川崎汽船（9107） – Notice on dividends for FY2022 and recording the provision for losses from Containerships chartering

N E W S L E T T E R May 9, 2022 Notice on dividends from retained earnings for the fiscal year ending March 31st, 2022 and recording the provision for losses from Containerships chartering Kawasaki Kisen Kaisha, Ltd. (hereinafter “the Company”) announces that it has been decided at Board of Directors meeting held today to pay dividends from retained earnings based on March 31st, 2022 as record date. In addition, the company decided to record the provision for losses related to containerships chartering. 1. Dividends from Retained Earnings 1) Contents of the Decision Amount determined forecast (announced in the previous Most recent dividend Actual dividend on February 3rd, 2022) fiscal year Record date March 31st, 2022 same as left March 31st, 2021 Dividend per share (Ordinary Dividend 300.00 yen) 300.00 yen 0.00 yen 600.00 yen (Additional Dividend 300.00 yen)Total amount of dividends 56,244 million yen Effective date Jun 24th, 2022 Source of funds for dividendsRetained Earnings – – – – – – 2) Reason The Companyʻs important management task is to maximize returns to our shareholders by strategically allocating our management resources to investments in order to improve our financial strength considering mid to long-term business environment. The Company decided payment of a year-end dividend for the fiscal year ending March 31, 2022, considering returns to our shareholders and plans to increase corporate value, resolved as 600 yen per share which increased by 300 yen per share additional dividend from the previous forecast announced in February 3rd, 2022. Above will be implemented subject to the resolution at the 154th Ordinary General Meeting of Shareholders scheduled on June 23, 2022. ｻｽﾃﾅﾋﾞﾘﾃｨ推進・IR・広報ｸﾞﾙｰﾌﾟ Corporate Sustainability, IR and Communication Group KAWASAKI KISEN KAISHA, LTD. N E W S L E T T E R 2. Provision for Losses (Operating Expenses) from Containerships chartering The Company has chartered the containerships to OCEAN NETWORK EXPRESS PTE. LTD. (hereinafter “ONE”). It is expected to incur and the losses arose from the contract rate differential affected by market condition, between the Company and shipowners and between ship owners and ONE, therefore, it has been decided to record the provision for losses of 13,903 million yen related to such back spread as reasonably estimable amount. This amount is incorporated in the financial result for fiscal year 2021 announced today. For further information, please contact: Kentaro Tsuji General Manager, Corporate Planning Group Tel: +81-3-3595-5594 Kawasaki Kisen Kaisha, Ltd. (“K” LINE) “K” Lineʼs website URL: https://www.kline.co.jp/en/index.html ｻｽﾃﾅﾋﾞﾘﾃｨ推進・IR・広報ｸﾞﾙｰﾌﾟ Corporate Sustainability, IR and Communication Group KAWASAKI KISEN KAISHA, LTD.