Please note that the following is an unofficial English translation of the Notice of Resolutions of the 16th Ordinary
General Meeting of Shareholders, original text written in Japanese, of Nomura Real Estate Holdings, Inc. The Company
provides this translation for reference and convenience purposes only and without any warranty as to its accuracy or any
other matter related to the translation of this notice. In the event of any discrepancy between this translation and theJapanese original, the latter shall prevail.

To: Shareholders(Code: 3231)
June 23, 2020
Eiji Kutsukake
President and Representative DirectorNomura Real Estate Holdings, Inc.
1-26-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo
JAPAN

Notice of Resolutions of the 16th Ordinary General Meeting of Shareholders
Dear Shareholder:
We are pleased to announce that the following matters were reported and resolved at the 16th
Ordinary General Meeting of Shareholders held today.
Reported Matters:
The Business Report, Consolidated Financial Statements, and Non-Consolidated Financial
Statements for the 16th term (from April 1, 2019 to March 31, 2020); and Report on Auditing
Results of the Consolidated Financial Statements by the Accounting Auditor and the Audit &Supervisory Committee.
The matters mentioned above were reported.
Resolved Matters:
Proposal No. 1: Partial Amendments to the Articles of Incorporation
The proposal was approved as originally proposed.
Proposal No. 2: Election of Seven (7) Directors (Excluding Directors as Audit & Supervisory
Committee Members)
The proposal was approved as originally proposed.
Seven (7) Directors (Excluding Directors as Audit & Supervisory Committee Members),
Atsushi Yoshikawa, Eiji Kutsukake, Seiichi Miyajima, Toshiaki Seki, Makoto Haga, Tetsuro
Higashi, and Shoichi Nagamatsu, were elected and assumed their positions.
For your information, Tetsuro Higashi is an External Director.
Proposal No. 3: Election of One (1) Director as Audit & Supervisory Committee Member
The proposal was approved as originally proposed.
One (1) Director serving on the Audit & Supervisory Committee, Tetsu Takahashi, waselected and assumed his position.
For your information, Tetsu Takahashi is an External Director.
Proposal No. 4: Revision of Amounts of Remuneration, etc. for Directors as Audit &Supervisory Committee Members
The proposal was approved as originally proposed.

The Representative Directors were elected at the Board of Directors’ meeting held after theOrdinary General Meeting of Shareholders, and each of them assumed their positions as follows.
Chair and Director

Atsushi Yoshikawa

President and Representative Director

Eiji Kutsukake

Executive Vice President and Representative Director

Seiichi Miyajima

Executive Vice President and Representative Director

Toshiaki Seki

Director

Makoto Haga

Director

Tetsuro Higashi

Director

Shoichi Nagamatsu

Director (Audit and Supervisory Committee Member)

Takao Orihara

Director (Audit and Supervisory Committee Member)

Yasushi Takayama

Director (Audit and Supervisory Committee Member)Akira Ono

Director (Audit and Supervisory Committee Member)

Yoshio Mogi

Director (Audit and Supervisory Committee Member)

Akiko Miyakawa

Director (Audit and Supervisory Committee Member)

Tetsu Takahashi(Note) Tetsuro Higashi, Akira Ono, Yoshio Mogi, Akiko Miyakawa and Tetsu Takahashi areExternal Directors.