*This translation is based on the original press release in Japanese. The content of the translation may not be coincident with the original press and mainly focuses on the appointment of executives and staff within divisions relevant to overseas business, e.g. Business Management Line, Global Markets Division, Global Investment Banking Division, Corporate Business Division, and Overseas Offices.

20th January 2023

Daiwa Securities Group Inc.

Retirement of Executive

Daiwa Securities SMBC Principal Investments Co. Ltd.

Directors (Members of the Board)

Retirement of Executive (as of 20th January 2023)

New

Name

Present

-

Hideki Araki

President, Member of the Board

Daiwa Securities Group Inc.

Daiwa Securities Group Inc.

Executive Managing Director

Executive Managing Director

Daiwa Investment Management Inc.

Daiwa Investment Management Inc.

Deputy President, Member of the Board

Deputy President, Member of the Board

END

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Daiwa Securities Group Inc. published this content on 20 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2023 07:10:07 UTC.