Notice Regarding Stock Consolidation, Abolition of the Designated Number of Shares per Trading Unit, and Partial Amendments to the Articles of Incorporation

Overview of Stock Consolidation and Privatization

Mitsubishi Logisnext Co., Ltd. has resolved to consolidate 22,962,727 shares into one share on April 30, 2026, reducing the total number of issued shares from 106,948,230 shares to 4 shares, in conjunction with a tender offer by LVJ Holdings 2 Co., Ltd. (related to JIP). As a result, the company’s shares will be delisted from the Tokyo Stock Exchange Standard Market on April 27, 2026, becoming a privately held company. Following the stock consolidation, the designated number of shares per trading unit will be abolished, and partial amendments to the articles of incorporation will be implemented.

Impact on Shareholders and Measures to Ensure Fairness

Due to the stock consolidation, shareholders other than Mitsubishi Heavy Industries will hold fractional shares of less than one share. These fractional shares will be sold to the tender offeror with court approval, and the proceeds will be paid to the shareholders. The sale price is based on the tender offer price of 1,537 yen per share, ensuring a fair and reasonable valuation. A special committee has been established, and an independent third-party valuation by Nomura Securities and Plutus has confirmed the appropriateness of the tender offer price and the fairness of the transaction. Shareholders are free to decide whether to participate in the tender offer, and no coercion is involved.