Kyoto Financial : Notice Regarding Recording of Gain on Sale of Stocks and Revision of Consolidated Earning Forecasts

March 11, 2026

To whom it may concern:

Company name: Kyoto Financial Group, Inc. Representative: Nobuhiro Doi,

Representative Director and President

Securities code: 5844, TSE Prime

Contact: Hideki Onishi,

Executive Officer, General Manager,

Corporate Planning Division (TEL: +81-75-361-2275)

Kyoto Financial Group, Inc. (President: Nobuhiro Doi; the "Company") has revised its earnings forecast based on recent performance trends as follows.

1. Revision of Earnings forecasts

   Revision of consolidated earnings forecast figures for the full fiscal year ending March 2026 (April 1, 2025 to March 31, 2026)

   	Ordinary income	Ordinary profit	Net income attributable to owners of parent	Net income per share
   Previous Forecast (A)	Millions of yen 202,200	Millions of yen 63,500	Millions of yen 45,000	Yen 157.96
   Revised forecast (B)	365,300	135,200	95,000	333.47
   Amount of change (B-A)	163,100	71,700	50,000	-
   Percentage of change (%)	80.6	112.9	111.1	-
   (Reference) Actual results for fiscal year ended March 2025	167,258	50,915	36,552	125.11

2. Reason for Revision

At the Company's subsidiary, the Bank of Kyoto Ltd., while losses on sale of government bonds and other securities (approximately 90.0 billion yen) are expected to exceed initial forecasts, gains on sale of stocks (approximately 160.0 billion yen) are expected to exceed initial forecasts, primarily driven by gains on the sale of shares of Nintendo Co., Ltd. (75.1 billion yen), as announced in "Notice Regarding a Subsidiary's Sale of Investment Securities" dated February 27, 2026,

The Company revises upward its earnings forecast for the fiscal year ending March 2026. Furthermore, as a result of this matter, ROE is expected to exceed 8%.

End

1