Securities Report – 102nd Fiscal Period (April 1, 2025 – March 31, 2026)

Kansai Electric Power Company Securities Report – 102nd Fiscal Period (April 1, 2025 – March 31, 2026)

Kansai Electric Power Company is an integrated electric power company providing power generation, transmission, distribution, and retail electricity supply across a wide area centered on the Kansai region. This report discloses the company's business performance, financial condition, and management policies for the 102nd fiscal period (April 1, 2025 to March 31, 2026) in accordance with the Financial Instruments and Exchange Act.

The company's management philosophy centers on "ensuring safety and security," "realizing a sustainable society," and "coexisting with local communities." Its mission is to support society's foundation through stable energy supply. In recent years, the company has accelerated initiatives toward achieving a carbon-neutral society, advancing renewable energy deployment, improving thermal power plant efficiency, and ensuring nuclear power safety in parallel.

Financially, the company is strengthening its earnings base through planned capital investments and cost structure improvements. Notably, the use of smart grid and digital technologies has enhanced demand forecasting and supply-demand balancing, contributing to greater flexibility in the future power system.

In response to climate change risks, the company continues to disclose information in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). It has set clear greenhouse gas emission reduction targets and published a roadmap toward achieving carbon neutrality by 2050.

Going forward, the company remains committed to balancing stable energy supply with decarbonization, striving to maintain the trust of shareholders, investors, and all stakeholders.