Non chex systems bank and Rants

Mizuho Securities Co., Ltd. (“MHSC”) and Maybank Investment Bank Berhad (“Maybank IB”),hereby jointly announce the conclusion of a Memorandum of Understanding to form a strategic alliance and work together in areas such as primary and secondary markets, M&A advisory, and Islamic markets,and to leverage our mutual expertise, experience and robust global networks to further develop markets in
Malaysia, Japan and other regions.

The agreement was signed between President of MHSC, Keisuke Yokoo and the Chief Executive Officer and Director of Maybank IB, Mohammed Rashdan. Both MHSC and Maybank IB are confident that this new opportunity, along with greater coordination with the parent companies, Mizuho Corporate Bank and Maybank, will enable us to further strengthen our mutual businesses and provide our customers
with a wider range of top-quality services.

As aggressive, innovative and forward-looking companies, our successful partnership will form the ideal platform to further develop businesses in the Asian region and spearhead a foray into new markets to complement the growing global aspirations of our parent companies.

Based on positive business growth from the existing strategic alliance between MHSC and Maybank IB,this tie-up provides optimal synergies for both parent company groups in terms of profiling and revenue
potential.

Both parties, MHSC and Maybank IB are optimistic that the collaboration will greatly expand our expertise and business networks in many areas.