(Update on Disclosed Matter)
Notification Regarding the Completion of the Tender Offer for Shares of Mitsubishi Logisnext Co., Ltd. by LVJ Holdings 2 LLC

Tokyo, February 19, 2026 – As announced in the press release dated September 30, 2025, "Notice Regarding the Execution of a Contract to take the Company's Consolidated Subsidiary Mitsubishi Logisnext Co., Ltd. Private and the (Planned) Transfer of a Consolidated Subsidiary", Mitsubishi Heavy Industries, Ltd. (the "Company") has resolved to enter into a basic transaction agreement with LVJ Holdings 2 LLC (the "Tender Offeror") concerning a series of transactions, including a tender offer for the common stock and the stock acquisition rights of Mitsubishi Logisnext Co., Ltd. ("Mitsubishi Logisnext") by the Tender Offeror (the "Tender Offer").

As announced in the press release dated January 20, 2026, "Notification Regarding the Commencement of the Tender Offer for Shares of Mitsubishi Logisnext Co., Ltd. by LVJ Holdings 2 LLC", the Tender Offeror commenced the Tender Offer on January 21, 2026, and the Tender Offer was completed on February 18, 2026. Since the total number of shares tendered in the Tender Offer exceeded the minimum number of shares to be purchased, the Tender Offer was successfully completed. For details of the Tender Offer, please refer to "Notice Concerning Results of the Tender Offer for the Company Shares, etc. by LVJ Holdings 2 LLC and Changes in Major Shareholder" announced today by Mitsubishi Logisnext.

The Company did not apply for the Tender Offer. Instead, the Company will sell Mitsubishi Logisnext shares held by the Company through a share repurchase by Mitsubishi Logisnext which will be implemented after the completion of the Tender Offer. Following the completion of the sale, the Company will repurchase the shares issued by the Tender Offeror. Mitsubishi Logisnext shall cease to be a consolidated subsidiary of the Company.