Sumitomo Mitsui Financial Group, Inc. announced the change of Representative Executive Officer, with effect from December 1, 2023. With effect from December 1, 2023, Toru Nakashima, currently Deputy President and Executive Officer (Representative Executive Officer), Co-Head of Wholesale Business Unit will be appointed as President and Group CEO (Representative Executive Officer). Subject to approval at the annual general meeting of shareholders to be held in June 2024, Mr. Toru Nakashima is expected to become a Director of Sumitomo Mitsui Financial Group, Inc. Profile of Toru Nakashima: Date of Birth: September 14, 1963.

Business Experience: April 1986 Joined The Sumitomo Bank Limited. April 2014 - Executive Officer, Sumitomo Mitsui Banking Corporation, April 2016 - Managing Executive Officer, Sumitomo Mitsui Banking Corporation, April 2017 - Managing Executive Officer, Sumitomo Mitsui Financial Group, Inc. March 2019 - Director and Managing Executive Officer, Sumitomo Mitsui Banking Corporation, April 2019 - Senior Managing Corporate Executive Officer, Sumitomo Mitsui Financial Group, Inc., Director and Senior Managing Executive Officer, Sumitomo Mitsui Banking Corporation, June 2019 - Director Senior Managing Corporate Executive Officer, Sumitomo Mitsui Financial Group, Inc. April 2022 - Retired from Sumitomo Mitsui Banking Corporation, March 2023 - Director, Sumitomo Mitsui Banking Corporation, April 2023 - Deputy President and Executive Officer (Representative Executive Officer), Sumitomo Mitsui Financial Group, Inc. (to present) Director and Deputy President (Representative Executive Officer), Sumitomo Mitsui Banking Corporation (to present).