Shinsei Bank : Notice of the Establishment of the Record Date Pertaining to the Convocation of the Extraordinary General Meeting of Shareholders

N E W S R E L E A S E

For Immediate Release

Company Name: Shinsei Bank, Limited

Name of Representative: Hideyuki Kudo

President and CEO

(Code: 8303, TSE First Section)

Notice of the Establishment of the Record Date Pertaining to the Convocation

of the Extraordinary General Meeting of Shareholders

Tokyo (December 3, 2021) --- Shinsei Bank, Limited hereby announces that the Board of Directors resolved today that it has determined the establishment of the record date for the convocation of the extraordinary general meeting of shareholders as follows:

Notice

As described in the "(Revision to Existing Notice) Notice regarding Change of Opinion for TOB (Neutral) and Cancellation of Extraordinary General Meeting of Shareholders" announced on November 24, 2021, after the expiration of the offer period of the TOB for the Bank's shares that is currently being conducted by SBI Regional Bank Holdings Co., Ltd. (the "Bidder"), in order to nominate candidates of independent external directors through transparent and objective process, Shinsei Bank will establish an Independent External Directors Nomination Committee proposed by SBI Holdings, Inc. ("SBIHD"), the parent company of the Bidder, and nominate the candidates of independent external directors, as well as having necessary internal process to review Messrs. Katsuya Kawashima, Hirofumi Gomi and Katsumi Hatao as candidates of new Directors, whom SBIHD recommends to the Bank, while we respect SBIHD's recommendation of such three director candidates, and Shinsei Bank plans to hold an extraordinary general meeting of shareholders around early February 2022 in order to elect such candidates as new Directors. In preparation for this, the Bank has set December 21, 2021 (Tue) as the record date, and the shareholders whose names are stated or recorded in the last shareholder register as of such record date shall be entitled to exercise their voting rights at the extraordinary general meeting of shareholders. The details of the date and time and the place of the extraordinary general meeting of shareholders will be held and its proposals will be announced as soon as they are decided at the meeting of the Board of Directors to be held in the future.

(1)	Record date:	December 21, 2021 (Tue)
(2)	Date of public notice:	December 6, 2021 (Mon)

1. Method of public notice: Electronic public notice (A public notice will be posted on the Bank's website.)

(https://www.shinseibank.com/corporate/ir/announcement/index.html)

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Shinsei Bank is a leading diversified Japanese financial institution providing a various range of financial products and services to both institutional and individual customers. The Bank has a network of outlets throughout Japan

and is committed in its pursuit of uncompromising levels of integrity and transparency in all of its activities in order to earn the trust of its customers, staff, and shareholders. The Bank is committed to delivering long-term profit growth and increasing value for all its stakeholders. News and other information about Shinsei Bank is available at https://www.shinseibank.com/corporate/en/index.html

For further information, please contact:

Group Investor Relations & Corporate Communications Division

Shinsei Bank, Limited (www.shinseibank.com)

[e-mail](Inquiries for the media)

[e-mail](Inquiries for investor and shareholder relations)