Nomura : Appointed as Chair of Newly Established "GX Business Working Group" to Build a Framework and Promote Evaluation and Disclosure on Climate-related Opportunities by GX League

Tokyo, September 30, 2022 - Nomura Holdings, Inc., established the "GX Business Working Group" in collaboration with 6 leading companies (Nomura Holdings, Inc. being the chair) and 73 member companies.

Towards FY2023's full operation of GX League¹, we will facilitate three functions together with more than 440 supporters of FY 2022 GX League. This working group is one of three GX League's function, discussion of market creation and rulemaking in the carbon-neutral society, which especially in 2022 aims to create public private collaboration mechanism in rulemaking.

For the realization of carbon neutral society, GX Business Working Group aims to establish an appropriate framework to evaluate Japanese companies' opportunity, their contribution to climate change. Through the discussion with leaders and members of the working group, we intend to develop a guideline and take initiative on climate-related opportunities by the end of FY2022.

In keeping with its aim to Drive Sustainability, Nomura is committed to helping resolve social issues and creating a more sustainable future. By supporting clients' sustainability initiatives and the transition to a decarbonized society, Nomura will continue to deliver high added value towards the creation of a truly prosperous society.

1 GX is an abbreviation for Green Transformation. It refers to the transformation of the whole socio-economic system as a country to realize both 2030 GHG emission reduction targets and industrial growth by perceiving related efforts as an opportunity for economic growth. Based on the "Basic Concept" released by Ministry of Economy, Trade and Industry on February 2022, GX League was launched as a mechanism for industry, government, academia and financial institution to create a group of ambitious companies that will discuss, demonstrate and establish a new market and socio-economic system to realize CN in 2050.

[Leaders] *Japanese Syllabary Order

Nomura Holdings, Inc. (chair)	Development Bank of Japan Inc.
DAIKIN INDUSTRIES, LTD.	Panasonic Holdings Corporation
Tokio Marine & Nichido Fire Insurance Co., Ltd.	SUMITOMO MITSUI TRUST BANK, LIMITED

[Members] *Japanese Syllabary Order

Asahi Kasei Corporation	OSAKA GAS CO., LTD.
AstraZeneca K.K.	ALL NEED Inc.
Azbil Corporation	OMRON Corporation
Idemitsu Kosan Co., Ltd.	Owari Rikuun Co., Ltd.
ITOCHU Corporation	Carbon Free Consulting Corporation
EY Strategy and Consulting Co., Ltd.	Rating and Investment Information, Inc.
Iwatani Corporation	Laboratory of Quality of Life management
AGC Inc.	Green Carbon Inc.
NTN corporation	Kurita Water Industries Ltd.
ENEOS Corporation	Globe-ing Inc.
MS&AD Insurance Group Holdings, Inc.	Circular In-finity
Sustech, Inc.	Nikko Asset Management
Shimadzu Corporation	NISSIN FOODS HOLDINGS CO., LTD.
SHOWA DENKO K.K.	NIPPON SHOKUBAI CO., LTD.
SUZUKI MOTOR CORPORATION	NYK Line
Smart Eco Energy Corporation	Association of Management Consultants In Japan
Sumitomo Corporation	Japan Airlines Co., Ltd.
Sumitomo Forestry Co., Ltd.	PIONEER CORPORATION
Sompo Japan Insurance Inc.	HARITA METAL Co., Ltd.
Taisei Corporation	BASF Japan Ltd.,
Daiseki Co., Ltd.	Hitachi, Ltd.
TAKEEI CORPORATION	People, Dreams & Technologies Group Co., Ltd.
CHANGE THE WORLD Inc.	BIPROGY Inc.
CHUBU STEEL PLATE CO., LTD.	FUKUSHIMA GALILEI CO., LTD.
Chubu Electric Power Company, Incorporated	Fujikura Ltd.
TEIJIN LIMITED	Future Corporation
TEIJIN FRONTIER CO., LTD.	Mizuho Financial Group, Inc.
Deloitte Tohmatsu Group	Mitsui Chemicals, Inc.
DENTSU INC.	Mitsui & Co., Ltd.
TOKYO GAS CO., LTD.	Mitsubishi Chemical Corporation
Tokyo Electric Power Company Holdings, Inc.	Mitsubishi Heavy Industries, Ltd.
Toyo Seikan Group Holdings, Ltd.	Mitsubishi Corporation
Toray Industries, Inc.	Hair Clinic Reve-21 Co., Ltd.
TOZAKI INDUSTRY CORPORATION	YASKAWA Electric Corporation
Dream Incubator Inc.	Rakuten Group, Inc.
West Japan Railway Company	LIXIL Corporation
JGC Holdings Corporation

Nomura

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.