#MitsubishiCorporation

Mitsubishi Corporation has decided to merge its wholly owned subsidiary Cermaq, aiming to optimize its salmon farming business in Canada. The merger is scheduled for June 1, 2026, involving the comprehensive transfer of assets and liabilities.

Mitsubishi Corporation has decided to allocate 192 new stock options (Stock Options C6 Plan) to its Executive Officers for FY2026. The purpose of the allocation is to improve performance and boost employee morale. The exercise period runs from June 8, 2026, to July 6, 2050.

Mitsubishi Corporation decided at the Board of Directors meeting held on May 19, 2026, to allot 151 stock options (C5 Plan) to Executive Officers, with an intention to grant 300 shares per allotment.

Mitsubishi Corporation has resolved to allocate 92 stock acquisition rights (C4 Plan) to its executive officers for fiscal year 2026, with an exercise period from June 8, 2026, to July 11, 2052.

Mitsubishi Corporation plans to offer 144 stock options (C3 plan) to executive officers for fiscal year 2026, granting 300 shares per option. The exercise period runs from July 11, 2026, to July 10, 2053.

For the full-year ending March 2026, individual performance recorded revenue decreasing 15.13% from ¥2,123,803 million to ¥1,802,498 million, and ordinary income declined 3.10% from ¥818,331 million to ¥792,974 million.

Consolidated revenue for the fiscal year ending March 2026 was 18,915,995 million yen (1.6% increase YoY), net income attributable to owners of parent was 800,460 million yen (15.8% decrease YoY), and the annual dividend is planned at 110 yen (10 yen increase YoY).

Resolution on changes in representative directors as of June 19, 2026. Yuzo Nonai will resign, and Shigero Baba and Yoshihiro Shimazu are scheduled to assume the roles of representative directors.

Total amount of share buyback consideration was JPY 999,999,552,401, number of shares acquired was 318,397,611 shares, number of shares cancelled was 4,028,926,353 shares (7.9% of total issued shares), with cancellation scheduled for April 30, 2026.

As of March 31, 2026, Mr. Kotaro Tsukamoto and Mr. Yutaka Kashiwagi will step down as Representative Directors and assume positions as Executive Vice Presidents and Senior Executive Officers, respectively.

In February 2026, Mitsubishi Corporation acquired 13,448,000 shares of treasury stock at a total acquisition price of 64,616,736,000 yen. The cumulative number of acquired shares reached 306,708,811 shares, with a total acquisition cost of 939,312,836,901 yen.

The capital amount of Cermaq Holding AS and Cermaq Norway Holding AS decreased, and they ceased to be Mitsubishi Corporation’s specified subsidiaries. There is no impact on earnings or financial condition for the fiscal year ending March 2026.