(Tentative translation)

Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks Minutes for the September 30, 2020 Meeting (by written resolution)

Mr. MATSUURA (MUFG Bank) announced that he would be leaving his position as the chair of the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks. Following this announcement, Mr. GODA (MUFG Bank) was elected as the new chair by the members of the Committee based on the Terms of Reference of the Committee.

(Reference) Terms of Reference of the Committee

3. Framework and Governance

(2) The Committee shall have a chair and vice-chair or multiple co-chairs. The chair (including co-chairs; the same shall apply hereinafter) and vice-chair shall be elected from within its members.

Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks

Attendance for the September 30, 2020 Meeting

(Members)

Chair MUFG Bank MATSUURA Taro

Vice Chair Nomura Securities NONOMURA Shigeru

Mizuho Bank KOBAYAKAWA Motomu

Sumitomo Banking Corporation ORIHARA Takashi

Bank of ARAI Tomoki

North Pacific Bank TAKAHASHI Kazuhiro

Deutsche Bank MORITA Shigeki

Daiwa Securities INADA Yuichiro

Goldman Sachs TAGUCHI Kengo

Morgan Stanley MUFG Securities EZUKA Takeshi

Japan Post Bank ICHIKAWA Tatsuo

The Norinchukin Bank CHIBA Yuji

Shinkin Central Bank TANAKA Hiroyuki

Nippon Life Insurance Company OKAMOTO Shinichi

Tokio Marine Holdings NIKKAWA Shinya

Daiwa Asset Management KOMIYA Tsutomu

Mitsubishi Corporation OKAWARA Makoto

Mitsui Fudosan TOGASHI Retsu

East Railway Company OONISHI Hidemaro

Mitsubishi UFJ Lease & Finance TOMINAGA Osamu

Nippon Telegraph and Telephone NAKAYAMA Kazuhiko Corporation

(Observers)

JBA TIBOR Administration SERA Yuichi International Swaps and Derivatives MORITA Tomoko Association Financial Law Board TOTSUKA Takaharu

(Attorney-at-Law) Financial Exchange SEO Ryosuke

Japan Securities Clearing Corporation KANEKO Takahiko

Japanese Bankers Association KOYAMA Hirotaka

Japan Securities Dealers Association MATSUNAGA Hideaki

Financial Services Agency AOSAKI Minoru

Bank of Japan INAMURA Yasunari

Bank of Japan CHIBA Makoto