Annual Securities Report

The report presents JAPEX Group's newly formulated Management Plan 2026-2035, focused on overseas E&P, CCUS and execution capabilities. It identifies four material issues, including building overseas E&P assets and commercializing CCUS. Climate milestones include a 40% reduction in Scope 1+2 emissions intensity from FY2019 by FY2030 and net zero by 2050. The group also acquired Verdad Resources Intermediate Holdings LLC in February 2026, expanding its U.S. oil and gas portfolio.