September 16, 2015
SMBC Nikko Securities Inc.

Organizational and Personnel Changes

SMBC Nikko Securities Inc. announces organizational and personnel changes as follows.
1. Organizational Changes (Effective as of September 16, 2015)(1) IPO Underwriting & Consulting, Investment Banking (Reorganized)
Investment Banking VIII Division is reorganized as Investment Banking IPO Division andInvestment Banking VIII Division.
Private Companies Osaka Section of Private Companies II Division is reorganized as Private
Companies Osaka Division.
(2) Investment Banking (Reorganized)
Investment Banking VIII Division is transferred from IPO Underwriting & Consulting,
Investment Banking.
(3) Mergers and Acquisitions (Reorganized)
The business of Mergers and Acquisitions IV Division and Mergers and Acquisitions V
Division are transferred to Investment Banking VIII Division and Mergers and Acquisitions I-III
Divisions, and Mergers and Acquisitions IV Division and Mergers and Acquisitions V Division
are abolished.
Mergers and Acquisitions VI Division is renamed Mergers and Acquisitions Osaka.

2. Change in Executive Officer (Effective as of September 16, 2015)(1) Change in Executive Responsibility[New] Executive Officer, Head of Investment Banking(Investment Banking IV, Investment Banking VI, Investment
Banking VII, Investment Banking VIII, Industrial Research)and General Manager of Investment Banking IV
Hideki Sakamoto[Current] Executive Officer, Head of Investment Banking(Investment Banking IV, Investment Banking VI, Investment
Banking VII, Industrial Research) and General Manager ofInvestment Banking IV

3. Personnel Changes (Effective as of September 16, 2015)[New] General Manager, Compensation & Benefit Planning
Masaaki Hirowatari[Current] Deputy General Manager, Wholesale BusinessPlanningThis material is an English translation of Japanese announcement made on September 16, 2015. Although the company intended tofaithfully translate the Japanese document into English, the accuracy and correctness of this translation are not guaranteed and thus you
are encouraged to refer to the original Japanese document.

[New] Deputy Head of Capital Markets Origination
Masataka Sampei[Current] Deputy Head of Institutional Business[New] Co-General Manager, Debt Capital Markets
Atsuhiro Fujii[Current] General Manager, Debt Capital Markets[New] Co-General Manager, Debt Capital Markets
Fumio Takamatsu[Current] General Manager, Debt Syndicate[New] General Manager, Debt Syndicate
Naoki Shindo[Current] Deputy General Manager of Credit & Non-YenRates and Section Manager of Credit Products[New] General Manager, Private Companies I

Takashi Kuwauchi[Current] Section Manager of Private Companies II, PrivateCompanies I Division[New] General Manager, Private Companies IIAtsushi Watanabe[Current] General Manager, Private Companies I[New] General Manager, Private Companies Osaka
Masayuki Matsuoka[Current] Deputy General Manager of Private Companies Iand Section Manager of Private Companies I[New] General Manager, Investment Banking IPO

Mikio Tokusashi[Current] General Manager, Private Companies II[New] General Manager, Mergers and Acquisitions Osaka
Hidetomo Katsuki[Current] General Manager, Mergers and Acquisitions VI###2