Directors and Corporate Auditors to Change

Tokyo, March 31, 2016— Kawasaki Heavy Industries, Ltd. has announced that, based on decisions made at a Board of Directors meeting earlier today, following executive officers will be nominated as Directors at the Kawasaki Shareholders’ Meeting in late June 2016. The Company will also nominate new Outside Director in that meeting. Directors Akio Murakami and Eiji Inoue and Outside Director Hideki Fukuda will resign after that meeting. Murakami and Inoue will then become Advisors.

New directors to be nominated

Makoto Ogawara

President

Rolling Stock Company

Tatsuya Watanabe

President

Plant & Infrastructure Company

Retiring directors

Akio Murakami

Eiji Inoue

Hideki Fukuda

Projected Board members

(effective in late June 2016)

Shigeru Murayama

Chairman *

Yoshinori Kanehana

President *

Joji Iki

Executive Senior Vice President *

Munenori Ishikawa

Executive Senior Vice President *

Kazuo Hida

Senior Vice President

Kenji Tomida

Senior Vice President

Toshiyuki Kuyama

Senior Vice President

Kazuo Ota

Senior Vice President

Makoto Ogawara

Senior Vice President

Tatsuya Watanabe

Senior Vice President

Yoshihiko Morita

Outside Director

To be decided

Outside Director

  *Representative director

The Kawasaki Board of Directors also decided today that Associate Officer Katsuyoshi Fukuma will be nominated as Corporate Auditor at the Shareholders’ Meeting. Current Corporate Auditor Yuji Murakami will resign after that meeting.