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Investor Presentaiton

Expenses (Billion yen) 2022/3 2023/3 Change % Change Total expenses 22.1 21.3 (0.8) Personnel expenses 12.5 12.1 (0.4) (3.6%) (3.4%) Non-personnel expenses 8.2 7.8 (0.4) (4.0%) Taxes 1.4 1.3 (0.1) (2.7%) Trend in Expenses and Overhead Ratio (OHR) GN TOCHIGI BANK TOCH Expenses are declining due to reduction, streamlining, and concentration of business operations in branch offices, and office network restructuring. Expenses in the fiscal year ended March 31, 2023 fell to 21.3 billion yen, and OHR (based on gross operating profit) decreased by 2.0 percentage points year on year. The number of branch locations as of March 31, 2023 was 75, under the Branch-in-Branch (BinB) method. Number of Employees and Branch Offices Taxes Personnel expenses (Billion yen) 40.0 86.2 82.0 79.5 74.8 72.8 Non-personnel expenses Employees Branch offices -Branch locations ⚫OHR (%) 100 (Persons) 3,000 (Locations) 100 91 88 86 86 86 189 30.0 24.2 23.7 22.6 22.1 21.3 75 2,400 75 85 60 80 81 75 75 1,800 1,601 60 1,565 1,540 60 50 1,478 1,402 50 20.0 13.7 13.3 12.8 12.5 12.1 10.0 8.9 8.8 8.3 8.2 7.8 1.5 0.0 1.5 1.4 1.4 1.3 2019/3 2020/3 2021/3 2022/3 2023/3 1,200 25 600 40 40 20 20 0 0 2019/3 2020/3 2021/3 2022/3 2023/3 Note: OHR (%) = Expenses ÷ Gross operating profit (excluding gains (losses) on the sale of bonds and from cancellation of investment trusts) 10 10
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