May 28, 2026
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| Company: |
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Mizuho Financial Group, Inc. |
| Representative: |
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Masahiro Kihara, President & Group CEO |
| Head Office: |
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1-5-5 Otemachi, Chiyoda-ku, Tokyo |
| Stock code: |
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8411 |
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(Tokyo Stock Exchange Prime Market) |
Receipt of Document Regarding Withdrawal of Shareholder Proposal
and Matters to Be Submitted to the 24th Ordinary General Meeting of Shareholders
Mizuho Financial Group, Inc. (President & Group CEO: Masahiro Kihara) announced in its press release dated May 15,
2026, entitled “Opinion of Mizuho’s Board of Directors on Shareholder Proposal,” that it had received a shareholder proposal (the “Shareholder Proposal”) regarding the agenda of its 24th Ordinary General Meeting of Shareholders scheduled to be held on June 26, 2026 (the “General Meeting of Shareholders”), and also announced in the press release the opinion of its
Board of Directors on the Shareholder Proposal. However, Mizuho has subsequently received from the proposing shareholders a document dated May 27, 2026 (the “Document”) to the effect that they are withdrawing the Shareholder Proposal.
Mizuho hereby announces that, at its Board of Directors meeting held today, it has resolved to consent to the withdrawal of the Shareholder Proposal and to partially amend the matters to be resolved at the General Meeting of Shareholders.
1. Proposing Shareholders
Joint
proposal by two shareholders
2. Agenda Item Related to the Withdrawn Shareholder Proposal
Partial amendment to the Articles of Incorporation (Risks associated with the consolidation of Orient Corporation)
3. Reason for Withdrawal
(The
text was reproduced exactly as it appears in the Document.)
In a timely disclosure issued by Orient Corporation (“Orico”) on
May 15, 2026, we have confirmed that the shareholding ratio by Mizuho Bank, Ltd. in Orico has decreased.
In light of this, we have
determined that there has been a significant change in the basis for the shareholder proposal, and we therefore wish to withdraw the shareholder proposal.
Please note that while we posted the convocation notice for the General Meeting of Shareholders, dated May 28, 2026, on our website and the TSE website,
due to various procedural requirements, the convocation notice does not reflect the above-mentioned withdrawal of the Shareholder Proposal and our consent thereto (*1)(*2).
(*1) Specifically, the proposal titled “Proposal 2: Partial amendment to the Articles of Incorporation (Risks associated with the consolidation of Orient
Corporation)” has been withdrawn.
(*2) Similarly, the convocation notice for the General Meeting of Shareholders and the materials for the exercise
of voting rights to be sent to our shareholders do not reflect the above-mentioned withdrawal of the Shareholder Proposal and our consent thereto.
Additionally, we respectfully request that you exercise your voting rights on Proposal 1: Appointment of fourteen (14) directors, as proposed by us.