Announcement Regarding Completion of Additional Acquisition of Shares in Hitachi Construction Machinery Co., Ltd.

April 15, 2026

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO; hereinafter “ITOCHU”) announced today that, after obtaining the approvals required by laws and regulations, the series of transactions for acquiring additional shares of Hitachi Construction Machinery Co., Ltd. (hereinafter “Hitachi Construction Machinery”) as announced on February 19, 2026 was completed today. Hitachi Construction Machinery is scheduled to change its name to LANDCROS Corporation in April 2027.

1. Overview of the Share Acquisition
These transactions were carried out through a structure in which HCJI Holdings, Ltd. (hereinafter “HCJI”) acquired all shares of HCJI held by HCJ Holdings (hereinafter “HCJ”), which had jointly owned HCJI together with Citrus Investment G.K. (hereinafter “Citrus”) on a 50-50 basis. HCJ is a special purpose company funded by an investment fund managed, operated and advised by Japan Industrial Partners, Inc. (hereinafter “JIP”).

2. Overview of HCJI’s Acquisition of Treasury Stock
(1)Seller ：HCJ Holdings
(2)Acquisition Price ：134,080 million yen

3. Future Outlook
ITOCHU is currently carefully reviewing the impact of this matter on its consolidated financial results for the fiscal year ending March 31, 2027. Details will be explained in the FY2026 Management Plan scheduled to be announced on May 1, 2026.

Going forward, ITOCHU will continue to accelerate its collaboration with Hitachi Construction Machinery in key regions, including the North American market, and contribute to the strengthening of Hitachi Construction Machinery’s management base and the enhancement of its global competitiveness.