Notice of Partial Amendment to the Articles of Incorporation in Connection with Transition to a Company with an Audit and Supervisory Committee

Amendment to the Articles of Incorporation and Reorganization of the Governance Structure

Kawagishi Bridge Works Co., Ltd. has resolved to partially amend its articles of incorporation to transition to a company with an Audit and Supervisory Committee. The objective is to strengthen the board of directors’ supervisory functions, enhance corporate governance, and expedite decision-making. The amendments are scheduled to be approved at the 80th Ordinary General Meeting of Shareholders (scheduled for December 23, 2026). The revised organizational structure will include the establishment of an Audit and Supervisory Committee and the elimination of the current statutory auditors and the Board of Statutory Auditors.

Implementation Schedule and Impact

The effective date of the amended articles of incorporation will be December 23, 2026. Provisions related to convening and conducting shareholder meetings, methods of public notice, and other rules have been organized, including clarification of the persons authorized to convene the board of directors, the chair, voting procedures, and the setting of record dates. The transition to a company with an Audit and Supervisory Committee aims to strengthen supervisory functions by making Audit and Supervisory Committee members part of the board of directors.