Announcement of Subsidiary’s Release

TOKYO, October 15, 2021 – Monex Asset Management, Inc., a wholly owned subsidiary of Monex
Group, Inc., issued the following press release today.
Attachment: Monex Asset Management, Inc. press release
Sony Bank Introduce ON COMPASS+, a discretionary investment management service offered byMonex Asset Management- Broad-minded to begin sales as the first bank agent/financial products broker -Contact: Akiko Kato
Corporate Communications OfficeMonex Group, Inc.
+81-3-4323-8698
Yuki Nakano, Minaka Aihara
Investor Relations, Financial Control Dept.
Monex Group, Inc.
+81-3-4323-8698
This material was made as a matter of record only and does not constitute an offer to sell or to solicit an offer to buy
securities in the U.S.

Press Release
October 15, 2021
Sony Bank Incorporated
Monex Asset Management, Inc.
Broad-minded Co., Ltd.

Sony Bank Introduce ON COMPASS+,a discretionary investment management service
offered by Monex Asset Management～Broad-minded to begin sales as the first bank agent/financial products broker～
Sony Bank Incorporated (President and CEO, Representative Director: Keiji Minami / headquarters: Tokyo Chiyodaku/ hereinafter, Sony Bank) and Monex Asset Management, Inc. (CEO: Tomoshige Nakamura / headquarters: TokyoMinato-ku/ hereinafter, Monex Asset Management) will begin offering from October 15th ON COMPASS+, adiscretionary investment management service that uses a goal-based approach to meet the growing customer needfor life-planning-oriented financial consulting services that encompass asset formation and asset management.
Monex Asset Management will provide the discretionary investment management service ON COMPASS+, SonyBank as an online-based bank will manage customer funds through asset management accounts, and Broad-minded
Co., Ltd. (Representative Director and President: Kiyoshi Ito / headquarters: Tokyo / hereinafter, Broad-minded) will
have advisors (IFA*) offer customers in-person assistance providing information and other detailed support.
*IFA ( Independent Financial Advisor) is a professional who works independently from any financial institution tooffer customers asset management advice from a neutral position.
Background / Goals
On June 7, 2021, Sony Bank and Monex Asset Management announced that they were in discussions to offer a
discretionary investment management service through bank agent/financial products brokers. With the participationof Broad-minded as a bank agent/financial products broker, the three companies have created a system to offer
customers discretionary investment management services.
With the retail financial industry in a period of transition, Sony Bank, Monex Asset Management and Broad-minded
are pleased to work together to offer asset formation and management services in an era where life expectancy isreaching 100 years.
About ON COMPASS+ services
Broad-minded advisors will formulate asset management plans using a life-planning goal-based approach andthrough the discretionary investment management service ON COMPASS+, will support customers achieve theirlong-term asset goals.
Monex Asset Management will manage customers’ funds in accordance with the discretionary investment contract

Press Releaseand provide financial engineering-based, globally diversified investments at low cost. In addition, Broad-mindedadvisors will operate an exclusive consulting screen used for consulting and asset management support. As the asset
management bank, Sony Bank will hold the discretionary investment funds in its bank accounts. By linking thediscretionary investment funds to a bank account, customers will be easily able to access other Sony Bank products
and services, such as housing loans, foreign currency deposits and multi-currency debit cards.
Key Features of ON COMPMASS+1.

Personalized Asset Management
The service proposes the asset management plan that best fit individual customers in line with their purpose
and preferences on how they manage their assets. Because of the flexibility, for example, a plan can be basedon regular fund accumulation or allow customers to withdraw funds while managing funds, the service caters
to any customer demographic, whether it be the generation focused on building assets or the retireegeneration.

2.

Assets Managed by Professionals
Once the customer’s plans are established, Monex Asset Management takes care of the actual managementof the funds. There is no need for customers to be involved in trades or daily maintenance. Customers’ funds
are invested in domestic and foreign exchange traded funds (ETFs) through the designated mutual funds.
This allows diversified investments in 120 countries around the world and in approximately 62,000 stocks,
mitigating risks while stabilizing performance.

3.

Person-to-Person Support
When it comes to consultation and follow-ups for asset management planning, professionals are there to help
customers with their concerns and issues, meeting to consult with them in person over the designated online
services offered by Monex Asset Management.

4.

Low Cost Offering
Customers can expect a high level of convenience and a low level of fees, annual rate 1.6575% (includingtax), thanks to the power of digital capabilities employed in the service’s administration process andcommunications offered through the customer’s “My Page”.

Company Profiles
Sony Bank Incorporated（https://sonybank.net/）
Representative:
Keiji Minami, President and CEO, Representative Director
Headquarters:
2-1-6 Uchisaiwaicho, Chiyoda-ku, Tokyo
Establishment:
April 2001
Capital:38.5 billion yen
Business description:
Banking (yen and foreign currency deposits, housing loans, investment trusts, debit
cards, investment crowdfunding, etc.)

Press ReleaseMonex Asset Management, Inc.（https://www.monex-am.co.jp/）
Representative:
Headquarters:
Establishment:
Capital:Business description:

Tomoshige Nakamura, CEO
Ark Mori Building, 26th Floor, 1-12-32 Akasaka, Minato-ku, Tokyo
August 2015
1.4 billion yen
Discretionary investment management services for individuals, designing andmanaging publicly offered investment trusts for individual investors, designing andmanaging private equity investment trusts

Broad-minded Co., Ltd.（https://www.b-minded.com/）
Representative:
Kiyoshi Ito, Representative Director and President
Headquarters:
JR Ebisu Building, 7th floor, 1-5-5 Ebisu, Shibuya-ku, Tokyo
Establishment:
January 2002
Capital:557,651,000 yen
Business description:
Financial partner operations (financial consulting for individuals and companies), life
insurance, non-life insurance, small-amount and short-term insurance agency
operations, housing loan agent, financial products broker, director of Kanto Local
Finance Bureau Article 424 (financial instruments intermediary firm), director of
Kanto Local Finance Bureau Article 281 (banking broker), management consulting