Tom Liu

Daiwa Capital Markets America Inc.

Daiwa Capital Markets America Inc. ("DCMA"), was incorporated in 1964. DCMA is a New York-based registered securities broker-dealer, a futures commission merchant, a primary dealer of U.S. Treasury securities, and a member of the New York Stock Exchange and other major U.S. exchanges. Our main focus is on the sales and trading of Japanese, Asian, and U.S. equities, fixed income instruments, financial futures, and investment banking for institutional customers. DCMA's ultimate parent company is Daiwa Securities Group Inc. Mission: Building upon Daiwa Securities Group Inc.'s corporate principles, DCMA recognizes its mission is to contribute to the development of society and the economy through its daily operations. This is essential to the success of our mission and sustainable growth with society — deepening the bond of trust we have with our stakeholders, customers, shareholders, employees, and communities.