"K" LINE is pleased to announce that we have arranged an operating lease for the Next-GenerationEnvironmentally-Friendly LNG-fueled Car Carrier through Climate Transition Loan with Mizuho

Bank Ltd. (MHBK) and Sumitomo Mitsui Trust Bank Ltd. (SMTB).

This loan is recognized as thevery first Climate Transition Finance in Japan.

The loan was evaluated by Japan Credit RatingAgency, Ltd.(JCR) in line with the Climate Transition Finance Handbook published by theInternational Capital Markets Association(ICMA) and it acquired the highest recognition, Green1(T), as an overall evaluation.

The concept of Climate Transition Finance is to accelerate the efficient flow of financing to thecompanies, which address climate change risk as material issues for its core business activitiesand to move beyond conventional business procedures to achieve its GHG emission reduction target to contribute to the global goals for decarbonization.

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K Line - Kawasaki Kisen Kaisha Ltd. published this content on 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2021 10:01:04 UTC.