Investor Presentaiton

Expansion and deepening U.S. of capital market business Achievements to date ■ Promote integrated banking/securities and primary/secondary operations, under the leadership of CIB (Corporate & Investment Banking) Head Non-Japanese Issuer Banking Head of CIB LCM DCM ECM M&A Coverage Markets Bonds Stocks Derivatives Futures contracts Investor Initiatives towards further growth Ensure strategic allocation of corporate resources in the U.S., where Mizuho have advantage In addition to the IG areas, where Mizuho is already strong, pursue selective expansion in the Non-IG areas. Increase human resource mainly in priority sectors (TMT, IDI 3, healthcare and other.) Conceptual image of market fee pool (investment banking + derivatives) 4 IG DCM/LCM Fixed Income Derivatives ECM M&A League table 1 Gross Profits (Americas) 2 Approx. 1.4x Underwriting shares FY19 FY20 FY21 IG DCM 3.3% 3.4% 3.5% 9th 9th 8th Markets Non IG DCM/LCM Equity Derivatives Leverage Capstone Partners acquisition to capture the entire value chain of Non-IG/PE sponsor businesses Fund origination (capital raising) DCM/LCM ECM Non-IG 1.0% 1.4% 1.4% LCM/DCM 25th 17th 21st Banking FY19 FY20 FY21 A Capstone Partners Placement agent 5 MIZUHO Banking, Securities 1. Fee basis. Source: Dealogic 2. Management accounting basis. Gross Profits (USD). 3. Telecom, Media & Technology, Industrial & Diversified Industries. 4. Created by Mizuho based on Dealogic data. 5. Inviting on LP investors when raising capital for PE funds and other. MIZUHO 75

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