May 14, 2024

To whom it may concern

Sumitomo Mitsui Trust Holdings, Inc.

Sumitomo Mitsui Trust Bank, Limited

Notice regarding Change of Directors, Executive Officers and

Structure of the Respective Committees in the Sumitomo Mitsui Trust Group

Sumitomo Mitsui Trust Holdings, Inc. (Director, President & CEO: Toru Takakura) and Sumitomo Mitsui Trust Bank, Limited (President: Kazuya Oyama) hereby announce the change of Directors, Executive Officers and Structure of the Respective Committees in the Sumitomo Mitsui Trust Group as described on the attached sheets.

The change of directors and executive officers in SuMi TRUST Holdings and SuMi TRUST Bank are subject to the resolutions of their general meetings of shareholders and their board of directors meetings to be held.

End

For further information, please contact:

IR Department, Sumitomo Mitsui Trust Holdings, Inc.

Telephone: +81-3-3286-8354

Change of Directors in Sumitomo Mitsui Trust Holdings, Inc.

1. Newly Appointed Directors (As of the date of Ordinary General Meeting of Shareholders, which is scheduled to be held in June 2024 (planned))

New Position

Name

Current Position (As of May 14, 2024)

Director

Kouichi Kato

Managing Executive Officer (*1) of Sumitomo Mitsui Trust Bank

Director

Audit & Supervisory Board Member (Full-Time) of Tokio Marine Holdings, Inc.

Hirokazu Fujita

Executive Director of Japan Audit & Supervisory Board Members Association

(External) (*2)

(JASBA, Public Interest Incorporated Association)

Director (External) (*2) of Sumitomo Mitsui Trust Bank

(Audit and Supervisory Committee member)

Director

Joint Business Advisor, Foreign Laws, Anderson Mori & Tomotsune

Kazuo Sakakibara

Supervisor, Tokyo Dental College

(External) (*2)

Director (External) of Takasago Thermal Engineering Co., Ltd.

(Audit & Supervisory Board member)

Member of Management Committee Japan Broadcasting Corporation

(*1) Executive Officers as defined in our internal policy

(*2) External director set forth in Article 2, Item 15 of the Companies Act

2. Retirement of Directors (As of the date of Ordinary General Meeting of Shareholders, which is scheduled to be held in June 2024 (planned))

Appointed Position after Retirement

Name

Current Position (As of May 14, 2024)

-

Kouji Tanaka

Director of Sumitomo Mitsui Trust Holdings

Director (External) of Sumitomo Mitsui Trust Holdings

-

Mitsuhiro Aso

Outside Director of Sumitomo Chemical Co., Ltd.

(Audit & Supervisory Board Member)

End

The Structure of the Respective Committees in Sumitomo Mitsui Trust Holdings, Inc.

(As of the date of Ordinary General Meeting of Shareholders, which is scheduled to be held in June 2024 (planned))

Nominating Committee

Chair:

Members:

Isao Matsushita (External)

five external directors and two

internal directors

Compensation Committee

Chair:

Members:

Hiroko Kawamoto (External)

five external directors and two

internal directors

Audit Committee

Chair:

Members:

Kaoru Kashima (External)

four external directors and two

internal directors

Risk Committee

Chair:

Members:

Kenji Fujii (External)

three external members and two

internal members

(including two external experts)

Conflicts of Interest

Chair:

Members:

Committee

Hideki Kanda (External)

three external members and two

internal members

(including two external experts)

Members of the respective committees (◎Chair, 〇Member)

Nominating

Compensation

Audit

Risk

Conflicts of

Interest

Isao Matsushita

◎

〇

Hiroko Kawamoto

〇

◎

Nobuaki Katoh

〇

〇

〇

Directors

Kaoru Kashima

〇

〇

◎

Tomonori Ito

〇

External

Hajime Watanabe

〇

〇

〇

Hirokazu Fujita

〇

Kazuo Sakakibara

〇

Hideki Kanda (*1)

◎

Experts

Kenji Fujii (*2)

◎

Haruyuki Toyama (*2)

〇

Akiko Hosokawa (*2)

〇

Tetsuo Ohkubo

〇

〇

Masaru Hashimoto

〇

〇

Internal

Toshiaki Nakano

〇

Kouichi Kato

〇

Yasuyuki Suzuki

〇

〇

Yuki Takada

〇

〇

(*1) Mr. Hideki Kanda is an external director of Sumitomo Mitsui Trust Bank.

(*2) Mr. Kenji Fujii, Mr. Haruyuki Toyama and Ms. Akiko Hosokawa are external experts.

Change of Directors and Executive Officers in Sumitomo Mitsui Trust Bank, Limited

1. Newly Appointed Director (As of the date of Ordinary General Meeting of Shareholders, which is scheduled to be held in June 2024 (planned))

New Position

Name

Current Position (As of May 14, 2024)

Director

Executive Officer (*), General Manager of Global Business Planning

(Audit and Supervisory

Makito Oono

and Coordination Department of Sumitomo Mitsui Trust Bank

Committee member)

(*) Executive Officers as defined in our internal policy

2. Newly Appointed Member of Audit and Supervisory Committee (As of the date of Ordinary General Meeting of Shareholders, which is scheduled to be held in June 2024 (planned))

New Position

Name

Current Position (As of May 14, 2024)

Director (*)

Director of Sumitomo Mitsui Trust Bank

Special Advisor, the City of Yokohama

(Audit and Supervisory

Michiko Achilles

Co-Chair, G20/EMPOWER Japan

Committee member)

Chair of the Council for Gender Equality, the Cabinet Office

(*) External director set forth in Article 2, Item 15 of the Companies Act

3. Retirement of Directors (As of the date of Ordinary General Meeting of Shareholders, which is scheduled to be held in June 2024 (planned))

Appointed Position after Retirement

Name

Current Position（As of May 14, 2024）

Audit & Supervisory Committee Member

(Full-Time) of Kyokuto Securities Co., Ltd.

Tsutomu Kurai

Director (Audit and Supervisory Committee member)

(*1)

Director (Audit and Supervisory Committee member)

(External)

Joint Business Advisor, Foreign Laws, Anderson Mori &

Director (External) (*2) of Sumitomo Mitsui

Tomotsune

Kazuo Sakakibara

Supervisor, Tokyo Dental College

Trust Holdings

Director (External) of Takasago Thermal Engineering

Co., Ltd. (Audit & Supervisory Board member)

Member of Management Committee Japan Broadcasting

Corporation

Director of Sumitomo Mitsui Trust Holdings

Kouichi Kato

Managing Executive Officer (*3)

(*1) As of the date of the Company's Ordinary General Meeting of Shareholders scheduled to be held in June 2024 (planned)

(*2) External director set forth in Article 2, Item 15 of the Companies Act

(*3) Executive Officers as defined in our internal policy

End

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Sumitomo Mitsui Trust Holdings Inc. published this content on 14 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 May 2024 07:07:33 UTC.