Sumitomo Mitsui Trust : Notice regarding Change of Officers and Their Responsibilities in the Sumitomo Mitsui Trust Group

To whom it may concern

February 27, 2017

Sumitomo Mitsui Trust Holdings, Inc. Sumitomo Mitsui Trust Bank, Limited

Sumitomo Mitsui Trust Holdings, Inc. (President: Kunitaro Kitamura, hereinafter "SuMi TRUST Holdings") hereby announces the change of officers and their responsibilities in the Sumitomo Mitsui Trust Group as described on the attached sheets.

The change of officers in SuMi TRUST Holdings is subject to the resolution of its general meeting of shareholders and its board of directors meeting to be held. The change of officers in Sumitomo Mitsui Trust Bank, Limited (hereinafter "SuMi TRUST Bank") is subject to the resolutions of its general meeting of shareholders and its board of directors meeting to be held. The change of officers in affiliate companies of the Sumitomo Mitsui Trust Group is subject to the resolutions of their general meetings of shareholders and their boards of directors meetings to be held.

1. Preferment (As of April 1, 2017 (planned))

   New Position	Name	Current Position
   President (Representative Director)	Tetsuo Ohkubo	Deputy President (Representative Director) of SuMi TRUST Holdings, Deputy President (Representative Director) of SuMi TRUST Bank
   Deputy President Executive Officer	Yukihiro Kitano	Senior Managing Executive Officer of SuMi TRUST Holdings, Senior Managing Executive Officer of SuMi TRUST Bank
   Director, Senior Managing Executive Officer	Yoshiaki Koshimura	Director, Managing Executive Officer of SuMi TRUST Holdings, Director, Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Tadashi Nishimura	Managing Executive Officer of SuMi TRUST Holdings, Director, Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Yutaka Nishida	Managing Executive Officer of SuMi TRUST Holdings, Director, Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Jiro Araumi	Managing Executive Officer of SuMi TRUST Holdings, Director, Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Masahiro Tsuchiya	Managing Executive Officer of SuMi TRUST Holdings, Director, Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Toru Takakura	Managing Executive Officer of SuMi TRUST Holdings, Director, Managing Executive Officer of SuMi TRUST Bank
   Managing Executive Officer	Toshio Masui	Executive Officer of SuMi TRUST Holdings, Executive Officer of SuMi TRUST Bank
   Managing Executive Officer	Kazuya Oyama	Executive Officer of SuMi TRUST Holdings, Executive Officer of SuMi TRUST Bank

2. Newly Appointed (As of April 1, 2017 (planned))

   New Position	Name	Current Position
   Deputy President Executive Officer	Tsuyoshi Saito	Senior Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Akihiko Shirayama	Senior Managing Executive Officer of SuMi TRUST Bank
   Senior Managing Executive Officer	Tadao Umezawa	Managing Executive Officer of SuMi TRUST Bank
   Managing Executive Officer	Yasumi Nose	Managing Executive Officer of SuMi TRUST Bank

   Managing Executive Officer	Atsushi Kaibara	Managing Executive Officer of SuMi TRUST Bank
   Managing Executive Officer	Akira Yokota	Executive Officer of SuMi TRUST Bank
   Managing Executive Officer	Kengo Noguchi	Managing Executive Officer of SuMi TRUST Bank
   Executive Officer	Toshiaki Nakano	General Manager of Planning and Coordination Department of SuMi TRUST Holdings, General Manager of Planning and Coordination Department of SuMi TRUST Bank

3. Change in Position (As of April 1, 2017 (planned))

   New Position	Name	Current Position
   Director (Representative Director)	Kunitaro Kitamura	President (Representative Director) of SuMi TRUST Holdings, Chairman (Representative Director) of SuMi TRUST Bank
   Director	Nobuo Iwasaki	Deputy President (Representative Director) of SuMi TRUST Holdings, Deputy President (Representative Director) of SuMi TRUST Bank
   Director	Rikiya Hattori	Deputy President (Representative Director) of SuMi TRUST Holdings, Deputy President (Representative Director) of SuMi TRUST Bank
   Executive Officer	Masaru Hashimoto	Deputy President Executive Officer of SuMi TRUST Holdings, Deputy President (Representative Director) of SuMi TRUST Bank

4. Retirement (As of March 31, 2017)

1. Newly Appointed (As of the date of ordinary general meeting of shareholders to be held in June 2017)

   New Position	Name	Position as of April 1, 2017
   Director	Hiroshi Misawa	Corporate Advisor of SuMi TRUST Bank
   Director (*) (External Director)	Isao Matsushita	Senior Executive Advisor of JX Holdings, Inc. Outside Director of Matsumotokiyoshi Holdings Co., Ltd. Outside Director of INPEX CORPORATION

   (*) Mr. Isao Matsushita is the candidate for external director set forth in Article 2, Paragraph 3, Item 7 of the Ordinance for Enforcement of the Companies Act.

   The external directors and member of each committee after transition to a company with 3 committees will be announced separately.

   New Position	Name	Position as of April 1, 2017
   Director, Senior Managing Executive Officer	Jiro Araumi	Senior Managing Executive Officer of SuMi TRUST Holdings, Director, Senior Managing Executive Officer of SuMi TRUST Bank
   Director, Senior Managing Executive Officer	Toru Takakura	Senior Managing Executive Officer of SuMi TRUST Holdings, Director, Senior Managing Executive Officer of SuMi TRUST Bank
   Director, Executive Officer	Masaru Hashimoto	Executive Officer of SuMi TRUST Holdings, President (Representative Director) of SuMi TRUST Bank
   Director	Yasuyuki Yagi	Senior Corporate Auditor of SuMi TRUST Holdings
   Director (Newly appointed)	Hiroshi Misawa	Corporate Advisor of SuMi TRUST Bank
   Director (*) (External Director) (Newly appointed)	Isao Matsushita	Senior Executive Advisor of JX Holdings, Inc. Outside Director of Matsumotokiyoshi Holdings Co., Ltd. Outside Director of INPEX CORPORATION

2. Appointed Director (As of the date of ordinary general meeting of shareholders to be held in June 2017)

(*) Mr. Isao Matsushita is the candidate for external director set forth in Article 2, Paragraph 3, Item 7 of the Ordinance for Enforcement of the Companies Act.