May 14, 2024

Mizuho Financial Group, Inc.

Underwriting of third-party allotment shares for Mizuho Leasing

Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) announces that it intends to acquire 8,860,500 shares of common stock to be issued on June 18, 2024 through third-party allotment by Mizuho Leasing Company, Limited (President & CEO: Akira Nakamura), an equity-method affiliate of Mizuho Financial Group.

■Number of shares held by Mizuho Financial Group and ratio after new issuance

Before new third-party

After new third-party

allotment1

allotment

Number of shares held

56,418,000 shares

65,278,500 shares

Ratio of total issued shares

23.0%

23.0%2

Notes

  1. As of May 14, 2024
  2. Calculated based on the total number of shares already issued by Mizuho Leasing (245,020,000 shares) plus the total number scheduled to be newly issued on June 18, 2024 (37,646,300 shares), resulting in a grand total number of issued shares of 282,666,300 shares

The Mizuho group has continually supported the growth of Mizuho Leasing through collaborative efforts with the leasing company, and by combining the functions of both parties we have successfully created new solutions that extend beyond the traditional boundaries of the leasing business, such as realizing the supply of renewable energy from one of Japan's largest-scalelow-voltage, distributed photovoltaic facilities.

The Mizuho group is committed to further expanding these kinds of initiatives and promoting ongoing collaboration with Mizuho Leasing through its expansive business network both in Japan and throughout the world, co-creating value that contributes to improving environmental and social sustainability.

■Mizuho Leasing Profile

(1)

Name

Mizuho Leasing Company, Limited

(2) Address

1-2-6 Toranomon, Minato-ku, Tokyo, Japan

(3)

Legal representative

Akira Nakamura, President & CEO

(4)

Principal business

General leasing (for equipment and other business assets)

(5)

Paid-in capital

26,088,030,000 yen

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Disclaimer

Mizuho Financial Group Inc. published this content on 14 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2024 07:25:02 UTC.