Aozora Bank : Notice Regarding Approval for Daiwa Securities Group Inc. as a Major Shareholder of the Bank

June 7, 2024

Company name: Aozora Bank, Ltd.

Name of representative: Hideto Oomi, President and CEO

Listed exchange: TSE Prime Market, Code 8304

Contact: Masaharu Matsuura, General Manager

Corporate Communication Division (03 6752 1111)

Notice Regarding Approval for Daiwa Securities Group Inc. as a Major Shareholder of the Bank

TOKYO June 7, 2024 - As announced in "Notice Regarding the Capital and Business Alliance of Daiwa Securities Group Inc. and Aozora Bank, Ltd." and "Notice Regarding Issuance of New Shares Through Third Party Allotment Under the Capital and Business Alliance with Daiwa Securities Group Inc., and Changes in the Major Shareholders, Largest Shareholder, Which Is a Major Shareholder, and Other Associated Companies" dated May 13, 2024, Aozora Bank, Ltd. ("Aozora" or the "Bank") has entered into a Capital and Business Alliance Agreement with Daiwa Securities Group Inc. ("Daiwa Securities Group") and has planned to allocate its common shares to Daiwa Securities Group by means of issuance of new shares through third party allotment. As such, Aozora is pleased to announce that Daiwa Securities Group has obtained approval from the Financial Services Agency pursuant to Article 52-9, Paragraph 1 of the Banking Act for Daiwa Securities Group to become a major shareholder of the Bank today.

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