Investor Presentaiton

DS R&C JCIB GCB GCIB Global Markets AM/IS Key strategies (2) IS Our vision and business environment Global comprehensive service provider Remarkable growth in publicly offered equity investment trust Investment trusts under administration trends (domestic) *2 Private ○ CAGR Our vision Alternative Drives Industry AuA trend (global)*1 Alternative Other assets Public Business (US$tn) (\tn) +6% 121 +4% 109 88 +9% 166 109 Domestic (Industry-leading AuA and differentiated services) Became No. 1 in AuA by differentiating from competitors Trends in AuA No.1 in Japan environ- ment 84 10% 28 16 2020 2026e Mar 18 Mar 23 Mar 18 Mar 19 Mar 20 Mar 21 Mar 22 Mar 23 615xtn MUFG*3 Competitor A Global (Enhancing one-stop services) Expand products offered in one-stop service and areas offering the service to build a resilient earnings base Product lineup Fund admin. Fund finance One-stop services X Security lending, etc. Inorganic Contribute to development and expansion of AM industry overall by popularizing single party NAV calculation MUFG (Trustee) AM firms (consignors) Single party NAV calculation AM firms no longer need the system and personnel for NAV calculation, which results in new resource generation NAV calculation Document preparation collation Investment instructions NAV calculation Validation Dissemination of single party NAV calculation New AM firms, Invest resources for Investment Capabilities AM industry Lower entry barriers Area Front office Fund FX Establish a new base Custody Middle office X Improve efficiency through reorganization New resources Back office 80% Build a resilient earnings base Global IS expense ratio trend 69% 2017 2018 2019 2020 2021 2022 2023 2026e Existing AM firms Intensification of competition AuM Improve investment capabilities Lower costs New AM firms AuM Revitaliza- tion of IS industry *1: MUFG arranged the data made by Boston Consulting Group *2 Source: The investment trusts association *3 AuA in The Master Trust Bank of Japan ● MUFG 46

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