Daiwa Securities Group Inc. announced the change of directors and executive officers as follows. New Appointment (As of April 1, 2024): Chairman of the Board - Seiji Nakata (Currently: Member of the Board and Representative Corporate Executive Officer, President). Member of the Board: Takashi Hibino (Currently: Chairman of the Board).

Representative Corporate Executive Officer, President: Akihiko Ogino (Currently: Member of the Board and Deputy President). Chairman of the Board: Seiji Nakata (Currently: Member of the Board and Representative Corporate Executive Officer, President). Retirement (As of March 31, 2024): Chairman of the Board - Takashi Hibino.

Date of Birth of Akihiko Ogino is January 28, 1966. Education: Graduated from Faculty of Science and Engineering of Waseda University. Biography: Apr.

1989 Joined the Company; Oct. 2008 Managing Director of the Executive Office of the Company; Apr. 2010 Managing Director of the Corporate Planning Department of the Company; Apr.

2014 Senior Managing Director, Head of Legal and Deputy Head of Planning of the Company, Senior Managing Director of Daiwa Securities Co. Ltd.; Apr. 2015 Head of Legal and Deputy Head of Planning and Overseas Operations of the Company; Apr.

2017 Executive Managing Director, Head of Legal and Deputy Head of Planning of the Company, Executive Managing Director of Daiwa Securities Co. Ltd.; Apr. 2019 Senior Executive Managing Director, Head of Planning and Legal, and Executive Head of Human Resources of the Company, Member of the Board and Senior Executive Managing Director of Daiwa Securities Co.

Ltd.; June 2020 Member of the Board and Senior Executive Managing Director of the Company; Apr. 2022 Member of the Board, Corporate Executive Officer, Deputy President and Executive Head of Corporate Planning and Human Resources of the Company, Representative Director and Deputy President of Daiwa Securities Co. Ltd.