【NEWS RELEASE】
January 31, 2024
SMBC Nikko Securities Inc.
The replacement of the Representative Directors and President & CEO

SMBC Nikko Securities Inc. today announces the replacement of the Representative Directors and President & CEO as follows.

1.

Change in Director (Effective as of January 31, 2024)
Name
Shuji Yoshioka

2.

New

Current

Director and Senior Managing Executive Officer

Senior Managing Executive Officer

Changes in Representative Directors (Effective as of April 1, 2024)
Name
Yasuyuki Kawasaki
Yuichiro Kondo
Shuji Yoshioka

New

Current

Advisor

Representative Director, ChairmanAdvisor

Representative Director, President & CEO

Representative Director, President & CEO

Director and Senior Managing Executive Officer* Director（Outside） Tokio Morita will be appointed Chair of the board as of April 1, 2024.

This translation is based on the press release in Japanese announced on January 31, 2024. The content of the translation may not be coincident with theoriginal.

Shuji Yoshioka
SMBC Nikko Securities Inc.
Representative Director, President & CEO

Date of Birth:

August 16, 1964

Education:

Graduated from Keio University with a Bachelor of Science and Technology 1988

Professional Experience:
April1988Nikko Securities Co., Ltd.

August2006

Nikko antfactory K.K.
*Present name: Ant Capital Partners Co., Ltd.

April

2010

Management Planning & Administration
Nikko Cordial Securities Inc.

July

2010

Co-General Manager, Management Planning & Administration

April

2011

Co-General Manager, Management Planning & Administration
SMBC Nikko Securities Inc.

March

2013

Deputy Head of Equity

March

2014

Executive Officer, Senior Deputy Head of Equity

September

2018

Executive Officer, Senior Deputy Head of Equity andSenior Deputy Head of Research (Equity Research)

March

2019

Executive Officer, Head of Wholesale Business Planning

March2020

Executive Officer, Head of Corporate Business,
Head of Wholesale Business Planning

March

2021

Managing Executive Officer

April

2021

Managing Executive Officer, Global Business Unit, Wholesale Business Unit
Sumitomo Mitsui Financial Group, Inc.
Managing Executive Officer, Deputy Head of Global Banking Unit,
Deputy Head of Wholesale Banking Unit
Sumitomo Mitsui Banking Corporation

March

2022

Managing Executive Officer, Global Business Unit, Wholesale Business Unit

2This translation is based on the press release in Japanese announced on January 31, 2024. The content of the translation may not be coincident with theoriginal.

Sumitomo Mitsui Financial Group, Inc.
Managing Executive Officer, Deputy Head of Global Banking Unit,
Deputy Head of Wholesale Banking Unit
Sumitomo Mitsui Banking Corporation
Managing Executive Officer, Senior Deputy Head of Global Business Planning
SMBC Nikko Securities Inc.
April

2022

Managing Executive Officer, Senior Deputy Head of Global Markets Unit
SMBC Nikko Securities Inc.

September

2022

Managing Executive Officer
Co-Head of Global Markets Unit and Co-Head of Equity
Managing Executive Officer, Deputy Head of Global Markets Business Unit
Sumitomo Mitsui Financial Group, Inc.

April

2023

Senior Managing Executive Officer, Head of Planning Unit,
Head of Finance and Head of Business Strategy & Development
Managing Executive Officer, Group Deputy CFO and Group Deputy CSO
Sumitomo Mitsui Financial Group, Inc.

January2024

Director and Senior Managing Executive Officer, Head of Planning Unit,
Head of Finance and Head of Business Strategy & Development
Managing Executive Officer, Group Deputy CFO and Group Deputy CSO
Sumitomo Mitsui Financial Group, Inc.

April

2024

Representative Director, President & CEO

3

This translation is based on the press release in Japanese announced on January 31, 2024. The content of the translation may not be coincident with theoriginal.