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SBI LY HOUR Bank, one of the fastest growing commercial banks in the Kingdom, received a licence from the National Bank of Cambodia for cross border money transfers utilising distributed ledger technologies (RippleNet), to provide safe, fast and convenient services. SBI LY HOUR Bank is the first commercial bank to get approval to utilise block-chain technology for international fund transfers. Customers have traditionally needed to wait two or three days to send or receive funds outside the country. With the new DLT technology, customers are able to send or receive funds in real-time safely and conveniently. Currently, customers are able to send money via SBI LY HOUR Bank to Vietnam, and the receiver can receive the money within an hour. SBI LY HOUR Bank will explore new markets to serve customer demand. DLT allows clients to securely verify, execute and record their own transactions without relying on an intermediary. Transactions are executed faster while ensuring safety and transparency. SBI LY HOUR Bank CEO Soeurng Uth said: “To have such real-time and low-cost money transfers, the new service absolutely benefits the Cambodian people. Customers will be able to quickly transfer out via our bank partnerships. This connection allows customers who have a Bakong account – the mobile payment system initiated by National Bank of Cambodia – to instantly make fund transfers into their account.” SBI LY HOUR Bank strives to introduce new banking technologies into the Kingdom to serve Cambodians and build human resources capacity by absorbing new technological platforms and transformations. About SBI LY HOUR Bank: www.sbilhbank.com.kh. SBI LY HOUR Bank Plc. is a subsidiary of SBI Holdings (http://www.sbigroup.co.jp) which was established in July 8, 1999 and is a listed company in the Tokyo Stock Exchange (the “Group”). The Group which headquarters in Tokyo, Japan currently has more than 300 companies over 22 countries and regions in the globe. The Group globally operates business in particular segments such as financial services, asset management, biotechnology, healthcare and medical informatics and others. As of the end of March 2021, the Group has consolidated total assets of USD65.1 billion, total paid-in capitals of USD891.70 million, and total revenues of USD4.89 billion. The Group is building a stronger corporate organisation by pursuing and exercising “synergies” through effective utilisation of management resources and organic coordination of business know-how within the Group. For further information, please contact: SBI LY HOUR Bank Plc on 855-12 862 821.

Phnom Penh, 7th May 2021: SBI LY HOUR Bank Plc., (Head office: Phnom Penh, hereafter “SBI LY HOUR Bank”) and Tien Phong Commercial Joint Stock Bank (Head office: Hanoi, hereafter “TPBank”) have started the first Cambodia-Vietnam money transfer service in real currency by utilizing RippleNet, provided by SBI Ripple Asia Co., Ltd (Head office: Tokyo, hereafter “SBI Ripple Asia”), to provide a safe, fast and convenient services. SBI LY HOUR Bank is one of the local fast moving commercial banks in Cambodia, initially operating financial services to customers after obtaining a microfinance license in 2012. Seeing its organization potential growth, SBI LY HOUR Bank applied for the commercial bank license from the National Bank of Cambodia and obtained the license in March 2020. Even though there is a recent global impact from Covid-19, SBI LY HOUR Bank is still moving forward to fill the demand of urban and rural people with low and middle income. As of the end of April 2021, SBI LY HOUR Bank has 45 branches within 25 provinces nationwide. Mr. Soeurng Uth, CEO of SBI LY HOUR Bank, expressed that “SBI LY HOUR Bank is happy to cooperate with TPBank, which the SBI Holdings invested in. It absolutely benefits the Cambodian people to have such a real-time and low-cost money transfer. The customers would be able to quickly transfer out via our bank partnerships. Interestingly, this connection allows customers who have Bakong Account, which is a mobile payment system initiated by National Bank of Cambodia, to instantly make fund transfer from the account directly to our Ripple Service. Besides the benefit to our customers, it’s a good opportunity to enlarge local resource capacity by absorbing new technology platforms and transformations.” Nguyen Hung, CEO of TPBank, stated as follows: “Our cooperation with SBI LY HOUR Bank on the application of blockchain technology in cross border money transfers marks a new milestone for enhancing our customer experience and makes international money transfers via TPBank faster, more convenient and safer than ever before. As one of TPBank’s shareholders, SBI Holdings, which is a financial leader actively investing in a wide variety of technologies including fintech, AI and blockchain as well as a pioneer in diverse financial services, provides significant support for TPBank in cross border money transfers. Transactions are executed faster while ensuring safety and transparency and cash flows will still be legally transferred via foreign banks to Vietnam. At TPBank, transactions are ensured to comply with all domestic and foreign regulations including anti-money laundering.” Adam Traidman, CEO of SBI Ripple Asia, stated as follows: “The booming Cambodian economy is one of the most attractive markets around the world. SBI LY HOUR Bank has achieved steady business success. The adoption of new technology will further differentiate the bank from its competitors. We will expand our collaboration to include digital asset based on remittance services in the future.” § About SBI LY HOUR Bank: www.sbilhbank.com.kh. SBI LY HOUR Bank Plc. is a subsidiary of SBI Holdings (http://www.sbigroup.co.jp) which was established in July 8, 1999 and is a listed company in the Tokyo Stock Exchange (the “Group”). The Group which headquarters in Tokyo, Japan currently has more than 300 companies over 22 countries and regions in the globe. The Group globally operates business in particular segments such as Financial Services, Asset Management, Biotechnology, Healthcare & Medical Informatics and others. As of the end of March 2021, the Group has consolidated Total Assets of USD 65.1 Billion, Total Paid-in Capitals of USD 891.70 Million, and Total Revenues of USD 4.89 Billion. The Group is building a stronger corporate organization by pursuing and exercising “synergies” through effective utilization of management resources and organic coordination of business know-how within the Group. § About TPBank: https://tpb.vn/eng/ve-tpbank. TPBank is a Vietnamese commercial bank established in May 2008. The Group has invested in the company in August 2009, owning a 19.9% of shares. The bank uses advanced technology to increase loan balances, particularly in the retail sector. Its market capitalization touched over USD 1.29 billion at the end of March 2021. § About SBI Ripple Asia: https://ripple.com/sbi-ripple-asia/. SBI Ripple Asia was jointly established by SBI Holdings and Ripple Labs Inc. in May 2016 to provide a settlement platform based on RippleNet for customers in the Japan-centric Asian region. § About RippleNet: RippleNet is a financial infrastructure that leverages blockchain and XRP to deliver innovative solutions to a global network of partners. It is both decentralized and standardized. This innovation enables RippleNet to work without the overhead and constraints of legacy providers’ offerings, and to move money with the same speed and efficiency that information moves today. For further information, please contact: · SBI LY HOUR Bank Plc. (855)12 862 821