Notice of Dividends from Surplus (Interim Dividend) and Revision of Dividend Forecast (Dividend Increase)

November 7, 2025

To Whom It May Concern:

Mitsui Matsushima Holdings Co., Ltd. (the "Company") hereby announces that it resolved, at its Board of Directors meeting held on November 7, 2025, to pay dividends from surplus (interim dividend) with the record date of September 30, 2025 and to revise the forecasts of year-end dividend per share and annual dividend per share for the fiscal year ending March 31, 2026 (dividend increase).

1. Interim Dividend

   	Amount determined	Most recent dividend forecast (announced on May 13, 2025)	Results for the previous fiscal year (FYE March 2025)
   Record date	September 30, 2025	Same as that on the left	September 30, 2024
   Dividend per share	115 yen	Same as that on the left	50 yen
   Total amount of dividends	920 million yen	-	587 million yen
   Effective date	December 5, 2025	-	December 5, 2024
   Source of dividends	Retained earnings	-	Retained earnings

   * Effective October 1, 2025, the Company conducted a 5-for-1 stock split for its common stock. However, the figures of divided per share shown above have been calculated based on the number of shares before the stock split.

2. Revision of Dividend Forecast

   	Dividend per share
   	End of second quarter [Pre-stock split equivalent]	Year-end [Pre-stock split equivalent]	Total [Pre-stock split equivalent]
   Previous forecast (announced on May 13, 2025)	23 yen [115 yen]	23 yen [115 yen]	46 yen [230 yen]
   Revised forecast		41 yen [205 yen]	64 yen [320 yen]
   Results for the current fiscal year	23 yen [115 yen]
   Results for the previous fiscal year (FYE March 2025)	10 yen [50 yen]	16 yen [80 yen]	26 yen [130 yen]

   * The actual amount of dividend per share for the interim dividend will be calculated based on the number shares before the stock split, and that for the year-end dividend will be calculated based on the number shares after the stock split.

3. Reason

The Company positions the return of profits to shareholders as one of its priority management policies. In principle, the Company strives to return profits commensurate with its financial results on an ongoing basis while securing the internal reserves necessary to ensure stable future growth and to respond to changes in the business environment.

In comprehensive consideration of the policy mentioned above and the trends of its financial results, the Company will pay a dividend per share of 115 yen (post-stock split equivalent: 23 yen) as the interim dividend for the fiscal year ending March 31, 2026. The Company has also revised the annual dividend forecast upward by 18 yen per share from the previous 46 yen per share to 64 yen per share (pre-stock split equivalent: increased by 90 yen from 230 yen to 320 yen per share).

* For our earnings forecast for the fiscal year ending March 2026, please refer to the "Notice of Upward Revision of Earnings Forecast for the Fiscal Year Ending March 2026" released on the same day as this release.