March 22, 2024

To whom it may concern:

Company Name: Kansai Paint Co., Ltd.

Representative: MORI Kunishi, Representative Director of the Board, President

(Code number: 4613, Tokyo Stock Exchange Prime Market)

Contact: MASUTANI Yoichi, Director, Finance & Accounting Dept., Corporate Finance Div. (Tel.：+81-6-7178-5531)

Notice Concerning Cancellation of Own Shares

(Cancellation of Own Shares pursuant to Article178 of the Companies Act of Japan)

Kansai Paint Co., Ltd. hereby announces that the cancellation of own shares as approved at a meeting of the Board of Directors held on March 22, 2024 pursuant to provisions of Article 178 of the Companies Act of Japan.

1.

Class of shares to be cancelled

Common shares

Aggregate number of shares to

28,201,800 shares

2.

(The ratio to the aggregate number of issued shares before cancellation:

be cancelled

11.82%)

3.

Cancellation date

March 29, 2024

4.

Aggregate number of issued

210,421,470 shares

shares after cancellation

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Kansai Paint Co. Ltd. published this content on 22 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2024 07:05:05 UTC.