Trajectory of Nomura's Growth

As a responsible financial institution

2008 Established CSR Committee About Nomura 2009 Established Environmental Statement and History of the Environmental Policy 2018 Reorganized the CSR Committee into the ESG Committee chaired by the Group CEO Nomura Group Established ESG Statement Details P41 Since its inception in 1925, the Nomura Group has continually expanded its product and service offerings, developed its global Enhance compliance Enhance compliance operations and reinforced its corporate governance systems. Our Founder set 10 principles that, even today, lie at the heart of Nomura’s 1991 Loss compensation issues 2004 Established statement: The Code of Ethics of Reform measure: Enforcement and Nomura Group operations. Among these founding principles is a description of expansion of the internal management Insider trading issues regarding capital Nomura’s raison d’être or mission to “enrich the nation through the framework 2012 increase securities business.” 1997 Payoff issues Reform measure: Review and enhancement

We will continue to contribute to economic growth and a more Reform measures: Clarification of order of the compliance framework Details P53 Value Creation for Strategies distinction between proprietary trading and fulfilling society by delivering superior services and solutions to meet brokerage orders; establishment of the 2015 Established Nomura Founding Principles and all of our clients’ investment needs. Compliance Hotline Details P56 Corporate Ethics Day Details P53

Trust from stakeholders Financial and economic education Enhance governance

1990s The cumulative number of participants in 2003 Transition to “Company with Committees” the program : 570,000 as of March 31, 2019 (Currently referred as a Company with Three Details P26 Board Committees) Details P45

2015 Fomulated Corporate Governance Guidelines

Supported ’s securities market at the Provided fund-raising support during the era of Supported privatization of public utilities Social value dawn of its development high economic growth in Japan and public enterprises Providing solutions to meet diversifying clients’ needs

-1927 Operations centered on underwriting and sale 1961 First American Depositary Receipts issued by 1987 Nippon Telegraph and Telephone (NTT) listed 2001 Expansion of systems and services in line 05 of public and corporate bonds Japanese company ( Corporation) on stock market with the introduction of defined contribution 06 pension plans (DC) -1941 Sale of Japan’s first investment trust products 1962 First overseas issuance of convertible bonds by Early Adoption of Open Architecture: offering a Japanese company (Shin Heavy 1990s products managed by a wide range of asset 2003 Commence of government bond issuance 1947 Public offering of 8 power stocks (currently Industries [currently Mitsubishi Heavy Industries]) managers targeting individual investors by Ministry of electricity stocks)

Finance Value Creation Supporting Strengths 1968 Nippon Gakki (currently Yamaha) conducted 1994 First global offering conducted by Japan Issuance of Japan’s first convertible bonds (I 1949 public stock offering by issuing Japan’s first Telecom when it listed on stock market 2014 Start of services under the Nippon Individual unit convertible bonds) shares at market value listed on stock market Savings Account (NISA) program 1970 First issuance of samurai bonds by overseas 2015 Japan Post Group 3 companies listed on entity (Asian Development Bank) stock market 1972 Deregulation of foreign investment trust sales in Japan 1980 Development and commencement of sales of the Medium-Term Japanese Government Bond Fund

1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 2019

History of the Retail client Assets under Retail client Assets under Retail client Assets under assets management assets management assets management Nomura Group March 31, 1975 March 31, 1989 March 31, 2000 March 31, 2000 March 31, 2019 March 31, 2019 Corporate Information / Data ¥3.3 ¥17.0 ¥62.4 ¥20.0 ¥114.7 ¥51.4 trillion trillion trillion trillion trillion trillion Nomura 1925 The Securities Department of Nomura 1961 listed its shares on the 1981 Established Nomura International, a U.K. 2001 Formed a structure: Nomura Bank split off into a separate company, Stock Exchange, Osaka Securities subsidiary Holdings listed its shares on the New York Nomura Securities Exchange, and Stock Exchange Established Nomura Stock Exchange 1927 Opened representative office in New York 1967 Established Nomura International (Hong Kong) 1993 Established The Nomura Trust and Banking 2008 Absorbed the personnel of Report 2019 Report Asia Pacific and its European and Middle 1959 Founded Nomura Securities Investment Trust 1969 Established Nomura Securities International, a Eastern divisions U.S. subsidiary 2016 Entered into a strategic alliance with American Century Investments