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1© 2026 Mitsui O.S.K. Lines, Ltd. © 2026 Mitsui O.S.K. Lines, Ltd. Mitsui O.S.K. Lines, Ltd. Business Performance in FY2025-3rd Quarter 2026/1/30
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2© 2026 Mitsui O.S.K. Lines, Ltd. 1. FY2025-3rd Quarter Results [Consolidated] P3-5 2. Outline of FY2025-3rd Quarter Results [Consolidated] P6-7 3. FY2025 Full-year Forecast [Consolidated] P8-10 4. Key Points of FY2025 Full-year Forecast [Consolidated] P11-12 5. (Reference) Progress of BLUE ACTION 2035 P13-14 [Supplement #1-5] P15-19 Contents Note 1: Fiscal Year = from April 1 to March 31 Q1 = April to June Q2 = July to September Q3 = October to December Q4 = January to March Note 2: Amounts are rounded down to the nearest 100 million yen. (In the calculation of changes from the same period of the previous fiscal year and year-on-year, there may be differences from the Financial Highlights, which are rounded down to the nearest 1 million yen.) Note 3: Net income/loss = Profit/loss attributable to owners of parent Disclaimer: The performance forecasts and management indicators stated in this material are based on the best available information. Forecasts, by their nature, are not certain, so the information should be used as a guidance only, and any decisions concerning investments to be made under your own judgement and volition with the knowledge that actual performance may differ from the forecasts.
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3© 2026 Mitsui O.S.K. Lines, Ltd. FY2025-3rd Quarter Results [Consolidated]1 (¥ billion) Q1 Q2 Q3 Apr.-Dec. Q1 Q2 Q3 Apr.-Dec. 432.7 437.0 475.6 1,345.4 435.9 464.6 418.0 1,318.6 +26.7 37.0 34.7 30.9 102.7 40.5 48.8 33.2 122.6 -19.8 50.9 58.7 40.0 149.7 94.8 161.2 110.4 366.5 -216.7 52.2 62.3 46.8 161.4 108.5 142.3 125.7 376.6 -215.2 61.6 73.2 84.2 219.1 114.7 147.0 135.4 397.2 -178.0 52.8 63.3 64.3 180.5 106.9 141.6 121.3 369.9 -189.4 Average exchange rate (*2) ¥145.25/$ ¥146.93/$ ¥151.55/$ ¥147.91/$ ¥153.71/$ ¥153.71/$ ¥149.21/$ ¥152.21/$ -¥4.30/$ Average bunker price (all grades) (*2,3) $544/MT $547/MT $493/MT $528/MT $634/MT $616/MT $577/MT $609/MT -$81/MT (*1) Operating profit/loss + Equity in earnings of affilliated companies (*2) Average for the period (*3) Purchase price (*4) In the fourth quarter of consolidated FY2024, the provisional accounting treatment for the business combination has been finalized. Accordingly, the figures for FY2024 reflect the finalization of the provisional accounting treatment. YoY FY2025 FY2024 Result Result (*4) Business profit/loss (*1) Ordinary profit/loss Revenue Operating profit/loss Net income/loss Income/loss before income taxes
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4© 2026 Mitsui O.S.K. Lines, Ltd. FY2025-3rd Quarter Results [By segment]1 - Upper Lower (￥billion) Q1 Q2 Q3 Apr.-Dec. Q1 Q2 Q3 Apr.-Dec. 107.1 111.2 119.0 337.4 120.9 122.5 115.9 359.4 -21.9 - 3.4 3.5 1.7 1.8 7.5 2.7 6.0 16.3 -14.5 126.5 125.6 133.5 385.6 110.7 136.7 109.0 356.5 +29.0 29.7 18.0 18.1 65.9 22.0 41.3 18.2 81.6 -15.7 150.0 149.6 171.2 470.9 156.9 158.8 147.2 463.0 +7.9 30.2 33.3 16.9 80.4 65.3 114.7 92.3 272.3 -191.8 Containerships 13.8 13.6 13.3 40.8 15.9 15.8 13.8 45.6 -4.7 6.5 15.9 - 0.7 21.7 42.7 88.2 72.7 203.7 -182.0 29.1 31.7 31.0 91.9 27.7 28.5 29.0 85.3 +6.6 0.6 0.1 0.0 0.9 5.7 3.7 0.1 9.6 -8.7 Real Property Business 10.8 12.0 12.3 35.3 10.6 10.9 10.6 32.2 +3.0 1.8 1.8 2.3 6.0 5.2 3.1 1.9 10.2 -4.2 13.7 14.0 15.2 42.9 13.5 13.4 13.3 40.4 +2.5 0.5 0.7 1.3 2.6 0.5 0.6 0.8 2.0 +0.5 6.0 4.7 5.5 16.4 5.9 4.5 3.4 13.8 +2.5 1.4 0.2 1.3 3.0 2.1 0.3 1.1 3.6 -0.5 - - - - - - - - - - 6.9 6.2 7.2 6.5 5.2 - 21.1 6.8 - 9.1 +15.6 432.7 437.0 475.6 1,345.4 435.9 464.6 418.0 1,318.6 +26.7 52.2 62.3 46.8 161.4 108.5 142.3 125.7 376.6 -215.2 (*2) As of FY2025, the Coal Carrier Business, which was previously included in the Energy Business, has been reclassified under the Dry Bulk Business. The figures for FY2024 have been adjusted to reflect this segment reclassification. (*3) In the fourth quarter of consolidated FY2024, the provisional accounting treatment for the business combination has been finalized. Accordingly, the figures for FY2024 reflect the finalization of the provisional accounting treatment. FY2025 Result Result(*3) FY2024 Product Transport Business Consolidated Dry Bulk Business(*2) Energy Business(*2) Tankers, Wind Power, Offshore, Liquefied Gas(LNG / Ethane Carriers, etc.) (*1)Revenues from external customers Associated businesses Others Adjustment Tug boats, Trading, etc. Wellbeing & Lifestyle Business Real Property, Ferries & Coastal RoRo Ships, Cruise Ships (including Steaming Coal Carriers) Containerships, Car Carriers, Terminal & Logistics YoY Revenue (*1) Ordinary profit/loss
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5© 2026 Mitsui O.S.K. Lines, Ltd. FY2025 Q1-Q3 Result Analysis [By segment] in ordinary profit/loss1 - 376.6 14.5 15.7 191.8 8.7 0.5 0.5 15.6 0.0 50.0 100.0 150.0 200.0 250.0 300.0 350.0 400.0(¥ billion) FY2024 Apr-Dec Result Dry Bulk Energy Product Transport WBL Associated Others Adjustment FY2025 Apr-Dec Result 161.4 Total Increase Decrease
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6© 2026 Mitsui O.S.K. Lines, Ltd. Outline of FY2025-3rd Quarter Results(I) [Consolidated] [Overall] ◆Business profit / Ordinary profit / Income before income taxes / Net income: -¥216.7 billion / -¥215.2 billion / -¥178.0 billion / -¥189.4 billion year-on- year. ◆Major reasons for the change in profit: Profit decreased year-on-year for the company as a whole, mainly due to the deterioration in performance of the containership business. ◆(Exchange rate for FY2025 1Q-3Q: ¥147.91/US$; FY2024 1Q-3Q: ¥152.21/US$) [By Segment] [Ordinary profit for FY2025 cumulative Q3 (year-on-year comparison)] Dry Bulk Business [¥1.8 billion (-¥14.5 billion)] Capesize bulker saw steady shipments of iron ore from Western Australia and Brazil, and bauxite from West Africa. For Panamax and smaller vessels, the market softened as the woodchip carriers transporting wood chips for papermaking experienced sluggish demand due to stagnant domestic demand in China. Open hatch vessels saw improved profitability due to recovering pulp transport demand and the capture of project cargo, but profit decreased year-on-year due to increased depreciation expenses following the consolidation of Gearbulk Holding AG as a subsidiary. Energy Business [¥65.9 billion (-¥15.7 billion)] Tankers/Offshore ➢ Tankers: In addition to profit contributions from long-term contracts, crude oil tankers benefited from an increase in ton-miles and crude oil supply due to geopolitical factors, resulting in a favorable market level. Product tankers experienced a period of weak market rates year-on-year due to a decline in domestic demand in China. Chemical tankers saw weaker shipping demand and a softening market due to economic stagnation in China and Europe. ➢ Offshore: FPSO business posted a year-on-year decrease in profit due to the absence of one-time gains following the application of the equity method to MODEC, Inc., but stable profit was secured due to existing long-term contracts and efficient operations. 2
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7© 2026 Mitsui O.S.K. Lines, Ltd. Outline of FY2025-3rd Quarter Results(II) [Consolidated] Product Transport Business [¥80.4 billion (-¥191.8 billion)] ◼ Containerships [¥21.7 billion (-¥182.0 billion)] ➢ ONE: Profit decreased sharply year-on-year due to pressure from new buildings and a decline in spot freight rates caused by slowing cargo movement to North America. ◼ Car Carriers: Although profit decreased year-on-year, shipping demand for completed cars shipping remained firm. Operating costs were reduced due to the postponement of U.S. trade policy measures. ◼ Terminal & Logistics: The domestic terminal business performed firmly. In the logistics business, cargo movement to the U.S. slowed due to the impact of U.S. tariff policies, resulting in a year-on-year decrease in profit. ◼ Liquefied Gas Transport ➢ LNG/Ethane carriers: Contributed to stable profits through long-term charter contracts. ➢ Gas Infrastructure: Secured profit through stable operation of existing projects. Wellbeing & Lifestyle Business [¥0.9 billion (-¥8.7 billion)] ◼ Real Property Business [¥6.0 billion (-¥4.2 billion)] ➢ DAIBIRU: Stable profit contribution from existing properties and newly acquired properties during this fiscal year. However, profit decreased year-on-year due to the rebuilding of certain properties and the absence of equity-method investment profit recorded in the previous fiscal year. ◼ Ferries and Coastal RoRo Ships: The logistics business saw a decrease in cargo revenue due to sluggish cargo movement, while the passenger transportation business performed firmly. ◼ Cruise: Profit decreased year-on-year due to reduced income from the non-operation of MITSUI OCEAN FUJI in the first half and delayed recovery in passenger numbers after the vessel resumed operation. Associated Businesses [¥2.6 billion (+¥0.5 billion)] Profit increased year-on-year in associated businesses including the tugboat business and trading business. 2
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8© 2026 Mitsui O.S.K. Lines, Ltd. FY2025 Full-year Forecast [Consolidated]3 (c.f.)Sensitivity against Full-year forecast (Ordinary income) FX Rate： Bunker Price： （VLSFO） ±¥ 0.3 bn/¥1/US$ ±¥ 0.00 bn/$1/MT At the end of FY2025 Q3 (c.f.) FY2024 Result(*4) Q3 Q4 Revenue 900.6 418.0 456.7 874.8 1,775.4 Operating profit/loss 89.3 33.2 28.2 61.4 150.8 Business profit/loss (*1) 256.0 110.4 46.7 157.1 413.2 Ordinary profit/loss 250.9 125.7 43.0 168.7 419.7 Income/loss before income taxes 261.8 135.4 55.4 190.9 452.7 Net income/loss 248.5 121.3 55.5 176.9 425.4 Average exchange rate ¥153.71/$ ¥149.21/$ ¥154.52/$ ¥151.87/$ ¥152.79/$ Average bunker price(all grades) $625/MT $577/MT $589/MT $582/MT $603/MT Full-year1st Half 2nd Half *as of November 04, 2025 2nd Half (¥ billion) Q3 Result Q4 Forecast Forecast Revenue 869.7 475.6 484.5 960.2 1,830.0 1,750.0 +80.0 Operating profit/loss 71.8 30.9 22.2 53.1 125.0 104.0 +21.0 Business profit/loss (*1) 109.6 40.0 29.2 69.3 179.0 155.0 +24.0 Ordinary profit/loss 114.6 46.8 18.5 65.3 180.0 152.0 +28.0 Income/loss before income taxes 134.9 84.2 20.8 105.0 240.0 215.0 +25.0 Net income/loss 116.2 64.3 19.4 83.7 200.0 180.0 +20.0 Average exchange rate (*2) ¥146.09/$ ¥151.55/$ ¥152.03/$ ¥151.79/$ ¥148.94/$ ¥145.75/$ +¥3.19/$ Average bunker price(VLSFO) (*2,3) $531/MT $474/MT $460/MT $467/MT $500/MT $505/MT -$5/MT Average bunker price(all grades) (*2,3) $546/MT $493/MT - - - - - (*1) Operating profit/loss + Equity in earnings of affilliated companies (*2) Average for the period (*3) Purchase prices (*4) In the fourth quarter of consolidated FY2024, the provisional accounting treatment for the business combination has been finalized. Accordingly, the figures for FY2024 reflect the finalization of the provisional accounting treatment. FY2025 Variance1st Half Result Full-year Forecast Previous Forecast*
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9© 2026 Mitsui O.S.K. Lines, Ltd. FY2025 Full-year Forecast [By segment]3 Upper Lower 2nd Half (￥billion) Q3 Result Q4 Forecast Forecast 218.4 119.0 112.5 231.5 450.0 420.0 +30.0 243.4 217.2 460.7 0.1 1.7 2.1 3.8 4.0 1.0 +3.0 10.2 5.1 15.4 252.1 133.5 145.3 278.8 531.0 492.0 +39.0 247.5 263.3 510.8 47.7 18.1 8.0 26.2 74.0 65.0 +9.0 63.3 38.8 102.1 299.7 171.2 174.0 345.2 645.0 633.0 +12.0 315.7 300.1 615.9 63.5 16.9 16.5 33.4 97.0 88.0 +9.0 180.0 122.8 302.9 27.4 13.3 13.1 26.5 54.0 53.0 +1.0 31.8 27.5 59.3 22.5 - 0.7 3.2 2.4 25.0 25.0 0.0 130.9 86.6 217.6 Wellbeing & Lifestyle Business 60.9 31.0 33.0 64.1 125.0 129.0 -4.0 56.3 58.4 114.7 0.8 0.0 - 3.9 - 3.8 - 3.0 - 2.0 -1.0 9.4 - 1.3 8.1 22.9 12.3 13.6 26.0 49.0 49.0 0.0 21.6 21.7 43.4 3.7 2.3 0.0 2.2 6.0 5.0 +1.0 8.3 2.6 10.9 27.7 15.2 12.0 27.2 55.0 53.0 +2.0 27.0 26.6 53.6 1.2 1.3 0.3 1.7 3.0 2.0 +1.0 1.2 1.3 2.5 10.8 5.5 7.5 13.1 24.0 23.0 +1.0 10.4 9.0 19.4 1.7 1.3 - 1.0 0.2 2.0 1.0 +1.0 2.4 - 1.7 0.6 - - - - - - - - - - - 0.7 7.2 - 3.5 3.7 3.0 - 3.0 +6.0 - 15.9 3.6 - 12.2 869.7 475.6 484.5 960.2 1,830.0 1,750.0 +80.0 900.6 874.8 1,775.4 114.6 46.8 18.5 65.3 180.0 152.0 +28.0 250.9 168.7 419.7 (*1) Revenues from external customers. (*2) As of FY2025, the Coal Carrier Business, previously included in the Energy Business, has been reclassified under the Dry Bulk Business. figures for FY2024 have been adjusted to reflect this segment reclassification. (*3) In the fourth quarter of consolidated FY2024, the provisional accounting treatment for the business combination has been finalized. Accordingly, the figures for FY2024 reflect the finalization of the provisional accounting treatment. Consolidated FY2024(*3) *as of November 04, 2025 Previous Forecast* Variance 1st Half Full-year2nd Half Energy Business(*2) Dry Bulk Business(*2) Full-year Forecast (including Steaming Coal Carriers) Revenue(*1) Ordinary profit/loss FY2025 Tankers, Wind Power, Offshore, Liquefied Gas(LNG / Ethane Carriers, etc.) 1st Half Result Containerships, Car Carreirs, Terminal & Logistics Containerships Product Transport Business Real Property, Ferries & Coastal RoRo Ships, Cruise Ships Tug boats, Trading, etc. Real Property Business Associated businesses Others Adjustment -
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10© 2026 Mitsui O.S.K. Lines, Ltd. FY2025 Full-year Forecast Analysis [By segment] in ordinary profit/loss3 ＊as of November 4 ,2025 3.0 9.0 9.0 1.0 1.0 1.0 6.0 0.0 155.0 160.0 170.0 175.0 180.0 165.0 (¥ billion) FY2025 Full-year Previous Forecast* Others Adjustment FY2025 Full-year Forecast AssociatedWBLProduct Transport Dry Bulk 152.0 180.0 Energy Total Increase Decrease
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11© 2026 Mitsui O.S.K. Lines, Ltd. Key Points of FY2025 Full-year Forecast (I) [Consolidated] Energy Business [¥74.0 billion (+¥9.0 billion / -¥28.1 billion)] Tankers/Offshore ➢ Tankers: For crude oil tankers, the market rates are expected to remain firm, supported by increased shipments from South America and West Africa, leading to growth in ton-mile demand, as well as storage demand backed by lower crude oil prices. The market rates for product tankers are also expected to remain firm. For chemical tankers, the market rates are expected to be soft due to the economic slowdown in China and Europe. ➢ Offshore: The FPSO business is expected to secure stable profit from long-term charter contracts, with efficient operations and strong performance at MODEC, Inc., an equity-method affiliate, resulting in an upward revision. Liquefied Gas Transport ➢ LNG / Ethane Carriers: Although there was a decrease in income due to off-hire in some projects and impairment losses on the expiration of long-term contracts, existing long-term charter contracts are expected to continue contributing to stable profit. ➢ Gas Infrastructure: Stable operation of existing projects is expected to contribute to stable profit. [By Segment] [FY2025 full-year forecast for ordinary profit (increase/decrease from the announcement on November 4th) / ( year-on-year comparison)] Dry Bulk Business [¥4.0 billion (+¥3.0 billion / -¥11.4 billion)] In the Capesize bulker, while seasonal decline in shipments is expected, shipments of iron ore from Western Australia and Brazil, as well as bauxite from West Africa, are expected to remain firm. For Panamax and smaller vessels, the market rates are expected to be soft due to sluggish market conditions and deteriorating profitability of some cargo contracts. In the open hatch vessel business, profit was revised upward from the previous forecast, reflecting a recovery in pulp cargo movements and the capture of project cargo. 4 [Overall] ◆ Business profit / Ordinary profit / Income before income taxes / Net income: Difference from the previous forecast +¥24.0 billion / +¥28.0 billion / +¥25.0 billion / +¥20.0 billion ◆ Key points: The energy business and vehicle transport business remained firm, leading to an upward revision from the previous forecast announced on November 4th. ◆ (Exchange rate: Revised from ¥145.75/US$ as announced on November 4 to ¥148.94/US$. The assumption for the remainder of the fiscal year: ¥150.00/US$.)
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12© 2026 Mitsui O.S.K. Lines, Ltd. Key Points of FY2025 Full-year Forecast (II) [Consolidated] Product Transport Business [¥97.0 billion (+¥9.0 billion / -¥205.9 billion)] ◼ Containerships [¥25.0 billion (±¥0 billion / -¥192.6 billion)] ➢ ONE: Although there is downward pressure on freight rates due to pressure from new buildings, we expect cargo movements and freight rates to rise moderately in the fourth quarter. As a result, the full-year forecast remains unchanged from the previous forecast. ◼ Car Carriers: The forecast has been revised upward, supported by solid demand for completed cars shipping and a reduction in operating costs due to the postponement of U.S. trade policy measures. ◼ Terminal & Logistics: The domestic terminal business is expected to maintain steady handling volume. The logistics business is expected to be revised downward due to a slowdown in cargo movements to the U.S. resulting from U.S. tariff policies. For LBC Tank Terminal business, while stable income is expected from long-term contracts, one-time expenses and goodwill amortization associated with the acquisition of its shares will be incurred. Shareholder return [Dividend] The year-end dividend is maintained at ¥115 per share. Combined with the interim dividend of ¥85 per share, the shareholder return policy remains unchanged, maintaining a fixed dividend of ¥200 per share. Wellbeing & Lifestyle Business [-¥3.0 billion (-¥1.0 billion / -¥5.1 billion)] ◼ Real Property Business [¥6.0 billion (+¥1.0 billion / -¥4.9 billion)] ➢ DAIBIRU: Although repair expenses will be concentrated in the fourth quarter, steady profit is expected from existing properties and newly acquired properties in this fiscal year. ◼ Ferries & Coastal RoRo Ships: While the logistics business is expected to see a decrease in cargo revenue, the passenger transportation business is expected to see an increase in revenue, resulting in a slight increase in overall profit. ◼ Cruise: The forecast has been revised downward due to the delay in recovering passenger numbers after MITSUI OCEAN FUJI resumed operation after its non-operating period in the first half. Associated Businesses [¥3.0 billion (+¥1.0 billion / +¥0.5 billion)] Associated businesses, including the tugboat business and trading business, are expected to see increased profit compared to the previous forecast. 4
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13© 2026 Mitsui O.S.K. Lines, Ltd. (Reference) Progress of BLUE ACTION 2035 Initiatives5 Strategies / Materiality Actions • MOL Completes the Acquisition of LBC Tank Terminals-MOL to Become a Global Leading Company in the Chemical Logistics Business –(2025-7-1) • MOL, Mitsui & CO. Jointly Acquire Port Service, Steel Processing, Machinery/Equipment Manufacturing Businesses Serving U.K. Offshore Energy Industry(2025-7-31) • <India Energy Week 2026> MOL, India's State-Owned Oil and Natural Gas Company, ONGC Sign Long-term Charter Deal for 2 Liquefied Ethane Carriers - Building the World's Largest Ethane Carrier Fleet -(2026-1-28) • <India Energy Week 2026> MOL and GAIL Sign a Long-Term Charter Contract for an LNG Carrier(2026-1-28) • Kinetics and Mitsui O.S.K. Lines Sign MOU to Develop World‘s First Integrated Floating Data Center Platform(2025-7-7) • MOL, TradeWaltz and Suzuki Sign MOU for Cooperation on the Collaboration in Automobile Trade between India and Africa - MOU announced at the TICAD 9 –(2025-8-21) • MOL joins Singapore's Largest Food Cold Chain Logistics Company - Steadily Advancing Regional Strategy and Expanding Logistics Business –(2025-12- 16) • MOL Invests in the Development of an Automated Logistics Facility in Singapore under the CapitaLand SEA Logistics Fund (CSLF)(2026-1-8) • Mitsui O.S.K. Lines Ltd and PSA Singapore Form Strategic Joint Venture to Establish a Ro-Ro terminal in Singapore(2026-1-29) • MOL Signs Long-Term Time Charter Deal for Newbuilding LNG-fueled VLCC to Serve Idemitsu Tanker - 1st LNG dual-fuel VLCC for a Japanese Oil Company –(2025-5-23) • MOL Wins Basic Design Approval for New LNG Carrier Equipped with 4 Wind Challenger, Hard Sail Wind-assisted Propulsion Systems-Joint Development with HHI and SHI-(2025-9-8) • Memorandum of Understanding Concluded on Establishing a Standard Design Framework Utilizing MILES for Liquefied CO2 Carriers and Alternative Fuel Ships(2025-12-1) • MOL and JERA Sign Heads of Agreements for the Charter of Ammonia Carriers - Toward Japan's first Large-scale Low-carbon Ammonia Transport – (2025-12-22) • MOL Integrates Group Ship Management Companies, Consolidating Functions into MOL Global Ship Management- Combining Expertise across Ship Types to achieve the Goal of "Leading in Safety" –(2025-7-22)
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14© 2026 Mitsui O.S.K. Lines, Ltd. (Reference) BLUE ACTION 2035 Core KPI FY2025 Forecast *1 The amount of interest-bearing liabilities is assumed to include off-balance assets (approx. 900 billion yen) such as charter hire liabilities that should be factored-in after IFRS is adopted. This figure is only an estimate under certain assumptions and may differ from the actual one when IFRS is formally applied. *2 4 Zero = Zero for serious marine incidents, oil pollution, fatal accidents and serious cargo damage. *3 MOL Group Key Positions, designated as equivalent to General Manager in Head Office, to be appointed and managed centrally across the group. 5 FY2023 Forecast Financial KPI Non- Financial KPI Profit before tax (unit: JPY) Net Gearing Ratio*1 ROE Enviro- nment Safety Human Capital DX GHG emissions intensity reduction rate (Compared to 2019) 4 Zero*2 Percentage of MGKP*3 incumbents (Female/Non-HQ/Under 40s) Conversion rate to value creation and safety work (cumulative) 452.7 bil 240.0 bil 340.0 bil 400.0 bil 0.96 0.9~1.0 16.9% 9~10% ▲9.6% ▲45% AchieveUnachieved (One fatal accident) 8%/30%/15% [Reset by the end of Phase 1] 10% 20% 30% FY2024 Results Phase 1 FY2025 Phase 2 FY2030 Phase 3 FY2035KPI Percentage of female employees in managerial positions (Office workers, non-consolidated) 12.2% 15% - - 6.3％/24.4%/11.9% FY2025 Forecast (Updated on 30th January 2026) 240.0 bil 1.12 7.4% - - - -8.8%
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15© 2026 Mitsui O.S.K. Lines, Ltd. Dry Bulker Market (Spot Charter Rate) [Supplement #1] (US$/day) Full-year Average Apr-Jun Jul-Sep Oct-Dec Jan-Mar Capesize 22,700 24,900 23,800 17,800 12,900 15,400 19,600 Panamax 16,400 13,900 15,100 10,400 9,600 10,000 12,600 Supramax 15,000 14,500 14,800 11,700 8,300 10,000 12,400 Handysize 13,100 13,300 13,200 12,200 9,000 10,600 11,900 (US$/day) Full-year Average Apr-Jun Jul-Sep Oct-Dec Jan-Mar Capesize 18,600 24,800 21,700 29,300 18,300 23,800 22,700 Panamax 11,800 15,900 13,900 16,000 13,000 14,500 14,200 Supramax 10,100 15,100 12,600 15,100 9,500 12,300 12,500 Handysize 10,600 13,000 11,800 14,800 10,500 12,600 12,200 Notes: 1. FY2024 (Result) 2. FY2025 (Result/Forecast) Apr-Sep, 2024 Oct, 2024 - Mar, 2025Market for vessels operated by MOL and MOL Drybulk Size FY2024 1st Half 2nd Half 1) The general market results are shown in black. 2) The forecasts are shown in blue. These are referential charter rates for estimating P/L of free vessels that operates on spot and short-term contracts (contract period of less than two years). In case rates have already been agreed, however, such agreed rates are reflected on P/L estimation of the relevant voyages shown on the previous sections. 3) The following Baltic Exchange Index is used for each vessel type. Capesize = 5TC Average, Panamax = 5TC Average, Supramax = 10TC Average, Handysize = 7TC Average. Size FY2025 1st Half 2nd Half Apr-Sep, 2025 Oct, 2025 - Mar, 2026Market for vessels operated by MOL and MOL Drybulk
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16© 2026 Mitsui O.S.K. Lines, Ltd. Tanker Market (Spot Earning) [Supplement #2] (US$/day) Full-year Average Jan-Mar Apr-Jun Jul-Sep Oct-Dec Crude Oil Tanker Arabian Gulf - Far East 44,700 38,100 41,400 28,400 28,100 28,200 34,800 Product Tanker (MR) Main 5 Trades 38,000 34,500 36,200 19,500 15,300 17,400 26,800 LPG Tanker (VLGC) Arabian Gulf - Japan 47,100 52,400 49,700 32,200 36,300 34,300 42,000 (US$/day) Full-year Average Jan-Mar Apr-Jun Oct-Dec Jul-Sep Oct-Dec Jan-Mar Crude Oil Tanker Arabian Gulf - Far East 40,400 41,400 40,900 47,800 97,400 72,600 56,800 Product Tanker (MR) Main 5 Trades 17,300 18,300 17,800 20,500 23,600 22,000 19,900 LPG Tanker (VLGC) Arabian Gulf - Japan 32,500 44,900 38,700 65,600 54,700 60,200 49,400 Note 1: The general market results are shown in black. Note 3: Product Tanker market is simple average of main 5 trades: Europe - US, US - Europe, Singapore - Australia, South Korea - Singapore, and India - Japan. 2. FY2025 (Result/Forecast) Market for vessels operated by MOL and its overseas subsidiaries 1st Half Jan-Jun, 2025 FY2025 Jul-Dec, 2025 2nd HalfTradeVessel Type 1st Half Jan-Jun, 2024 １．FY2024 (Result) Market for vessels operated by MOL and its overseas subsidiaries FY2024 2nd Half Jul-Dec, 2024 Vessel Type Trade Note 2: VLCC Market is for Arabian Gulf - China trade. Note 4: The market is shown on Calendar year basis (Jan-Dec), as they are operated by our overseas subsidiaries. Their fiscal year ends in Dec. and thus their P/L are consolidated three months later.
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17© 2026 Mitsui O.S.K. Lines, Ltd. Containerized Freight Index (CCFI*) [Supplement #3] 1. FY2024 (Result) (Jan 1, 1998=1,000) 1st Half 2nd Half Full-year Average Apr-Jun Jul-Sep Oct-Dec Jan-Mar U.S. West Coast 1,122 1,491 1,307 1,130 1,048 1,089 1,198 U.S. East Coast 1,234 1,660 1,447 1,214 1,180 1,197 1,322 Europe 2,087 3,326 2,707 2,037 1,884 1,960 2,334 South America 1,129 1,563 1,346 1,120 843 981 1,164 2. FY2025 (Result) (Jan 1, 1998=1,000) 1st Half 2nd Half Full-year Average Apr-Jun Jul-Sep Oct-Dec Jan-Mar U.S. West Coast 941 861 901 797 U.S. East Coast 1,076 1,055 1,066 902 Europe 1,480 1,683 1,581 1,395 South America 693 896 794 629 *China Containerized Freight Index Trade Trade FY2024 Apr-Sep, 2024 Oct, 2024 - Mar, 2025 FY2025 Apr-Sep, 2025 Oct, 2025 - Mar, 2026
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18© 2026 Mitsui O.S.K. Lines, Ltd. Car Carrier Shipping Volume [Supplement #4] 1. FY2024 (Result) (1,000 units) 1st Half 1st Half 2nd Half 2nd Half Total Q1 Q2 Q3 Q4 Total (Includes Intra-European trade) 812 734 1,546 694 676 1,370 2,916 2. FY2025 (Result & Forecast) (1,000 units) 1st Half Total 1Q 2Q 3Q 4Q Total (Includes Intra-European trade) 719 713 1,432 732 727 1,458 2,890 *The forecasts are shown in blue. 2nd Half FY2024 FY2025
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19© 2026 Mitsui O.S.K. Lines, Ltd. Fleet Composition and Real Properties [Supplement #5] 31-Mar, 2026 (Forecast) 74 72 76 Panamax 18 23 18 Supramax 48 47 52 Handysize 30 31 33 (Sub total) 96 101 103 Wood chip carriers 44 40 40 Steaming coal carriers 36 33 31 Coastal vessels 30 29 29 Multi-purpose ships 32 35 36 57 57 57 (Sub total) 369 367 372 (Market Exposure) (91) (79) (82) Crude oil tankers 35 35 38 Product tankers 19 21 21 Chemical tankers 114 111 112 Methanol tankers 22 22 19 LPG/Ammonia ships 21 22 22 (Sub total) 211 211 212 (Market Exposure) (122) (118) (116) LNG carriers 107 107 102 Ethane carriers 6 6 6 LNG Bunkering vessels 3 3 3 LNG-to-Powership 1 1 1 FSU/FSRU 7 8 8 (Sub total) 124 125 120 (Market Exposure) (2) (5) (5) FPSO 11 11 11 Subsea Support vessels 3 3 3 Cargo Transfer vessels 2 2 2 Cable Layer vessels 2 2 2 Crew Transfer vessels 1 2 2 Service Operation vessels 1 1 1 Car carriers 100 106 107 Containerships 30 27 27 Ferries & Coastal RoRo ships 15 14 14 Cruise ships 3 3 3 Tugboats 52 52 52 Others 11 11 11 Total 935 937 939 Note 1: The Energy segment primarily includes equity-method affiliated companies' fleets based on the ship types and the extent of our involvement in procurement, construction, and financing. Note 2: Partial ownership of a ship is counted as one ship. Note 3: "Market Exposure"=Vessels operating under contracts less than two years, which are owned or mid/long-term chartered vessels. Note 4: Only the containerships that MOL group owns or is involved in chartering among ONE’s fleet is on the list. Please refer to ONE’s disclosure materials for their fleet composition. Note 5: Since FY2025, Steaming Coal Carriers and Coastal Vessels are excluded from "Energy Business" , and are included in "Dry Bulk Business". Open-hatch vessels Number of ships Dry Bulk Business Small and medium-sized bulkers Capesize Associated Businesses and Others 31-Dec, 202531-Mar, 2025 LNG/Ethane Carriers Gas Infrastructure Tankers Wellbeing & Lifestyle Business Product Transport Business Energy Business Number of buildings and area owned by DAIBIRU Number of properties (buildings) Vacancy rate(%) 31-Mar, 2025 31-Dec, 2025 31-Dec, 2025 Osaka 13 12 Osaka 1.7 Tokyo 18 19 Tokyo 2.2 Sapporo 0 0 Overseas 4 6 Total 35 37 Gross floor area(K㎡) 31-Mar, 2025 31-Dec, 2025 Osaka 377 332 Tokyo 261 273 Sapporo 0 0 Overseas 86 136 Total 724 741 Note: The number and area of the above properties are office and commercial properties (including partially owned properties), excluding residential properties. The total floor area includes only DAIBIRU's share area.
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