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1 August 4th, 2026 Financial Highlights Brief Report for 1st Quarter FY2026
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2 Index ２ ∎A. Financial Highlights for 1st Quarter Fiscal Year 2026 A-１ ︓Financial Results for 1st Quarter FY2026 A-２ ︓Financial Results for 1st Quarter FY2026 by Segment ∎B. Forecasts for Fiscal Year 2026 B-１ ︓Forecasts for FY2026 B-２ ︓Forecasts for FY2026 by Segment ∎C. Status and Progress of the Medium-term Management Plan C-１～２ ︓Capital Policy C-３～４ ︓Business Environment ∎Appendix. Index table etc. （Market Results and Assumptions/ Market Exposure）
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3 A. Financial Highlights for 1st Quarter FY2026
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4 A. Financial Highlights for 1st Quarter FY2026 A-１：Financial Results for 1st Quarter FY2026 ∎Financial Results for 1st Quarter FY2026 ∎Key Financial Indicators ∎ Key Factors（year-on-year comparison） ‣Operating Income/Loss: Despite higher profits in the Dry Bulk business due to firm market conditions, as well as favorable impacts from a weaker yen and other factors, increased costs, including higher bunker prices arising from the Middle East situation, resulted in overall earnings remaining largely in line with the same period of the previous fiscal year. ‣Ordinary Income/Loss: Increased mainly due to favorable foreign exchange effects and other factors. ‣Net Income/Loss: Decreased year on year due to a decline in extraordinary income. Indicators FY2026-1Q (c) FY2025 (d) (c)-(d) Equity Capital 1,737.3 1,802.7 -65.3 Interest-Bearing Liability 296.8 296.0 0.7 DER 17.1% 16.4% 0.7points Equity Ratio 75.9% 76.9% -1.0point (billion yen) (billion yen) *Equity ratio stands at 58-60%, including off-balance-sheet charter hire (600.0 to 700.0 billion yen), at the end of Q1 FY2026. FY2026 FY2025 １Q 1Q (a) (b) 286.8 244.9 41.9 19.5 19.8 -0.2 24.0 21.6 2.3 23.3 29.9 -6.5 ¥159.89 ¥145.32 ¥14.57 $787 $550 $238Bunker Price(/MT) Operating Revenues Operating Revenues and Profit/Loss Operating Income/Loss Ordinary Income/Loss Net Income/Loss Attributable to Owners of Parent Exchange Rate(\/$) (a)-(b)
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5 A. Financial Highlights for 1st Quarter FY2026 A-２：Financial Results for 1st Quarter FY2026 by Segment ∎ Financial Results for 1Q FY2026 by Segment ∎ Key Factors by Segment（year-on-year comparison） ‣ Energy Resource Transport ‧ Despite the absence of the one-off gain recorded in the same period of the previous year due to a review of tax effects at an investee company, profits increased year on year, supported by strong market conditions in the LPG Carrier and Tanker businesses. * Reflecting the reclassification of certain “K” Line business segments effective from FY2026, FY2025 figures are presented based on the revised segment classification. ‣ Dry Bulk ‧ Conditions in the Capesize market remained firm, supported by strong cargo movements of iron ore, bauxite, etc. ‧ Market conditions for Panamax and smaller sizes continued on an upward trend, supported by increased coal transport demand stemming from the Middle East situation and solid demand for grain transport. ‧ In addition to favorable market conditions, foreign exchange effects and the absence of one-off losses related to accidents and labor disputes at loading ports in the previous fiscal year contributed to a significant year on year increase in profit. ‣ Product Logistics ‧ Car Carrier Business: Profit decreased sharply year on year due to the impact of the Middle East situation, including lower fleet utilization and increased operating costs such as bunker expenses. ‧ Containership Business: Supported by a tighter vessel supply- demand balance resulting from the Middle East situation and port congestion, short-term freight rates increased. However, higher operating costs, including a sharp rise in bunker prices, resulted in profit declining year on year. FY2026 FY2025 １Q 1Q (e) (f) 90.3 70.7 19.6 9.0 -0.3 9.3 29.8 23.5 6.3 3.2 2.6 0.5 166.0 150.0 15.9 10.8 24.3 -13.4 101.4 92.9 8.4 2.1 15.2 -13.0 18.6 16.3 2.2 5.4 6.6 -1.2 0.5 0.6 -0.0 0.4 -0.1 0.5 - - - 0.4 -4.8 5.3 286.8 244.9 41.9 24.0 21.6 2.3 Product Logistics Business Segment (Upper row: Operating Revenues) Dry Bulk Energy Resource Transport (Lower row: Ordinary Income/Loss) (e)-(f) Car Carrier Total Containership Other Adjustment (billion yen)
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6 B. Forecasts for FY2026
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7 B. Forecasts for FY2026 B-１：Forecasts for FY2026 ∎Forecasts for FY2026 ∎Key Factors（year-on-year comparison） ‣ Ordinary income is forecast at 135.0 billion yen, 35.0 billion yen above the May forecast. This reflects higher profit in the Dry Bulk Business due to factors such as expectations for continued firm market conditions, as well as improved earnings in the Containership Business resulting from higher containership freight rates from the latter half of the first quarter through the second quarter. Net income attributable to owners of parent is also forecast at 135.0 billion yen, 40.0 billion yen above the May forecast. ∎ Key Factor Assumptions ‣ Yen-US$ exchange rate ¥153.50/$ (average for FY2026) ‣ Bunker price $718/MT ‣ Market assumptions Please refer to Appendix ‣ The Strait of Hormuz is expected to normalize toward the end of September, with passage expected to resume from October onward. ‣ Passage through the Suez Canal is not assumed for the full year, with operations continuing via the Cape of Good Hope route. ∎ Estimates Sensitivity (9 months) ‣ Yen-US$ rate each ¥1 weaker (stronger) adds (subtracts) ± ¥1.3 bln* ‣ Bunker price each $10/MT down (up) adds (subtracts) ± ¥0.64 bln *Exchange rate fluctuations related to equity in earnings of subsidiaries, “ONE” is included. ∎ Shareholderʼs Return The annual forecast dividend for FY2026 is 120 yen/share (interim and year-end dividends: 60 yen/share each). ‣ Dividend ‣ Share buy-back On May 29, 2026, “K” Line announced a share buy- back of up to 130.0 billion yen and 44,429,000 shares (currently underway). As of the end of July 2026, “K” Line has completed the acquisition of 86.2 billion yen (66.3%) in total and 33,277,600 shares (74.9%). The shares repurchased/to be repurchased will be cancelled. FY2026 FY2025 １Q ２Q 1H 2H Total Total Total Forecast Forecast Forecast (g) (h) (i) 286.8 287.7 574.5 495.5 1,070.0 1,018.3 51.7 1,020.0 50.0 19.5 22.5 42.0 43.0 85.0 84.1 0.9 83.0 2.0 24.0 56.0 80.0 55.0 135.0 109.1 25.9 100.0 35.0 23.3 62.7 86.0 49.0 135.0 132.9 2.1 95.0 40.0 ¥159.89 ¥154.13 ¥157.01 ¥150.00 ¥153.50 ¥150.23 ¥3.28 ¥150.82 ¥2.68 $787 $793 $790 $646 $718 $528 $190 $697 $21Bunker Price(/MT) Operating Revenues Operating Income/Loss Ordinary Income/Loss Net Income/Loss Attributable to Owners of Parent Exchange Rate(\/$) Operating Revenues and Profit/Loss vs the announced in May 2026 (g)-(h) (g)-(i) (billion yen) details︓ C-2 (No change has been made to the earnings forecast announced in the timely disclosure dated July 24, 2026, titled “Notice on Revision to Consolidated Financial Forecasts for the Fiscal Year ending March 2027”.)
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8 B. Forecasts for FY2026 B-２：Forecasts for FY2026 by Segment ∎ Key Factors by Segment (year-on-year comparison) ∎Forecasts for FY2026 by Segment ‣ Energy Resource Transport ‧ For the full fiscal year, a decrease in profit is expected due to factors including the absence of the one-off gain arising from the review of tax effects in the previous fiscal year. ‣ Product Logistics ‧ Car Carrier Business: In light of the deterioration of the situation in the Middle East, a decrease in profit is expected due to higher operating costs resulting from a sharp increase in bunker prices and other factors. The situation is expected to remain uncertain. We will continue efforts to optimize the fleet and improve operational and deployment efficiency while closely monitoring changes in transportation demand. *Reflecting the reclassification of certain “K” Line business segments effective from FY2026, FY2025 figures are presented based on the revised segment classification. ‣ Dry Bulk ‧ Supported by resilient transport demand, market conditions for both Capesize and Panamax/smaller vessels are expected to remain firm, and profit is forecast to increase year on year. ‧ Containership Business: An uncertain business environment, including the impact of the Middle East situation, is expected to continue. Supported by firm market conditions in the first half of the fiscal year, profit is expected to increase compared with the previous fiscal year. ONE will continue flexible vessel deployment and efficient operations, while closely monitoring developments in the situation. (billion yen) FY2026 FY2025 １Q ２Q 1H 2H Total Total Total Forecast Forecast Forecast (l) (m) (n) 90.3 93.7 184.0 131.5 315.5 295.5 20.0 290.0 25.5 9.0 5.5 14.5 7.0 21.5 11.5 10.0 16.5 5.0 29.8 27.2 57.0 45.5 102.5 100.4 2.1 93.5 9.0 3.2 0.8 4.0 3.5 7.5 10.7 -3.2 4.0 3.5 166.0 166.5 332.5 317.5 650.0 620.0 30.0 628.5 21.5 10.8 51.7 62.5 46.5 109.0 90.8 18.2 82.5 26.5 101.4 109.6 211.0 199.5 410.5 383.1 27.4 392.0 18.5 2.1 9.9 12.0 28.5 40.5 51.1 -10.6 44.0 -3.5 18.6 18.4 37.0 33.5 70.5 66.8 3.7 69.0 1.5 5.4 38.1 43.5 9.5 53.0 24.0 29.0 26.0 27.0 0.5 0.5 1.0 1.0 2.0 2.2 -0.2 8.0 -6.0 0.4 -0.4 0.0 0.0 0.0 0.5 -0.5 0.5 -0.5 - - - - - - - - - 0.4 -1.4 -1.0 -2.0 -3.0 -4.6 1.6 -3.5 0.5 286.8 287.7 574.5 495.5 1,070.0 1,018.3 51.7 1,020.0 50.0 24.0 56.0 80.0 55.0 135.0 109.1 25.9 100.0 35.0 Adjustment Dry Bulk Energy Resource Transport Other Total Business Segment (Upper row: Operating Revenues) Product Logistics (Lower row: Ordinary Income/Loss) Containership Car Carrier (l)-(n) vs the announced in May 2026 (l)-(m)
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9 C. Status and Progress of the Medium-term Management Plan
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10 • FY2026：We plan the annual dividend of 120 yen/share (unchanged from the May 2026 announcement) • On May 29, 2026, we resolved to implement share buy-back of up to 130.0 billion yen, which is currently underway C. Status and Progress of the Medium-term Management Plan C-１： Capital Policy Progress and Corporate Value Improvement We will promote the enhancement of “earning power,” while being mindful of optimal capital structure and cash allocation. By achieving both capital efficiency and financial soundness, we will strive to further improve corporate value. Further Advancement of Business Management • Establishing 3 business management financial statements for each business • More advanced business value management • Implementing more advanced investment management Enhancing earning power Operating CF 1.5 trillion yen During the Medium-term Management Plan period ROIC 6％ (FY26 Forecast) Investment plan (promotion of investment for growth) Investing CF 610.0 billion yen During the Medium-term Management Plan period Shareholder return policy Shareholder return 880.0 billion yen～ For corporate value improvement PBR of 1.0 or higher on a sustained basis Optimal capital structure Business risk・ Financial soundness・ Capital efficiency Shareholder Return Policy Returns in FY2026 Responsive return delivery Dividend • Our policy is to always be aware of the optimal capital structure, ensure the investments necessary to improve corporate value, and maintain financial soundness. Moreover, regarding the portion exceeding the appropriate capital, we will actively consider shareholder returns, based on cash flow • The total return amount during the Medium-term Management Plan period is expected to be 880.0 billion yen or more (up 80.0 billion yen from the May 2026 announcement) • The ordinary income for FY2026, the final year of the current Medium-term Management Plan, is expected to be 135.0 billion yen (up 35.0 billion yen from the May 2026 announcement) • The operating CF forecast for the Medium-term Management Plan period is 1.5 trillion yen (unchanged from the May 2026 announcement) • Aiming for both financial soundness with an awareness of business risks, and capital efficiency • As announced in May 2026, we aim to optimize our capital structure in the short term, initially targeting an equity ratio (including off-balance-sheet items) of around 50% • We will continue to make necessary investments to enhance corporate value while maintaining investment discipline • Investment cash flow during the Medium-term Management Plan period is expected to amount to total 610.0 billion yen (unchanged from the May 2026 announcement) • We will achieve growth by enhancing businesses serving the role of driving growth, and by promoting environmental investment taking advantage of emissions reduction and decarbonization opportunities • The aim is to achieve ROE of 15% or higher over the medium to long term. By reducing its cost of capital and fostering stronger market expectations for growth through the execution of its growth strategy, “K” Line seeks to achieve and sustain a PBR of 1.0 or higher • On March 28, 2025, we have transitioned to the “Company with Nominating Committee, etc.”
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11 FY25 FY26 312.0 billion yen Up to 130.0 billion yen 284.0 billion yen 77.0 billion yen (120 yen/share) 77.0 billion yen (120 yen/share) 596.0 billion yen 77.0 billion yen 207.0 billion yen Responsive additional return delivery As an initial step toward optimizing our capital structure, we are targeting an equity ratio (including off-balance-sheet items) of around 50% in the short term and have resolved to implement a share buy-back of up to ¥130.0 billion, which is currently underway. C. Status and Progress of the Medium-term Management Plan C-２：Shareholder's Return Policy ∎ Dividend (forecast) Basic Dividend Total return amount Additional Dividend Basic Dividend Share buy-back Additional Dividend Share buy-back 40 yen/share Actual Plan 80 yen/share Responsive additional return delivery Total return amount during the Medium-term Management Plan period ：880.0 billion yen or more * FY21～24 On May 29, we resolved to implement share buy-back of up to 130.0 billion yen, which is currently underway ‣ Share buy-back method: Purchase on the Tokyo Stock Exchange through off-auction own share repurchase trading (ToSTNeT-3) and Auction market on the Tokyo Stock Exchange ‣ Period: From June 1, 2026 to September 30, 2026 ‣ The shares repurchased/to be repurchased will be cancelled ∎ Further flexible additional returns 880.0 billion yen or more (up 80.0 billion yen from the May 2026 announcement) ∎ Total return amount forecast during the Medium-term Management Plan period 120 yen/share 40 yen/share 80 yen/share 120 yen/share Share buy-back Up to 130.0 billion yen FY2026 120 yen/share (interim and year-end：60 yen/share each) (unchanged from the May 2026 announcement) We will continue to monitor performance trends, always be aware of the optimal capital structure, ensure the investments necessary to improve corporate value, and maintain financial soundness. Moreover, regarding the portion exceeding the appropriate capital, we will actively consider shareholder returns, including share buy-back, based on cash flow Shareholder return policy for the Medium-term Management Plan period Dividend and additional shareholder return per shareTotal return amount *Total return amount is rounded to the nearest billion yen
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12 Response of “K” Line Anticipated Risks and Opportunities External Environment C. Status and Progress of the Medium-term Management Plan C-３：Changes in the Business Environment Concerns over downside risks to the global economy persist due to the emergence of geopolitical risks, including the situation in the Middle East, while the business environment remains uncertain amid ongoing developments in trade and energy policies worldwide. • Continuing economic separation due to conflict between the United States and China, Russia's war in Ukraine, and escalating tensions in the Middle East, etc. • Due to the situation in the Middle East, including the Strait of Hormuz, energy supply chains have become unstable, with signs of change in supply chains • Close attention is also required to the situation between Japan and China • At the IMO’s MEPC extraordinary session held in October 2025, the adoption of MARPOL amendments was deferred, and the establishment of unified rules for international shipping has been postponed • Uncertainty in national energy mix policies, including renewable energy, nuclear power, and fossil fuels • Start of new CO2 emission regulations and response measures • Energy shortages and price surges due to the worsening situation in the Middle East • Regarding transit through the Strait of Hormuz, taking cautious approach with the highest priority on the safety of crew, cargo, and vessels • With respect to lifting detour measures, such as avoiding the Suez Canal and routing via the Cape of Good Hope, a cautious assessment continues to be required • Concerns about impacts on trade • Concerns about impacts on resource supply • Concerns about delays in industry-wide progress toward emissions reduction and decarbonization • Improved service and cost competitiveness of vessels powered by next-generation fuels due to stricter environmental regulations • Risk of overlapping environmental regulations resulting in double burdens • In the short term, increased costs driven by higher energy prices due to the Middle East situation • In the long term, acceleration of emissions reduction and decarbonization is expected to create business opportunities associated with changes in energy procurement policies • Reorganization of supply chains and changes in trade patterns • Inflationary pressures, including rising labor costs and higher crude oil prices, may become a downside factor for the global economy • Economic impacts caused by changes in monetary and trade policies in various countries • Continuing to work toward growth through appropriate portfolio strategies by recognizing the emissions reduction and decarbonization of the company and society as business opportunities. • Business expansion will be pursued in areas, including adjacent fields, where our three key functional strengths— Environmental Technologies, Safety and Ship Quality Management, and Digital Transformation (DX)—can be effectively leveraged. • Getting prepared for changes in the business environment by analyzing business environment risks and preparing response measures . • The situation remains uncertain due to policy changes in countries around the world, etc. • Business confidence in Europe and the United States, and trend in purchasing power • Economic slowdown in China Energy and environmental policiesGlobal economy Geopolitical risks
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13 Overview Response of shipping companies Impact on business The situation in the Middle East • Military conflict and retaliatory actions between the United States and Iran have kept security risks in the Middle East elevated. In the Strait of Hormuz and the Bab el-Mandeb Strait, attacks on commercial vessels have significantly restricted maritime transit Strait of Hormuz• Regarding transit through the Strait of Hormuz, based on navigation avoidance advisories from relevant authorities and industry groups, “K” Line is responding cautiously, prioritizing the safety of crew and cargo while consulting with customers and stakeholders • In the short term, factors such as port congestion and increases in fuel costs and war risk insurance premiums will push up operating costs. Meanwhile, if a slowdown in the global economy progresses, this could become a downward pressure on market conditions in the medium to long term due to reduced cargo movements • Dry Bulk︓We expect a limited impact • Energy Resource Transport: Redeployment of vessels from Middle East loading ports to alternative loading ports in other regions • Car Carrier・Containership︓We expect a certain level of impact Suez Canal • A return to transiting the Suez Canal is predicated on confirming safety. We will continue monitoring and, after gathering expert opinions and information on insurance and other matters, determine the timing of the resumption • Dry Bulk: Limited impacts expected, as shipping capacity has tightened by about 1–2% • LNG Carrier: No short-term impact is expected due to mid- to long-term contracts • Car Carrier: Shipping capacity supply has tightened by about 5–6% • Containership︓Shipping capacity has tightened by about 10%. When the Suez Canal passage resumes, there is a possibility of an increase in the scrapping of aged vessels U.S. tariff policy • On July 24, the United States announced new tariffs under Section 301 of the Trade Act applicable to 60 countries and regions, including Japan and the EU (Japan will generally be subject to a tariff rate of 12.5%) • Meanwhile, products subject to Section 232 tariffs, including steel, aluminum, automobiles, and auto parts, are excluded from the new measures and will remain subject to the existing Section 232 tariff framework • Review of services and vessel deployments in line with changes in trade patterns • Car Carrier・Containership：We expect a certain level of impact USTR-imposed countermeasures targeting China- related vessels • As a result of the U.S.-China talks on October 30, 2025, both sides agreed to postpone their respective port charges for one year • New orders to Chinese shipyards will be considered as appropriate, taking into account overall fleet development • Car Carrier・Containership：We expect a certain level of impact The business environment remains uncertain due to geopolitical factors, including the situation in the Middle East (Israel/U.S.–Iran, Israel–Palestine, the Red Sea situation, etc.) as well as U.S. security and trade policies, etc. C. Status and Progress of the Medium-term Management Plan C-４：Shipping Industry Environment
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14 Appendix
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15 1Q 2Q 3Q 4Q Total 1Q 2Q Forecast 3Q Forecast 4Q Forecast Forecast CAPE (BCI180/182)* $18,700 $24,700 $28,900 $22,900 $23,800 $39,800 $30,000 $31,000 $20,000 $30,200 PANAMAX (BPI82) $11,850 $15,950 $16,050 $15,400 $14,800 $19,250 $18,500 $16,000 $13,000 $16,700 HANDYMAX (BSI58) $10,150 $15,050 $15,400 $12,550 $13,300 $17,350 $16,000 $14,000 $11,000 $14,600 SMALL HANDY (BHSI38) $10,600 $13,050 $15,000 $12,400 $12,750 $14,950 $14,000 $12,500 $9,500 $12,750 1Q 2Q 3Q 4Q Total 1Q 2Q Forecast 3Q Forecast 4Q Forecast Forecast VLCC (Middle East/Japan) $33,150 $47,650 $113,650 $246,150 $110,150 $130,350 $42,000 $42,000 $42,000 $64,100 AFRAMAX (South Asia/Japan) $22,650 $21,350 $35,850 $42,350 $30,550 $40,650 $26,000 $26,000 $26,000 $29,650 CAPE 85 73 79 CAPE 13% Panamax and smaller size 86 84 78 Panamax and smaller size 15% Wood Chip Carriers 7 6 6 Wood Chip Carriers 0% Total 178 163 163 VLCC 0% VLCC 6 6 6 LPG Carriers 0% LPG Carriers 5 5 5 Thermal Coal Carriers 0% Other Tankers 2 2 2 LNG Carriers 46 53 53 Thermal Coal Carriers 24 26 26 Total 83 92 92 Market Exposure Dry Bulk Market FY2025 FY2026 Tanker Market FY2025 FY2026 Vessel Type FY2024 FY2025 FY2026-1Q Vessel Type Appendix Market Results and Assumptions/ Market Exposure ∎ Dry Bulk Market Results and Assumptions ∎ Tanker Market Results and Assumptions ∎ Transition of Fleet Scale ∎ FY2026：Market Exposure *For Dry Bulk market conditions, CAPE is shown using CAPE 180-type vessels for FY2025 and CAPE 182-type vessels for FY2026
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16 Appendix Car Carriers Total Units Carried by Service Routes Total Units Carried （1,000 units） 1Q 2Q 3Q 4Q Total 1Q 2Q Forecast 3Q Forecast 4Q Forecast Forecast Outbound 364 371 423 391 1,549 381 405 453 424 1,664 Homebound 58 54 45 40 197 58 51 54 55 218 Others 229 240 219 205 893 233 249 237 224 943 Intra-Europe 199 189 186 176 751 191 189 192 184 756 Total Units Carried 850 855 873 812 3,390 863 895 936 887 3,581 Number of Fleet 95 98 98 99 99 98 99 99 99 99 FY2025 FY2026 91 84 84 74 44 62 79 73 77 63 74 76 76 84 83 76 84 80 83 79 83 87 89 78 85 85 87 81 86 89 94 89 0 20 40 60 80 100 1Q 2019F 2Q 3Q 4Q 1Q 2020F 2Q 3Q 4Q 1Q 2021F 2Q 3Q 4Q 1Q 2022F 2Q 3Q 4Q 1Q 2023F 2Q 3Q 4Q 1Q 2024F 2Q 3Q 4Q 1Q 2025F 2Q 3Q 4Q 1Q 2026F 2Q 3Q 4Q (10,000 Units) Japan・FE/North America Japan・FE/Europe Japan・FE/The Other Area Trade not From/To Japan・FE Trade bound for Japan・FE Intra-Europe
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17 Appendix “K” Line Group Fleet Composition * The number of owned vessels includes co-owned vessels, and deadweight tonnage includes share of other companies' ownership in co-owned vessels. * Includes flagships and spot and/or short-term activities at the end of term. * Reflecting the reclassification of certain “K” Line business segments effective from FY2026, FY2025 figures are presented based on the revised segment classification. 163 163 99 99 98 99 36 36 42 42 1 1 439 440 0 100 200 300 400 500 JUN 2026 MAR 2026 Dry Bulk Energy Resource Transport Car Carriers Containerships Short Sea and Coastal Ships Other Type of Vessel No. DWT(MT) No. DWT(MT) No. DWT(MT) No. DWT(MT) Dry Bulk 46 6,059,964 117 14,634,339 163 20,694,303 163 20,051,466 Tankers 12 2,282,770 1 54,149 13 2,336,919 13 2,336,919 LNG Carriers 51 4,307,975 2 153,950 53 4,461,925 53 4,441,332 Thermal Coal Carriers 10 850,926 16 1,463,631 26 2,314,557 26 2,316,433 Drillship 1 - 0 - 1 - 1 - FPSO 2 - 0 - 2 - 2 - Geo-Survey Vessel 1 3,587 0 - 1 3,587 1 3,587 Liquefied CO₂ Carriers 3 30,541 0 - 3 30,541 3 30,541 Car Carriers 46 711,893 52 968,877 98 1,680,770 99 1,693,358 Containerships 11 1,050,785 25 2,405,835 36 3,456,620 36 3,456,620 Short Sea and Coastal Ships 28 310,135 14 118,715 42 428,850 42 428,850 LNG Bunkering Vessel 1 2,431 0 - 1 2,431 1 2,431 Total 212 15,611,007 227 19,799,496 439 35,410,503 440 34,761,537 MAR 2026 Owned Chartered Total Total JUN 2026
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18 ∎ “K” Line Group Vessels in Operation Appendix “K” Line Group Vessels in Operation/New Building Delivery Schedule ∎ Upcoming New Building Delivery Schedule * Reflecting the reclassification of certain “K” Line business segments effective from FY2026, FY2025 figures are presented based on the revised segment classification. Number of Vessel 2026 2027 2028 CAPE 2 4 6 PANAMAX 1 HANDYMAX 3 1 1 SMALL HANDY 1 LNG Carriers 10 5 Thermal Coal Carriers 1 2 Liquefied CO₂ Carrier 1 Car Carriers (7,000 Units) 3 1 Car Carriers (~2,000 Units) 3 Short Sea and Coastal Ships 2 1 1 Total 20 16 13 Segment MAR 2026 JUN 2026 73 79 35 36 42 34 7 8 6 6 163 163 VLCC 6 6 AFRAMAX 2 2 LPG Carriers 5 5 Total 13 13 53 53 26 26 1 1 2 2 1 1 3 3 99 99 7,000 Units 29 29 6,000 Units 43 43 5,000 Units 10 10 4,000 Units 8 7 3,000 Units 0 0 2,000 Units 4 4 ~2,000 Units 5 5 Total 99 98 14,000TEU 12 12 8,000TEU 11 11 5,500TEU 2 2 4,200TEU 7 7 1,700TEU 4 4 1,200TEU 0 0 Total 36 36 42 42 177 176 Other 1 1 Grand Total 440 439 Business/ Vessel Type Total Product Logistics Car Carriers Containerships Short Sea and Coastal Ships Total Liquefied CO₂ Carriers LNG Bunkering Vessel Dry Bulk CAPE Energy Resource Transport Tankers LNG Carriers Thermal Coal Carriers Drillship FPSO Geo-Survey Vessel Total PANAMAX HANDYMAX SMALL HANDY CHIP
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19 【Disclaimer】 Information contained in this material is provided solely for informational purposes and is not an offer or a solicitation of an offer to buy or sell securities. You are requested to make investment decisions using your own judgment. 【Forward-looking statements】 This material contains forward-looking statements concerning future plans and forecast, these statements are based on information currently available. Furthermore, “K” LINE therefore cautions readers that actual results may differ materially from economic conditions, supply and demand in the shipping industry, price of bunker, foreign currency exchange rates.