We are providing the following information on the Deadline Date in relation to Transition from Specified Investors in the Categorization of Specified Investors (so-called Professional-Amateur System) adopted by the Financial Instruments and Exchange Law which came into force on September 30, 2007.

Categorization of Specified Investors

Under the Financial Instruments and Exchange Law, investors are classified into two categories – Specified Investors (professionals) and Investors other than Specified Investors (amateurs) – based on the status of their knowledge, experience and properties. If an investor is classified as a Specified Investor (professional), application of some rules under the Law (restriction on actions) is waived when selling or soliciting financial instruments to customers. If an investor is classified as an Investor other than Specified Investors (an amateur), stricter restrictions on actions are imposed in order to provide sufficient protection to investors.
If the investor satisfies certain requirements, based on a request from the customer, a transition between Specified Investors (professionals) and Investors other than Specified Investors (amateurs) is permitted on a contract type-specific basis.
*Please note that, in the transition process, we may, in some cases, decline the customer’s request from the viewpoint of protecting customers, based on our solicitation policy, etc.

Deadline Date of Shinsei Securities

Under the Law and Ordinances, the term for treating customers as Specified Investors (professionals) or Investors other than the Specified Investors (amateurs) will lapse at a certain point in time after a transition. As a general rule, the term will lapse one year after the transition is approved on a contract type-specific basis (the “Deadline Date”). However, each securities company is permitted to set the date at its discretion.
Shinsei Securities has set September 20 each year as the Deadline Date for Categorization of Specified Investors (Professional-Amateur System) (the notice on the Deadline Date will be provided on Shinsei Securities’ website).
Please note, therefore, that, in some cases, the term up to the Deadline Date may be less than one year, depending on the date of approval. Furthermore, after the Deadline Date, the customers for which the category was changed will be automatically re-transferred to the old category. Customers who wish to maintain the current category must go though a renewal procedure.

*This announcement is made based on Paragraph 3, Article 34-2 of the Law, Article 54 of the Cabinet Order concerning Exchange, etc. of Financial Instruments (hereinafter, the “Cabinet Order”), Paragraph 2, Article 34-3 of the Law, Article 58 of the Cabinet Order, Paragraph 4, Article 34-4 of the Law, and Article 63 of the Cabinet Order.

*If you have any questions, please contact the person in charge of the transaction.

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