Investor Presentaiton

NOMURA 2 Simplification of Corporate structure Consolidate Corporate functions (excluding Internal Audit) from 10 to 5, creating simpler organization to avoid duplication and enable speedy decision making ■Maintain independent check function while overhauling operating model Previous structure (Until April 2019) Finance Operations Risk Management Legal Compliance HR Corporate Communications Current structure and initiatives to date (From May 2019) Chief Financial Officer Chief Risk Officer Chief Compliance Officer Chief Strategy Officer Strategy Headquarters IT Chief Administrative Officer Internal Audit Internal Audit Consolidate middle office function previously spread across Finance, Operations and Risk Management in Global Middle Office (GMO) Currently consolidating Japan and some AEJ functions as APAC (Aiming to optimize organizational structure and create more efficient business model) Consolidate non-finance risk functions such as Legal, Compliance and Operational Risk in Legal, Compliance & Controls Overhaul regional governance framework by simplifying committee organizations in overseas regions Shift to entity-led management structure Consolidate Wholesale client-facing functions such as order execution reporting and account opening in Client Service Group Consolidate stocks data management handled by Operations in IT - - - - Examples of future initiatives Restructure GMO operations Optimize and organize transaction data for back and front offices Conduct P/L and risk verifications and optimize reporting operations Consolidate branch back office operations Standardize some back office operations handled by domestic branches Create shared service model Aims ✓ Create simpler organization ✓ Establish globally aligned organization/operating structure => Promote cross-regional growth strategy, and build infrastructure to pursue inorganic growth through alliances, etc. 14

View entire presentation