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March 22, 2021 , Inc.

Changes of Directors and Executive Officers

Mizuho Financial Group, Inc. hereby announces changes of Member of the Board of Directors and Executive Officers (including changes in their areas of responsibility, etc.) of the following entities within the Group :

Mizuho Financial Group, Inc. (MHFG) Mizuho , Ltd. (MHBK) Mizuho Trust & Banking Co., Ltd. (MHTB) Co., Ltd. (MHSC) Mizuho Research & Technologies, Ltd. (MHRT)

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Contents

Mizuho Financial Group, Inc. (MHFG) ...... 3

1. Changes of Member of the Board of Directors ...... 3

2. Changes of Executive Officers ...... 3

3. Directors and Executive Officers as of April 1, 2021 ...... 5

Mizuho Bank, Ltd. (MHBK) ...... 8

1. Changes of Directors and Executive Officers ...... 8

2. Directors and Executive Officers as of April 1, 2021 ...... 12

Mizuho Trust & Banking Co., Ltd. (MHTB) ...... 15

1. Changes of Directors and Executive Officers ...... 15

2. Directors and Executive Officers as of April 1, 2021 ...... 17

Mizuho Securities Co., Ltd. (MHSC) ...... 19

1. Changes of Directors and Executive Officers ...... 19

2. Directors and Executive Officers as of April 1, 2021 ...... 22

Mizuho Research & Technologies, Ltd. (MHRT)* ...... 24

1. Changes of Directors and Executive Officers ...... 24

2. Directors and Executive Officers as of April 1, 2021 ...... 26

* A core company formed through the merger of Mizuho Information & Research Institute, Inc. and Mizuho Research Institute Ltd. on April 1, 2021, to lead Mizuho’s non-financial business domains.

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Mizuho Financial Group, Inc. (MHFG)

1. Change of Member of the Board of Directors Member of the Board of Directors scheduled to resign (Effective as of April 1, 2021) Hiroaki Ehara (Currently Member of the Board of Directors

and Managing Executive Officer)

2. Changes of Executive Officers

Executive Officers in this section mean either executive officers as defined in the Companies Act or executive officers as defined in our internal regulations.

Name New Position (Effective as of April 1, 2021) Current Position

Deputy President & Senior Managing Senior Executive Head of Corporate & Head of Corporate & Executive Officer Seiji Imai Officer Institutional Company /Head of Institutional Company / Head of (Representative (Representative Global Corporate Company Global Products Unit Executive Officer) Executive Officer)

Masahiro Senior Managing Head of Retail & Business (same as on the

Otsuka (Note) Executive Officer Banking Company left)

Head of Global Products Unit / Deputy Head of Strategic Deputy Head of Corporate & Managing Managing Planning Group / Deputy Head Masahiro Kihara Institutional Company / Deputy Executive Officer Executive Officer of Financial Control & Head of Global Corporate Accounting Group Company

Head of Strategic Planning Managing Head of Strategic Planning Managing Naoshi Inomata Group / In Charge of Specially Executive Officer Group Executive Officer Assigned Matters

Head of Human Resources Nobuhiro Managing General Manager of Corporate Group / General Manager of Executive Officer Kaminoyama Executive Officer Secretariat Corporate Secretariat

In Charge of Specific Daisuke Managing Business, Retail & Business - Horiuchi Executive Officer Banking Company

In Charge of Specific Business Managing Shuji Matsuura CEO for the Americas Executive Officer of Corporate & Institutional Executive Officer Company

Managing CEO for Asia & Oceania excl. Yasuhiro - Executive Officer East Asia

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Name New Position (Effective as of April 1, 2021) Current Position

Deputy Head of Research & Masato Managing Consulting Unit / In Charge of Managing Joint Head of Global Products Tsuruoka Executive Officer Specific Business, Global Executive Officer Unit for Cross-entity Strategy Products Unit

Managing Deputy Head of Strategic Joint Head of Compliance Itaru Shirakawa Executive Officer Executive Officer Planning Group Group for Cross-entity Strategy

In Charge of Specific Mitsuhiro Managing In Charge of Specific Business Business, Strategic Planning Executive Officer Kanazawa Executive Officer of Strategic Planning Group Group

Managing Deputy Head of Human Deputy Head of Human Satoshi Asai Executive Officer Executive Officer Resources Group Resources Group

Tsutomu Deputy Head of Global Executive Officer - Yamamoto Products Unit

In Charge of Specific Norifumi Executive Officer Business, Global Products - Akiyama Unit

To be Deputy President & Executive Officer Managing Head of Human Resources Hiroaki Ehara Reassigned (Representative Director) Executive Officer Group of MHTB

Kazuyuki To be Deputy President & Managing In Charge of Specific Business Reassigned Akiyama Executive Officer of MHTB Executive Officer of Research & Consulting Unit

Head of Global Corporate Hiroshi Senior Managing Resigned Company / Deputy Head of Nagamine Executive Officer Global Products Unit

Senior Managing Teiji Teramoto Resigned Head of the Americas Executive Officer

Managing Head of Asia & Oceania excl. Hidekatsu Take Resigned Executive Officer East Asia

In Charge of Specific Business Hiroki Tominaga Resigned Executive Officer of Retail & Business Banking Company

(Note) Mr. Masahiro Otsuka will remain Senior Managing Executive Officer of Mizuho Financial Group, Inc. due to the change of announcement on February 19, 2021.

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3. Directors and Executive Officers as of April 1, 2021

Members of the Board of Directors and Executive Officers as Defined in the Companies Act

Members of the Board of Directors, President & Group CEO Tatsufumi Sakai President & Group CEO (Representative Executive Officer)

Members of the Board of Directors, Chief Digital Innovation Officer / Head of IT & Systems Group / Senior Managing Executive Officer Satoshi Ishii Head of Operations Group (Representative Executive Officer)

Members of the Board of Directors, Makoto Umemiya Head of Financial Control & Accounting Group

Senior Managing Executive Officer Motomori Wakabayashi Head of Risk Management Group

Chairman (Kaicho) Sato engages in the company’s external

Members of the Board of Directors, activities, but does not chair the Board meetings. The Board Yasuhiro Sato Chairman (Kaicho) meetings are chaired by the independent director chair Izumi Kobayashi.

Member of the Audit Committee Members of the Board of Directors Hisaaki Hirama Chairman of the Risk Committee

Member of the Nominating Committee Tetsuo Seki Member of the Compensation Committee Chairman of the Audit Committee

Chairman of the Nominating Committee Tatsuo Kainaka Member of the Compensation Committee Member of the Audit Committee Members of the Board of Directors Yoshimitsu Kobayashi Member of the Nominating Committee (Outside Director) Ryoji Sato Member of the Audit Committee

Member of the Nominating Committee Masami Yamamoto Chairman of the Compensation Committee

Chairman of the Board of Directors Izumi Kobayashi Member of the Nominating Committee Member of the Risk Committee

Deputy President & Head of Corporate & Institutional Company / Senior Executive Officer Seiji Imai Head of Global Corporate Company (Representative Executive Officer)

Masahiro Otsuka Head of Retail & Business Banking Company Senior Managing Executive Officer Naofumi Fuke Co-Head of Retail & Business Banking Company

Managing Executive Officer Masatoshi Yoshihara Co-Head of Global Markets Company

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Yasuhiro Shibata Co-Head of Global Markets Company

Head of Asset Management Company / In Charge of Specific Masamichi Ishikawa Business, Strategic Planning Group

Head of Global Products Unit / Deputy Head of Corporate & Masahiro Kihara Institutional Company / Deputy Head of Global Corporate Company Managing Executive Officer Yasuhiko Ushikubo Head of Research & Consulting Unit

Naoshi Inomata Head of Strategic Planning Group

Head of Human Resources Group / General Manager of Nobuhiro Kaminoyama Corporate Secretariat

Masaomi Takada Head of Compliance Group

Hisashi Kikuchi Head of Internal Audit Group

Executive Officers as Defined in Our Internal Regulations

Deputy Chairman & Toshitsugu Okabe In Charge of Specially Assigned Matters Executive Officer

Goji Fujishiro In Charge of Western

In Charge of Specific Business, Retail & Business Banking Daisuke Horiuchi Company

Shuji Matsuura CEO for the Americas

Shinsuke Toda CEO for Europe, Middle East and Africa

Masayuki Sugawara CEO for East Asia

Yasuhiro Kubota CEO for Asia & Oceania excl. East Asia Managing Executive Officer Deputy Head of Research & Consulting Unit / In Charge of Masato Tsuruoka Specific Business, Global Products Unit

Itaru Shirakawa Deputy Head of Strategic Planning Group

Mitsuhiro Kanazawa In Charge of Specific Business, Strategic Planning Group

Satoshi Asai Deputy Head of Human Resources Group

Takeshi Katano Deputy Head of IT & Systems Group

Yasumasa Mukai In Charge of Specific Business, IT & Systems Group

In Charge of Specific Business, Retail & Business Banking Satoshi Company Executive Officer Tsutomu Yamamoto Deputy Head of Global Products Unit

Norifumi Akiyama In Charge of Specific Business, Global Products Unit

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Group Chief Information Security Officer / In Charge of Specific Tatsuhiro Takahashi Business, IT & Systems Group

In Charge of Specific Business, Operations Group / General Eishi Shimizu Manager of Operations Planning Department

General Manager of Corporate & Institutional Coordination Executive Officer Atsushi Ishisaka Department

Yutaka Nanjo General Manager of Strategic Planning Department

General Manager of Global Talent Planning and Management Makoto Matsubara Department

Nobuhisa Abe General Manager of Internal Audit Department

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Mizuho Bank, Ltd. (MHBK)

1. Changes of Directors and Executive Officers

Name New Position (Effective as of April 1, 2021) Current Position

Deputy President* In Charge of Corporate Managing In Charge of Corporate Masahiko Kato (Representative Banking / Head of Area Executive Officer Banking / Head of Area Director)

Head of Corporate & Deputy President* Institutional Division / In Managing In Charge of Corporate Masaki Seki (Representative Charge of Corporate Executive Officer Banking Director) Banking

In Charge of Western Japan Deputy President & Senior Managing Goji Fujishiro / In Charge of Corporate In Charge of Western Japan Executive Officer Executive Officer Banking / Head of Area

Head of Retail & Business Yukinobu Senior Managing Senior Managing Head of Retail & Business Banking Division / Head of Maruyama Executive Officer Executive Officer Banking Division Area

Deputy Head of Retail & Managing Executive Managing Toshiro Egawa Business Banking Division / Head of Area Officer Executive Officer Head of Area

In Charge of Specific Managing Executive Business, Retail & Business Daisuke Horiuchi Executive Officer Head of Area Officer Banking Division / Head of Area

Managing Executive In Charge of Corporate Managing Head of Asia & Oceania excl. Hidekatsu Take Officer Banking Executive Officer East Asia

In Charge of Corporate General Manager of Managing Executive Banking / General Manager Takumi Niwa Executive Officer Corporate Banking Officer of Corporate Banking Department No.12 Department No.12

Head of Global Corporate Managing Executive Masahiro Kihara Division / Head of Global - Officer Products Unit

Managing Executive Shuji Matsuura CEO for the Americas - Officer

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Name New Position (Effective as of April 1, 2021) Current Position

Managing Executive CEO for Asia & Oceania General Manager of Bangkok Yasuhiro Kubota Executive Officer Officer excl. East Asia Branch

In Charge of Specific Mitsuhiro Managing Executive Business, Global Products - Morishita Officer Unit

In Charge of Specific In Charge of Specific Mitsuhiro Managing Executive Business, Strategic Planning Executive Officer Business of Strategic Planning Kanazawa Officer Group Group

Head of Human Resources Nobuhiro Managing Executive General Manager of Group / General Manager of Executive Officer Kaminoyama Officer Corporate Secretariat Corporate Secretariat

General Manager of General Manager of Osaka Managing Executive Akira Kinoshita Corporate Banking Executive Officer Corporate Banking Officer Department No.1 Department No.1

General Manager of General Manager of Managing Executive Taku Ishikawa Corporate Banking Executive Officer Corporate Banking Officer Department No.3 Department No.3

In Charge of Specific General Manager of Naoto Oohitsu Executive Officer Business, Retail & Business Executive Officer Innovative Startups Banking Division Coordination Department

In Charge of Specific Business (Retail & Business General Manager of Banking Division, Operations Rikiya Shimatani Executive Officer Executive Officer Operations Service & Support Group) / General Manager of Department Operations Service & Support Department

Deputy Head of Asia & Deputy Head of Global Oceania excl. East Asia / Tsutomu Products Unit / In Charge of Executive Officer Executive Officer General Manager of Asia & Yamamoto Specific Business, Global Oceania Corporate Banking Corporate Division Department

Atsuhiro General Manager for Retail Executive Officer - Executive Officer of MHSC Morishima & Business Banking Division

To be Deputy President* Managing Head of Human Resources Hiroaki Ehara Reassigned (Representative Director) of Executive Officer Group MHTB

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Name New Position (Effective as of April 1, 2021) Current Position

In Charge of Specific To be Deputy President & Managing Business ( Retail & Business Kazuyuki Akiyama Reassigned Executive Officer of MHTB Executive Officer Banking Division, Corporate & Institutional Company)

General Manager of Yukihiko To be Executive Officer of Reassigned Executive Officer Corporate Banking Sakakihara MHSC Department No.6

To be Executive Officer of Head of Corporate & Akihiro Ota Reassigned Executive Officer MHSC Institutional Division

Deputy President* Satoshi Miyazaki Resigned (Representative Director

Deputy President* Takahiko Resigned (Representative Yasuhara Director

Senior Managing Teiji Teramoto Resigned Head of the Americas Executive Officer

Hidetoshi Managing Resigned Head of Area Tokumoto Executive Officer

Managing Deputy Head of Asset Takuo Murakami Resigned Executive Officer Management Division

Managing In Charge of Corporate Masahiko Abe Resigned Executive Officer Banking

Managing Hiroyuki Iijima Resigned Head of Area Executive Officer

Managing In Charge of Corporate Yutaka Akutagawa Resigned Executive Officer Banking / Head of Area

General Manager of Seoul Toshiro Koroyasu Resigned Executive Officer Branch

Takashi General Manager of Global Resigned Executive Officer Kawaguchi Markets Trading Department

Yasuhiko Resigned Executive Officer Head of Global Products Unit Hashimoto

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Name New Position (Effective as of April 1, 2021) Current Position

General Manager of Toshimitsu Ozaki Resigned Executive Officer Corporate Banking Department No.13

General Manager of Asset Hirokazu Shirai Resigned Executive Officer Management Business Development Department

In Charge of Specific Hiroki Tominaga Resigned Executive Officer Business of Retail & Business Banking Division

Hide Sumitomo Resigned Executive Officer Head of Area

Satoshi Yoneda Resigned Executive Officer Head of Area

President & CEO (Representative Director) of Shinya Uda Resigned Executive Officer Mizuho Business Partner Co., Ltd.

Co-Head of Global Corporate Tetsuya Akutsu Resigned Executive Officer Division

Co-Head of Global Corporate Takuya Ito Resigned Executive Officer Division

(Note ) Asterisks indicate directors expected to concurrently serve as executive officers.

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2. Directors and Executive Officers as of April 1, 2021

Member of the Board of Directors

President & CEO* Koji Fujiwara (Representative Director)

Masahiko Kato In Charge of Corporate Banking / Head of Area Deputy President* Head of Corporate & Institutional Division / In Charge of Corporate (Representative Director) Masaki Seki Banking

Member of the Board of Tatsufumi Sakai ( President & Group CEO (Representative Executive Officer) of MHFG ) Directors (not fill-time)

Member of the Board of Directors (Audit & Toshitsugu Okabe ( Deputy Chairman & Executive Officer of MHFG ) Supervisory Committee Member)

Member of the Board of Directors (Audit & Hisashi Kikuchi ( Managing Executive Officer of MHFG ) Supervisory Committee Member) (not full-time)

Member of the Board of Shigeo Ohara Directors (Outside Director) Shotaro Tochigi (Audit & Supervisory Naoko Nemoto Committee Member)

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

Executive Officers* Chief Digital Innovation Officer / Head of IT & Systems Group / Head of Satoshi Ishii Operations Group

Deputy President & Makoto Umemiya Head of Financial Control & Accounting Group

Executive Officer Motonori Wakabayashi Head of Risk Management Group

In Charge of Western Japan / In Charge of Corporate Banking / Head of Goji Fujishiro Area

Senior Managing Executive Yukinobu Maruyama Head of Retail & Business Banking Division / Head of Area Officer

Toshiro Egawa Deputy Head of Retail & Business Banking Division / Head of Area

Managing Executive Officer In Charge of Specific Business, Retail & Business Banking Division / Daisuke Horiuchi Head of Area

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Norio Sumi In Charge of Corporate Banking / Head of Area

Takuya Kogiso In Charge of Corporate Banking / Head of Area

Ryusei Adachi In Charge of Corporate Banking / Head of Area

Ken Ashida In Charge of Corporate Banking

Hidekatsu Take In Charge of Corporate Banking

Kenji Sugita In Charge of Corporate Banking

In Charge of Corporate Banking / General Manager of Corporate Takumi Niwa Banking Department No.12

Masahiro Kihara Head of Global Corporate Division / Head of Global Products Unit

Shuji Matsuura CEO for the Americas

Shinsuke Toda CEO for Europe, Middle East and Africa

Masayuki Sugawara CEO for East Asia

Yasuhiro Kubota CEO for Asia & Oceania excl. East Asia

In Charge of Credit (Retail & Business Banking Division, Corporate & Managing Executive Officer Takashi Tomita Institutional Division, Global Corporate Division)

Yasuhiro Shibata Co-Head of Global Markets Division

Kenya Koshimizu Co-Head of Global Markets Division

Masamichi Ishikawa Head of Asset Management Division

Mitsuhiro Morishita In Charge of Specific Business, Global Products Unit

Yasuhiko Ushikubo Head of Research & Consulting Unit

Naoshi Inomata Head of Strategic Planning Group

Mitsuhiro Kanazawa In Charge of Specific Business, Strategic Planning Group

Head of Human Resources Group / General Manager of Corporate Nobuhiro Kaminoyama Secretariat

Takeshi Katano Deputy Head of IT & Systems Group

Masaomi Takada Head of Compliance Group

Akira Kinoshita General Manager of Osaka Corporate Banking Department No.1

Taku Ishikawa General Manager of Corporate Banking Department No.3

Satoshi Suzuki In Charge of Specific Business, Retail & Business Banking Division

Naoto Oohitsu In Charge of Specific Business, Retail & Business Banking Division

In Charge of Specific Business (Retail & Business Banking Division, Executive Officer Rikiya Shimatani Operations Group) / General Manager of Operations Service & Support Department

Yasuhiro Kinoshita Head of Area

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Seiki Kurashita Head of Area

Shinji Akiyama Head of Area

Makoto Sakata Deputy Head of the Americas

Fumiro Suzuki Deputy Head of Europe, Middle East and Africa

Itaru Ishihara President of Mizuho Bank (China), Ltd.

In Charge of Credit (Retail & Business Banking Division, Corporate & Hiroya Uchimura Institutional Division, Global Corporate Division)

Tomohiko Kadotani In Charge of Credit (Corporate & Institutional Division)

Deputy Head of Global Products Unit / In Charge of Specific Business, Tsutomu Yamamoto Global Corporate Division

In charge of Specific Business, Operations Group / General Manager of Eishi Shimizu Operations Planning Department

Executive Officer Nobuhisa Abe Head of Internal Audit Group

Tetsurou Kojima General Manager of Consulting Department

Atsuhiro Morishima General Manager for Retail & Business Banking Division

Atsushi Ishisaka General Manager of Corporate & Institutional Coordination Department

John Ho General Manager of Americas Credit Department

Yeow Kwang Guan General Manager of Asia & Oceania Administration Department

Hiroyuki Nakamura General Manager of Industry Research Department

Yutaka Nanjo General Manager of Strategic Planning Department

General Manager of Global Talent Planning and Management Makoto Matsubara Department

President & CEO (Representative Director) of Mizuho Business Michiko Morizono Challenged Co., Ltd.

Peter DelGrosso General Manager of Americas Business Operations Department

(Note) *:Excluding executive officers concurrently serving as a directors

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Mizuho Trust & Banking Co., Ltd. (MHTB)

1. Changes of Directors and Executive Officers

Name New Position (Effective as of April 1, 2021) Current Position

Deputy President* Head of IT & Systems Group Managing Head of Human Resources Hiroaki Ehara (Representative / Head of Operations Group Executive Officer Group Director)

Member of the Board of Directors (Audit & General Manager of Risk Soushi Fukuda - Supervisory Management Department Committee Member)

Head of Business Promotion / Deputy President & Managing Head of Consulting Business Kazuyuki Akiyama Head of Consulting Business Executive Officer Executive Officer Unit Unit

Head of Retail & Business Senior Executive Banking Division / In Charge of Head of Retail & Business Senior Managing Managing Director* Specific Business of Strategic Shinya Matake Banking Division / Head of Executive Officer (Representative Planning Group / In Charge of Area Director) Specific Business of Financial Control & Accounting Group

Managing Managing Hiroyasu Matsui Head of Area In Charge of Trust & Banking Executive Officer Executive Officer

Head of Area / In Charge of Managing Specific Business (Asset Managing Sumito Yasuhara In Charge of Trust & Banking Executive Officer Management Division, Global Executive Officer Products Unit)

Head of Corporate & Institutional Division / Co-Head of Global Products Managing Co-Head of Global Products Unit / Head of Custody & Mitsuhiro Morishita Executive Officer Executive Officer Unit / Head of Custody & Structured Products and R&D Structured Products and R&D Business Unit Business Unit

Managing Co-Head of Global Markets Yasuhiro Shibata - Executive Officer Division

Managing Co-Head, Global Markets Kenya Koshimizu - Executive Officer Division

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Name New Position (Effective as of April 1, 2021) Current Position

Co-Head of Global Products Co-Head of Global Products Managing Managing Unit / Head of Stock Transfer Masato Tsuruoka Unit / Head of Stock Transfer Executive Officer Executive Officer Agency Business Unit / In Agency Business Unit Charge of Trust & Banking

Head of Human Resources Nobuhiro Managing General Manager of Corporate Group / General Manager of Executive Officer Kaminoyama Executive Officer Secretariat Corporate Secretariat

Taketo Imai Executive Officer Head of Area Executive Officer In Charge of Trust & Banking

Member of the Board of Directors (Audit & Masato Monguchi Resigned Supervisory Committee Member)

Managing Head of Asset Management Takuo Murakami Resigned Executive Officer Division

Head of Corporate & Managing Hiroshi Itabashi Resigned Institutional Division / In Executive Officer Charge of Trust & Banking

Head of IT & Systems Group / Shoji Yakabe Resigned Executive Officer Head of Operations Group

General Manager of Asset Hirokazu Shirai Resigned Executive Officer Management Business Development Department

Head of Global Markets Manabu Akasaka Resigned Executive Officer Division / General Manager of Treasury Department

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

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2. Directors and Executive Officers as of April 1, 2021

Member of the Board of Directors

President & CEO* Kei Umeda (Representative Director)

Deputy President* Hiroaki Ehara Head of IT & Systems Group / Head of Operations Group (Representative Director)

( President & Group CEO (Representative Executive Officer) Member of the Board of Directors Tatsufumi Sakai of MHFG ) (not full-time) Toshitsugu Okabe ( Deputy Chairman & Executive Officer of MHFG )

Member of the Board of Directors (Audit & Supervisory Committee Soushi Fukuda Member)

Member of the Board of Directors (Audit & Supervisory Committee Hisashi Kikuchi ( Managing Executive Officer of MHFG ) Member) (not full-time)

Member of the Board of Directors Mikinao Kitada (Outside Director) (Audit & Tsutomu Takahashi

Supervisory Committee Member) Yoshikazu Nishiwaki

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

Executive Officers*

Makoto Umemiya Head of Financial Control & Accounting Group Deputy President Motonori Wakabayashi Head of Risk Management Group & Executive Officer Kazuyuki Akiyama Head of Business Promotion / Head of Consulting Business Unit

Senior Managing Executive Shinya Matake Head of Retail & Business Banking Division / Head of Area Officer

Hiroyasu Matsui Head of Area

Head of Area / In Charge of Specific Business (Asset Management Sumito Yasuhara Division, Global Products Unit) Managing Executive Officer Head of Corporate & Institutional Division / Co-Head of Global Mitsuhiro Morishita Products Unit / Head of Custody & Structured Products and R&D Business Unit

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In Charge of Credit (Retail & Business Banking Division, Corporate Takashi Tomita & Institutional Division)

Yasuhiro Shibata Co-Head of Global Markets Division

Kenya Koshimizu Co-Head of Global Markets Division

Co-Head of Global Products Unit / Head of Real Estate Business Yuji Goto Unit Managing Executive Officer Co-Head of Global Products Unit / Head of Stock Transfer Agency Masato Tsuruoka Business Unit

Naoshi Inomata Head of Strategic Planning Group

Head of Human Resources Group / General Manager of Corporate Nobuhiro Kaminoyama Secretariat

Masaomi Takada Head of Compliance Group

Taketo Imai Head of Area

In Charge of Credit (Retail & Business Banking Division, Corporate Hiroya Uchimura & Institutional Division)

Tomohiko Kadotani In Charge of Credit (Corporate & Institutional Division)

Fumiaki Tanaka Head of Internal Audit Group

Tetsurou Kojima General Manager of Consulting Department

Tomoyasu Kikuno General Manager of Business Department Executive Officer Kenichi Sasada General Manager of Fukuoka Branch

General Manager of Corporate & Institutional Coordination Atsushi Ishisaka Department

General Manager of Real Estate Business Coordination Tomohiro Kurihara Department

CEO of Mizuho Realty One Co., Ltd. / CEO of Mizuho Real Estate Kazuma Ohe Management Co., Ltd.

Makoto Matsubara General Manager of Human Resources Department

(Note) *:Excluding executive officers concurrently serving as a directors

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Mizuho Securities Co., Ltd. (MHSC)

1. Changes of Directors and Executive Officers

Name New Position (Effective as of April 1, 2021) Current Position

Head of Risk Management

Group / Head of Compliance Head of Research & Group / In Charge of Due Consulting Unit / Head of Risk Deputy President* Diligence Department / Head Managing Management Group / In Yuzo Kanamori (Representative of Global Risk Management / Executive Officer Charge of Due Diligence Director) Head of Global Compliance / Department / Head of Global Internal Administration Risk Management Supervisor

Head of IT & Systems Group / Head of IT & Systems Group Deputy President* Deputy President* Head of Operations Group / / Head of Operations Group / Atsushi Takahashi (Representative (Representative Internal Administration Head of Global IT / Director) Director) Supervisor / Head of Global IT Head of Global Operations / Head of Global Operations

Member of the Board of Directors Head of Internal Audit Group / (Audit & Yasuto Sengoku Executive Officer SC Group Chief Audit Supervisory Executive Committee Member)

Head of Global Division / Head of Deputy President & Senior Managing Yasuto Hamanishi Head of Business Promotion Investment Banking Business Executive Officer Executive Officer Division / Head of Global Investment Banking

Head of Global Investment Banking Division / Head of Investment Banking Business In Charge of Global Investment Division / Head of Global Banking Business / Head of Managing Investment Banking / In Naoki Takahashi Executive Officer Consumer Retail Investment Executive Officer Charge of Global Investment Banking Sector / Head of Banking / Head of Consumer Global Sector Coverage Retail Investment Banking Sector / Head of Global Sector Coverage

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Name New Position (Effective as of April 1, 2021) Current Position

Head of Global Markets Joint Head of Global Markets Managing Division / Head of Global Division / Head of Fixed Daishi Sasaki Executive Officer Executive Officer Markets / Head of Research Income Business Division / & Consulting Unit Head of Global Product

Joint Head of Global Markets Joint Head of Global Markets Division / Head of Equity Division / Head of Equity Managing Business Division / Attached to Norikazu Akedo Business Division / Head of Executive Officer Executive Officer Research & Consulting Unit / Global Equity / Head of Head of Global Equity / Head Global Product of Global Product

Head of Retail & Business Hirobumi Managing Managing Co-Head of Retail & Business Banking Division / Head of Nakayama Executive Officer Executive Officer Banking Division Fund Business Division

Managing Head of Strategic Planning Head of Compliance Group / Itaru Shirakawa Executive Officer Executive Officer Group Head of Global Compliance

Head of Human Resources Head of Human Resources Managing Satoshi Asai Group / Head of Global Executive Officer Group / Head of Global Human Executive Officer Human Resources Resources

Nobuhiro Managing General Manager of General Manager of Corporate Executive Officer Kaminoyama Executive Officer Corporate Secretariat Secretariat

In Charge of Specific Head of Syndication Business Business, Global Investment Division / In Charge of Norifumi Akiyama Executive Officer Executive Officer Banking Division / In Charge Investment Department / Head of Investment Department of Global Syndicate

Head of Products Business In Charge of Global Eiichi Yamazaki Executive Officer Executive Officer Division / Head of Global Investment Banking Advisory

Yukihiko In Charge of Global Executive Officer - Executive Officer of MHBK Sakakihara Investment Banking

In Charge of Global Akihiro Ota Executive Officer Investment Banking / Head of - Executive Officer of MHBK Global Sector Coverage

In Charge of Retail & Business Banking / General General Manager of Kyoto Hideki Ashikari Executive Officer Executive Officer Manager of Branch Department Ⅰ

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Name New Position (Effective as of April 1, 2021) Current Position

To remain Senior Managing Deputy President & Head of Retail & Business Naofumi Fuke Reassgined Executive Officer of MHFG Executive Officer Banking Division

Head of Strategic Planning To remain Managing Managing Group / Head of Financial Masahiro Kihara Reassgined Executive Officer of MHFG Executive Officer Control & Accounting Group / Head of Global Finance

Joint Head of Global Investment Banking Division / To be Managing Executive Joint Head of Investment Shuji Matsuura Reassgined Executive Officer Officer of MHBK Banking Business Division / Joint Head of Global Investment Banking

Atsuhiro To be Executive Officer of Head of Area of Retail & Reassgined Executive Officer Morishima MHBK Business Banking Division

Head of Fund Business Executive Division / In Charge of JA Masaya Oishi Resigned Managing Director* Sales Dept. of Global Markets Division

Member of the Board of Directors Hideyuki (Audit & Resigned Kawashima Supervisory Committee Member)

Senior Managing Co-Head of Retail & Business Sadamu Yoshida Resigned Executive Officer Banking Division

Toshikazu Managing In Charge of Global Investment Resigned Hiramatsu Executive Officer Banking Business

Joint Head of IT & Systems Hiroshi Mihashi Resigned Executive Officer Group

In Charge of Global Investment Tatsuya Tsunoda Resigned Executive Officer Banking Business

In Charge of Retail & Business Sachie Kinugawa Resigned Executive Officer Banking

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

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2. Directors and Executive Officers as of April 1, 2021

Member of the Board of Directors

President & CEO* Yoshiro Hamamoto (Representative Director)

Member of the Board of Kiyoshi Miyake Directors, Chairman*

Head of Risk Management Group / Head of Compliance Group / In Charge of Due Diligence Department / Head of Global Risk Yuzo Kanamori Deputy President* Management / Head of Global Compliance / Internal Administration (Representative Director) Supervisor

Head of IT & Systems Group / Head of Operations Group / Head of Atsushi Takahashi Global IT / Head of Global Operations

Member of the Board of Tatsufumi Sakai ( President & Group CEO (Representative Executive Officer) of MHFG )

Directors (not full-time) Toshitsugu Okabe ( Deputy Chairman & Executive Officer of MHFG )

Member of the Board of Directors (Audit & Supervisory Yasuto Sengoku Committee Member)

Member of the Board of Directors (Audit & Supervisory Hisashi Kikuchi ( Managing Executive Officer of MHFG ) Committee Member) (not full-time)

Member of the Board of Yasuhisa Hashimoto Directors (Outside Director) Hiroyuki Suzuki (Audit & Supervisory Seiji Koga Committee Member)

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

Executive Officers*

Deputy President & Yasuto Hamanishi Head of Business Promotion Executive Officer

Head of Global Investment Banking Division / Head of Investment Banking Business Division / Head of Global Investment Banking / In Managing Executive Officer Naoki Takahashi Charge of Global Investment Banking / Head of Consumer Retail Investment Banking Sector / Head of Global Sector Coverage

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In Charge of Global Investment Banking / Head of Global Sector Keiji Maruko Coverage

In Charge of Global Investment Banking / Head of Global Sector Takuhiko Tochiori Coverage

Head of Global Markets Division / Head of Global Markets / Head of Daishi Sasaki Research & Consulting Unit

Joint Head of Global Markets Division / Head of Equity Business Norikazu Akedo Division / Head of Global Equity / Head of Global Product

Head of Retail & Business Banking Division / Head of Fund Business Hirobumi Nakayama Managing Executive Officer Division

Hitoshi Imai In Charge of Retail & Business Banking

Attached to Strategic Planning Group (In charge of Strategic Planning Jerry Rizzieri for the Americas) / President & CEO of Mizuho Securities USA LLC

Attached to Strategic Planning Group (In charge of Strategic Planning Suneel Bakhshi for EMEA) / President & CEO of Mizuho International plc

Itaru Shirakawa Head of Strategic Planning Group

Satoshi Asai Head of Human Resources Group / Head of Global Human Resources

Nobuhiro Kaminoyama General Manager of Corporate Secretariat

In Charge of Specific Business, Global Investment Banking Division / Norifumi Akiyama In Charge of Investment Department

Akihiro Yamade In Charge of Global Investment Banking

Eiichi Yamazaki In Charge of Global Investment Banking

Yukihiko Sakakihara In Charge of Global Investment Banking

In Charge of Global Investment Banking / Head of Global Sector Akihiro Ota Coverage

Executive Officer Kimihiro Sakano Head of Area of Retail & Business Banking Division

Shuichi Daigen Head of Area of Retail & Business Banking Division

Shinsuke Kawamoto In Charge of Retail & Business Banking

In Charge of Retail & Business Banking / General Manager of Private Hideki Ashikari Banking Department Ⅰ

Shigeru Wakita In Charge of Retail & Business Banking

Yuko Sueyoshi Joint Head of Operations Group / Joint Head of Global Operations

Taku Ishikawa General Manager of Corporate Coverage Department Ⅸ

(Note) *:Excluding executive officers concurrently serving as a directors

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Mizuho Research & Technologies, Ltd. (MHRT)

1. Changes of Directors and Executive Officers

Name New Position (Effective as of April 1, 2021) Current Position

President & CEO*

Masahiro Otsuka (Representative Head of Internal Audit Unit - Director)

President & CEO* Deputy President* Head of IT Development (Representative Director) of Yasumasa Mukai (Representative - Sector Mizuho Information & Director) Research Institute, Inc.

President & CEO* Yasuhiko Deputy President* Head of Research Sector - (Representative Director) of Ushikubo Mizuho Research Institute Ltd.

Co-Head of Corporate Unit / In Charge of Advanced Deputy President* Tatsuhiro Executive Technology Research (Representative Director ) of - Takahashi Managing Director* Division, Technology & Mizuho Information & Business Development Research Institute, Inc Sector

Member of the Member of the Board of Satoshi Ishii Board of Directors - Directors (not full-time) of (not full-time) Mizuho Research Institute Ltd.

Member of the Motonori Board of Directors - Wakabayashi (not full-time)

Audit & Audit & Supervisory Board Haruki Nakamura Supervisory Board - Member of Mizuho Information Member & Research Institute, Inc

Audit & Audit & Supervisory Board Tetsuya Matsuda Supervisory Board - Member of Mizuho Information Member & Research Institute, Inc

Audit & Supervisory Board Hisashi Kikuchi - Member (not full-time)

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Name New Position (Effective as of April 1, 2021) Current Position

Audit & Kazuya Supervisory Board - Yamaguchi Member (not full-time)

Chairman of the Chairman of the Institute of Takehiko Nakao - Institute Mizuho Research Institute Ltd.

Managing Masato Tsuruoka Head of Consulting Sector - Executive Officer

Managing Nobuhisa Abe Head of Corporate Unit - Executive Officer

Deputy President* To be Deputy President & Kazuyuki Akiyama Reassigned - (Representative Director ) of Executive Officer of MHTB Mizuho Research Institute Ltd.

Deputy President* (Representative Director ) of Masaharu Asahi Resigned - Mizuho Information & Research Institute, Inc

Executive Managing Director* Toshimichi Ikeya Resigned - of Mizuho Information & Research Institute, Inc

Audit & Supervisory Board Toshio Miyajima Resigned - Member of Mizuho Research Institute Ltd.

Deputy President* Yasuyuki Shibata Resigned - (Representative Director ) of Mizuho Research Institute Ltd.

Full-time Audit & Supervisory Akihito Mochizuki Resigned - Board Member of Mizuho Research Institute Ltd.

Audit & Supervisory Board Osamu Ishii Resigned - Member of Mizuho Research Institute Ltd.

Audit & Supervisory Board Eijiro Fukuda Resigned - Member of Mizuho Research Institute Ltd.

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Name New Position (Effective as of April 1, 2021) Current Position

Senior Managing Executive Takahiro Tomitori Resigned - Officer of Mizuho Research Institute Ltd.

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

2. Directors and Executive Officers as of April 1, 2021

Member of the Board of Directors and Audit & Supervisory Board

President & CEO* Masahiro Otsuka Head of Internal Audit Unit (Representative Director)

Member of the Board of Koichi Iida Directors, Chairman*

Deputy President* Yasumasa Mukai Head of IT Development Sector (Representative Director)

Member of the Board of Yasuhiko Ushikubo Head of Research Sector Directors, Deputy President*

Co-Head of Corporate Unit / In Charge of Advanced Technology Executive Managing Director* Tatsuhiro Takahashi Research Division, Technology & Business Development Sector

Member of the Board of Satoshi Ishii ( Senior Managing Executive Officer of MHFG )

Directors (not full-time) Motonori Wakabayashi ( Senior Managing Executive Officer of MHFG )

Audit & Supervisory Board Haruki Nakamura

Member Tetsuya Matsuda

Audit & Supervisory Board Hisashi Kikuchi ( Managing Executive Officer of MHFG )

Member (not full-time) Kazuya Yamaguchi

(Note) Asterisks indicate directors expected to concurrently serve as executive officers.

Chairman of the Institute and Executive Officers*

Chairman of the Institute Takehiko Nakao

Managing Executive Officer Masato Tsuruoka Head of Consulting Sector

Managing Executive Officer Nobuhisa Abe Head of Corporate Unit

(Note) * : Excluding executive officers concurrently serving as a directors

The management changes described above are subject to any approval or permission required being obtained from the relevant regulatory or other authorities.

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