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Investor Presentaiton

Increase Retail client assets 3. Product strategy Enhance sales of low risk products Last year was recent high for sales of JGBs for individual investors (trillions of yen) 8 4 2 ااا 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 (fiscal year) New trend in low risk investment trusts (billions of yen) Nomura PIMCO World Income 150 Strategy Fund 100 50 0 201604 201607 (billions of yen) JPMorgan Best Income 41 123 3.0x 201610 201701 201704 145 150 Fund 2.7x 100 53 50 0 201604 201607 201610 201701 201704 NOMURA Client needs Uptick in inquiries on where to place funds following introduction of negative interest rates Demand for products to take the place of deposits Demand for products to build assets over the long term Our product strategy Strengthen sales of low risk products Focus on themes with growth potential for products to build clients' assets over the long term 11
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