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More than 50% of people say finances are causing stress, anxiety or feelings of depression LOS ANGELES, June 24, 2024 – Jenius Bank, the digital banking division of SMBC MANUBANK and a member of the SMBC Group, today unveiled the findings of its new survey, The Mind-Money Connection: How Managing Your Finances Can Make You Happier, revealing the tangible ways consumers’ financial situations intertwine with our mental health and wellbeing. The report, which surveyed more than 4,000 U.S. consumers*, comes as Americans face a wave of significant financial hurdles, from persistent inflation to rising debt to the increasing uncertainty of retirement. As the data shows, financial pressures – among many others – are causing stress and anxiety that may impact nearly every facet of people’s lives, from their relationships to their physical health to plans for the future. “We’re deeply invested in identifying ways to help Jenius Bank customers feel more secure with better products and resources that help minimize or alleviate common financial stressors,” said John Rosenfeld, President of Jenius Bank. The report reveals what respondents believe it means to live richer lives in 2024, how financial stress manifests, and the ways in which these consumers receive and seek out financial advice. In the past, being “rich” might have been described as splurging on fancy cars and lavish homes, but in 2024, the true meaning of living a rich life reflects a new way of thinking about finances: Richness, Defined: Not having financial debt (33.4%), retiring early without concern of running out of funds (33.1%), and establishing generational wealth (27.8%) were the top definitions of “rich” among those surveyed. Wealth Perception Gap: Most respondents (80%) do not consider themselves rich, but 32% said others consider them to be, indicating they don’t see themselves as affluent as others may perceive them. How Financial Stress Manifests: Over 50% of respondents say finances make them stressed and cause anxiety and/or feelings of depression, also reporting loss of sleep (52.8%), feelings of guilt or hopelessness (41.4%), regular headaches (32%), and strained relationships with friends/family (30.1%). The Ripple Effect of Financial Stress: Approximately 1 in 4 respondents said financial concerns have impacted their decision to have children, 36.2% would consider moving to a less expensive new location because of them, and 55% of unmarried respondents say they’re less likely to get married due to their financial worries. Seeking out Financial Advice: Social media is increasingly influential, with 20% of respondents participating in viral money management trends such as “quiet luxury” and “loud budgeting.” Additionally, 65.7% of that cohort reported improved feelings about their finances from participating in these trends. "When you feel financially secure, it helps to boost your confidence and peace of mind. On the flip side, financial stress may take a heavy toll on your mental and emotional health,” said Julie Guntrip, Head of Financial Wellness at Jenius Bank. “It's crucial for banks to recognize this connection between financial and mental wellbeing, and that starts with ensuring consumers have the knowledge they need to help live richer lives." To read more insights from The Mind-Money Connection report, and for tips on how to build confidence and practice better financial hygiene, visit www.jeniusbank.com/mind-money-connection. To learn more about Jenius Bank, go to www.jeniusbank.com/. *Methodology The survey collected responses from 4,025 United States residents between the ages of 25 and 55. Approximately 2,012 respondents (one-half) fell between the ages of 29 and 44, or the “Millennial” generation. Each respondent reported an annual household income (HHI) of $100,000 or higher. The survey was conducted online via Propeller Insights, a full-service market research company. Propeller Insights facilitated the recruitment of the participants, deployment of the survey and collection and delivery of the raw data. Data collection began on April 2, 2024 and concluded on April 9, 2024. Any data collected is solely utilized for the purposes outlined in the agreement between Jenius Bank and Propeller Insights. This survey recognizes certain limitations in its design (such as question wording) and data collection methodologies (such as practical difficulties in conducting surveys). While we have employed robust techniques to ensure accuracy, it is important to note that all survey research may involve unmeasured variables and errors that could influence the outcomes. About Jenius Bank Jenius Bank has a mission to help people live a richer life through actionable insights and innovative tools powered by first class technology. Jenius Bank currently offers personal loans and high-yield savings accounts, with a mobile app launching in the coming months. Jenius Bank is the digital division of SMBC MANUBANK, a California state-chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group. To learn more information about Jenius Bank, visit www.jeniusbank.com. About SMBC Group SMBC Group is a top-tier global financial group headquartered in Tokyo. With a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. SMBC Group has more than 140 offices and 86,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges. As of December 31, 2022, its total assets were $1.99 trillion. In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by its capital strength and the value of its relationships in Asia, SMBC Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. SMBC Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. For more information, please visit www.smbcgroup.com. About SMBC MANUBANK SMBC MANUBANK is a wholly owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group—a global leader in finance and innovation. SMBC MANUBANK delivers tailored financial solutions, combined with first-class technology and a client-first service model. Our trusted advisors bring decades of commercial banking experience in diversified industries and specialty banking. SMBC MANUBANK’s digital division, Jenius Bank™, offers consumers tools and insights to better manage their personal finances and grow wealth. Headquartered in Los Angeles, California, SMBC MANUBANK also has offices in Beverly Hills, Brea, Encino, Glendale, Newport Beach, San Jose, and Torrance. For more information, visit www.smbcmanubank.com. Press Contact: SourceCode Communications jeniusbank@sourcecodecomms.com Jenius Bank is a member of SMBC MANUBANK. Member FDIC.

The new digital banking division of SMBC MANUBANK hits milestone by deeply understanding consumers’ needs and empowering them with a market-leading rate LOS ANGELES, May 28, 2024 – Jenius Bank™ the new digital division of SMBC MANUBANK, a wholly-owned subsidiary of SMBC Americas Holdings, Inc., hit a milestone last week, reaching $1 billion in deposits for its high-yield savings product. Currently offering a market-leading rate of 5.25% APY, the Jenius Savings product is designed to empower customers to take control of their financial future and achieve their financial goals with greater ease and flexibility. Jenius Bank’s digital banking business launched in the summer of 2023 and has experienced growth across both its products currently in market. Reaching $1 billion in deposits and over $700 million in loans, all before Jenius Bank’s first anniversary, clearly illustrates that consumer preferences are evolving, and the financial services industry needs to evolve with them. "The overwhelming response to our savings product reaffirms our belief that consumers are increasingly seeking innovative banking solutions that offer convenience, security and competitive returns,” said John Rosenfeld, President of Jenius Bank. “We remain dedicated to empowering our customers on their financial journeys by leveraging consumer research to deliver stress-free products designed for their evolving needs." Americans that are not taking advantage of a High-Yield Savings Account (HYSA) like Jenius Savings, are missing out on billions of dollars they could be earning with a better rate. That lack of financial optimization could be causing consumers unnecessary stress. Jenius Bank is dedicated to helping advance consumers’ financial and life goals, reducing stress with every product offering. “Jenius Bank’s portfolio is a cornerstone of our strategic vision for SMBC's long-term roadmap,” said Hirofumi Otsuka, CEO of SMBC Americas Division. “This new U.S. consumer business is a testament to SMBC’s commitment to driving sustainable growth, diversifying our business, and creating exceptional products that meet the needs of the modern-day consumer." With a startup mindset and a rich banking history, Jenius Bank aims to continue providing consumers with the tools they need to live a richer life. Currently, Jenius Bank offers both a savings and personal loan product, with plans to expand its products and features in the future. To learn more about Jenius Savings and Personal Loan options, please visit jeniusbank.com. About Jenius Bank Jenius Bank has a mission to help people live a richer life through actionable insights and innovative tools powered by first class technology. The bank currently offers personal loans and high-yield savings accounts, with a mobile app launching in the coming months. Jenius Bank is the digital division of SMBC MANUBANK, a California state-chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group. To learn more information about Jenius Bank, visit www.jeniusbank.com. About SMBC Group SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 86,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges. In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Rail Services LLC, SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. For more information, please visit www.smbcgroup.com. About SMBC MANUBANK SMBC MANUBANK is a wholly owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group—a global leader in finance and innovation. SMBC MANUBANK delivers tailored financial solutions, combined with first-class technology and a client-first service model. Our trusted advisors bring decades of commercial banking experience in diversified industries and specialty banking. SMBC MANUBANK’s digital division, Jenius Bank™, offers consumers tools and insights to better manage their personal finances and grow wealth. Headquartered in Los Angeles, California, SMBC MANUBANK also has offices in Beverly Hills, Brea, Encino, Glendale, Newport Beach, San Jose, and Torrance. For more information, visit www.smbcmanubank.com. Press Contact: SourceCode Communications jeniusbank@sourcecodecomms.com Jenius Bank is a division of SMBC MANUBANK. Member FDIC.

Tailored specifically to meet consumer demand, Savings marks the digital bank’s latest offering in a roster of upcoming new services  LOS ANGELES, November 7, 2023 - Jenius Bank™,  is the digital division of SMBC MANUBANK, a California state-chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group, announced the launch of its latest offering - the Jenius Bank Savings Account. This new product, which comes to market following the recent launch of Jenius Bank Personal Loans, is designed to empower customers to achieve their financial goals with greater ease and flexibility.   According to the Wall Street Journal, Americans are missing out on billions they could be earning with a better rate. With such an overwhelming consumer gap, Jenius Bank used its extensive and ongoing consumer research program to understand what a new savings product could do to help advance consumers’ financial and life goals and reduce stress.   As a result, Jenius Bank is offering a market-leading rate, ensuring that customers' hard-earned money grows at an accelerated pace. ​​    Key features of the Jenius Savings Account, in addition to the ​​market-leading rate, include:    ​​​No Minimum Balance Requirement: Customers can grow their savings on their terms.  Accounts can be opened with as little or as much as they want.   FDIC Insured Funds: To prioritize the safety and security of customer funds, deposits are FDIC insured up to the maximum allowable by law.  Deposits at Jenius Bank and SMBC MANUBANK are combined for the purpose of calculating FDIC insurance limits.  Around-the-Clock Customer Service: Jenius Bank’s customer service is 100% digital for those who prefer it, and 100% human when customers want it, providing 24/7 access to U.S based customer care, by phone or online chat.   No fees: Unlike other banks, savings accounts through Jenius Bank will not have any fees.  No monthly, withdrawal, inactivity, overdraft, account opening or closing, or excessive transaction fees, enabling customers to save even more.   Continuous Fraud Monitoring: Customers can rest easy knowing that Jenius Bank monitors against fraud day and night, all year.    "Jenius Bank’s goal isn’t to create just another savings account option. We wanted to put something in-market that truly addressed the top needs of consumers in today’s climate,” said John Rosenfeld, President of Jenius Bank. "We’ll continue to take this approach in developing the rest of our product suite as a further commitment to giving our customers the tools they need to empower themselves with smarter banking to create a richer life for themselves."  This launch comes just months after Jenius Bank’s inaugural launch of personal loans, demonstrating the rapid growth the new digital bank is experiencing. The Jenius Bank Savings Account is available to both existing and new customers, and they can open an account at www.jeniusbank.com.    “We’re committed to crafting all of our products with great consideration for the insights we receive from our consumer research, and this savings launch is no exception,” says Andrew Harris, Managing Director and Head of Product at Jenius Bank. “From the early days of development, we understood the need for competitive rates and flexibility needed in a savings account, and will continue to prioritize our consumer insights to inspire features for future rollouts.”  To learn more about Jenius Bank Savings and Personal Loan options, please visit www.jeniusbank.com.    About Jenius Bank   Now open to customers, Jenius Bank has a mission to help people live a richer life through actionable insights and innovative tools powered by best-in-class technology. The bank currently offers personal loans and a savings product, with a mobile app launching in the coming months. Jenius Bank is the digital division of SMBC MANUBANK, a California state-chartered commercial bank that is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group. The Jenius Bank team works primarily remotely ​​with employees in 39 states, but also maintains offices for team collaboration in Phoenix, Arizona; Los Angeles, California; New York, New York; and Charlotte, North Carolina. To learn more information about Jenius Bank, visit www.jeniusbank.com.   ​​​About SMBC Group  SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 150 offices and 86,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and ADRs on the New York (NYSE: SMFG) stock exchanges.    In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Rail Services LLC, SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd. For more information, please visit www.smbcgroup.com.  About SMBC MANUBANK  Founded in 1962, SMBC MANUBANK is a California state-chartered commercial bank based in Los Angeles and is a wholly-owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group. SMBC MANUBANK serves the specialized needs of middle-market businesses, manufacturers, wholesalers, distributors, importers, exporters, and service companies. For more information, please visit www.mbmanubank.com.  This document may contain forward looking statements, which may include projections, forecasts, income estimates, yield or return, future performance targets, or similar analysis. Any such forward-looking statements, prices, indices, or measures are based upon certain assumptions. All forward-looking statements are based on the information available at the time the document was prepared, and Jenius Bank is not obligated to provide an update. Actual events may differ from those assumptions or available information. Any opinions, projections, price/yield information or estimates are subject to change without notice. There can be no assurance that any estimated returns or projections will be realized, that forward-looking statements will materialize, or that actual results will not be materially different from those presented herein. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. The value, price or income from transactions or strategies may fall as well as rise.   Press Contact:  Bianca Repasi  SourceCode Communications   jeniusbank@sourcecodecomms.com