DIRECTORS and EXECUTIVES As of December 1, 2013

SHINSEI BANK, LIMITED Interim Report 2013

DIRECTORS AND EXECUTIVES As of December 1, 2013

BOARD OF DIRECTORS (6)

Shigeki Toma Representative Director, President

Yukio Nakamura Representative Director, Deputy President Data Section Review of Operations Overview of the Second MTMP Message from Management Financial Highlights J. Christopher Flowers* Managing Director and Chief Executive Ofﬁ cer, J. C. Flowers & Co. LLC Ernest M. Higa* Chairman and Chief Executive Ofﬁ cer, Higa Industries Co., Ltd. Shigeru Kani* Former Director, Administration Department, The Bank of Japan, and Professor, Yokohama College of Commerce Jun Makihara* Chairman of the Board, Neoteny Co., Ltd.

*Outside Directors

AUDIT & SUPERVISORY BOARD MEMBERS (3)

Shinya Nagata Audit & Supervisory Board Member Kozue Shiga* Lawyer Tatsuya Tamura* Former Executive Director, The Bank of Japan, and President, Global Management Institute Inc.

*Outside Audit & Supervisory Board Members

EXECUTIVE OFFICERS (22)

Shigeki Toma Representative Director, President and Chief Executive Offi cer Yukio Nakamura Representative Director, Deputy President, Chief of Staff, Head of Corporate Staff Group, General Manager, Offi ce of Financing Facilitation Management Sanjeev Gupta Senior Managing Executive Offi cer, Head of Individual Group Michiyuki Okano Senior Managing Executive Offi cer, Group Chief Information Offi cer, Head of Banking Infrastructure Group Hitomi Sato Senior Managing Executive Offi cer, Head of Institutional Group, General Manager, VBI Promotion Division Shigeru Tsukamoto Senior Managing Executive Offi cer, Chief Financial Offi cer, Head of Finance Group, Head of Treasury Sub-Group Norio Funayama Managing Executive Offi cer, Executive Offi cer in charge of Institutional Business, General Manager, Osaka Branch Yoshiaki Kozano Managing Executive Offi cer, Head of Principal Transactions Sub-Group Hideyuki Kudo Managing Executive Offi cer, Chief Risk Offi cer, Head of Risk Management Group Toru Myochin Managing Executive Offi cer, Executive Offi cer in charge of Institutional Business, General Manager, Healthcare Finance Division Hironobu Satou Managing Executive Offi cer, Head of Global Markets Group Shinichirou Seto Managing Executive Offi cer, Executive Offi cer in charge of Institutional Business, Head of Institutional Business Sub-Group, General Manager, Institutional Business Division Management Structure Masashi Yamashita Managing Executive Offi cer, Deputy Head of Individual Group, Head of Consumer Finance Sub-Group Directors and Executives Akira Hirasawa Executive Offi cer, General Manager, Portfolio and Risk Management Division Yasunobu Kawazoe Executive Offi cer, General Manager, Institutional Credit Management Division Satoshi Koiso Executive Offi cer, General Manager, Corporate Planning Division Takahisa Komoda Executive Offi cer, General Manager, Human Resources Division Takako Masai Executive Offi cer, Head of Markets Research Department, Markets Sub-Group Yuji Matsuura Executive Offi cer, Head of Markets Sub-Group Nozomi Moue Executive Offi cer, General Manager, Structured Risk Management Division Masayuki Nankouin Executive Offi cer, Head of Financial Control and Accounting Sub-Group Eiji Shibazaki Executive Offi cer, Head of Financial Institutions Sub-Group

SENIOR ADVISOR (1) ADVISOR (1)

David Morgan Managing Director, Europe and Asia-Paciﬁ c, Yuji Tsushima J.C. Flowers & Co. UK Ltd 21 SHINSEI BANK, LIMITED Interim Report 2013

ORGANIZATION As of December 6, 2013

Customers

Corporate Planning Division (Research Department) Human Resources Division Investor Relations & Corporate Communications Division *3 Legal and Compliance Division Corporate Staff Group (Legal Department) (Financial Crime Information Department) Credit Assessment Division Financial Highlights General Services Division Operations Management Division (FATCA Management Department) Office of Financing Facilitation Management Institutional Business Sub-Group (Corporate Customer Service Department) Institutional Business Division Corporate Banking Business Division I (West Japan Business Department) Corporate Banking Business Division II Principal Transactions Sub-Group Corporate Banking Business Division III Internal Audit Division*2 (Credit Trading Department) Osaka Corporate Banking Business Division*8 (Private Equity Department) Public Sector Finance Division VBI Promotion Division Healthcare Finance Division Board of Chief Executive Institutional Directors Executive Committee Group (VBI Planning Department) (Structured Business Officer (Business Incubation Department) Promotion Department) (Overseas Business Promotion Department) Specialty Finance Division Corporate Advisory Division (Project Finance Department) (Mergers and Acquisitions Department (Cross-Border)) (Shipping Finance Department)

Message from Management Office of Corporate Secretary*1 (Mergers and Acquisitions Department) Corporate Support Division (Asset Solutions Department) Real Estate Finance Division Asset Backed Investments Division Real Estate Business Division Audit & Audit & Office of Business Management Division Sapporo, Sendai, Kanazawa, Nagoya, Audit & Supervisory Supervisory *4 Osaka, Hiroshima, Takamatsu and Fukuoka Board Members Board Supervisory Global Markets Business Management Division Board Members Markets Sub-Group

4 (Markets Research Department) * Trading Division Global Markets Group Markets Division (Osaka Business Department) Credit Products Division Financial Institutions Business Division Financial Institutions Sub-Group 8 Asset Management Sub-Group Osaka Financial Institutions Business Division* (Asset Management Business Promotion Department) (Asset Management Product Planning Department)

Overview of the Second MTMP Wealth Management Division Asset Management Products Division Consumer Finance Sub-Group (Consumer Finance Operations Control Department) Lake Business Division Individual Group (Application Service Center) (Customer Service Center) (Osaka Administration Management Center) (Customer Relationship Department) Retail Banking Sub-Group Customer Service Division (Customer Service Department) Customer Development Division Retail Sales and Distribution Division*5 Financial Centers*6 Review of Operations Retail Products Division (Estate Consulting Business Department) (Overseas Remittance Business Department) Loan Products Division *1 Office of Corporate Secretary shall act as the secretariat for the Board Retail Business Division of Directors and Executive Committee. Retail Human Resources Development Division *2 Internal Audit Division shall report not only to CEO but also to Audit & Channel Management Division Supervisory Board directly. *7 (Fukuoka Call Center) *3 Investor Relations & Corporate Communications Division shall report Portfolio and Risk Management Division to Head of Finance Group for Investor Relations matters. Market Risk Management Division Risk Institutional Credit Management Division *4 Business Management Division shall report to Head of Global Management Structured Risk Management Division Markets Group. Group Individual Pillar Risk Management Division Organization *5 Incl. Chiba Annex Risk Management Planning and Policy Division *6 Head Office, Sapporo, Sendai, Kanazawa, Omiya, Kashiwa, Operational Risk Management Division Tsudanuma, Tokyo, Ginza, Ikebukuro (incl. Kawaguchi Annex), Ueno, Financial Control and Accounting Sub-Group Management Structure Kichijoji, Shinjuku, Roppongi Hills (incl. Omotesando Hills Annex), 3 Business Controlling Division Hiroo, Futakotamagawa (incl. Jiyugaoka Annex), Hachioji, Machida, * (J-SOX Program Department) Yokohama (incl. Kawasaki Annex), Fujisawa (incl. Kamakura Annex), Finance Group Financial and Regulatory Accounting Division Nagoya, Kyoto, Umeda (incl. Takatsuki Annex, Senri-Chuo Annex, (IFRS Department) Nishinomiya-Kitaguchi Annex, and Hankyu-Umeda Annex), Namba Capital Markets and Treasury Product Control Division (incl. Sakai-Higashi Annex), Kobe (incl. Ashiya Annex), Hiroshima, Treasury Sub-Group Takamatsu, Fukuoka Treasury Funding Division *7 Channel Management Division shall report to Head of Banking ALM Division Infrastructure Group. 9 7 Information Systems Risk Management Division* *8 Osaka Corporate Banking Business Division and Osaka Financial Banking * Banking Infrastructure Planning Division Institutions Business Division shall report to GM of Osaka Branch. Infrastructure Information Systems Development Division *9 Information Systems Risk Management Division shall report to the Group Information Systems Operation Division Operations Services Division Data Section management.

22 SHINSEI BANK, LIMITED Interim Report 2013

SUMMARY OF MAJOR EVENTS

2000 March Launched as an innovative Japanese bank under new management and new ownership June Changed name from The Long-Term Credit Bank of Japan, Limited (LTCB), to Shinsei Bank, Limited

2001 May Commenced operations of Shinsei Securities Co., Ltd. Data Section Review of Operations Overview of the Second MTMP Message from Management Financial Highlights 2003 April Commenced operations of Shinsei Investment Management Co., Ltd. 2004 February Listed the Bank’s common shares on the First Section of the Tokyo Stock Exchange April Converted the Bank’s long-term credit bank charter to an ordinary bank charter May Achieved one million retail accounts September Acquired a controlling interest in APLUS Co., Ltd. 2005 March Acquired a controlling interest in Showa Leasing Co., Ltd. May Commenced operations of Shinsei International Limited 2006 July Commenced resolution of public funds 2007 April Achieved two million retail accounts December Acquired a controlling interest in SHINKI Co., Ltd. 2008 January Reached a mutual agreement with Seven Bank, Ltd. to share sales channels and develop products and services together February Completed a tender offer bid for the Bank’s common shares and a third-party allotment of new common shares of the Bank to the investor group led by J.C. Flowers & Co. LLC and affi liates September Acquired GE Consumer Finance Co., Ltd. (Changed company name to Shinsei Financial Co., Ltd. on April 1, 2009) 2009 January Launched Shinsei Step Up Program March Concluded tender offer for the shares of common stock of SHINKI Co., Ltd. June Opened fi rst Shinsei Consulting Spots Launched Two Weeks Maturity Deposit 2010 June Moved to a “Company with Board of Statutory Auditors” board model November Announced business alliance with YES BANK LIMITED in Japan-India cross-border M&A business 2011 January Commenced operations at new head offi ce (Nihonbashi Muromachi) March Issued new shares through international common share offering September Assisted The Daito Bank, Ltd. in arranging its fi rst syndicated loan October Commenced unsecured personal card loan service under the Lake brand 2012 March Established VBI Promotion Division in the Institutional Group April Added “Shinsei APLUS Gold Card” and “Shinsei APLUS Card” to credit card line-up Management Structure Summary of Major Events July Established venture fund targeting mobile entertainment companies with gumi Inc. September Balance of PowerSmart Home Mortgages exceeded one trillion yen October Invested in “Fukushima Growth Industry Development Fund” Issued Fourth Series of Unsecured Callable Subordinated Bonds November Provided non-recourse loan for construction of lodgings for post-earthquake reconstruction workers in Miyagi Prefecture

23 Management Structure 24 Data Section Summary of Major Events Review of Operations Overview of the Second MTMP Message from Management Financial Highlights 2013 October September August July June May April March January major conveniencestorechainssuchasLAWSONandFamilyMart Entered ATMpartnershipswith“VIEWALTTE”ATM,operatedbyEastJapanRailwayCompany,and Invested inPrivateFinanceInitiativePromotionofJapan(public-privateinfrastructurefund) business Participated inasyndicatedloantowoodbiomasspowergenerationandpelletmanufacturing Arranged projectfi Relocated theOsakaBranchinordertoenhancebusinessfunctions Research Institute,Inc. Initiated apilotprojectaimedatdiscoveringandnurturing“Innovators”incollaborationwithNomura Shinsei Bank’sfi Formed abusinessalliancewithCultureConvenienceClubCo.,Ltd.toawardTPointsusersof Formed ShinseiPrincipalInvestmentsGroup secured cardloanandcreditcustomers Changed ShinseiStepUpProgramtofurtherimproveconveniencefortheBankGroup’sun- Issued unsecuredcallablesubordinatedbondstoretailinvestorsinJapan sato towninIbarakiprefecture Arranged projectfi cal DevelopmenttopurchasehealthcarefacilitiesinJapan Provided non-recourseloanforspecialpurposecompanysetupbySingapore-basedHealthwayMedi- and providesupporttoearly-stagecompaniesinJapan’sInternetsector Established “FemtoGrowthCapitalInvestmentBusinessLimitedLiabilityPartnership”toinvestin workers’ propertyaccumulation( Stopped issuinglong-termcreditdebentures(publicsalesissues)andfor Syndicated projectfi Started underlying investmentassets privately placedrealestatefundforindividualinvestorswherehealthcarefacilitiesconstitutethe Participated inestablishmentof“TokuteiMokutekiGaishaHealthcareInfraFundKobe,”whichis Go RemitOverseasRemittanceService nancialservices nancingforamegasolarprojectinKoshimizu,ShariDistrict,HokkaidoPrefecture nancefortheconstructionoflarge-scalesolarpowerplantsinMitocityandShiro- nanceformegasolarprojectintheEasternareaofHokkaido Zaikei issue ) SHINSEI BANK,LIMITEDInterimReport2013