The main role of the Companys Board of Directors is management oversight and the purpose of the Board
of Directors of the Company is to strive for the Companys sustainable growth and maximization of corporate value over the mid to long-term. The Board of Directors, in addition to ensuring the fairness and transparency of the management,
determines the Fundamental Management Policy, and appointments of Executive Officers that manage the Company such as the Group CEO and important business execution decisions are made based on such policy.
The Board of Directors of the Company, to enable active discussion from diversified perspectives, consists of members with diversity, such as in gender,
international experience and work experience, and with expertise in areas such as accounting, corporate management, and law, etc. Further, for the appropriate exercise of the Board of Directors management oversight function, there is a general
rule that the majority of the Board of Directors must be Outside Directors.
Nine out of the current thirteen Directors of the Companys Board of
Directors are Outside Directors, and out of the nine Outside Directors, there is a diverse composition of four non-Japanese Directors and three female Directors. Further, the current thirteen Directors of the
Companys Board of Directors are composed of members with expertise and experience, in areas such as corporate management, international business, financial industry, accounting/finance, legal systems/regulations, internal controls including
risk management, digital (IT) / DX, and sustainability. In particular, as a result of the expansion of the U.S. business, Directors with an extensive understanding of the U.S. financial industry, macro economy, and regulatory environment have been
appointed. Moreover, in consideration of factors including the geographical distribution of Directors, in addition to the appointment of a Director well-versed in finance from Asia, in view of the importance global of the managerial knowledge, a
Director who is an executive of a Japanese company that is engaged in global business development has been appointed.
The Board of Directors of the
Company is chaired by a Director who is not concurrently serving as an Executive Officer, allowing the Board of Directors to concentrate on overseeing the business conducted by the Executive Officers. Further, with respect to each of the
Nomination/Audit/Compensation/Board Risk committees, by having Outside Directors serve as the chair, independence from the management has been made even clearer.
A summary of the Board of Directors and each Committee is as set out below.
Aiming for transparent management under oversight with an emphasis on external perspective, the Companys Board of Directors is comprised of thirteen
members: Koji Nagai, Kentaro Okuda, Yutaka Nakajima, Shoji Ogawa, Noriaki Shimazaki, Kazuhiko Ishimura, Laura Simone Unger, Victor Chu, J. Christopher Giancarlo, Patricia Mosser, Takahisa Takahara, Miyuki Ishiguro and Masahiro Ishizuka (including
nine Outside Directors). The Outside Directors, by applying their extensive experience and comprehensive knowledge, and through their activities at the Board of Directors and each of the Nomination, Audit, Compensation and Board Risk Committees,
monitor management decisions on significant issues and business execution.
At meetings of the Board of Directors, activities such as the adoption of
resolutions concerning matters such as financial results and budgets, reporting of the business environment and business execution of each division, and discussions regarding management strategies are carried out. Concerning information such as
details about the number of times a meeting of the Board of Directors was held, the status of attendance of each member and summaries of discussions, please refer to the section entitled PART I. Corporate Information Item 4. Company
Information 4. Status of Corporate Governance and Other (1) Corporate Governance in the Form 6-K English translation of certain items disclosed in the Annual Securities Report pursuant to the
Financial Instruments and Exchange Act., the Companys website or the section entitled Reference Materials for the General Meeting of Shareholders in the Notice of Convocation of the Annual General Meeting of Shareholders.
https://www.nomuraholdings.com/investor/library/sec/#sec02
https://www.nomuraholdings.com/company/cg/committee.html
https://www.nomuraholdings.com/investor/shm/
This Committee is a statutory organ which determines the details of any proposals concerning the election and dismissal of Directors to be submitted to general
meetings of shareholders. The three members of the Committee are elected by the Board of Directors. As for the Committees decisions, fixed nomination standards such as character/knowledge, corporate management experience, and expertise are
established, and they are carried out based on such standards. In addition, the Committee establishes Independence Criteria for Outside Directors to maintain their independence from Nomura Group. The current members of this Committee are: Outside
Directors Kazuhiko Ishimura, Takahisa Takahara and Koji Nagai, a Director not concurrently serving as an Executive Officer. This Committee is chaired by Kazuhiko Ishimura.
In addition, the Nomination Committee supervises discussions of a nature sought by the Group CEO based on factors such as the management environment and the
succession plan which includes matters such as the business execution structure incorporating the point of view of successor development. Concerning information such as details about the number of times a meeting of the Nomination Committee was
held, the status of attendance of each member and summaries of discussions, please refer to the section entitled PART I. Corporate Information Item 4. Company Information 4. Status of Corporate Governance and Other (1) Corporate
Governance in the Form 6-K English translation of certain items disclosed in the Annual Securities Report pursuant to the Financial Instruments and Exchange Act. and the Reference Materials for the
General Meeting of Shareholders in the Notice of Convocation of the Annual General Meeting of Shareholders.
https://www.nomuraholdings.com/investor/library/sec/#sec02
https://www.nomuraholdings.com/investor/shm/
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