Investor Presentaiton

3 Details by Segment - Energy System & Plant Engineering - Market Overview Domestic - Demand for major repair work on municipal waste incineration plants is expected to continue - Emerging countries Demand for distributed power plants and other energy infrastructure is expected to expand in the medium to long term The impact of COVID-19 Restrictions on movement of people with exception of China or certain developed countries may affect sales. and after-sales service activities Specific Efforts See page 42 for the new segment "Energy solutions and Marine Engineering" © Kawasaki Heavy Industries, Ltd. All Rights Reserved Kawasaki Powering your potential 22

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