate Planning Division, Headquarters

Apr. 2017 Executive, Senior Manager, Corporate Planning Department, Corporate Planning Division, Headquarters

Apr. 2019 Executive, Deputy General Manager, Finance & Control

Division, Headquarters

Apr. 2022 Executive Officer, General Manager, Finance & Control Division

Apr. 2026 Executive Officer, In charge of President's Special Assignments (Present)

Number of the Company's shares: 8,600 shares (As of March 31, 2026)