Shinsei Bank : Integrated Report 2022

The Shinsei Bank Group, Now a Part of the SBI Group

The Shinsei Bank Group, Now a Part of the SBI Group

The Shinsei Bank Group, Now a Part of the SBI Group

Aiming to Strengthen Profitability

Tender offer completed
Joined the SBI Group		Established the Parent Company
		Transaction Screening Committee		Announced Medium-Term Vision of
				the Shinsei Bank Group
2021 Dec.		2022 Mar.		2022 May
2022 Feb.		2022 Apr.		2022 Jun.

Annual General Meeting of

For synergies with the SBI Group

Shareholders

Following Extraordinary General

Implemented organizational

Meeting of Shareholders, New management appointed

changes to maximize the potential

SBI Holdings, which can generate synergies from its businesses, becomes the parent company

The most important initiative is to leverage synergies by actively incorporating the financial ecosystems and functions based on the advanced technologies of the SBI Group and thoroughly utilizing them in the Shinsei Bank Group's businesses

Joint projects are underway through 40 sub-committees to discuss and promote initiatives to generate synergies

Established the Group Strategy Planning Division to promote initiatives to deepen cooperation within the SBI Group and the Bank Group, and the Business Co-Creation Division to handle collaboration functions with the SBI Group in the corporate business

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The Shinsei Bank Group, Now a Part of the SBI Group	Initiatives for Regional Revitalization

Initiatives for Regional Revitalization

by the SBI Group and the Shinsei Bank Group

Local

companies

Local

residents

"The SBI Group and the Shinsei Bank Group" are aiming to provide financial products and services, as

well as investment and financing opportunities to regional financial institutions that do not have

sufficient management resources, mainly in the non-bank field. On the other hand, by earning fee and investment income from regional financial institutions, we aim to bring new profit opportunities to both organizations. At the same time, we aim to be directly involved in revitalizing regional economies.

		Integrated the management resources of
		the SBI Group and the Shinsei Bank Group
		to provide various functions
Fee income,	Fee income,
investment income,	investment income,
etc.	etc.	Securities, banks, and insurance
Regional		Collection of receivables
	Installment sales finance,
financial
	credit card and payment
institutions		Leasing

Small lot financing

Local

governments

Provision of	Provision of	Structured finance
sophisticated and	sophisticated and
various financial	various financial	Sustainable finance
functions	functions
		Specialized investment company
		etc.

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The Shinsei Bank Group, Now a Part of the SBI Group	Shinsei Bank Group's Products and Services

Shinsei Bank Group's Products and Services

Unique products and services

Individual Business

The Individual Business is composed of the retail banking business and consumer finance, which provides products and services such as unsecured loans, credit cards, shopping credit and payment services for individual customers.

The Shinsei Bank Group is a hybrid comprehensive financial group that is engaged in both bank and nonbank functions. We became a part of the SBI Group in December 2021, and are now in the midst of actively incorporating the financial ecosystems and financial functions of the SBI Group and seeking to provide the products, services, and functions that customers truly want.

Shopping Credit

Credit Cards

Payment

Unsecured Loans

Housing Loans

Mutual Funds,

Insurance

JPY / FCY Deposits,

Structured Deposits

Private Equity

Leasing

Project Finance

Real Estate Finance

Products and Services for Corporate and Financial Institutions

Glossary

& Subsidiaries and Affiliated Companies

URL https://shinseibank.com/corporate/en/about/group/

The Institutional Business is composed of the corporate business, structured finance business, private equity investment and business succession financing business, leasing business, as well as delivering market services that provide market solutions for foreign exchange and interest rate derivatives, among others.

Institutional Business

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Editorial Policy

Contents

The Shinsei Bank Group, Now a Part of the SBI Group

1. The Shinsei Bank Group, Now a Part of the SBI Group
2. Initiatives for Regional Revitalization
3. Shinsei Bank Group's Products and Services

Evolution of the Shinsei Bank Group

1. Evolution of the Shinsei Bank Group
2. Recent Business Topics

What the Shinsei Bank Group Wishes to Be

07 CEO Message

1. Medium-termStrategies (FY2019-FY2021) Key Financial Targets
2. Medium-termVision of the Shinsei Bank Group

23 Corporate Value Creation Mechanism

Current Status of the Shinsei Bank Group

1. Financial Summary

1. Financial Highlights
2. Nonfinancial Highlights
3. At a Glance
4. Individual Business

1. Institutional Business

Pave the Way to Achieve What the Shinsei Bank

Group Wishes to Be

34 Board of Directors, Audit & Supervisory Board Members

38 Message from Directors and Audit & Supervisory Board Members

Special Feature:

42 Outside Directors' Roundtable Discussion

45 Corporate Governance

Corporate Governance of Shinsei Bank Policy for Operation of the Board of Directors

Directors and Executive Officers Compensation Scheme

Audit & Supervisory Board Members / Audit & Supervisory Board Internal Control

Executive Officers

Internal Audit

Legal and Compliance Activities

55 Risk Governance

1. Ensuring Cybersecurity
2. Initiatives for Customers
3. Initiatives for Sustainability

1. Initiatives for Climate Change Issues

1. Initiatives for Human Rights
2. Initiatives for Employees

1. Social Initiatives

Data Section

77 ESG Data

1. Financial Summary
2. Stock and Credit Rating Information

Participation in Initiatives

United Nations Global Compact Principles for Financial	Women's Empowerment
Action for the 21st Century	Principles (WEPs)

30% Club Japan	Equator Principles	Task Force on Climate-related
		Financial Disclosures (TCFD)

Principles for Responsible	The Poseidon Principles	Japan Impact-driven
Banking		Financing Initiative

ESG Index	Bloomberg Gender-	FTSE Blossom Japan
MSCI
Equality Index	Sector Relative Index

THE INCLUSION OF SHINSEI BANK, LIMITED IN ANY MSCI INDEX, AND THE USE OF MSCI LOGOS, TRADEMARKS, SERVICE MARKS OR INDEX NAMES HEREIN, DO NOT CONSTITUTE A SPONSORSHIP, ENDORSEMENT OR PROMOTION OF SHINSEI BANK, LIMITED BY MSCI OR ANY OF ITS AFFILIATES. THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES AND LOGOS ARE TRADEMARKS OR SERVICE MARKS OF MSCI OR ITS AFFILIATES.

Awards and Accreditation

Semi-Nadeshiko

CDP

Kurumin

Here in this Integrated Report, the Shinsei Bank Group brings together financial and nonfinancial information in a bid to help investors and other stakeholders gain an understanding of the Group's strategies and efforts toward creating sustainable corporate value.

Having referred during the editing process to the frameworks presented by the International Integrated Reporting Council (IIRC)1 and the Guidance for Collaborative Value Creation2 indicated by the Ministry of Economy, Trade and Industry, we show the "big picture" narrative of the Shinsei Bank Group's corporate value creation.

In addition, this Report and the Shinsei Bank Integrated Report 2022 Data Appendix fulfill the disclosure requirements (an explanation of the Shinsei Bank's operations and matters regarding our financial position) stipulated under Article 21 of Japan's Banking Act. The Report also contains statements about the Group's management policies and future operating results. These forward-looking statements are not a guarantee of future performance. Actual results could differ from those indicated due to a variety of factors, including changes in the operating environment. Please see Shinsei Bank's Integrated Report 2022 Data Appendix for supplemental financial information.

Notes: 1 Established in 2010 for the purpose of developing an international framework for the disclosure of corporate information, the International Integrated Reporting Council (IIRC) is a global coalition of regulators, investors, companies, standard setters, the accounting professions and NGOs.

• A manual for systematically organizing and integrating the information (management principles, business model, strategy, governance, etc.) that companies should convey to investors. Created and published by the Ministry of Economy, Trade and Industry for the purpose of enhancing the quality of information disclosure and dialogue with investors.

Eruboshi

Gan (cancer) Ally Award

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