June 21, 2024

Change of Trade Name Approved at 127th Annual General Meeting of Shareholders

to "Kanadevia Corporation" from 1 October 2024.

Hitachi Zosen Corporation announces that its policy to change its trade name to "Kanadevia Corporation", which was announced in September 2023, has been officially approved at the 127th Ordinary General Meeting of Shareholders held on 20 June 2024.

"Kanadevia" is a name derived from our corporate philosophy and brand concept, and will carry on our history and traditions. The history and traditions we will carry on are the values common to the Group, including the spirit of our founder E. H. Hunter, our company motto and the Hitz Value, which defines our corporate philosophy, management approach and code of conduct.

Inheriting the spirit of challenge, the spirit of diversity and inclusion, the spirit of cooperation, and the spirit of valuing the public interest, we will respect diversity and continue to innovate tirelessly, blazing new trails like an orchestra playing in harmony.

The trade names of our group companies will also be changed as follows. The change of trade name of Hitachi Zosen Inova AG will be announced in due course.

[List of the main consolidated subsidiaries of the company undergoing a trade name change]

Before

After

SN Environment Technology CO., LTD.

Kanadevia E&E Corporation

Hitz Environment Service CO., LTD.

Kanadevia Environment Service Company Limited

NICHIZO TECH INC.

Kanadevia Engineering Corporation

Hitz Sogo Service CO., Ltd.

Kanadevia General Service Co., Ltd.

Hitz Insurance Service Corporation

Kanadevia Insurance Service Corporation

HITACHI ZOSEN VIETNAM CO., LTD.

Kanadevia VIETNAM CO.,LTD.

TANGENT HITZ CO., LTD.

TANGENT Kanadevia Co., Ltd.

HITZ HOLDINGS U.S.A. INC.

Kanadevia HOLDINGS U.S.A. INC.

HITZ(THAILAND)CO., LTD.

Kanadevia(THAILAND)CO.,LTD.

Hitachi Zosen India Private Limited.

Kanadevia India Private Limited.

PT. HITZ INDONESIA

PT. Kanadevia INDONESIA

Hitachi Zosen Trading (Shanghai) Co.,Ltd

Kanadevia (Shanghai) Trading Co,. Ltd.

(Scheduled date of change: October 1, 2024)

Symbol mark (logo)

Co-labeling with brand statement

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HITZ - Hitachi Zosen Corporation published this content on 21 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2024 00:15:09 UTC.