<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">Global maritime leader <b>Mitsui O.S.K. Lines (MOL)</b>

has unveiled a transformative expansion strategy for the Indian market,

signaling a move beyond traditional sea freight into <b>shipbuilding, dedicated

RoRo (Roll-on/Roll-off) terminals, and comprehensive inland logistics</b>. This

diversification highlights the company's commitment to India’s rising status as

a premier global manufacturing and export powerhouse.<o:p></o:p></span></p>

<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Strategic Expansion Pillars<o:p></o:p></span></b></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Shipbuilding

Initiatives</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: MOL is actively exploring joint

ventures with Indian shipyards to capitalize on the nation's skilled

workforce and growing technical capacity for constructing specialized

vessels.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">RoRo

Terminal Infrastructure</span></b><span style="font-size:14.0pt;

line-height:115%;font-family:&quot;Times New Roman&quot;,serif">: To accommodate the

surge in Indian automobile exports, the group intends to invest in or

manage specialized RoRo terminals, ensuring precision handling for vehicle

carriers.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Integrated

Inland Logistics</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The company is scaling its

"Last-Mile" and "Middle-Mile" services, focusing on

modernized warehousing and temperature-controlled logistics tailored for

the pharmaceutical and retail sectors.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Energy

Transition &amp; Sustainability</span></b><span style="font-size:14.0pt;

line-height:115%;font-family:&quot;Times New Roman&quot;,serif">: MOL remains a key

partner in India’s energy security, expanding its LNG carrier fleet and

exploring future-ready ammonia and hydrogen transport solutions.<o:p></o:p></span></li>

</ul>

<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Market Dynamics &amp; Economic Impact<o:p></o:p></span></b></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Fueling

"Make in India"</span></b><span style="font-size:14.0pt;

line-height:115%;font-family:&quot;Times New Roman&quot;,serif">: By aligning with

international automakers increasing their Indian footprint, MOL aims to

provide a seamless "factory-to-dealer" global supply chain.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Infrastructure

Alignment</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: This roadmap synergizes with the <b>SagarMala

Project</b> and the <b>India-Middle East-Europe Economic Corridor (IMEC)</b>,

positioning MOL as a primary facilitator of regional trade.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Digital

Excellence</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The expansion includes integrating

advanced digital tracking systems into inland operations and continued

investment in training Indian maritime professionals.<o:p></o:p></span></li>

</ul>