Tokyo, October 22, 2021 - Nomura Securities Co., Ltd, a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has priced a Green Bond1 offering for NTT Finance Corporation (NTT Group Green Bonds). The offering consists of three-year, five-year and 10-year tranches valued at 300 billion yen in total (100 billion yen each), representing one of the world's largest single issuances of green bonds by a company. Nomura acted as bookrunner and green bond structuring agent2 for the offering.

On September 28, 2021, NTT Group formulated a new environmental and energy vision called "NTT Green Innovation toward 2040," aiming to reduce greenhouse gas (GHG) emissions by 80 percent by 2030 for mobile and achieve carbon neutrality by 2040 across the group. In addition, NTT Group aims to contribute to the Japanese government's medium to long-term climate goals of reducing GHG emissions by 46 percent from 2013 levels by 2030, and achieving carbon neutrality by 2050.

NTT Group established the NTT Group Green Bond Framework in June 2020 with Nomura's support. Amid increased interest in the transition to a decarbonized society, Nomura also supported NTT Group in revising its Green Bond Framework on September 30, 2021.

As part of its efforts to Drive Sustainability, Nomura is actively working through its ESG and SDG activities to help create a more sustainable world and resolve issues affecting society. By underwriting SDG bonds such as green bonds, social bonds and sustainability bonds, Nomura serves as a bridge between investors who want to contribute to society and projects with capital needs that aim to resolve social issues such as climate change.

Nomura will continue to promote initiatives to achieve the SDGs and contribute to economic and sustainable social development, while contributing to the growth of Japan's SDG bond market.

1 Green bonds are any type of bond instrument where the proceeds will be exclusively applied to finance eligible Green Projects. NTT Group has developed the NTT Green Bond Framework, outlining policies regarding four core components for the offering (1. Use of proceeds, 2. Process for project evaluation and selection, 3. Management of proceeds and 4. Reporting), in accordance with the 2021 Green Bond Principles and the 2020 Green Bond Guidelines. NTT Group's green bond has received a Second-Party Opinion from Sustainalytics to ensure the framework conforms to the 2021 Green Bond Principles by ICMA and the 2020 Green Bond Guidelines by the Ministry of the Environment.

2 A green bond structuring agent supports the issuance of green bonds by advising issuers on the development of a green bond framework and on obtaining a second-party opinion.

Nomura

Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

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Nomura Holdings Inc. published this content on 22 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2021 06:03:02 UTC.