Withdrawal of Shareholder Proposal to Mizuho Financial Group by Strategic Capital Co., Ltd.

We have entered into a discretionary investment agreement with INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP (hereinafter "the Fund"). The Fund and our company (hereinafter collectively referred to as "the Proposing Shareholders") are shareholders of Mizuho Financial Group, Inc. (hereinafter "the Company").

The Proposing Shareholders had submitted the following shareholder proposal to the Company for its upcoming Ordinary General Meeting of Shareholders in June. However, on May 15, Orient Corporation (hereinafter "Orico") released a timely disclosure stating that the shareholding ratio of Orico shares held by Mizuho Bank, a wholly owned subsidiary of the Company, is scheduled to decrease as of June 1, 2026.

Consequently, we have determined that there has been a significant change in the premise of the shareholder proposal we submitted to the Company, and have decided to withdraw the submitted shareholder proposal.

Agenda: Partial Amendment of the Articles of Incorporation (Consolidated Risk of Orient Corporation)

(Summary) Assuming Orico becomes a consolidated subsidiary of Mizuho FG, estimate the impact on RWA and other major indicators at least once per fiscal year, and disclose the assumptions and a summary of the results in the Corporate Governance Report.