Investor Presentaiton

Financial impact from Russia FY 3/22: Total negative im pact was approx. JPY 100 bn, incl. forward-looking reserves and impairments. FY 3/23: Potentially volatile depending on the situation in Russia. FY 3/22 Net operating profit JPY (47) bn Impairment of aircraft (leased to Russian airlines) 52% of NBV of aircraft (after net guarantee deposits, etc.) JPY (82) bn After considering tax and ownership ratio (66%) JPY (47) bn Credit cost JPY 75 bn FY 3/23 Absorb losses with forward-looking reserves and impairment implemented in FY3/22 • Upside and downside volatility remains Upside ✓ Reversal from forward-looking provisions and no further downgrades from exposure in Russia Early receipt of the insurance in SMBCAC Approx. 30% of exposure to Russian borrowers o/w forward-looking provisions Bottom-line profit *1 After considering tax and ownership ratio Downside ✓ Additional impairment for aircraft JPY 40 bn (max. USD 460 mn*1) ✓ Additional credit cost JPY (100) bn ✓ Expropriation of Russian local subsidiary Copyright ©2022 Sumitomo Mitsui Financial Group. All Rights Reserved. 6

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