Sumitomo Mitsui Financial : Notice of Convocation of the 19th Ordinary General Meeting of Shareholders (508KB) (27pages)

This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Sumitomo Mitsui Financial Group, Inc. assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

(Translation)

Securities Code 8316

June 8, 2021

To Shareholders with Voting Rights

Jun Ohta Director President

Sumitomo Mitsui Financial Group, Inc.

1-2, Marunouchi 1-chome,Chiyoda-ku, Tokyo, Japan

NOTICE OF CONVOCATION OF

THE 19th ORDINARY GENERAL MEETING OF SHAREHOLDERS

Dear Shareholders:

The 19th Ordinary General Meeting of Shareholders of Sumitomo Mitsui Financial Group, Inc. (the "Company") will be held as stated below. Shareholders are kindly requested to refrain from attending the meeting in person as much as possible to prevent the spread of the coronavirus disease (COVID-19). Please review the "Reference Documents for the General Meeting of Shareholders" and exercise your voting rights by post or via the Internet based on the instructions on page 3.

Particulars

1. Date and Time:
2. Place:
3. Agenda of the Meeting: Matters to be reported:
   Proposals to be resolved: Proposal No. 1: Proposal No. 2: Proposal No. 3:

10:00 a.m. on Tuesday, June 29, 2021 (Japan time)

Head Office of the Company (Sumitomo Mitsui Banking Corporation Head Office Building) at 1-2, Marunouchi 1-chome,Chiyoda-ku, Tokyo, Japan

1. Business Report, Consolidated Financial Statements for the 19th Fiscal Year (from April 1, 2020 to March 31, 2021) and results of the audit of the Consolidated Financial Statements by the Accounting Auditor and the Audit Committee
2. Non-ConsolidatedFinancial Statements for the 19th Fiscal Year (from April 1, 2020 to March 31, 2021)

Appropriation of Surplus

Election of Fifteen Directors

Partial Amendments to the Articles of Incorporation

The Business Report, Consolidated Financial Statements, Non-Consolidated Financial Statements, official copies of the Accounting Auditor's reports and the Audit Committee's report to be provided to shareholders upon notice of the Ordinary General Meeting of Shareholders are as stated in the attached "Business Report for the 19th Fiscal Year."

"Matters regarding Stock Acquisition Rights, etc. of the Company," "System to Ensure Appropriate Conduct of Operations," "Matters regarding Specified Wholly Owned Subsidiary," "Policy regarding the Exercise of Authority Given to the Board of Directors under the Articles of Incorporation pursuant to Paragraph 1, Article 459 of the Companies Act" in the Business Report, the notes to the Consolidated Financial Statements, the notes to the Non-Consolidated Financial Statements and the official copies of the Accounting Auditor's Report on the Consolidated Financial Statements are available on the Company's website (https://www.smfg.co.jp) in accordance with laws, regulations, and Article 25 of the Articles of Incorporation, and therefore are not included in "Business Report for the 19th Fiscal Year."

The Consolidated Financial Statements and the Non-Consolidated Financial Statements contained in "Business Report for the 19th Fiscal Year" are part of the Consolidated Financial Statements and the Non-Consolidated Financial Statements that were subject to audit by the Accounting Auditor for the purpose of the Independent Auditors' Report.

The Business Report, the Consolidated Financial Statements and the Non-Consolidated Financial Statements contained in "Business Report for the 19th Fiscal Year" are part of the Business Report, the Consolidated

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Financial Statements and the Non-Consolidated Financial Statements that were subject to audit by the Audit Committee for the purpose of the Audit Report.

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If the Reference Documents for the General Meeting of Shareholders, the Business Report, the Consolidated Financial Statements, and the Non-Consolidated Financial Statements are amended, the amended items will be announced on the Company's website (https://www.smfg.co.jp).

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【Guidance on the Exercise of Voting Rights】

Exercise of Voting Rights via the Internet

Voting Deadline: No later than 5:10 p.m. on Monday, June 28, 2021 (Japan time) Please log-in to the voting website (https://www.web54.net) managed by our share register agent and indicate your approval or disapproval for each proposal no later than the above voting deadline, following the instructions on the screen.

How to log-in via QR Code:

How to log-in using Login ID and Password:

Please scan the enclosed "Voting Rights Exercise Website Login QR Code for Smartphones" printed on the Voting Rights Exercise Form.

Note: For the second and subsequent scans, you will be required to enter your login ID and password.

Please access the above voting website and enter the login ID and password printed on the Voting Rights Exercise Form.

Please be advised that there are system constraints for security purposes. For further information, please contact Web Support at the telephone number below.

Inquiries regarding Exercise of Voting Rights via the Internet:

Sumitomo Mitsui Trust Bank, Limited

Stock Transfer Agency Web Support

Phone: [phone] (toll free within Japan)

Hours: 9:00 a.m. to 9:00 p.m. (Japan time)

Notes

• If you vote more than once via the Internet, your last vote will be treated as effective.
• If you vote both by post and via the Internet, your vote via the Internet will be treated as effective.
• Any access fees including, but not limited to, internet service providers, communications fees to communications carriers and other fees for use of the website for voting shall be borne by shareholders.
• The above voting website is available in Japanese only.

【The Electronic Voting Platform for Institutional Investors】

The Electronic Voting Platform, operated by ICJ, Inc., is available for institutional investors that have applied in

advance to use the platform.

Exercise of Voting Rights by Post

Voting Deadline: Voting Rights Exercise Form must reach our share register agent no later than 5:10 p.m. on Monday, June 28, 2021 (Japan time).

Please indicate your approval or disapproval of each proposal on the enclosed Voting Rights Exercise Form and return it by post to reach our share register agent no later than the above voting deadline. Please use the enclosed personal information security sticker.

• If you attend the Ordinary General Meeting of Shareholders in person, please present the enclosed Attendance Sheet at the reception desk without detaching the Voting Rights Exercise Form on arrival at the meeting.

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Reference Documents for the General Meeting of Shareholders

Proposals, Reasons and References

Proposal No. 1: Appropriation of Surplus

The Company's capital policy is to realize sustainable growth in shareholder value by balancing securing financial soundness, enhancing shareholder returns and investing for growth. Considering this policy, economic and financial climates forecasted for the future, and business results for the 19th fiscal year, we propose the dividend of surplus at the end of the fiscal year as described below.

It should be noted that we do not propose any other appropriation of surplus.

1. Dividend type Cash
2. Allocation of dividend and aggregate amount to be distributed

Common stock

¥95 per share

Total ¥130,190,637,105

As we have already paid an interim dividend of ¥95 per share of Common stock, the annualized dividend will be ¥190 per share, the same amount as in the preceding fiscal year.

1. Effective date of dividend of surplus June 30, 2021

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Proposal No. 2: Election of Fifteen Directors

Mr. Haruyuki Nagata has already resigned from his post as Director, and the terms of office of all fourteen Directors will expire at the conclusion of the meeting. Accordingly, on this occasion, the election of the following fifteen Directors (seven of whom will be Outside Directors) is proposed.

The candidates to serve as Directors, based on the decision of the Nominating Committee, are as follows.

			Attendance of the
Candidate	Name	Positions and responsibilities at the Company	Board of Directors
No.	meeting
			(attendance rate)
	Takeshi Kunibe	Chairman of the Board	Attended all 10
1	Member of the Nominating Committee	meetings
(Reelection)
	Member of the Compensation Committee	(100%)
		Director	Attended all 10
	Jun Ohta	President (Representative Corporate Executive Officer)
2	meetings
(Reelection)	Group CEO
	(100%)
		Member of the Compensation Committee
	Makoto Takashima		Attended all 10
3	Director	meetings
(Reelection)
		(100%)
		Director
		Senior Managing Corporate Executive Officer
	Toru Nakashima	Group CFO, Group CSO	Attended all 10
4	Officer in charge of Public Relations Department,	meetings
(Reelection)
	Corporate Planning Department, Business Development	(100%)
		Department, and Financial Accounting Department
		Member of the Risk Committee
		Senior Managing Corporate Executive Officer
	Teiko Kudo	Group CRO
5	Officer in charge of Corporate Risk Management	-
(New Candidate)
	Department, Risk Management Department, Americas
		Division, and Credit & Investment Planning Department
	Atsuhiko Inoue	Director	Attended all 10
6	meetings
(Reelection)	Member of the Audit Committee
	(100%)
7	Toshihiro Isshiki	Senior Managing Executive Officer	-
(New Candidate)
8	Yasuyuki Kawasaki	-	-
	(New Candidate)

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