Investor Presentaiton

NOMURA 2 Transform business portfolio ■Scale-back international Fixed Income, digitize trading platform, shift towards origination business ■De-emphasize platform in EMEA, while increasing focus in growing geographies Shift towards Growing Areas Revenue mix Advisory 4% Primary 12% Solutions / Structured Origination businesses 19% Flow Financing 9% Market Outlook Focus on Growing Regions Cost mix AeJ 19% 20% Americas 45% 49% Secondary- 28% Equities Secondary related businesses EMEA 36% Secondary- Fixed Income 31% 28% Average 1 Target Average 1 Target 1. Average of FY15/16, FY16/17 and FY17/18, exclude some non-core business lines Pursue strategic growth opportunities in China, etc. ■ Collaborate with HNW business ■ Increased penetration with corporate clients ■ Grow Solutions business Simplified Flow Fixed Income ■ Focus on Primary and Solutions Market Outlook 6

View entire presentation