Our Business Operations

＜Business Portfolio＞

Structural transformation

Providing banking products and services that support our customers’ corporate transformation

Business units	Main services
Strategic Investments Unit └ Corporate finance └ Structured finance	Corporate finance Domestic corporate lending, venture debt, and equity investments with a primary focus on engagement Structured finance LBO loans, real estate finance, and business recovery	Financial products and services that support Japanese companies as they face the need for structural transformation Going beyond traditional lending, the business is distinguished by its focus on providing solutions designed to enhance corporate value and resolve social issues
(Group company) GMO Aozora Net Bank	A technology bank that focuses on corporate customers An online-only bank established through a joint venture between Aozora Bank and the GMO Internet Group	Deliver significant convenience at a low cost by leveraging advanced IT technology Please refer to the GMO Aozora Net Bank, Ltd. website. (Japanese only)

Business units
Strategic Investments Unit └ Corporate finance └ Structured finance
Main services
Corporate finance Domestic corporate lending, venture debt, and equity investments with a primary focus on engagement Structured finance LBO loans, real estate finance, and business recovery
Financial products and services that support Japanese companies as they face the need for structural transformation Going beyond traditional lending, the business is distinguished by its focus on providing solutions designed to enhance corporate value and resolve social issues

Business units (Group company)
GMO Aozora Net Bank
Main services
A technology bank that focuses on corporate customers An online-only bank established through a joint venture between Aozora Bank and the GMO Internet Group
Deliver significant convenience at a low cost by leveraging advanced IT technology Please refer to the GMO Aozora Net Bank, Ltd. website. (Japanese only)

Global market

Supporting the Group’s growth by leveraging our market functions

Business units	Main services
Market & International Business Unit └ Financial markets └ Overseas investments/lending	Market business Investments in securities/ALM Manage the Bank’s overall funding and investment operations Provide derivative products Meet customers’ hedging and investment needs International business Overseas corporate finance Collaboration with Tokyo by New York and London offices	Actively participate in the domestic and international interest rate, foreign exchange, equity, and credit markets; responsible for balancing the Group’s overall earnings and risk profile from a global perspective

Business units
Market & International Business Unit └ Financial markets └ Overseas investments/lending
Main services
Market business Investments in securities/ALM Manage the Bank’s overall funding and investment operations Provide derivative products Meet customers’ hedging and investment needs International business Overseas corporate finance Collaboration with Tokyo by New York and London offices
Actively participate in the domestic and international interest rate, foreign exchange, equity, and credit markets; responsible for balancing the Group’s overall earnings and risk profile from a global perspective

Investment opportunities

Customer-oriented deposit and wealth management business

Business units	Main services
Customer Relations Unit └ Deposit funding └ Wealth management business	Financial institutions and regional corporations Corporate deposits, syndicated loans, trust-based investment products Retail customers Online deposit service “BANK™,” Aozora Investment Management, and fund wraps	Provide investment opportunities to customers through our origination and distribution (O&D) capabilities, driven by close collaboration between the Strategic Investments Unit and our financial institutions and regional corporations sales teams We support our customers throughout their lives through both savings and investment services

Business units
Customer Relations Unit └ Deposit funding └ Wealth management business
Main services
Financial institutions and regional corporations Corporate deposits, syndicated loans, trust-based investment products Retail customers Online deposit service “BANK™,” Aozora Investment Management, and fund wraps
Provide investment opportunities to customers through our origination and distribution (O&D) capabilities, driven by close collaboration between the Strategic Investments Unit and our financial institutions and regional corporations sales teams We support our customers throughout their lives through both savings and investment services

For details, please refer to page 4 of the Annual Report 2026.

＜Breakdown of Net Revenue by Unit / Breakdown of Strategic Investments Unit Net Revenue＞

diagram

Totals do not match because net revenue includes gains/losses that are not attributable to particular units.

(As of July 2026)