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© Marubeni Corporation All Right s Reserved. 0 2026.06 Q1 FY2026 Consolidated Financial Results August 3, 2026 TSE Code: 8002 Disclaimer Regarding Forward-Looking Statements and Original Language This material contains forward-looking statements about the future performance, events or management plans of Marubeni Corporation and its Group companies (the Company) based on the available information, certain assumptions and expectations at the point of disclosure, of which many are beyond the Company’s control. These are subject to a number of risks, uncertainties and factors, including, but not limited to, economic and financial conditions, factors that may affect the level of demand and financial performance of the major industries and customers we serve, interest rates and currency fluctuations, availability and cost of funding, fluctuations in commodity and materials prices, political turmoil in certain countries and regions, litigation claims, changes in laws, regulations and tax rules, and other factors. Actual results, performances and achievements may differ materially from those described explicitly or implicitly in the relevant forward-looking statements. The Company has no responsibility for any possible damages arising from the use of information on this material, nor does the Company have any obligation to update these statements, information, future events or otherwise. This material is an English language translation of the materials originally written in Japanese. In case of discrepancies, the Japanese version is authoritative and universally valid. * FY2026 refers to the fiscal year ending March 2027
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© Marubeni Corporation All Right s Reserved. Net profit: ¥186.4 bn (+¥32.0 bn YoY), progress toward the FY2026 full-year forecast is 32% Adjusted net profit: ¥177.0 bn (+¥49.0 bn YoY), progress is 33% Breakdown of adjusted net profit: Non-resources ¥118.0 bn (+¥22.0 bn YoY) Increase in Energy & Chemicals, Aerospace & Mobility, and others Resources ¥51.0 bn (+¥23.0 bn YoY) Increase in the copper business, steelmaking coal business, aluminum business and others, due to higher commodity prices Core operating cash flow: +¥249.9 bn (+¥96.0 bn YoY), progress is 38% Revising GC2027 capital allocation. Funded by free cash, decided on an additional ¥100.0 bn share buyback 01 Q1 FY2026 Results and Full-year Forecast for FY2026 ・ Adjusted net profit: net profit excluding one-time items, shown in an approximate figure. For one-time items, please refer to P5 ・ Core operating cash flow: operating cash flow excluding changes in working capital and others Net profit 154.4 186.4 +32.0 580.0 32% Adjusted net profit 128.0 177.0 +49.0 540.0 33% Non-resources 96.0 118.0 +22.0 382.0 31% Resources 28.0 51.0 +23.0 161.0 32% Core operating cash flow +153.9 +249.9 +96.0 +660.0 38% USD/JPY Term Average 144.59 159.49 +14.90 150 ー FY2026 Forecast （announced on May 1, 2026)（billion yen） Q1 FY2025 Actual Q1 FY2026 Actual Change Progress ・Annual dividend per share (forecast): 115 yen (interim 57.5 yen, year-end 57.5 yen) ・Share buyback: ¥145.0 bn *added ¥100.0 bn to the ¥45.0 bn announced on May 1, 2026 Shareholder Return Forecast （announced on August 3, 2026) 1 Record High Record High
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© Marubeni Corporation All Right s Reserved. 02 Adjusted Net Profit for Q1 FY2026 (YoY Change) Increased by +¥29.0 bn YoY due to FX / commodity price impacts Improvements of existing businesses and growth investments progressed steadily, contributing +¥29.0 bn YoY + 33.0 bn FY2026 Full-year forecast 2 Adjusted net profit (yen) USD/JPY Term Average: 144.59 yen AUD/JPY Term Average: 92.58 yen Q1 FY2026 Actual USD/JPY Term Average: 159.49 yen AUD/JPY Term Average: 113.16 yen Q1 FY2025 Actual Decrease in profit and loss due to divestments FX impact Commodity price impact Improvement of existing businesses Growth investments (GC2024 Investments, GC2027 New Investments) One-time factors approx. +9.0 bn 128.0 bn -9.0 bn +5.0 bn +24.0 bn +20.0 bn +9.0 bn 177.0 bn 186.4 bnNet profit • Copper +11.0 bn • Steelmaking coal +5.0 bn • Aluminum +4.0 bn FY2026 Full-year forecast + 21.0 bn *1 *1 Including an impact of - ¥5.0 bn from cross-currency exchange rates (AUD/USD and others) Growth investments (+9.0 bn) [－] [＋][＋] • Nowlake • Creekstone, etc. Improvement of existing businesses and commodity price impact (+44.0 bn) • Pharmaceutical Sales Business • Aircastle • Aviation Aftermarket and Asset Trading Business, etc. • Copper business • Oil & Gas E&P business • Steelmaking coal business • Aluminum business, etc. • Chemical-related business • Ship owning and operating business • Aircastle • Aviation Aftermarket and Asset Trading Business • Fertilizer wholesale business in the U.S.
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© Marubeni Corporation All Right s Reserved. 03 Adjusted Net Profit and Core Operating Cash Flow 172.0 178.0 296.0 321.0 307.0 316.0 328.0 382.0 96.0 118.0 61.0 66.0 197.0 199.0 152.0 134.0 147.0 161.0 28.0 51.0 363.8 369.6 570.5 584.2 548.0 606.6 575.1 660.0 153.9 249.9 0 100 200 300 400 500 600 700 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Q1 FY2025 Q1 FY2026 Adjusted net profit (Non-resources) Adjusted net profit (Resources) Core operating cash flow 489.0 526.0 467.0 451.0243.0225.0 480.0 (billion yen) Adjusted net profit (consolidated) Strengthening existing business domains Enhancing cash generation / Establishing an annual earnings base over ¥450.0 bn 540.0 3 Q1 Actuals 128.0 177.0 Three years of accelerating growth Forecast (announced on May 1, 2026) ・ From FY2026, the business field grouping has been changed as follows: Resources: total of “Metals & Mineral Resources” and “Energy & Chemicals” excluding Steel Products Dept., Chemical-related businesses and New Energy Business Development Dept. Non-resources: consolidated total excluding Resources and “Other” (not shown in the graph)
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© Marubeni Corporation All Right s Reserved. Operating segment (billion yen) Net profit Q1 FY2025 Actual Net profit Q1 FY2026 Actual Change Change Main factors Adjusted net profit FY2026 forecast (announced on May 1, 2026) Progress Lifestyle 6.8 7.2 +0.4 ±0 [＋] MX Mobiling (Mobile phone sales agency), Santher [－] MUSI pulp project 35.0 20% Food & Agri Business 35.5 31.4 -4.1 ±0 [＋] Fertilizer wholesale business in the U.S. [－] Creekstone 88.0 38% Metals & Mineral Resources 28.7 42.0 +13.2 +16.0 [＋] Copper business, Steelmaking coal business, Aluminum business 153.0 28% Energy & Chemicals 8.9 25.8 +17.0 +22.0 [＋] Chemical-related business, Oil & Gas E&P 43.0 72% Power & Infrastructure Services 17.1 29.3 +12.2 ±0 68.0 24% Finance, Leasing & Real Estate Business 30.9 17.9 -13.0 -1.0 [－] Railcar leasing business in North America (Sold in the previous year), Domestic real estate business, Nowlake [＋] Aircastle 76.0 24% Aerospace & Mobility 11.5 22.8 +11.3 +6.0 [＋] Aviation Aftermarket and Asset Trading Business, Ship owning and operating business 60.0 28% IT Solutions 0.7 0.3 -0.4 -1.0 [－] IT/Digital Solutions Business 7.0 0% Next Generation Business Development 10.2 4.6 -5.6 +3.0 [＋] Pharmaceutical Sales Business, Device solution business 14.0 36% Next Generation Corporate Development -1.4 -1.5 -0.0 ±0 -1.0 - Other 5.5 6.6 +1.1 +4.0 [＋] Interim adjustment to the estimated annual effective tax rate -3.0 - Consolidated 154.4 186.4 +32.0 +49.0 540.0 33% Adjusted net profit 7.0 33.0 27.0 9.0 16.0 19.0 11.0 1.0 2.0 -1.0 4.0 7.0 33.0 43.0 31.0 16.0 18.0 17.0 0 5.0 -1.0 8.0 Upper: Q1 FY2025 Actual Lower: Q1 FY2026 Actual Consolidated: Q1 FY2025 Actual 128.0 bn Q1 FY2026 Actual 177.0 bn 04 Profit by Segment for Q1 FY2026 4 ・ Based on FY2026 segments. Operating segment information for FY2025 has been restated due to organizational changes. ・ Net profit by business field is as follows: (Q1 FY2025) Non-resources ¥120.1 bn, Resources ¥28.7 bn, (Q1 FY2026) Non-resources ¥134.5 bn, Resources ¥45.4 bn
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© Marubeni Corporation All Right s Reserved. 05 One-time Items by Segment (Q1 FY2026) incl. one-time items Lifestyle 0.0 0.0 35.0 Food & Agri Business -2.0 0.0 88.0 Metals & Mineral Resources -1.0 0.0 153.0 Energy & Chemicals -5.0 -1.0 42.0 Power & Infrastructure Services 14.0 3.0 71.0 Finance, Leasing & Real Estate Business 0.0 0.0 76.0 Aerospace & Mobility 6.0 -5.0 55.0 IT Solutions 0.0 0.0 7.0 Next Generation Business Development 0.0 0.0 14.0 Next Generation Corporate Development 0.0 0.0 -1.0 Other -3.0 43.0 40.0 Consolidated 9.0 40.0 580.0 Net profit FY2026 forecast (announced on May 1, 2026) Operating segment (billion yen, approximate figure) Main itemsQ1 FY2026 Actual Price adjustment related to the sale of the Oil & Gas E&P business (approx. -5.0 bn yen) Gain on the sale of investment in overseas IPP Projects (approx. 13.0 bn yen) Revaluation gain on the previously held equity interest upon the acquisition of full ownership of DASI, a distributor of aircraft expendable and rotable parts (approx. 6.0 bn yen) (Breakdown: Asset replacement gain/loss 14.0 bn yen, Other one-time items - 5.0 bn yen） *1 5 *1 One-time factors in “Other” include ¥40.0 bn in asset replacement gains/losses ・ Any rounding differences between the sum of segments and the company total are included in “Other” ・ Asset replacement gain/loss: one-time items from sales of subsidiaries, affiliated companies, fixed assets (including non-cash exchange transactions), and others
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© Marubeni Corporation All Right s Reserved. 06 Core Strategic Platform Businesses (Q1 FY2026 Actual) Q1 FY2026 actual and progressAdjusted net profit (billion yen) 6 (Reference) Businesses Q1 FY2025 Actual Q1 FY2026 Actual Change Progress (vs. FY2026 Forecast) FY2024 Actual FY2025 Actual FY2026 Forecast (announced on May 1, 2026) FY2026 ROIC*1 (Forecast) CAGR (FY2024-2026) CAGR (FY2019-2025) Agri-inputs Retail Business (Helena, etc.) 20.0 21.0 +1.0 47% 42.0 42.0 45.0 9% +4% +10% Mobility Business in North America (Wheels, Nowlake, etc.) 10.0 9.0 -1.0 19% 35.0 39.0 47.0 11% +16% +16% Wholesale and Retail Power Trading Business (SmartestEnergy, etc.) 4.0 4.0 ±0 18% 29.0 10.0 22.0 12% -13% +100% Aviation Aftermarket and Asset Trading Business (Magellan, DASI, etc.) 3.0 6.0 +3.0 25% 13.0 22.0 24.0 23% +36% +20% Food Marketing and Manufacturing Business (Atrion, Gemsa, etc.) 3.0 2.0 -1.0 18% 4.0 8.0 11.0 6% +66% +25% IT/Digital Solutions Business (Marubeni I-DIGIO, etc.) 1.0 0.0 -1.0 0% 4.0 5.0 5.0 36% +12% +8% Pharmaceutical Sales Business (newly added in FY2025) 1.0 3.0 +2.0 30% 2.0 5.0 10.0 12% +124% - Total 42.0 45.0 +3.0 27% 129.0 131.0 164.0 11% +13% +17% *1 ROIC = Adjusted net profit / Invested capital (term-end net interest bearing debt + term-end shareholders’ equity), invested capital is the average balance of the target FY and the preceding FY
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© Marubeni Corporation All Right s Reserved. 07 Capital Allocation (Q1 FY2026 Actual) Core operating cash flow of +¥249.9 bn and divestments of ¥34.4 bn. Cash in-flow progressing steadily (progress toward the FY2026 full-year forecast is 32%) New investments, CAPEX and others: ¥217.8 bn (progress is 33%), progressing as planned *1 Excluding changes in working capital and others. Dividend included in shareholder distributions is aggregated in the fiscal year to which the profit i.e. the source of funds is attributed, and the figures for shareholder distributions are different from cash flow *2 Including share buybacks of ¥45.0 bn, announced on May 1, 2026 7 *1Capital Allocation (billion yen) Q1 FY2026 Actual Divestments 34.4 Core operating CF 249.9 Shareholder distributions 45.0New investments, CAPEX and others 217.8 Cash In-flow Cash Out-flow Free cash 21.5 *2 FY2026 Forecast (announced on May 1, 2026) Divestments 230.0 Core operating CF 660.0 Shareholder distributions 230.0 New investments, CAPEX and others 670.0 Cash In-flow Cash Out-flow Free cash -10.0 GC2027 Three-year cumulative (announced on Feb 5, 2025) (Reference) Free cash 200.0 New investments, CAPEX and others 1,700.0 Shareholder distributions 700.0 Divestments 600.0 Core operating CF 2,000.0 Cash In-flow Cash Out-flow
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© Marubeni Corporation All Right s Reserved. 08 New Investments and Divestments (Q1 FY2026 Actual) 8 *1 CAPEX and others: additional capital expenditure and others in order to maintain and improve values of existing investments and loans *2 Including approx. -¥61.0 bn of short-term agriculture loans which Helena (USA) provided to customers New investments Main items CAPEX and others*1 Total Q1 FY2026 Actual -117.1 -100.7 -217.8 Q1 FY2026 Actual +34.4 Strategic Platform Businesses （Growth Domains×High Added Value×Scalability ） -69.5 ・Wholesale and Retail Power Trading Business (Factorenergia, Spain) ・Aviation Aftermarket and Asset Trading Business (DASI, USA) -96.1 -165.6 Natural Resources Investments -36.6 ・Natural gas development and production (EagleRidge Energy, USA) -2.9 -39.5 Infrastructure Investments and Financing Businesses -9.6 ー -1.7 -11.3 Forward-looking investments in Future Pillars -1.5 ー -0.0 -1.5 FY2026 Forecast (announced on May 1, 2026) -500.0 -170.0 -670.0 FY2026 Forecast (announced on May 1, 2026) +230.0 Non-resources Resources +34.4 +0.1 ・IPP Projects (Everpower, Taiwan) ー Divestments Main items(billion yen) Growth investments (New investments, CAPEX and others) (billion yen) *2
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© Marubeni Corporation All Right s Reserved. 09 Progress of the GC2027 Mid-Term Management Strategy GC2027’s growth strategies and initiatives to enhance corporate value are on track Solid progress in core operating cash flow and divestments; ¥200.0 bn free cash target under GC2027 is within reach Investment opportunities, focused on Strategic Platform Businesses including large-scale projects, are steadily accumulating toward medium- to long-term profit growth Progress of new investments & pipeline 9 Progress of cash in-flow (core operating CF / divestments) 【Core operating CF】 153.9 249.9 Q1 FY2025 Q1 FY2026 FY2026 Forecast 660.0 【Divestments】 311.2（progress: 52%） FY2025 and Q1 FY2026 cumulative results Three-year cumulative plan: 600.0 FY2025 & Q1 FY2026 results FY2026 Forecast Progress forecast: 84% Progress: 38% + 96.0 ( growth rate: 62 ％ ) (billion yen) FY2024 ROIC of divested businesses: around 1% Contributions from improvement of existing businesses and others (billion yen) 240.9 117.1 190.0 1,100.0 GC2027 Three-year cumulative (Announced in Feb 2025) Internally Approved Cumulative 548.0 Preparation for approval / Under deliberation Sourcing / In negotiationOver 3,000.0 Pipeline 800.0 Executed in Q1 FY2026 Executed in FY2025 Progress: 50% Q1 FY2026
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© Marubeni Corporation All Right s Reserved. Utilizing leverage + Maximizing Core operating CF / Divestments 10 Revision of the Capital Allocation under GC2027 Pursue and implement capital allocation initiatives offering higher relative returns across short-, mid-, and long-term horizons, reflecting GC2027 progress Accelerate new investments / reduce WACC: expanding the new investment capital allocation by ¥250.0 bn to ¥1,950.0 bn. Flexibly utilizing leverage without strictly maintaining positive FCF after shareholder distributions, under credit rating-conscious financial discipline and with a focus on maximizing core operating CF and divestments Enhance shareholder distributions to improve ROE: as visibility on generating ¥200.0 bn in free cash under GC2027 has increased, allocating this ¥200.0 bn to shareholder distributions and increasing the total amount of shareholder distributions to ¥900.0 bn GC2027 Three-year cumulative capital allocation (after revision) Shareholder distributions 900.0 (billion yen) Divestments 600.0 Core operating CF 2,000.0 Cash In-flow Cash Out-flow New investments, CAPEX and others 1,950.0 250.0 New investments: allocating additional ¥ 250.0 bn reflecting the increased pipeline • Both improvements of existing businesses and growth investments remain key drivers of profit growth • Selectively executing only high - quality investments under an opportunity - driven investment approach • Flexibly utilizing leverage while maintaining financial discipline with credit ratings in mind Shareholder Distributions : allocating additional ¥ 200.0 bn from free cash (allocating ¥ 100.0 bn in FY2026) • Core operating CF and divestments are progressing steadily, generating a strong cash position • Allocating ¥ 200.0 bn in free cash toward improvement of ROE, a quantitative target of GC2027, considering the short - term effects on capital efficiency. 10 700.0 + additional 200.0 1,700.0 + additional 250.0
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© Marubeni Corporation All Right s Reserved. 0 223.3 424.3 543.0 471.4 503.0 543.9 580.0 Over 620.0 35 33 62 78 85 95 107.5 115 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2027 Net profit (billion yen) Annual dividend per share (yen) 60.8 57.3 107.2 133.0 142.7 157.6 176.5 185.0 30.0 60.0 20.0 80.0 55.0 145.0 Total amount for share buybacks (billion yen) Total amount for annual dividend (billion yen) 11 Shareholder Returns Decided on an additional share buyback of ¥100.0 bn. Annual dividend per share maintained at ¥115 per share Including the ¥45.0 bn share buyback resolved on May 1, 2026, total share buybacks for FY2026 will amount to ¥145.0 bn Progressive dividend policy Total payout ratio: around 30～35% GC2021 GC2024 GC2027 Maintain a progressive dividend policy Total payout ratio: around 40% Consolidated dividend payout ratio: 25% or more -197.5 FY2019 FY2026 Forecast (announced on Aug 3, 2026) Target • Dividend increase in response to medium- and long-term profit growth • Execute flexible share buyback 11
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© Marubeni Corporation All Right s Reserved. 12 Markets and Commodity Volumes 12 Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Full-year forecast (announced on May 1, 2026) Sensitivity to Net profit*1 Copper LME Average (USD/ton) *2 9,484 12,965 +3,481 12,000 approx. JPY1.3 bn/[USD100/ton] Oil WTI Average (USD/bbl) 64 93 +29 60 approx. JPY0.2 bn/[USD1/bbl]*3 USD/JPY Term Average (yen) 144.59 159.49 JPY depreciation by 14.9yen 150 approx. JPY1.9 bn/[JPY1/USD] USD/JPY Term-end (yen) Mar-31-2026 159.88 Jun-30-2026 162.39 JPY depreciation by 2.51yen from the previous year-end Mar-31-2027 150 AUD/JPY Term Average (yen) 92.58 113.16 JPY depreciation by 20.58yen 100 approx. JPY0.6 bn/[JPY1/AUD] AUD/JPY Term-end (yen) Mar-31-2026 109.68 Jun-30-2026 111.56 JPY depreciation by 1.88yen from the previous year-end Mar-31-2027 100 JPY TIBOR 3 months (%) 0.78 1.30 +0.52 1.3 USD SOFR 3 months (%) 4.30 3.67 -0.63 3.4 Q1 FY2025 Actual Q1 FY2026 Actual Change FY2025 Actual Oil, Gas Equity Production Volume (K boe/day) *4 18 20 +2 20 Copper Equity Sales Volume (K ton) 33 26 -7 132 Steelmaking coal Equity Sales Volume (K ton) 1,489 1,690 +201 6,673 Markets Currency Interest rate Commodity Volumes *1 Sensitivity to the initial full-year forecast for FY2026 *2 March-to-May average for Q1, March-to-February average for full-year *3 Sensitivity to oil prices (WTI and Brent) in Oil & Gas E&P *4 Total of Oil & Gas E&P at US onshore, Gulf of Mexico (USA) and Indian Sea
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© Marubeni Corporation All Right s Reserved. 13 Stock Price and Credit Ratings 0 200 400 600 800 1000 1200 End Mar-2020 End Mar-2021 End Mar-2022 End Mar-2023 End Mar-2024 End Mar-2025 End Mar-2026 Marubeni TOPIX End March 2020 Marubeni ：539 yen Market Cap ：0.9 tn yen 13 End July 2026 Marubeni ：5,201 yen Market Cap ：8.6 tn yen PER ：15.7 times PBR ：2.0 times Stock Price Trend (indexed with Mar-31-2020 as 100) Credit Rating Trend ・ PER and PBR data sourced from Bloomberg End Mar-2020 End Mar-2021 End Mar-2022 End Mar-2023 End Mar-2024 End Mar-2025 End Mar-2026 JCR R＆I S＆P Moody's Aa2/AA Aa3/AA‐ A1/A+ A2/A A3/A- Baa1/BBB+ Baa2/BBB Aa1/AA+ Latest change Jun-4-2024 AA‐ ⇒ AA (Stable) Jul-12-2023 A+ ⇒ AA‐ (Stable) Nov-18-2025 BBB+ ⇒ A‐ (Stable) Jul-24-2023 Baa2 ⇒ Baa1 (Stable)
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© Marubeni Corporation All Right s Reserved. Ref. 01 Corporate Governance 14 Following approval at the 102nd Ordinary General Meeting of Shareholders held on June 19, 2026, we transitioned from a “Company with an Audit & Supervisory Board” to a “Company with Three Statutory Committees”(also known as the “Company with Nominating Committee, etc.”). To clarify the purpose, functions and roles of the Board of Directors, as well as the Board’s approach to nomination, compensation and audit, we established the Corporate Governance Guidelines (cg_guideline_en.pdf). In addition, at the Compensation Committee meeting held on the same day, the remuneration plan for directors and executive officers was revised to enhance corporate value. The main revisions are as follows. Increased share-based remuneration to further strengthen the link between executive officer remuneration and the enhancement of both shareholder value and medium- to long-term corporate value Introduced capital-efficiency indicators to ensure management with an emphasis on capital efficiency Company-wide performance • Consolidated net profit • Core operating cash flow • ROE • Changed the ratio of non-performance-linked Restricted Shares to TSR-linked Performance Share Units from 1:1 to 1:2 • Raised the maximum payout coefficient for TSR-linked Performance Share Units, based on three- year relative TSR, from 150% to 200% • Introduced non-performance-linked Restricted Shares for Independent Directors and Directors serving as full- time Audit Committee Members • Reviewed remuneration levels for Independent Directors to find and retain excellent human resources Key Changes to STI • Introduced company-wide ROE for executive officers and segment ROIC for business-division Chief Operating Officers Key Changes to LTI Segment performance • Consolidated net profit • Core operating cash flow • ROIC Short-Term Incentive Remuneration (STI) Medium- to Long-Term Incentive Remuneration (LTI) Monthly Remuneration Restricted Shares TSR-linked Performance Share Units Restricted Shares TSR-linked Performance Share Units Monthly Remuneration： STI : LTI = 3 : 4 : 3 Before Monthly Remuneration： STI : LTI = 1 : 1 : 2 *1 • Basic remuneration • Bonuses VariableFixed Monetary Shares After • Performance-based bonuses • Individual evaluation- based remuneration < Illustrative Remuneration Composition of Director, the Representative Executive Officer, President and CEO > *1 The composition ratio of monthly remuneration, STI, and LTI will be approximately 1:1:2 when consolidated net profit is 500 billion yen and core operating cash flow is 600 billion yen
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© Marubeni Corporation All Right s Reserved. Ref. 02 Aviation Aftermarket and Asset Trading Business 15 Strengthening aircraft parts sales through Magellan Aviation Group LLLP (“Magellan”, invested in 2012 and later fully acquired) and DASI, LLC (“DASI”, invested in 2023 and fully acquired in April 2026), delivering optimal solutions in the highly specialized aviation aftermarket Growth Domains Demand for mid-life aircraft and USM (Used Serviceable Materials) continues to grow amid strong air passenger demand and reduced new aircraft deliveries. The market for USM is expanding as airlines seek to reduce maintenance costs amid intensifying cost competition. High Added Value Leveraging functions in USM procurement and sales, maintenance and dismantling, and asset trading to provide optimal solutions to more than 3,500 customers worldwide. Handling mid-life aircraft and USM requires specialized technical expertise and various licenses, creating high entry barriers and a limited number of participants. Leveraging high-quality, efficient operations, meeting diverse customer needs through an extensive product lineup, rapid delivery, and competitive pricing. Scalability Continue expanding capabilities through M&A and strengthening the earnings base through cross-business synergies, including shared sales channels. Leveraging Magellan/DASI expertise to establish an Asian ecosystem through KarbonMRO and capture growing parts demand. Forecast 24.0 ROIC 33% (billion yen) CAGR +20% 22.0 ROIC 23% FY2019 FY2025 FY2026 Adjusted net profit
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© Marubeni Corporation All Right s Reserved. • Rigorously selecting, streamlining, and upgrading the quality of the existing trading asset portfolio • Flexibly providing alternative supplies of ethylene, propylene, and other products to customers facing issues in their naphtha supply chains, leveraging the integrated capabilities of our naphtha and olefins businesses • Managing the naphtha supply issues and cost- increase risks through operational excellence and disciplined position management, while remaining closely aligned with customer needs • Strengthening high-value-added deliveries, including vessel deployment, to European and other markets with growing structural import demand Ref. 03 Petrochemical business (Olefins/Naphtha) / Enhancement of Trading Capabilities Structural market downturn from overcapacity in China and slower global demand growth, alongside supply chain issues caused by Middle East tensions By further enhancing high-value-added trading that combines our proprietary logistics assets and sourcing network, we will advance our supply-demand balancing capabilities and maximize customer value in a changing market environment To address the challenges in FY2025, we are pursuing: 1. Review of trading flows on an integrated basis across naphtha and olefins; 2. Optimization of the portfolio of trading assets, including agile replacements and reviews, and enhancement of operational capabilities; 3. Rigorous position optimization and hedging strategies 16 Business Environment / Challenges Our Agile Response Olefin vessels U.S. export terminal Our Market Presence Key Initiatives Structural over-supply • Rapid capacity additions in China • Margin squeeze amid intensifying competition in Asian markets Sluggish demand • Sluggish petrochemical demand amid a global economic slowdown Geopolitical risk • Supply chain issues due to Middle East tensions • Delays in naphtha deliveries to customers and rising procurement costs Structural increase in import demand (Europe) • Accelerating closures and consolidation of petrochemical facilities, particularly in Europe • Shift from domestic production to imports from competitive overseas production sites Utilization of strategic assets • Optimized vessel deployment through owned and chartered olefin vessels • Holding U.S. olefin export terminal access rights Managing procurement risks and trade profits • Established a network of non-Middle Eastern supply sources, including U.S. petrochemicals derived from associated gas, with limited exposure to Middle East-related issues • Supply-demand balancing solutions to customers amid naphtha supply issues • Risk mitigation through rigorous position management and hedging • Expanded deliveries to supply- and logistics-constrained Europe Olefin trading share in the global seaborne trade market approx. 30% ※As of December 2025
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© Marubeni Corporation All Right s Reserved. Marubeni IR Day 2026 Date & Time September 9th 13:30-16:30 (TBC) Speakers CEO / CFO / Business Division COOs/ Independent Directors, and others *Presentation materials and a video recording will be available on our website Agenda (subject to change) Toward a Value-Creating Corporate Group Beyond the Boundary of Sogo Shosha01 Financial Strategy and Cost of Capital Optimization02 Progress from Previous IR Day03 Growth Strategies for Strategic Platform Businesses04 Value Enhancement Driven by the Value Creation Office05 Long-Term Investments for Future Growth: AI/Semiconductors and Space06 Panel Discussion with Independent Directors07 17© Marubeni Corporation All Right s Reserved.
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© Marubeni Corporation All Right s Reserved. 18 Supplementary Information ①Segment Information ②Supplementary Data
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© Marubeni Corporation All Right s Reserved. 0 10 20 30 40 Q1 FY2025 Q1 FY2026 FY2026 Forecast Lifestyle Contribute to the realization of an enriched lifestyle by creating new value through the provision of a comprehensive range of products and services closely connected to people's daily lives Major Results Lifestyle ー Net Profit Net Profit – Major Factors for Increase/Decrease (YoY Basis) 19 *1 Marubeni Fashion Link and Marubeni Consumer Brands merged in April 2026, with Marubeni Fashion Link as the surviving company, and changed the company name to Marubeni Consumer Link. *2 Marubeni Intex and Marubeni Techno Rubber merged in April 2026, with Marubeni Intex as the surviving company. Net Profit for FY2025 Net profit for FY2026 6.8 3.9 5.7 8.9 0 5 10 15 20 Q1 Q2 Q3 Q4 Full-year: 25.3 7.2 0 5 10 15 20 Q1 Full-year Forecast: 35.0 Progress: 21% Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 6.8 7.2 +0.4 35.0 21% One-time Items -1.0 0.0 +1.0 0.0 - Adjusted Net Profit 7.0 7.0 0.0 35.0 20% Q1 Actual Quarterly Results (announced on May 1, 2026) Revision to FY2025 Net Profit (based on the FY2026 organizational structure) from ¥25.2 bn announced in May 2026 (billion yen) Lifestyle - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Marubeni Consumer Link (*1) Consolidated 100% 0.2 0.3 +0.1 Planning, manufacturing and sales of apparel, goods, and footwear SAIDE GROUP DIS TICARET Equity method 45.5% 0.1 -0.2 -0.3 Planning, manufacture and sales of apparel and goods Marubeni Intex (*2) Consolidated 100% 0.6 0.6 -0.0 Sales of industrial materials, rubber materials, and household goods Conveyor Solutions Business Consolidated 100% 0.4 0.7 +0.4 Sales and services for conveyor belts, parts and other industrial use rubber products in North America B-Quik Business Consolidated - 1.2 1.3 +0.1 Car maintenance business in the ASEAN MUSI Pulp Project Consolidated TEL 85.1% MHP 100% 2.4 1.2 -1.2 Hardwood plantation and sales, production and sales of bleached hardwood kraft pulp WA Plantation Resources Consolidated 100% -0.5 -0.2 +0.4 Wood chip production and plantation in Australia Koa Kogyo Consolidated 80.0% 0.6 0.7 +0.0 Manufacture and sales of containerboard and printing paper Fukuyama Paper Consolidated 55.0% 0.4 0.4 +0.0 Manufacture and sales of containerboard and base paper for paper tubes Marubeni Forest LinX Consolidated 100% 0.5 0.7 +0.2 Sales of forest-derived products including raw materials for paper and paper products Santher-Fabrica de Papel Santa Therezinha Equity method 49.0% 0.1 0.5 +0.4 Manufacture and sales of hygiene products (household paper, diapers, sanitary napkins, etc.) in Brazil MX Mobiling Consolidated 100% 1.4 2.0 +0.7 Operation of “docomo shop” as an agent, sales of smartphone-related products and services, sales of solutions for corporate customers, bank agency business
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© Marubeni Corporation All Right s Reserved. Strive to produce and provide a stable supply of sustainable food resources, support a rich food culture, and contribute to society through global business operations Food & Agri Business 35.5 5.8 20.7 19.4 0 20 40 60 Q1 Q2 Q3 Q4 Full-year: 81.5 *1 Listed Company: We are not able to mention the financial results. *2 Stated figures which are multiplications of disclosed figures of this company and our equity portion, are shown for reference. Adjustments of accounting standard variances have been applied to our IFRS consolidated statements 20 0 20 40 60 80 100 Q1 FY2025 Q1 FY2026 FY2026 Forecast Food & Agri Business • Weaker performance in the US beef processing and sales business • Deterioration due to the absence of the gains and losses on futures in the overseas instant coffee manufacturing and sales business 31.4 0 20 40 60 Q1 Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 35.5 31.4 -4.1 88.0 36% One-time Items 2.0 -2.0 -4.0 0.0 - Adjusted Net Profit 33.0 33.0 0.0 88.0 38% Full-year forecast: 88.0 Progress: 36% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) Food & Agri Business - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Yamaboshiya Consolidated 75.6% 0.5 0.4 -0.1 Wholesale of confectionary products to mass-retail and convenience stores The Nisshin OilliO Group (*1) Equity method 16.9% Processing and sales of edible oil business Marubeni Foods Consolidated 100% 0.3 0.5 +0.2 Import, export, and wholesale of raw materials and products in the beverage, agricultural, and food products materials Olympus Holding (Orffa) Consolidated 100% 0.0 0.2 +0.2 Feed additive distribution business Euroma Holding Consolidated 100% 0.3 0.0 -0.2 Manufacture and sale of spices and seasonings in the Netherlands Cia. Iguacu de Cafe Soluvel Consolidated 100% 1.1 1.2 +0.1 Manufacturing and sales of instant coffee in Brazil Iguacu Vietnam Consolidated 100% 0.7 -0.5 -1.2 Manufacturing and sales of instant coffee in Vietnam Creekstone Farms Premium Beef Consolidated 100% -1.0 -2.5 -1.5 Harvesting cattle, meat processing, and sales in USA Wellfam Foods Consolidated 100% 1.7 1.8 +0.1 Marketing of livestock, meats and processed products S FOODS (*2) Equity method 15.3% 0.3 0.3 -0.0 Wholesale, retail and restaurant business of meats Columbia Grain International Consolidated 100% -0.8 -0.9 -0.0 Origination, storage, exporting and domestic sales of grain produced in North America Marubeni Nisshin Feed Consolidated 60.0% 0.5 0.4 -0.1 Manufacture and sales of livestock feed Pacific Grain Terminal Consolidated 78.4% 0.3 0.3 -0.0 Warehousing, stevedoring and transportation operations Marubeni Seafoods Consolidated 100% 0.3 0.4 +0.0 Import/export of seafood products, wholesale of seafood products and cold-storage warehousing Helena Agri-Enterprises Consolidated 100% 18.2 18.7 +0.5 Sales of agricultural materials and provision of various services in USA Adubos Real Consolidated 80.0% 0.2 -0.3 -0.5 Sales of agricultural materials and provision of various services in Brazil MacroSource Consolidated 100% 5.7 6.2 +0.4 Wholesale of fertilizer in USA, etc.
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© Marubeni Corporation All Right s Reserved. Promote all areas of the metal and mineral resources supply chain business from mine development to raw materials, products, trading, and recycling Metals & Mineral Resources 21 0 40 80 120 160 Q1 FY2025 Q1 FY2026 FY2026 Forecast Metals & Mineral Resources • Increase in profit from the Chilean copper business, the Australian steelmaking coal business and aluminum business reflecting higher commodity prices 28.7 23.5 44.3 37.8 0 20 40 60 80 Q1 Q2 Q3 Q4 Full-year: 134.3 42.0 0 20 40 60 80 Q1 Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 28.7 42.0 +13.2 153.0 27% One-time Items 1.0 -1.0 -2.0 0.0 - Adjusted Net Profit 27.0 43.0 +16.0 153.0 28% Full-year Forecast: 153.0 Progress: 27% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) Metals & Mineral Resources - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Roy Hill Iron Ore Project Equity method 15.0% 4.5 4.5 -0.0 Investment in iron ore business in Australia Marubeni Resources Development Consolidated 100% 6.2 8.7 +2.4 Investment in steelmaking material business, etc. in Australia Marubeni LP Holding Consolidated 100% 8.2 14.1 +5.8 Investment in copper business in Chile Marubeni Metals & Minerals (Canada) Consolidated 100% -0.4 3.3 +3.7 Smelting and sales of aluminum ingots in Canada Marubeni Aluminium Australia Consolidated 100% 0.5 3.0 +2.5 Smelting and sales of aluminum ingots in Australia Marubeni-Itochu Steel Equity method 50.0% 7.3 8.0 +0.7 Sales and business management of steel products
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© Marubeni Corporation All Right s Reserved. Build supply chains and create value from upstream to downstream, including carbon-neutral initiatives, in energy and chemical- related industries through both investment and trading Energy & Chemicals 22 0 10 20 30 40 50 Q1 FY2025 Q1 FY2026 FY2026 Forecast Energy & Chemicals • Increase in profit from the trading of petrochemical products • Increase in profit from natural gas trading in North America 8.9 -5.0 4.7 13.6 -5 5 15 25 Q1 Q2 Q3 Q4 Full-year: 22.2 25.8 0 20 40 60 Q1 *1 Total net profit of Petrochemical Products & Feedstock Dept, Functional Materials Business Dept and Innovexis Management. Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 8.9 25.8 +17.0 42.0 62% One-time Items 0.0 -5.0 -5.0 -1.0 - Adjusted Net Profit 9.0 31.0 +22.0 43.0 72% Full-year Forecast: 42.0 Progress: 62% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) Energy & Chemicals - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business LNG Projects - - 1.6 0.9 -0.7 Liquefaction of natural gas overseas Oil & Gas E&P Consolidated 100% 2.0 4.7 +2.6 Total of oil and gas E&P at U.S. Gulf of Mexico, U.S. onshore and offshore India ENEOS GLOBE Equity method 20.0% 0.5 0.9 +0.4 Import and sales of LPG, and sales of new energy-related equipment MIECO Consolidated 100% 1.5 3.1 +1.6 Sales of all types of petroleum products and natural gas Chemical-related business (*1) - - 1.9 14.9 +13.0 Trading business including petrochemical products, PVC, chlor-alkali products, inorganic chemicals, plastics and functional materials, etc
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© Marubeni Corporation All Right s Reserved. Provide value through renewable energy, storage batteries, and power services, as well as social infrastructure services in response to the energy transition Power & Infrastructure Services *1 Total profits of consolidated subsidiaries and share of associates and joint ventures of our IPP projects. *2 Factorenergia's net profit is included in our consolidated profit from the 1st quarter of FY2026. *3 Total profits of consolidated subsidiaries and share of associates and joint ventures of our FPSO projects. *4 Total profits of consolidated subsidiaries and share of associates and joint ventures of our overseas water/wastewater services and IWP projects. 23 0 20 40 60 80 Q1 FY2025 Q1 FY2026 FY2026 Forecast Power & Infrastructure Services 17.1 20.1 11.8 5.3 0 20 40 60 Q1 Q2 Q3 Q4 Full-year: 54.3 29.3 0 20 40 60 Q1 • Gain on sale of overseas IPP investment Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 17.1 29.3 +12.2 71.0 41% One-time Items 1.0 14.0 +13.0 3.0 - Adjusted Net Profit 16.0 16.0 0.0 68.0 24% Full-year Forecast: 71.0 Progress: 41% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual Revision to FY2025 Net Profit (based on the FY2026 organizational structure) from ¥54.6 bn announced in May 2026 (announced on May 1, 2026) (billion yen) Power & Infrastructure Services - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business IPP Projects (*1) - - 11.1 24.4 +13.3 Overseas and domestic power generation SmartestEnergy Group (*2) Consolidated - 3.1 2.2 -0.8 Electricity aggregation and retail business in UK, USA, Australia and other FPSO Projects (*3) - - 1.3 1.8 +0.6 FPSO project investment and management Overseas Water/Wastewater Services and IWP Projects (*4) - - 3.0 2.6 -0.4 Overseas water/wastewater services and IWP projects
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© Marubeni Corporation All Right s Reserved. Provide financial and real estate solutions unique to diversified trading conglomerates to address diversified customer challenges and needs Finance, Leasing & Real Estate Business *1 The consolidated equity portion and net profit, including the 20% portion in the Aerospace & Mobility Division, are shown. *2 Stated figures which are multiplications of disclosed figures of this company and our equity portion, are shown for reference. Adjustments of accounting standard variances have been applied to our IFRS consolidated statements *3 Following the establishment of Daiichi Life Marubeni Real Estate in July 2025, this company's net profit is included in our consolidated profit from 2nd quarter of the FY2025. 24 • The absence of the gain on sale of the North American railcar leasing business recognized in the same period of the previous fiscal year • Decrease in profits from the mobility business in North America • Increase in profit from the aircraft leasing business 0 20 40 60 80 Q1 FY2025 Q1 FY2026 FY2026 Forecast Finance, Leasing & Real Estate Business 30.9 94.9 14.5 21.8 0 40 80 120 Q1 Q2 Q3 Q4 Full-year: 162.0 17.9 0 20 40 60 Q1 Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 30.9 17.9 -13.0 76.0 24% One-time Items 12.0 0.0 -12.0 0.0 - Adjusted Net Profit 19.0 18.0 -1.0 76.0 24% Full-year Forecast: 76.0 Progress: 24% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) Finance, Leasing & Real Estate Business - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Nowlake Business Equity method 21.7% 8.3 6.1 -2.2 Used car retail financing business in USA Wheels Business (*1) Equity method 20.0% 1.1 0.7 -0.4 Fleet management business in USA PLM Fleet Equity method 50.0% 0.3 0.4 +0.1 Leasing and rental of refrigerated trailers in USA Marubeni Fuyo Auto Investment (Canada) Equity method 50.0% 0.0 0.1 +0.1 Investment in commercial vehicle rental and leasing business in Canada Mizuho Leasing (*2) Equity method 20.2% 3.1 4.7 +1.6 Integrated financial services Mizuho Marubeni Leasing Equity method 50.0% 0.7 0.9 +0.2 General leasing and related businesses Aircastle Business Equity method 75.0% 3.0 6.7 +3.7 Aircraft operating lease business Daiichi Life Marubeni Real Estate (*3) Equity method 50.0% - 0.7 - Asset management, property management, and development businesses for domestic real estate Insurance Business Consolidated 100% 0.7 0.9 +0.2 Insurance agent, Insurance broker, and Captive insurance business
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© Marubeni Corporation All Right s Reserved. Promote further functional enhancement and value creation across the entire mobility value chain through land, sea, and air Aerospace & Mobility 25 0 20 40 60 80 Q1 FY2025 Q1 FY2026 FY2026 Forecast Aerospace & Mobility • Valuation gains on existing shares as a result of the consolidation of an aircraft parts distributor (DASI) as a wholly- owned subsidiary • Increase in profit from the aviation-related business 11.5 12.5 14.6 9.2 0 20 40 60 Q1 Q2 Q3 Q4 Full-year: 47.8 22.8 0 20 40 60 Q1 Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 11.5 22.8 +11.3 55.0 42% One-time Items 1.0 6.0 +5.0 -5.0 - Adjusted Net Profit 11.0 17.0 +6.0 60.0 28% Full-year Forecast: 55.0 Progress: 42% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) Aerospace & Mobility - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Marubeni Aviation Asset Investment Consolidated 100% 1.3 2.2 +0.9 Investment in aircraft parts trading business in USA Ship owning and operating business - - 2.5 5.7 +3.2 Owning and operating of ships Construction Machinery Business - - 3.9 3.2 -0.7 Sales of construction machinery and related services, financing Automotive Aftermarket Business - - 0.9 0.1 -0.8 Automotive aftermarket business in North America Marubeni Auto Investment (UK) Consolidated 100% -0.1 0.3 +0.4 Investment in automobile retail business in UK
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© Marubeni Corporation All Right s Reserved. Deliver value to customers by consistently providing ICT services (from AX/DX consulting to system solutions incorporating advanced technologies) that leverage our strengths IT Solutions *1 Total net profit of Marubeni Transport Service, Marubeni Logistics (Shanghai), and Marubeni Logistics (Thailand), all subsidiaries of Marubeni Logistics. 26 ー 0.7 2.0 1.4 1.3 0 5 10 Q1 Q2 Q3 Q4 Full-year: 5.4 0.3 0 5 10 Q1 0 5 10 Q1 FY2025 Q1 FY2026 FY2026 Forecast IT Solutions Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 0.7 0.3 -0.4 7.0 5% One-time Items 0.0 0.0 0.0 0.0 - Adjusted Net Profit 1.0 0.0 -1.0 7.0 0% Full-year Forecast: 7.0 Progress: 5% Net Profit Major Results Quarterly Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) IT Solutions - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Marubeni I-DIGIO Holdings Consolidated 100% 0.7 0.3 -0.5 Providing IT and digital solutions including information systems, cloud computing, security, networking, and data centers ARTERIA Networks Consolidated 66.7% 0.8 0.4 -0.4 Provision of various network services for businesses and condominiums Marubeni Logistics (*1) Consolidated 100% 0.3 0.4 +0.1 International combined transport operation (NVOCC) , 3PL (Third-party Logistics), ocean & air freight forwarding, consultancy relating to logistics
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© Marubeni Corporation All Right s Reserved. Implement the winning strategies of our successfully developed businesses in next generation growth domains and promote the development of new business models and business creation Next Generation Business Development 27 0 10 20 Q1 FY2025 Q1 FY2026 FY2026 Forecast Next Generation Business Development • The absence of the gain from negative goodwill arising from the acquisition of the device solution business recognized in the same period of the previous year • Increase in profit from the pharmaceutical sales business 10.2 4.3 2.5 3.2 0 5 10 15 Q1 Q2 Q3 Q4 Full-year: 20.2 4.6 0 5 10 15 Q1 Quarterly Results Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit 10.2 4.6 -5.6 14.0 33% One-time Items 8.0 0.0 -8.0 0.0 - Adjusted Net Profit 2.0 5.0 +3.0 14.0 36% *1 Total net profit of Marubeni Citizen-Cincom, Marubeni Techno-Systems, etc. *2 Total net profit of Marubeni Ele-Next, OS Electronics, etc. Full-year Forecast: 14.0 Progress: 33% Net Profit Major Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) Revision to FY2025 Net Profit (based on the FY2026 organizational structure) from ¥20.3 bn announced in May 2026 (billion yen) Next Generation Business Development - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Pharmaceutical Sales Business - - 0.4 2.7 +2.3 Pharmaceutical sales in Asia, the Middle East, and Africa. Licensing business. Industrial Machinery and Machine Tools Business (*1) - - 0.6 0.7 +0.1 Engineering, sales, and after-sales of industrial machinery and machine tools Device Solution Business (*2) - - 8.7 1.4 -7.3 Sales of electronic components and circuit design services
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© Marubeni Corporation All Right s Reserved. Promote high growth potential consumer-related businesses investment and M&A through specialized organization management and build the next generation of revenue bases Next Generation Corporate Development 28 -5 0 5 10 Q1 FY2025 Q1 FY2026 FY2026 Forecast Next Generation Corporate Development ー -1.4 0.8 0.2 -1.3 -5 0 5 10 Q1 Q2 Q3 Q4 Full-year: -1.7 -1.5 -5 0 5 10 Q1 *1 Total profits and others of consolidated subsidiaries and share of associates of R.G. Barry, AIG, One-ject, Tim Hortons franchise business and ETVOS. Q1 FY2025 Actual Q1 FY2026 Actual Change FY2026 Forecast Progress Net Profit -1.4 -1.5 -0.0 -1.0 - One-time Items 0.0 0.0 0.0 0.0 - Adjusted Net Profit -1.0 -1.0 0.0 -1.0 - Full-year Forecast: -1.0 Progress: - Net Profit Quarterly Results Major Results Net Profit – Major Factors for Increase/Decrease (YoY Basis) Net Profit for FY2025 Net profit for FY2026 Q1 Actual (announced on May 1, 2026) (billion yen) Next Generation Corporate Development - Net Profit of Major Group Companies and Others (billion yen) Company name Consolidated/ Equity method Equity Portion FY2025 Q1 Results FY2026 Q1 Results Change Description of business Corporate development related business (*1) - - -0.7 -0.5 +0.2 Consumer-related business in Southeast Asia, USA and Japan
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© Marubeni Corporation All Right s Reserved. 29 Supplementary Information ①Segment Information ②Supplementary Data
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© Marubeni Corporation All Right s Reserved. 01 Operating Results *1 “Operating profit (loss)” is presented in accordance with Japanese accounting practice for investors‘ convenience and is not required by IFRS Accounting Standards. *2 "Non-operating other-net" is the sum of "Gains (losses) on investment securities", "Gains (losses) on property, plant and equipment", "Other income" and "Other expenses“. *3 "Profit attributable to owners of the parent" is shown as "Net profit" in this material. 30 (billion yen) Revenue 2,163.7 2,609.2 +445.5 21% Gross trading profit 299.8 381.0 +81.2 27% Selling, general and administrative expenses -213.0 -246.5 -33.4 16% Gains (losses) on allowance for doubtful accounts -1.4 -2.4 -1.0 70% Operating profit (loss) (*1) 85.4 132.1 +46.7 55% Interest expenses, net of interest income -13.3 -11.5 +1.8 -14% Dividend income 6.2 2.8 -3.5 -56% Non-operating other-net (*2) 26.0 16.6 -9.5 -36% Share of profit (loss) of associates and joint ventures 77.1 88.8 +11.8 15% Profit before tax 181.5 228.8 +47.3 26% Income taxes -23.9 -37.7 -13.8 58% Profit for the period 157.6 191.1 +33.5 21% Profit attributable to owners of the parent (Net profit) (*3) 154.4 186.4 +32.0 21% Profit attributable to non-controlling interests 3.2 4.7 +1.5 48% Items FY2025 Q1 Results FY2026 Q1 Results Change Change in percentage ＜Gross trading profit＞ ・ ( ) Increases in profit from the trading of petrochemical products and the oil & natural gas business. ・ ( ) Increases in profit from Helena Agri-Enterprises (Helena) and the fertilizer wholesale business in the U.S. ・ ( ) ・ ( ) Increases in profit from the pharmaceutical sales business. ＜Share of profit (loss) of associates and joint ventures＞ ・ Metals & Mineral Resources ( ) Increase in profit from the Chilean copper business and the Australian steelmaking coal business reflecting higher commodity prices. ＜Net profit＞ ( ) Net profit for Q1 FY2026 amounted to 186.4 billion yen, with 32.0 billion yen (21%) year-on-year increase ( ) The progress to FY2026 yearly forecast of 580.0 billion yen is 32% ( ) ( ) Increases in profit from the aviation-related business and profit resulting from the consolidation of an aircraft parts distributor (DASI) as a wholly-owned subsidiary. Resources +16.7 28.7 → 45.4 Other +1.1 5.5 → 6.6 Consolidated +32.0 154.4 → 186.4 Non-resources +14.3 120.1 → 134.5 +9.7 26.4 → 36.1 Aerospace & Mobility +12.2 35.1 → 47.3 Next Generation Business Development +10.9 7.9 → 18.7 Energy & Chemicals +32.2 27.2 → 59.3 Food & Agri Business +12.3 133.7 → 145.9
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© Marubeni Corporation All Right s Reserved. 02 Cash Flows and Financial Position 31 ＜Cash Flows＞ • Net cash provided by operating activities was 176.5 billion yen due to operating revenue and dividend income, partially offset by an increase in working capital requirements and other activities. • Net cash used in investing activities was 183.4 billion yen, due to the outflow from capital expenditures in overseas businesses, the acquisition of shares of subsidiaries and other activities, partially offset by the proceeds from the sale of investments in associates and joint ventures accounted for under the equity method and other activities. • As a result, free cash flow for the three-month period for FY2026 was an outflow of 6.9 billion yen. ＜Financial Position＞ • Net interest-bearing debt increased by 191.8 billion yen from the end of the previous fiscal year to 2,050.5 billion yen, due to dividend payments and the purchase of treasury stock. • Equity attributable to owners of the parent increased by 98.0 billion yen from the end of the previous fiscal year to 4,461.7 billion yen, due to an increase in the retained earnings from net profit accumulation and an increase in foreign currency translation adjustments owing to the depreciation of the Japanese yen, despite a decrease resulting from the purchase of treasury stock. • As a result, Net DE ratio stood at 0.46 times. (billion yen) announced on May 1, 2026 announced on Aug. 3, 2026 Cash flow from operating activities 116.6 176.5 +59.9 560.0 560.0 Core operating cash flow 153.9 249.9 +96.0 660.0 660.0 Changes in working capital and others -37.3 -73.4 -36.1 -100.0 -100.0 Cash flow from investing activities -113.7 -183.4 -69.7 -440.0 -440.0 New investments -88.9 -117.1 -28.3 -500.0 -500.0 CAPEX and others -91.4 -100.7 -9.3 -170.0 -170.0 Divestments 66.5 34.4 -32.1 230.0 230.0 Free cash flow 2.9 -6.9 -9.7 120.0 120.0 -72.8 -87.7 -14.9 -25.0 -125.0 announced on May 1, 2026 announced on Aug. 3, 2026 Total assets 10,531.8 10,559.7 +27.9 Net interest-bearing debt 1,858.7 2,050.5 +191.8 around 2,000.0 around 2,100.0 Equity attributable to owners of the parent 4,363.7 4,461.7 +98.0 around 4,400.0 around 4,300.0 Net DE ratio 0.43 times 0.46 times +0.03 points around 0.4~0.5 times around 0.4~0.5 times FY2026 Forecasts Items FY2025 Q1 Results FY2026 Q1 Results Change FY2026 Forecasts Free cash flow after shareholder distributions (excluding changes in working capital and others) Items March 31, 2026 June 30, 2026 Change
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© Marubeni Corporation All Right s Reserved. 03 Segment Information ① 32 (billion yen) FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change 45.9 50.0 +4.1 133.7 145.9 +12.3 9.8 16.5 +6.7 0.7 0.8 +0.1 4.5 2.0 -2.5 26.4 36.1 +9.7 6.8 7.2 +0.4 35.5 31.4 -4.1 28.7 42.0 +13.2 10.6 11.6 +1.0 46.1 45.2 -0.8 4.3 10.4 +6.1 Depreciation and Amortisation 5.6 6.7 +1.1 16.0 18.5 +2.4 1.8 2.6 +0.8 Interest Received 0.3 0.3 +0.0 2.0 2.6 +0.7 0.8 0.5 -0.4 Dividends Received 1.6 0.6 -1.0 3.1 2.7 -0.4 27.3 25.1 -2.2 Among the above, cash dividends from equity method investees 0.7 0.4 -0.3 2.5 2.2 -0.3 27.1 24.3 -2.8 -1.9 -2.0 -0.1 -6.4 -6.3 +0.1 -1.2 -1.0 +0.2 -4.4 -4.7 -0.3 -3.1 -2.0 +1.1 -4.2 -6.2 -2.0 11.8 12.5 +0.7 57.6 60.7 +3.1 28.8 31.4 +2.5 Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change 697.4 701.6 +4.2 2,700.6 2,520.1 -180.6 1,647.6 1,698.8 +51.2 Current Assets 344.6 345.9 +1.4 1,721.5 1,537.9 -183.6 352.9 364.6 +11.7 Non-current Assets 352.8 355.7 +2.8 979.1 982.2 +3.1 1,294.8 1,334.3 +39.5 Investments in associates and joint ventures 84.6 85.9 +1.3 138.8 140.5 +1.7 1,159.7 1,193.2 +33.5 FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change 27.2 59.3 +32.2 21.1 26.0 +4.9 9.0 3.0 -6.0 2.7 2.0 -0.6 16.4 17.7 +1.3 18.5 22.7 +4.1 8.9 25.8 +17.0 17.1 29.3 +12.2 30.9 17.9 -13.0 10.9 42.8 +31.9 1.1 2.2 +1.1 1.3 -2.3 -3.6 Depreciation and Amortisation 9.8 7.5 -2.3 1.7 2.7 +0.9 0.1 0.1 -0.1 Interest Received 1.5 1.8 +0.3 2.2 2.3 +0.2 0.4 0.5 +0.1 Dividends Received 2.4 8.5 +6.1 7.0 11.9 +4.9 7.8 36.4 +28.7 Among the above, cash dividends from equity method investees 1.5 8.4 +6.8 6.9 11.6 +4.7 7.7 36.0 +28.3 -5.5 -5.3 +0.1 -3.9 -3.3 +0.6 -1.2 -1.5 -0.3 5.3 5.4 +0.0 -3.4 -3.5 -0.1 -3.2 -8.6 -5.3 24.5 60.6 +36.1 4.7 12.3 +7.6 5.3 24.7 +19.5 Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change 1,151.3 1,114.0 -37.3 1,773.7 1,845.1 +71.4 1,021.0 1,054.8 +33.8 Current Assets 871.4 796.4 -75.0 661.7 686.5 +24.8 76.9 91.6 +14.7 Non-current Assets 279.9 317.6 +37.7 1,112.0 1,158.6 +46.6 944.1 963.2 +19.1 Investments in associates and joint ventures 108.3 102.6 -5.6 805.4 807.3 +1.9 920.9 930.2 +9.2 * Adjusted operating profit = Gross trading profit + Selling, general and administrative expenses Segment Assets Segment Lifestyle Food & Agri Business Metals & Mineral Resources Gross Trading Profit Share of profit (loss) of associates and joint ventures Net Profit Adjusted operating profit (*) Interest paid Income taxes paid Core operating cash flow Segment Assets Segment Energy & Chemicals Power & Infrastructure Services Finance, Leasing & Real Estate Business Gross Trading Profit Share of profit (loss) of associates and joint ventures Net Profit Adjusted operating profit Interest paid Income taxes paid Core operating cash flow ** * * * * * ** *
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© Marubeni Corporation All Right s Reserved. 03 Segment Information ② 33 (billion yen) FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change 35.1 47.3 +12.2 11.6 11.7 +0.1 7.9 18.7 +10.9 5.8 5.5 -0.3 0.0 0.2 +0.2 1.7 1.3 -0.4 11.5 22.8 +11.3 0.7 0.3 -0.4 10.2 4.6 -5.6 9.9 17.0 +7.0 2.1 1.2 -0.9 1.5 7.6 +6.1 Depreciation and Amortisation 5.9 7.3 +1.4 4.3 4.5 +0.2 0.5 1.9 +1.4 Interest Received 0.4 0.4 +0.0 0.1 0.1 +0.0 0.1 0.2 +0.1 Dividends Received 1.8 7.9 +6.1 0.1 0.2 +0.1 3.2 3.6 +0.5 Among the above, cash dividends from equity method investees 1.8 7.9 +6.1 0.1 0.1 +0.1 3.1 3.5 +0.4 -3.1 -3.8 -0.7 -0.3 -0.4 -0.1 -0.3 -0.5 -0.1 -0.4 -0.5 -0.0 -2.6 -2.4 +0.2 -1.2 -4.2 -3.0 14.5 28.4 +13.9 3.7 3.3 -0.4 3.8 8.6 +4.8 Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change 838.6 917.5 +79.0 272.2 269.3 -2.9 267.8 275.7 +7.9 Current Assets 300.6 339.4 +38.8 89.9 87.2 -2.7 130.3 140.9 +10.6 Non-current Assets 538.0 578.1 +40.2 182.3 182.1 -0.2 137.5 134.8 -2.6 Investments in associates and joint ventures 218.7 206.4 -12.3 7.8 8.0 +0.2 50.8 49.9 -1.0 FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change FY2025 Q1 Results FY2026 Q1 Results Change 1.9 5.1 +3.1 -3.2 -2.5 +0.7 299.8 381.0 +81.2 0.4 0.5 +0.2 0.0 0.1 +0.1 77.1 88.8 +11.8 -1.4 -1.5 -0.0 5.5 6.6 +1.1 154.4 186.4 +32.0 -1.7 -1.9 -0.2 0.6 0.7 +0.1 86.8 134.5 +47.7 Depreciation and Amortisation 0.4 0.7 +0.3 3.5 3.3 -0.2 49.8 55.7 +5.9 Interest Received 0.0 0.5 +0.4 -3.4 -2.0 +1.4 4.4 7.3 +2.9 Dividends Received - - - 0.2 0.3 +0.1 54.4 97.3 +42.9 Among the above, cash dividends from equity method investees - - - 0.0 0.0 -0.0 51.4 94.3 +42.9 -0.7 -1.3 -0.7 7.6 7.7 +0.1 -16.8 -17.6 -0.8 0.2 0.4 +0.2 -7.6 -1.1 +6.6 -24.7 -27.3 -2.7 -1.7 -1.6 +0.1 0.9 8.9 +8.0 153.9 249.9 +96.0 Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change Mar. 31, 2026 Jun. 30, 2026 Change 132.4 136.8 +4.4 29.1 25.9 -3.2 10,531.8 10,559.7 +27.9 Current Assets 25.4 28.7 +3.4 -69.0 -79.4 -10.4 4,506.1 4,339.7 -166.5 Non-current Assets 107.0 108.0 +1.0 98.1 105.3 +7.2 6,025.6 6,220.0 +194.4 Investments in associates and joint ventures 31.5 32.0 +0.6 -22.2 -20.9 +1.3 3,504.2 3,535.1 +31.0 Segment Assets Segment Aerospace & Mobility IT Solutions Next Generation Business Development Gross Trading Profit Share of profit (loss) of associates and joint ventures Net Profit Adjusted operating profit Interest paid Income taxes paid Core operating cash flow Segment Assets Segment Next Generation Corporate Development Other Consolidated Gross Trading Profit Share of profit (loss) of associates and joint ventures Net Profit Adjusted operating profit Interest paid Income taxes paid Core operating cash flow ** * ** * * * ** *
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© Marubeni Corporation All Right s Reserved.