【SBI Securities】Announcement of "DEALWATCH AWARDS 2025" Win

SBI Securities Co., Ltd. (Headquarters: Minato-ku, Tokyo; President: Masato Takamura) is pleased to announce that its lead-managed deals have won a total of three awards in the equity and bond categories at the "DEALWATCH AWARDS 2025," hosted by DealWatch, a member of the London Stock Exchange Group. In the equity category, ispace, Inc. was named "Equity Deal of the Year" for its public offering, where SBI Securities served as the lead manager. Additionally, SBI Shinsei Bank was named "IPO of the Year" for its relisting, with SBI Securities acting as joint lead manager. Furthermore, in the bond category, SBI Holdings, Inc. was named "Bond Issuer of the Year" for its bond issuance, underwritten and marketed by SBI Securities. The DEALWATCH AWARDS were established in 1995 to foster and expand Japan-related capital markets. Based on the vision of "further developing the domestic market into a major global market," the awards are selected based on a comprehensive evaluation of appropriate pricing in the primary market, price formation after moving to the secondary market, contribution to capital market development, and creativity. The 2025 DEALWATCH AWARDS consist of six categories: "Comprehensive," "Bond," "Local Government Bond," "Cross-border Bond," "Sustainable Finance," and "Equity." Going forward, based on the SBI Group's philosophy of "customer-centricity," we will continue to meet the diverse funding needs of issuers, provide attractive investment opportunities to individual and institutional investors, and contribute to the further development of Japan's capital markets. ■ Jury Comments 【Equity Category】 ispace Lead Manager: SBI Securities While there were few successful examples of public offerings including retail for loss-making companies after listing, they boldly raised growth capital against the backdrop of expectations for the space industry. Their ingenuity, such as conducting a third-party allotment to companies with business synergies in parallel, shone, and the stock price remained firm. SBI Shinsei Bank Lead Managers: Nomura Securities / SBI Securities / Mizuho Securities / Goldman Sachs / SMBC Nikko Securities / BofA Securities After delisting in 2023 and repaying public funds, they achieved a relisting with unprecedented speed. They fully communicated their rapid growth after coming under the umbrella of SBI Holdings and their appeal as a next-generation financial stock, successfully completing a massive IPO totaling 370.1 billion yen. The post-listing stock price was also firm. 【Bond Category】 SBI Holdings Lead Manager: SBI Securities They realized financing by introducing a domestic first scheme that simultaneously buys back existing bonds and issues new bonds to level the redemption ladder. They also tackled innovative methods, such as resolving liquidity issues for security token bonds for retail investors.