みずほフィナンシャルグループ(8411) – Notice of Convocation Annual General Meeting 2022

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開示日時:2022/05/23 08:00:00

損益

決算期 売上高 営業益 経常益 EPS
2018.03 232,891,100 0 0 227.2
2019.03 219,395,000 0 0 38.0
2020.03 234,129,300 0 0 176.8
2021.03 247,883,600 0 0 185.75

※金額の単位は[万円]

株価

前日終値 50日平均 200日平均 実績PER 予想PER
1,600.5 1,486.95 1,564.7725 6.32 6.86

※金額の単位は[円]

キャッシュフロー

決算期 フリーCF 営業CF
2018.03 272,708,000 296,670,100
2019.03 -279,039,400 -263,609,600
2020.03 166,504,200 190,189,300
2021.03 1,639,703,100 1,661,323,500

※金額の単位は[万円]

▼テキスト箇所の抽出

Mizuho Financial GroupConvocation Notice of the20th Ordinary General Meeting of ShareholdersFY2021 (April 1, 2021 – March 31, 2022)(Securities Code 8411)This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Table of Contents p.4 Message to our shareholders (stakeholders) p.17 Convocation notice of the 20th Ordinary General Meeting of Shareholders p.19 Reference materials for the General Meeting of Shareholders p.50 Business Report for the 20th Fiscal Year p.111 Consolidated Financial Statements and other related documents p.126 Reference Mizuho Financial Group’s cross-shareholdings of other listed companies 2 Forward-looking Statements This material contains statements that constitute forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, including estimates, forecasts, targets and plans. Such forward-looking statements do not represent any guarantee by management of future performance. In many cases, but not all, we use such words as “aim,” “anticipate,” “believe,” “endeavor,” “estimate,” “expect,” “intend,” “may,” “plan,” “probability,” “project,” “risk,” “seek,” “should,” “strive,” “target” and similar expressions in relation to us or our management to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. These statements reflect our current views with respect to future events and are subject to risks, uncertainties and assumptions. We may not be successful in implementing our business strategies, and management may fail to achieve its targets, for a wide range of possible reasons, including, without limitation: the development and impact of the novel coronavirus, incurrence of significant credit-related costs; declines in the value of our securities portfolio; changes in interest rates; foreign exchange rate fluctuations; decrease in the market liquidity of our assets; revised assumptions or other changes related to our pension plans; a decline in our deferred tax assets; the effect of financial transactions entered into for hedging and other similar purposes; failure to maintain required capital adequacy ratio levels; downgrades in our credit ratings; our ability to avoid reputational harm; our ability to implement our 5–Year Business Plan and other strategic initiatives and measures effectively; the effectiveness of our operation, legal and other risk management policies; the effect of changes in general economic conditions in Japan and elsewhere, problems related to our information technology systems and cyber attacks; changes to applicable laws and regulations; and the effect of climate change. Further information regarding factors that could affect our financial condition and results of operations is included in “Item 3.D. Key Information—Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in our most recent Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”) and our report on Form 6-K/A furnished to the SEC on December 29, 2021, both of which are available in the Financial Information section of our web page at www.mizuho-fg.com/index.html and also at the SEC’s web site at www.sec.gov. We do not intend to update our forward-looking statements. We are under no obligation, and disclaim any obligation, to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by the rules of the Tokyo Stock Exchange. 3 Message to our shareholders (stakeholders) 1 For Stable Business Operations We announced a business improvement plan on January 17, 2022 based on the business improvement order issued on November 26, 2021. I Progress of business improvement plan Main measures for improvement Actions Progress Prevention of system failures Recurrence prevention Prevention Improvement on locations where the system failures occurred Improvement on similar locations Inspection of important infrastructure platforms Inspection of applications Customer support in which system and business contingency plans are working in conjunction Enhancement of system failure response capabilities ATM specification change and the enhancement of customer support capability Inspect and modify systems at the locations that were the direct causes of system failures. (Replace damaged hardware, modify functions, clarify work procedures and enhance the testing structure.) Inspect and modify systems by expanding the scope to locations where similar events could occur. Inspect and modify important systems to ensure that there is no significant failure risk. Inspect and modify important systems to ensure their stable operation (whether settings are appropriate in light of any increase/decrease of transaction volume or other factors). IT and user departments collaboratively confirm contingency plans, conduct training and take other measures to ensure prompt customer support in the case of system failure. Change specifications to prevent ATM cards and bankbooks from being captured, in order not to keep customers waiting in the event of problems arising from the machines, and introduce specifications such as to display information to customers on statements. Install cameras with speakers in ATM booths to ensure prompt customer support in the event of problems arising from the machines. Continuous efforts to further improve specifications in order not to keep customers waiting. Completed Completed Ongoing in the order starting from important systems and equipment Ongoing in the order starting from important operations Completed Ongoing installation Ongoing 4 Main measures for improvement Actions Progress Business operations based on on-site feedback from IT departments and appropriate personnel allocation Governance Enhancement of IT system risk management Legal compliance Reforming corporate culture Personnel and organizations Visualize the operations and personnel required for the maintenance and operation phases. Appropriately allocate the required personnel based on the actual situations of frontline offices. Appropriately comprehend and analyze system risks by improving management items and details and promoting in depth discussions on risk awareness and countermeasures at the senior management level. Develop procedures and structures related to foreign exchange laws and regulations. Conduct training for directors, executive officers and employees to further improve overall legal compliance. Improve business operations and communication throughout the organizations and ensure continued efforts to implement the measures for improvement mentioned in the business improvement plan. A framework has been established, which is being tested from the operations perspective before being adopted as a regular policy. Management items have been revised, and discussions are currently being promoted. Procedures and structures have been developed, and training has been conducted. Continuous efforts to implement the measures. Ongoing throughout the organizations 5 Message to our shareholders (stakeholders) 2 Corporate Governance System I Basic policy Ensuring the separation of supervision and management Delegating decisions on business execution to the executive officers (as defined in the Companies Act) Securing independence of management supervision Adopting global standards I Principal features Secure the effectiveness of corporate governance by ensuring the separation of supervision and management and making supervision of the management, such as the execution of duties by executive officers (as defined in the Companies Act), the primary focus of the Board of Directors Make it possible for the management to make swift and flexible decisions and realize expeditious corporate management by enabling the Board of Directors to delegate decisions regarding business execution to the executive officers (as defined in the Companies Act) to the greatest extent possible Utilize committees and other forms of oversight, comprised mainly of outside directors who are not members of the management of Mizuho, and secure transparency and fairness in decision-making processes regarding the appointment and dismissal of, and compensation for, the management as well as ensure effective supervision of the management At the holding company level, actively adopt operations and practices regarding corporate governance that are endorsed globally Fairness and transparency The members of the Nominating Committee and the Compensation Committee shall all be outside directors. Organizational structure Adopted a Company with Three Committees model of corporate governance This structure consists of a Board of Directors, Nominating Committee, Compensation Committee and Audit Committee, and enables executive officers (as defined in the Companies Act) to perform their duties most effectively. 6 The chairman of the Board of Directors shall be an outside director. The Chairmen of the Nominating, Compensation and Audit Committees shall be outside directors. Decision-making regarding the appointment and dismissal of, and compensation for, the management is primarily conducted by outside directors. Appropriate disclosure in line with Japan’s Corporate Governance Code As a general rule, the President & CEO of a subsidiary may not concurrently serve on the Mizuho Financial Group Board of Directors while holding their post as President & CEO. I Diagram Mizuho Financial Group General Meeting of Shareholders Appointment of directors Determines the content of proposals regarding the appointment and dismissal of directors Supervision Board of Directors Outside directors Internal non-executive directors Internal directors who concurrently serve as executive officers Determines compensation Nominating Committee Human Resources Review Meeting Compensation Committee Outside Director Session Audits the execution of duties Audit Committee Risk Committee Appoints and dismisses executive officers Delegates decisions on business execution Supervises the execution of duties Audits the execution of duties by executive officers Determines the compensation for executive officers Management Executive officers Makes decisions on business execution, based on delegation from the Board of Directors, and implements business execution Mizuho Bank Mizuho Trust & Banking Mizuho Securities General Meeting of Shareholders Board of Directors Audit and Supervisory Committee Collaborate 7 I Report on the operational status of the Board of Directors and the three legally-required committees in FY2021 Board of Directors The Chairman of the Board of Directors is an outside director. Nominating Committee All members are outside directors. Non-executive director ratio 62% (8 out of 13 directors) Outside director ratio 100% Chairman Izumi Kobayashi The Board of Directors makes decisions on business execution such as the basic management policy and supervises directors and executive officers (as defined in the Companies Act). Chairman Tatsuo Kainaka Among other things, the Nominating Committee makes decisions on the content of proposals regarding the appointment and dismissal of directors that are submitted to general meetings of shareholders. to the responses Operational status The Board of Directors had discussions regarding, among other matters, the the monitoring of system failures, the approval of the business improvement plan, the human resource policies for selecting personnel the and developing candidates establishment of our executive system, the initiatives for cyber security, the capital management and shareholder for the return sustainability, including the response to climate change, the promotion of diversity and inclusion, as well as future human resource strategies. initiatives policy, for Operational status roles among The Nominating Committee had discussions regarding the Group CEO succession, the status of the formulation and implementation of the succession plan, the ideal form of the Board of Directors, which takes into account the the holding different company and operating entities, and director nomination and appointment for the fiscal year ending March 31, 2023 at Mizuho Financial Group, Inc. and the Three The background and other matters regarding the appointment of the Group CEO are disclosed in the Corporate Governance Report. * “Three Core Companies” refers to Mizuho Bank, Ltd., Mizuho Trust & Banking Co., Ltd. and Mizuho Securities Co., Ltd. Companies*. Core 8 Compensation Committee All members are outside directors. Audit Committee The majority of the members are outside directors. Outside director ratio 100% Outside director ratio 75% Chairman Masami Yamamoto The Compensation Committee determines the basic policy for determination of executive compensation and the compensation for each individual director and executive officer (as defined in the Companies Act) and conducts other matters. Chairman Takashi Tsukioka The Audit Committee audits the legality and appropriateness of the execution of duties by directors and executive officers (as defined in the Companies Act). Operational status From the perspective of providing appropriate incentives to executives, the Compensation Committee discussed, among others, the appropriateness of the levels and composition of compensation, based on overall trends in executive compensation economic and environment in Japan and overseas, and transparency the for determining the basis regarding variable amounts, compensation including the materialization of the factors determining compensation related to sustainability. improvement the of Operational status inspected the state of Among other things, the Audit Committee audited the execution of duties by the directors and executive officers (as defined in the Companies Act), monitored and the establishment and management of the internal control system as well as that of of corporate management the subsidiaries and determined the contents of proposals regarding the appointment, dismissal and Independent non-reappointment of the Committee Auditor. Moreover, monitored, on a priority basis, the progress of the 5-Year Business Plan, the efforts to enhance governance and other relevant matters. affiliates, and 9 Message to our shareholders (stakeholders) 3 Summary of Financial Results • Supported by the strong earnings of the Customer Groups, Consolidated Net Business Profits made steady progress toward achieving our target under the 5-Year Business Plan (approximately JPY 900.0 billion for fiscal year 2023), despite a decrease in the earnings for the Markets due primarily to the rising interest rates in the United States. • Profit Attributable to Owners of Parent increased on a year-on-year basis supported by increased net business profits, even though we recorded the maximum amount for Credit-related Costs ahead of schedule in order to prepare for the deteriorating situation in Russia and other situations. I Highlight of financial results (JPY billion) Consolidated Net Business Profits1 Customer Groups2 Markets2 Credit-related Costs Profit Attributable to Owners of Parent Consolidated ROE3 FY2021 853.1 678.0 150.5 (235.1) 530.4 6.4% YoY 53.4 ↑ 127.9 ↑ (121.2) ↓ (30.2) ↓ 59.4 ↑ 0.5% ↑ 10 Consolidated Net Business Profits1 Target Approx. JPY 900.0 billion JPY 853.1 billion JPY 799.7 billionJPY 603.1 billion Customer Groups FY2018 FY2020 FY2021 FY2023 FY2021 FY2020 Percentage of credit Credit portfolio of the entire group5 Credit-related Costs Notes 1: Consolidated Gross Profits (including Net Gains (Losses) related to ETFs and others) – G&A Expenses (excluding Non-Recurring Losses) + Equity in Income from Investments in Affiliates and certain other consolidation adjustments. In addition to reserves recorded for direct effects on credit related to Russia, we responded to extended indirect effects ahead of schedule to the maximum extent possible related to Russia 0.2% USD 2.92 billion (JPY 235.1 billion)(JPY 204.9 billion)(JPY 116.1 billion) Credit related to Russia 2: New management accounting rules were applied in fiscal year 2021. Figures for YoY were recalculated based on the new rules. The amount in respect of Customer Groups is the sum total of JPY 96.4 billion for Retail & Business Banking Company (increase of JPY 35.1 billion YoY), JPY 297.3 billion for Corporate & Institutional Company (increase of JPY 27.2 billion YoY), JPY 263.9 billion for Global Corporate Company (increase of JPY 56.5 billion YoY) and JPY 20.3 billion for Asset Management Company (increase of JPY 9.0 billion YoY). 11 The amount in respect of Markets is that of Global Markets Company. 3: Excluding Net Unrealized Gains (Losses) on Other Securities. 4: Prior to reflecting one-time losses of JPY 194.7 billion recorded in light of structural reforms. 5: Mizuho Bank, Ltd. and Mizuho Trust & Banking Co., Ltd. on a consolidated basis 12 Message to our shareholders (stakeholders) 4 Dividend I Cash dividend for fiscal year 2021 Annual cash dividend Interim cash dividend Fiscal year-end cash dividend FY2021 JPY 80 JPY 40 JPY 40 YoY +JPY 51 +JPY 2.501 +JPY 2.50 Date of sending of financial statements Date of commencement of payment of fiscal year-end cash dividend June 3, 2022 June 6, 2022 We pursue the optimum balance between capital adequacy, growth investment and enhancement of shareholder returns. Progressive dividends being our principal approach while executing flexible and intermittent share buybacks. • As for the dividends, we will decide based on the steady growth of our stable earnings base, taking 40% of the dividend payout ratio as a guide into consideration. • As for share buybacks, we will consider our business results and capital adequacy, our stock price and the opportunities for growth investment in determining the execution. 13 Common Equity Tier 1 (CET1) capital ratio2 end of the 9-10% range(Mar. 31, 2022)We maintained our CET1 capital ratio at the target level under the 5-Year Business Plan and continued to ensure a resilient capital base. (Mar. 31, 2019)Regulatory requirement:8.0% Annual cash dividend per share of common stock1 Dividend payout ratio 31% 33% 197% Before recordingone-time losses3 32% 42% 40% JPY75 JPY75 JPY75 JPY75 JPY75 38% JPY80 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Notes 1: Past dividends reflect the impact of the share consolidation of common stock that was implemented effective as of October 1, 2020. 2: Basel III finalization fully-effective basis (excluding Net Unrealized Gains (Losses) on Other Securities; including the effect of partially fixing unrealized gains on stocks through hedging transactions). 3: Prior to reflecting one-time losses of JPY 194.7 billion recorded in light of structural reforms. 14 Message to our shareholders (stakeholders) 5 Sustainability I Sustainability at Mizuho Contributing the sustainable development and prosperity of the economy, industry and society around the world, as well as achieving sustainable and steady growth for Mizuho I Main indices which include Mizuho1 to environmental conservation and 1: As of May 2022 I Efforts to address climate change and decarbonization With respect to climate change, which is one of the most crucial global issues, Mizuho will pursue efforts to limit the global average temperature rise to 1.5°C and will contribute to achieving a low-carbon society by 2050. Engagement (constructive dialogue) with our clients ● Dialogue from a perspective of responsible financing and investment ● Dialogue regarding the promotion of our clients’ sustainability initiatives Approx. 1,000 companies Approx. 1,300 companies Sustainable finance Results: JPY 13.1 trillion (of which JPY 4.6 trillion in environmental finance) (preliminary cumulative total for FY2019 – FY2021) Investment quota in transition areas Commence operations with an expected quota of JPY 50 billion Amount of arranged sustainable finance (loans)2 #1 worldwide among Japanese banks #1 in Asia Publicly offered SDG bonds underwriting amount2 #1 in Japan 2: April 2021 to March 2022 Source: Refinitiv 15 I Roadmap to Net-Zero in 2050 FY 2019 FY 2021 FY 2022 FY 2023 FY 2024 2030 2040 2050 Reductions by MHFG Greenhouse gas emissions by MHFG Carbon neutral Ahead of scheduleIncrementally set interim targets NewElectricity Incrementally set targets for other sectors Interim target year Net-Zero Promoting decarboni-zation for our clients Credit balance for coal-fired power plants Decreased 50%4by Zero 3: Total from FY 2019 4: Reduction target compared to the end of FY 2019 Achievement of low-carbon society 16 This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. (Securities code: 8411) June 3, 2022 To our shareholders CONVOCATION NOTICE OF THE 20TH ORDINARY GENERAL MEETING OF SHAREHOLDERS Please be advised that the 20th Ordinary General Meeting of Shareholders of Mizuho Financial Group, Inc. will be held as set forth below. If you are not able to attend the meeting, please exercise your voting rights in advance via the Internet (by using smartphones or other devices) or in writing, after examining the reference materials for the ordinary general meeting of shareholders set forth below (pages 19 through 49). We will be live broadcasting the meeting to shareholders over the Internet. Even if you wish to watch the live broadcast, we respectfully request that you exercise your voting rights in advance. Izumi Kobayashi Chairman of the Board of Directors Mizuho Financial Group, Inc. 5-5, Otemachi 1-chome, Chiyoda–ku, Tokyo 17 • • 1. Date and time: 10:00 a.m. on Tuesday, June 21, 2022 (doors open at Details 9:00 a.m.) 2. Venue: Tokyo International Forum (Hall A) 5-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo 3. Purpose of the Meeting: Matters to be reported: Report on the Business Report for the 20th fiscal year (from April 1, 2021 to March 31, 2022), on the consolidated financial statements, on the non-consolidated financial statements and on the Results of Audit of the Consolidated Financial Statements by the Independent Auditors and the Audit Committee Matters to be resolved: Company’s Proposal Proposal 1: Appointment of twelve (12) directors Proposal 2: Partial amendment to the Articles of Incorporation -End of notice- Any corrections made to the reference materials for the ordinary general meeting of shareholders, the Business Report, the consolidated financial statements and the non-consolidated financial statements shall be announced on our website. Notes: • In the case of attendance by proxy, please appoint as a proxy one of the shareholders holding voting rights at this general meeting of shareholders, and submit the document certifying the authority of such proxy. If you exercise your voting rights twice, in writing and via the Internet, we will only accept the exercise of your voting rights via the Internet as effective. If you exercise your voting rights more than once via the Internet, we will only accept the last exercise of your voting rights as effective. 18 Reference materials for the General Meeting of Shareholders Company’s proposal Proposal 1: Appointment of twelve (12) directors Of the thirteen (13) directors appointed at the 19th Ordinary General Meeting of Shareholders, Mr. Tatsufumi Sakai resigned as a director as of April 1, 2022, and the term of office of the other twelve (12) directors will expire at the closing of this Ordinary General Meeting of Shareholders. Therefore, we propose the appointment of twelve (12) directors in accordance with the determination by the Nominating Committee. All six (6) outside director candidates satisfy the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. (For an overview of the independence standards above, please see pages 44 to 45.) Composition and Diversity of the Board of Directors ■Composition of the Board of Directors 5 persons 6 persons 4 persons 6 persons Percentage of outside and non-executive officers Percentage of outside and non-executive officers 2 persons 2 persons Percentage of outside directors (As of the appointment for FY 2020) (After the appointment for FY 2021) Outside directors Non-executive directors (internal) Directors who concurrently serve as executive officers Percentage of outside directors ■Term of office More than 4 years Within 4 years Average years in office 2.8 years Within 2 years Average age 64.7 y/o Under 60 ■Age 70s 80s 60s 19 Composition of the Board of Directors Mizuho Financial Group believes that, in addition to conducting strategic direction within the group, it is important for our Board of Directors to appropriately fulfill the role of supervising the implementation of governance functions across the group and across subsidiaries under group management. As such, our Board of Directors is composed of an appropriate balance of internal directors who have insight into the group’s business model, and outside directors who possess complex and diverse perspectives that we may not have within the group. Approach to considering candidates for membership of the Board of Directors The criteria for appointing a director is established in the Corporate Governance Guidelines, and includes consideration of the supervisory role Mizuho Financial Group fulfills in its capacity as the holding company. Regarding candidates for outside director positions, we primarily consider those in senior management roles who have expertise in areas including finance, financial control, accounting, law, and technology, and who we can expect to successfully carry out supervisory functions from both a global and sustainable perspective. Candidates for internal director positions must be capable of the appropriate execution of group business management, and must have insight into financial operations, financial regulations, and Mizuho’s business model. Candi-date No. Candidate’s Name Year of appoint-ment Current title and assignment at Mizuho Financial Group 1 2 3 4 5 6 Tatsuo Kainaka Male Reappointment / Independent Outside Director 2014 Yoshimitsu Kobayashi Male Ryoji Sato Male Reappointment / Independent Outside Director Reappointment / Independent Outside Director Takashi Tsukioka Male Reappointment / Independent Outside Director 2021 Masami Yamamoto Male Reappointment / Independent Outside Director 2019 Izumi Kobayashi Fe-male Reappointment / Independent Outside Director 2017 Member of the Board of Directors Chairman of the Nominating Committee Member of the Compensation Committee Member of the Audit Committee 2020 Member of the Board of Directors Member of the Nominating Committee 2020 Member of the Board of Directors Member of the Audit Committee ● Experience and expertise Corporate Manage-ment Finance Law Tech-nology Financial Control and Account-ing ● ● ● ● ● ● ● ● ● Member of the Board of Directors Member of the Nominating Committee Member of the Compensation Committee Chairman of the Audit Committee Member of the Board of Directors Member of the Nominating Committee Chairman of the Compensation Committee Member of the Board of Directors Chairman of the Board of Directors Member of the Nominating Committee Member of the Risk Committee 20 *The “Experience and expertise” column shows the experience and expertise that candidates for director have in particular. Candi-date No. 7 8 9 Seiji Imai Male Hisaaki Hirama Male Reappointment / Internal Non- Executive Director Reappointment / Internal Non- Executive Director Masahiro Kihara Candidate’s Name Year of appoint-ment Current title and assignment at Mizuho Financial Group Experience and expertise Business strategy and Manage-ment Financial Control and Account-ing Risk Manage-ment Human Resources and Organiza-tion Global 2021 Chairman (Kaicho), Member of the Board of Directors (Note) ● ● 2019 Member of the Board of Directors Member of the Audit Committee Chairman of the Risk Committee ● ● Male New appointment – ● ● ● ● President & Group CEO (Representative Executive Officer) Member of the Board of Directors Deputy President & Senior Executive Officer (Representative Executive Officer) Chief Digital Innovation Officer (Group CDIO) Head of Financial Control & Accounting Group (Group CFO) Member of the Board of Directors Senior Executive Officer Head of Risk Management Group (Group CRO) Member of the Board of Directors Senior Executive Officer Head of Human Resources Group (Group CHRO) ● ● 11 Motonori Wakabayashi Male Reappointment 2019 ● ● 12 Nobuhiro Kaminoyama Male Reappointment 2021 Note: Chairman (Kaicho) Imai engages in our external activities, but does not chair the Board meetings. The Board meetings will be chaired by the independent director chair Izumi Kobayashi. 10 Makoto Umemiya Male Reappointment 2017 21 Reappointment / Independent Outside Director Candidate No. 1 Tatsuo Kainaka Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021) Term in office as a director January 2, 1940 (Age 82) Member of the Board of Directors Chairman of the Nominating Committee Member of the Compensation Committee Member of the Audit Committee Number of shares of Mizuho Financial Group’s common stock currently held: 4,847 shares Potential number of additional shares of common stock to be held: 5,827 shares The Board of Directors: The Nominating Committee: The Compensation Committee: The Audit Committee: 24/24 meetings (100%) 19/19 meetings (100%) 10/10 meetings (100%) 21/21 meetings (100%) 8 years (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: He has served in positions such as Superintending Prosecutor of the Tokyo High Public Prosecutors Office and Justice of the Supreme Court, and he is currently active as an attorney-at-law. We propose to appoint him as an outside director based on our conclusion that he will be able to significantly contribute to, among other matters, (i) strengthening the effectiveness of both the decision-making and supervisory functions of the Board of Directors, and (ii) the further enhancement of our corporate governance, compliance and crisis management framework, from a perspective independent from that of the management, leveraging his extensive experience, deep insight and high level of expertise. Although he has not previously been engaged in management of a company other than in his career as an outside director and outside audit & supervisory board member, we believe he will fulfill the duties of an outside director of Mizuho Financial Group appropriately due to the reasons stated above. Candidate’s independence He satisfies the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. The relationship between him, as attorney-at-law, and the group does not affect his independence, for reasons including that neither he nor the law office to which he belongs, i.e., Takusyou Sogo Law Office, have received any money or proprietary benefit from the group other than the compensation he receives as an outside director of Mizuho Financial Group. Activities on the Board of Directors and committees By leveraging his extensive experience, deep insight and high level of expertise in the legal profession, at the Board of Directors Meeting, he provides opinions and suggestions concerning (i) the desirable compliance measures and (ii) the efforts to reform the corporate culture. In addition, at the Nominating Committee, as the Chairman, he played an appropriate role in performing the supervisory functions by, among other matters, leading the discussions on the Group CEO’s personnel requirements, multifaceted evaluation of the candidates and the desirable Board of Directors in light of the role of a holding company, when the Group CEO was replaced. 22 Brief personal record April 1966 January 2002 October 2002 March 2010 April 2010 January 2011 November 2013 June 2014 Appointed as Public Prosecutor Superintending Prosecutor of the Tokyo High Public Prosecutors Office Justice of the Supreme Court Admitted to the Tokyo Bar Association Joined Takusyou Sogo Law Office (current) President of the Life Insurance Policyholders Protection Corporation of Japan Member of the Board of Directors (Outside Director) of BK (until June 2014) Member of the Board of Directors (Outside Director) of FG (current) Definitions: FG: Mizuho Financial Group, Inc. BK: Mizuho Bank, Ltd. Status of major concurrent offices Attorney-at-law at Takusyou Sogo Law Office Corporate Auditor (External) of Oriental Land Co., Ltd. 23 Candidate No. 2 Yoshimitsu Kobayashi Reappointment / Independent Outside Director November 18, 1946 (Age 75) Member of the Board of Directors Member of the Nominating Committee Number of shares of Mizuho Financial Group’s common stock currently held: 2,844 shares Potential number of additional shares of common stock to be held: 3,197 shares The Board of Directors: The Nominating Committee: 24/24 meetings (100%) 19/19 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year2021) Term in office as a director 2 years (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: In addition to serving as Representative Director, Member of the Board, President and Chairperson of Mitsubishi Chemical Holdings Corporation, he was the Chairperson of Japan Association of Corporate Executives, a Chairman of the Council for Promotion of Regulatory Reform, a member of the Council for Science, Technology and Innovation, and a member of the Council on Economic and Fiscal Policy, among others. Currently, he is active as a Member of the Board of Mitsubishi Chemical Holdings Corporation and the Chairman of the Board of Directors of Tokyo Electric Power Company Holdings, Inc. We propose to appoint him as a candidate for outside director based on our conclusion that he will be able to significantly contribute to, among other matters, strengthening the effectiveness of both the decision-making and supervisory functions of the Board of Directors, from a perspective independent from that of the management, leveraging, among other matters, his extensive experience as a senior executive of a global corporation and deep insight in corporate governance. Candidate’s independence He satisfies the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. The business relationship between Tokyo Electric Power Company Holdings, Inc., where he serves as Chairman of the Board of Directors , and the group does not affect his independence, for reasons including that (i) the percentage of sales gained through the business with the group of the consolidated net sales of Tokyo Electric Power Company Holdings, Inc., and (ii) the percentage of gross profits gained through the business with group companies of Tokyo Electric Power Company Holdings, Inc. of the consolidated gross profits of Mizuho Financial Group, are less than 1%, respectively. Activities on the Board of Directors and committees By leveraging his broad experience and deep insight about corporate governance as a senior executive, he provides opinions and suggestions on sustainability and business continuity management among other matters at the Board of Directors Meeting. In addition, at the Nominating Committee, he played an appropriate role in performing the supervisory functions by, among other matters, actively providing opinions on the desirable Board of Directors in 24 December 1974 April 2005 June 2006 April 2007 April 2009 June 2012 June 2015 September 2015 June 2018 June 2020 June 2021 light of the role of a holding company as well as the replacement of the Group CEO. Brief personal record February 2007 Member of the Board, Managing Executive Officer of Mitsubishi Joined Mitsubishi Chemical Industries Corporation (current Mitsubishi Chemical Corporation) Managing Executive Officer of Mitsubishi Chemical Corporation President and CEO of Mitsubishi Chemical Group Science and Technology Research Center, Inc. Member of the Board of Mitsubishi Chemical Holdings Corporation Chairman of Mitsubishi Kagaku Institute of Life Sciences Chemical Corporation Representative Director, Member of the Board, President of Mitsubishi Chemical Holdings Corporation Representative Director, Member of the Board, President and Chief Executive Officer, of Mitsubishi Chemical Corporation Member of the Board, President of The KAITEKI Institute, Inc. Outside Director of Japan Display Inc. (until March 2015) Outside Director of Tokyo Electric Power Co., Inc. (until March 2015) February 2015 Member of the Board, Chairman, The KAITEKI Institute, Inc. April 2015 Chairman, Japan Association of Corporate Executives (until April 2019) Member of the Board, Chairperson of Mitsubishi Chemical Holdings Corporation Outside Director of Toshiba Corporation (until July 2020) Chairman of Board of Directors, Outside Director of Toshiba Corporation (until July 2020) Member of the Board of Directors (Outside Director) of FG (current) Member of the Board of Mitsubishi Chemical Holdings Corporation (current) Member of the Board of The KAITEKI Institute, Inc. (current) Chairman of the Board of Directors of Tokyo Electric Power Company Holdings, Inc. (current) Definitions: FG: Mizuho Financial Group, Inc. Status of major concurrent office Member of the Board of Mitsubishi Chemical Holdings Corporation Member of the Board of The KAITEKI Institute, Inc. Chairman of the Board of Directors of Tokyo Electric Power Company Holdings, Inc. 25 Candidate No. 3 Ryoji Sato Reappointment / Independent Outside Director December 7, 1946 (Age 75) Member of the Board of Directors Member of the Audit Committee Number of shares of Mizuho Financial Group’s common stock currently held: 1,922 shares Potential number of additional shares of common stock to be held: 3,197 shares The Board of Directors: The Audit Committee: 24/24 meetings (100%) 21/21 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year2021) Term in office as a director 2 years (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: He has served in positions such as Chief Executive Officer (CEO) of Deloitte Touche Tohmatsu LLC and Chairman of the Audit Committee of Toshiba Corporation, and he is currently active as a certified public accountant. We propose to appoint him as an outside director based on our conclusion that he will be able to significantly contribute to, among other matters, strengthening the effectiveness of both the decision-making and supervisory functions of the Board of Directors from a perspective independent from that of the management, leveraging his extensive experience, deep insight and high level of expertise. Although he has not previously been engaged in management of a company other than in his career as an outside director and outside audit & supervisory board member, we believe he will fulfill the duties of an outside director of Mizuho Financial Group appropriately due to the reasons stated above and his considerable expertise in finance and accounting as a certified public accountant. Candidate’s independence He satisfies the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. With respect to the relationship between him, as a certified public accountant, and the group, he has not received any money or proprietary benefit from the group. Activities on the Board of Directors and committees By leveraging his extensive experience, deep insight and high level of expertise in finance and accounting as a certified public accountant, he provides opinions and suggestions on various proposals from, among others, the viewpoint of financial impacts at the Board of the Directors Meeting. In addition, at the Audit Committee, he played an appropriate role in performing supervisory functions by, among other matters, leading discussions on internal controls over financial reporting and the desirable accounting audit that takes into account international trends. 26 Joined Nikko Securities Co., Ltd (current SMBC Nikko Securities Inc.) Joined Tohmatsu Awoki & Co. (current Deloitte Touche Tohmatsu LLC) Brief personal record April 1969 October 1971 February 1975 Registered as Certified Public Accountant January 1978 New York Office, Touche Ross September 1979 May 1983 June 2001 June 2004 London Office, Touche Ross Partner of Tohmatsu Awoki & Co. Managing Partner of Deloitte Touche Tohmatsu LLC, Tokyo Office Representative Partner and Managing Partner of Deloitte Touche Tohmatsu LLC, Tokyo Office Chief Executive Officer of Deloitte Touche Tohmatsu LLC Senior Advisor of Deloitte Touche Tohmatsu LLC (until May 2011) Audit & Supervisory Board Member of Kubota Corporation (until June 2015) Outside Director of Toshiba Corporation (until June 2019) Audit & Supervisory Board Member of Nippon Life Insurance Company (current) Member of the Board of Directors (Outside Director) of FG (current) Definitions: FG: Mizuho Financial Group, Inc. Status of major concurrent offices Audit & Supervisory Board Member of Nippon Life Insurance Company June 2007 November 2010 June 2011 September 2015 July 2016 June 2020 27 Candidate No. 4 Takashi Tsukioka Reappointment / Independent Outside Director May 15, 1951 (Age 71) Member of the Board of Directors Member of the Nominating Committee Member of the Compensation Committee Chairman of the Audit Committee Number of shares of Mizuho Financial Group’s common stock currently held: 577 shares Potential number of additional shares of common stock to be held: 1,370 shares The Board of Directors: The Nominating Committee: The Compensation Committee: The Audit Committee: 20/20 meetings (100%) 16/16 meetings (100%) 7/7 meetings (100%) 13/13 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021) 2 Term in office as a director 1 year (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: He has served as Representative Director President and Chief Executive Officer, and Chairman and Representative Director of Idemitsu Kosan Co.,Ltd. and President of Petroleum Association of Japan. We propose to appoint him as a candidate for outside director based on our conclusion that he will be able to significantly contribute to, among other matters, strengthening the effectiveness of both the decision-making and supervisory functions of the Board of Directors, from a perspective independent from that of the management, leveraging his deep insight that he has cultivated in Japan and overseas as a senior executive in the renewable energy field and his extensive knowledge and expertise pertaining to sustainability through, among other matters, renewable energy. Candidate’s independence He satisfies the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. Activities on the Board of Directors and committees By leveraging his extensive experience and deep insight in the energy field that he has cultivated in Japan and overseas, he provides opinions and suggestions on efforts to reform corporate culture and on human resource strategies at the Board of Directors Meeting. In addition, at the Audit Committee, as the Chairman, he played an appropriate role in performing of the supervisory functions by, among other matters, by monitoring the status of implementation of management plans and efforts to improve the level of governance. Brief personal record April 1975 July 2002 April 2005 June 2007 June 2008 June 2009 Joined Idemitsu Kosan Co.,Ltd. General Manager of Kobe Branch of Idemitsu Kosan Co.,Ltd. General Manager of Chubu Branch of Idemitsu Kosan Co.,Ltd. Executive Officer and General Manager of Supply & Logistics Department of Idemitsu Kosan Co.,Ltd. Managing Executive Officer and General Manager of Supply & Logistics Department of Idemitsu Kosan Co.,Ltd. Director and General Manager of Supply & Logistics Department of Idemitsu Kosan Co.,Ltd. 28 June 2010 April 2011 June 2012 June 2013 April 2018 June 2020 June 2021 Managing Director and Managing Executive Officer and General Manager of Corporate Planning Department of Idemitsu Kosan Co.,Ltd. Managing Director of Idemitsu Kosan Co.,Ltd. Executive Vice President and Representative Director of Idemitsu Kosan Co.,Ltd. Representative Director and Chief Executive Officer of Idemitsu Kosan Co.,Ltd. Chairman and Representative Director of Idemitsu Kosan Co.,Ltd. Special Advisor of Idemitsu Kosan Co.,Ltd. (current) Member of the Board of Directors (Outside Director) of FG (current) Definitions: FG: Mizuho Financial Group, Inc. Status of major concurrent office Special Advisor of Idemitsu Kosan Co.,Ltd. 29 Candidate No. 5 Masami Yamamoto Reappointment / Independent Outside Director January 11, 1954 (Age 68) Member of the Board of Directors Member of the Nominating Committee Chairman of the Compensation Committee Number of shares of Mizuho Financial Group’s common stock currently held: 11,470 shares Potential number of additional shares of common stock to be held: 4,586 shares The Board of Directors: The Nominating Committee: The Compensation Committee: 24/24 meetings (100%) 19/19 meetings (100%) 10/10 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021) Term in office as a director 3 years (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: After serving as the Representative Director, President and the Representative Director, Chairman of Fujitsu Limited, he is currently active as Director, Senior Advisor of this company. We propose to appoint him as an outside director based on our conclusion that he will be able to significantly contribute to, among other matters, strengthening the effectiveness of both the decision-making and supervisory functions of the Board of Directors, from a perspective independent from that of the management, leveraging his extensive experience as a senior executive of a global corporation and deep insight and expertise in the field of technology. Candidate’s independence He satisfies the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. The business relationship between Fujitsu Limited, where he serves as Director, Senior Advisor, and the group does not affect his independence, for reasons including that (i) the percentage of sales gained through the business with the group of the consolidated net sales of Fujitsu Limited, and (ii) the percentage of gross profits gained through the business with group companies of Fujitsu Limited of the consolidated gross profits of Mizuho Financial Group, are less than 1%, respectively. Activities on the Board of Directors and committees By leveraging his extensive experience as a senior executive and his deep insight and expertise in the field of technology, he provides opinions and suggestions on cyber security and human resource strategies at the Board of Directors Meeting. In addition, at the Compensation Committee, as the Chairman, he played an appropriate role in performing supervisory functions by, among other matters, leading discussions on further improving the transparency of the basis for determining variable compensation, including, among other matters, the embodiment of the compensation determining factors related to sustainability, from the perspective of providing appropriate incentives to directors and officers. 30 Brief personal record April 1976 June 2004 Joined Fujitsu Limited Executive Vice President, Personal Systems Business Group of Fujitsu Limited Corporate Vice President* of Fujitsu Limited Corporate Senior Vice President* of Fujitsu Limited June 2005 June 2007 January 2010 Corporate Senior Executive Vice President of Fujitsu Limited April 2010 June 2010 June 2015 June 2017 President of Fujitsu Limited Representative Director, President of Fujitsu Limited Representative Director, Chairman of Fujitsu Limited Director, Chairman of Fujitsu Limited Outside Director of JFE Holdings (current) Member of the Board of Directors (Outside Director) of FG (current) Director, Senior Advisor of Fujitsu Limited (current) June 2019 Definitions: FG: Mizuho Financial Group, Inc. * In June 2009 the official titles were changed from “Corporate Vice President” and “Corporate Senior Vice President” to “Corporate Executive Officer” and “Corporate Managing Executive Officer,” respectively. Status of major concurrent office Director, Senior Advisor of Fujitsu Limited Outside Director of JFE Holdings, Inc. 31 Candidate No. 6 Izumi Kobayashi Reappointment / Independent Outside Director January 18, 1959 (Age 63) Member of the Board of Directors Chairman of the Board of Directors Member of the Nominating Committee Member of the Risk Committee Number of shares of Mizuho Financial Group’s common stock currently held: 4,191 shares Potential number of additional shares of common stock to be held: 5,827 shares The Board of Directors: The Nominating Committee: The Risk Committee: 24/24 meetings (100%) 19/19 meetings (100%) 9/9 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021) Term in office as a director 5 years (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: She has served as President and Representative Director of Merrill Lynch Japan Securities Co., Ltd., and Executive Vice President of the Multilateral Investment Guarantee Agency of the World Bank Group. We propose to appoint her as an outside director based on our conclusion that she will be able to significantly contribute to, among other matters, strengthening the effectiveness of both the decision-making and supervisory functions of the Board of Directors, from a perspective independent from that of the management, leveraging her extensive experience and deep insight that she has cultivated in Japan and overseas. Candidate’s independence She satisfies the Independence Standards of Outside Directors of Mizuho Financial Group established by Mizuho Financial Group. Activities on the Board of Directors and committees As the Chairman of the Board of Directors, by contributing to the separation of execution and supervision functions through appropriate management of meetings of the Board of Directors and leveraging her deep insight in the financial field and experience in managing an organization known for its diversity, she provides opinions and suggestions on, among other matters, the promotion of sustainability and diversity & inclusion, at the Board of Directors Meeting. In addition, at the Risk Committee, she played an appropriate role in performing supervisory functions by, among other matters, actively providing opinions from various perspectives. Brief personal record April 1981 June 1985 December 2001 July 2002 November 2008 July 2013 Joined Mitsubishi Chemical Industries, Ltd. (currently Mitsubishi Chemical Corporation) Joined Merrill Lynch Futures Japan Inc. President and Representative Director of Merrill Lynch Japan Securities Co., Ltd. (until November 2008) Outside Director, Osaka Securities Exchange Co., Ltd. Executive Vice President, the Multilateral Investment Guarantee Agency of the World Bank Group Outside Director of ANA Holdings Inc. (current) 32 November 2013 June 2014 July 2014 April 2015 June 2016 June 2017 June 2020 Outside Director of Suntory Holdings Limited (until March 2017) Outside Director of Mitsui & Co., Ltd. (current) Member of the Risk Committee of Mizuho Financial Group (as an outside expert who is not a director) (until June 2017) Vice Chairperson of Japan Association of Corporate Executives (until April 2019) Member of the Board of Governors of Japan Broadcasting Corporation (until June 2019) Member of the Board of Directors (Outside Director) of FG (current) Outside Director of OMRON Corporation (current) Definitions: FG: Mizuho Financial Group, Inc. Status of major concurrent offices Outside Director of ANA Holdings Inc. Outside Director of Mitsui & Co., Ltd. Outside Director of OMRON Corporation 33 Candidate No. 7 Seiji Imai Reappointment / Non-Executive Director June 25, 1962 (Age 59) Chairman (Kaicho), Member of the Board of Directors Number of shares of Mizuho Financial Group’s common stock currently held: 26,984 shares Potential number of additional shares of common stock to be held: 40,911 shares The Board of Directors: 20/20 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021)2 Term in office as a director 1 year (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: He is well-acquainted with the overall business, and has abundant business experience, having been engaged in corporate banking business (with large corporations), international business, investment banking business, business promotion and other matters as a member of the group since 1986. In addition, since he, among other matters, served as Deputy President & Senior Executive Officer (Representative Executive Officer) and the Head of Corporate & Institutional Company, he has abundant management experience. We have appointed him as a candidate for director because the utilization, as a member of the Board of Directors and from the standpoint of a director who does not concurrently serve as an executive officer, of his experience and expert knowledge is expected to strengthen the effectiveness of both the decision-making and supervisory functions of the Board of Directors. Brief personal record April 2014 April 2016 Executive Officer, General Manager of Seoul Branch of BK Managing Executive Officer, Head of Asia & Oceania excl. East Asia of FG Managing Executive Officer, Head of Asia & Oceania excl. East Asia of BK Senior Managing Executive Officer, Head of Global Corporate Company of FG (until April 2020) Deputy President & Executive Officer of BK Senior Managing Executive Officer, Head of Corporate & Institutional Company and Head of Global Products Unit of FG Deputy President & Senior Executive Officer, Head of Corporate & Institutional Company and Head of Global Corporate Company of FG (Member of the Board of Directors and Deputy President & Senior Executive Officer from June 2021) Chairman (Kaicho), Member of the Board of Directors (current) April 2018 April 2019 April 2020 April 2021 April 2022 Definitions: FG: Mizuho Financial Group, Inc. BK: Mizuho Bank, Ltd. Status of major concurrent office None34 Candidate No. 8 Hisaaki Hirama Reappointment / Internal Non-Executive Director December 26, 1962 (Age 59) Member of the Board of Directors Member of the Audit Committee Chairman of the Risk Committee Number of shares of Mizuho Financial Group’s common stock currently held: 21,531 shares Potential number of additional shares of common stock to be held: 14,216 shares The Board of Directors: The Audit Committee: The Risk Committee: 24/24 meetings (100%) 21/21 meetings (100%) 9/9 meetings (100%) Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021) Term in office as a director 3 years (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: He is well-acquainted with the overall business, and has abundant business experience, having been engaged in accounting, business promotion, internal audits and other matters as a member of the group since 1986. We have appointed him as a candidate for director because the utilization, as a member of the Board of Directors, of his experience and expert knowledge in his position, as a director who does not concurrently serve as an executive officer is expected to strengthen the effectiveness of both the decision-making and supervisory functions of the Board of Directors. He has considerable expert knowledge concerning finance and accounting, which he gained through his experiences and career as General Manager of Accounting Department of Mizuho Financial Group, General Manager of Accounting Department of Mizuho Bank, Ltd and Audit Committee member of Mizuho Financial Group. Brief personal record April 2014 April 2015 April 2017 April 2019 June 2019 Executive Officer, General Manager of Marunouchi-Chuo Branch Division No.1 of BK Executive Officer, General Manager of Nagoya Corporate Branch of BK Managing Executive Officer, Head of Internal Audit Group of BK Advisor to Audit Committee of FG Member of the Board of Directors of FG (current) Definitions: FG: Mizuho Financial Group, Inc. BK: Mizuho Bank, Ltd. Status of major concurrent office None 35 New appointment August 21, 1965 (Age 56) President & Group CEO (Representative Executive Officer) Number of shares of Mizuho Financial Group’s common stock currently held: 4,095 shares Potential number of additional shares of common stock to be held: 22,493 shares – Candidate No. 9 Masahiro Kihara Date of birth Current title and assignment at Mizuho Financial Group Number of Mizuho Financial Group shares held1 Attendance at meetings of the Board of Directors and committees (Fiscal year 2021) Term in office as a director – (as of the closing of this Ordinary General Meeting of Shareholders) Reason for appointment and summary of expected roles: He is well-acquainted with the overall business, and has abundant business experience, having been engaged in corporate planning, financial planning, risk management, investment banking business, markets business and other matters as a member of the group since 1989. We have appointed him as a candidate for director based on the role delegated to him as the head of business execution and because the utilization, as a member of the Board of Directors, of his experience and expert knowledge is expected to strengthen the effectiveness of both the decision-making and supervisory functions of the Board of Directors. Brief personal record April 2011 July 2013 January 2014 April 2017 April 2018 April 2019 April 2020 General Manager of Americas Department Risk Management Division of CB General Manager of Americas Department Risk Management Division of BK Project Manager, Risk Governance Enhancement Project Team of FG Executive Officer, General Manager of Risk Management Department of SC Executive Officer, General Manager of Financial Planning Department of SC Executive Officer, Joint Head of Financial Control & Accounting Group, and Joint Head of Global Finance of SC Managing Executive Officer, Deputy Head of Strategic Planning Group, and Deputy Head of Financial Control & Accounting Group of FG Managing Executive Officer, Head of Strategic Planning Group, Head of Financial Control & Accounting Group, In charge of Markets Strategic Intelligence Dept. until October 2020 and Head of Global Finance of SC

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