Sumitomo Mitsui Trust : Determination of Certain Terms and Conditions of Stock Options (Share Acquisition Rights)

To whom it may concern,

July 31, 2017

Sumitomo Mitsui Trust Holdings, Inc. (Securities Code: 8309 TSE, NSE)

Sumitomo Mitsui Trust Holdings, Inc. (Director, President: Tetsuo Ohkubo; hereinafter "SuMi TRUST Holdings") hereby announces that, with respect to the stock options (Sumitomo Mitsui Trust Holdings, Inc., Seventh series Share Acquisition Rights ("Share Acquisition Rights")) to be issued to the directors (excluding members of the Audit Committee and external directors) and executive officers of SuMi TRUST Holdings, and the directors (excluding external directors) and executive officers of Sumitomo Mitsui Trust Bank, Limited (hereinafter "SuMi TRUST Bank"), which is a subsidiary of SuMi TRUST Holdings, as resolved at the board of directors' meeting held on June 29, 2017, the matters remaining undetermined have been determined as follows:

1. Total number of Share Acquisition Rights 613 rights

2. Amount to be paid-in for Share Acquisition Rights

   The amount to be paid-in per Share Acquisition Right upon its allotment: 387,000 yen (3,870 yen per share)

   Any person who is allotted a Share Acquisition Right shall, instead of paying the amount to be paid-in, offset the payment with his/her remuneration claim that he/she has against SuMi TRUST Holdings.

3. Allottees of Share Acquisition Rights, number of allottees, and number of Share Acquisition Rights to be allotted

End.

For further information, please contact:

IR Department, Sumitomo Mitsui Trust Holdings, Inc. Telephone: +81-3-3286-8354

Facsimile: +81-3-3286-4654