Directors and Corporate Auditors to Change

Tokyo, March 31, 2015— Kawasaki Heavy Industries, Ltd. has announced that, based on decisions made at a Board of Directors meeting earlier today, executive officers Toshiyuki Kuyama and Kazuo Ota will be nominated as Directors at the Kawasaki Shareholders’ Meeting in late June 2015. Subject to the approval of the shareholders, they will be appointed Senior Vice Presidents. The Company will also nominate Hideki Fukuda, President of Kobe University as Outside Director and Takashi Torizumi as Corporate Auditor at that meeting. Kyohei Matsuoka, Hiroshi Takata, Minoru Makimutra and Shigehiko Kiyama will resign as Directors, and Michio Oka will resign as Corporate Auditor in late June 2015. Matsuoka and Takata will become Senior Strategic Advisors, and Makimura and Kiyama will become Advisors after resignation.

New directors to be nominated

Outside director to be nominated

Corporate auditor to be nominated

Resigning directors

Resigning corporate auditor

Proposed Board members