Execution of Merger Agreement with Daiwa SB Investments Ltd.

31 Jan, 2019

Since issuing a joint press release on September 28th 2018 regarding the merger agreement between Sumitomo Mitsui Asset Management Company Limited (“SMAM” hereafter) and Daiwa SB Investments Ltd., we have been engaged in integration work towards the launch of Sumitomo Mitsui DS Asset Management Company Limited (“New Company” hereafter) on April 1st, 2019*. Today we hereby announce our organizational structure and corporate philosophy of New Company.

*Note: The merger is subject to approval and acceptance of notification by authorities in Japan and countries where our overseas offices are located.