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July 08, 2022 Kawasaki Heavy Industries, Ltd. announced today that following the news release on June 6, 2022 regarding the issuance of its Green Bond*1 (hereinafter "the Bond"), the terms and conditions of the Bond has been determined as follows. The funds raised from this issuance will be used for projects to build a clean hydrogen supply chain, and the company will work toward the realization of the coming hydrogen society through "Trustworthy Solutions for the Future". The company has set a sustainable finance target for 50% of its long-term debt in FY2030 and 100% in FY2050. By making active use of sustainable finance, they will accelerate their sustainability management initiatives to realize the Group Vision 2030*2 and strengthen their engagement with stakeholders to contribute to the achievement of the SDGs and a sustainable society. Summary of the Bond 
*1 Bonds issued to raise funds specifically for projects that contribute to solving environmental problems. *2 Group Vision 2030: URL: https://global.kawasaki.com/en/corp/ir/library/other_presen.html Kawasaki Heavy Industries Ltd. press release 
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