NYK has decided to participate in an investment in MidOcean Energy, a United Kingdom-based liquefied natural gas (LNG) company established and managed by EIG, a leading institutional investor in the energy and infrastructure sectors headquartered in the United States.
The investment will be made through Diamond Gas MidOcean Limited ("DGMO"), a company established by Mitsubishi Corporation (Head Office: Chiyoda-ku, Tokyo) in 2023, by subscribing for all of the shares to be issued in DGMO's third-party allotment. Following the investment, DGMO is expected to be operated as a jointly owned company by Mitsubishi Corporation and NYK.

The share subscription is subject to the receipt of competition law approvals and other required regulatory approvals from the relevant authorities and is expected to be completed between August and September 2026.

This investment represents NYK's continued expansion along the LNG value chain, following its investments in the Wheatstone LNG Project* and the Cameron LNG Project**, as well as in LNG-fueled vessel transportation and LNG bunkering businesses. The investment is positioned as part of the growth strategy set out in NYK's medium-term management plan, "Sail Green, Drive Transformations 2026 - A Passion for Planetary Wellbeing - "

Alongside this investment, the NYK Group also plans to enter into a strategic partnership with MidOcean Energy in the field of LNG marine transportation. By leveraging the expertise and experience in LNG shipping that the NYK Group has developed over many years, the NYK Group aims to contribute to the further development of MidOcean Energy's LNG value chain and, through these efforts, to global energy security and sustainable development.

EIG is a leading institutional investor in the global energy and infrastructure sectors with $25.9 billion in assets under management as of March 31, 2026. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 44-year history, EIG has committed $53.9 billion to the energy sector through 426 projects or companies in 44 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations, and sovereign wealth funds in the U.S., Asia, and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong, and Seoul. For additional information, please visit www.eigpartners.com .

MidOcean Energy, an LNG company formed and managed by EIG, seeks to build a diversified, resilient, cost- and carbon-competitive global LNG portfolio. It reflects EIG’s belief in LNG as a critical element of a lower carbon, competitive and more secure global energy system. MidOcean Energy has diverse LNG interests, including in Gorgon LNG, Pluto LNG, QCLNG, LNG Canada and Peru LNG. The company is headed by De la Rey Venter, a 27-year industry veteran who has held a variety of senior executive roles, including Global Head of LNG for Shell Plc. For additional information, please visit www.midoceanenergy.com .

* The Wheatstone LNG Project
The Wheatstone LNG Project processes, liquefies and markets natural gas produced from offshore gas fields located off the northwest coast of Western Australia. Commercial operations commenced in 2017, and the project has an LNG production capacity of up to 8.9 million tonnes per annum. NYK participates in the project together with JERA Co., Inc., Mitsubishi Corporation and Japan Organization for Metals and Energy Security (JOGMEC).

** The Cameron LNG Project
The Cameron LNG Project is an LNG export project in Louisiana, United States, which liquefies natural gas delivered via pipeline to the Cameron LNG terminal. Commercial operations commenced in 2019, and the project has an LNG production capacity of 12.0 million tonnes per annum across three liquefaction trains. NYK participates in the project through a joint venture with Mitsubishi Corporation.

On March 10, 2023, the NYK Group released its medium-term management plan “Sail Green, Drive Transformations 2026 - A Passion for Planetary Wellbeing -” . The NYK Group is promoting growth strategies with Sustainability at the core, based on the Group’s mission statement of “Bringing value to life” and a new corporate vision for 2030, which reads, “we go beyond the scope of a comprehensive global logistics enterprise to co-create value required for the future by advancing our core business and growing new ones.”