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Profile&Major Shareholders

NEC Networks & System Integration Corporation
Corporate Name: NEC Networks & System Integration Corporation
Listing: Tokyo Stock Exchange, First Section
Ticker Code: 1973
Fiscal Year: April 1 - March 31 Annual meeting held in June
Common Stock Authorized: 300,000,000 shares
Issued: 149,321,421 shares (As of March 31, 2021)
Number of Shareholders: 23,135(As of March 31, 2021)
Transfer Agent: Sumitomo Mitsui Trust Bank, Limited 1-4-1, Marunouchi, Chiyoda-ku, Tokyo 100-8233, Japan
Accounting Auditors: KPMG AZSA LLC.

Major Shareholders: (As of March 31, 2021)

Name of Shareholder Number of Shares Held (Thousands) Percentage of Total Shares Outstanding *2
NEC Corporation 57,320 38.49%
Custody Bank of Japan, Ltd. *1
(Sumitomo Mitsui Trust Bank, Limited beneficiary trust account, NEC Corporation retirement benefit trust account)
19,200 12.89%
The Master Trust Bank of Japan, Ltd. (Trust account) 8,352 5.61%
Custody Bank of Japan, Ltd.(Trust account) 5,599 3.76%
Sumitomo Realty & Development Co., Ltd. 3,600 2.42%
Employees' Stock Ownership Plan 1.857 1.25%
THE BANK OF NEW YORK MELLON 140044 1,807 1.21%
GOVERNMENT OF NORWAY 1,672 1.12%
Custody Bank of Japan, Ltd.(Trust account 9) 1,617 1.09%
JPMC GOLDMAN SACHS TRUST JASDEC LENDING ACCOUNT 1,501 1.01%

*1 Shares held Custody Bank of Japan, Ltd.(Sumitomo Mitsui Trust Bank, Limited beneficiary trust account, NEC Corporation retirement benefit trust account) give NEC Corporation material voting rights because NEC Corporation has contributed shares of the Company to its retirement benefit trust. The percentage of material voting rights held by NEC Corporation as of March 31, 2021 was 51.42%.

*2 The percentage of total shares outstanding is calculated based on the number of shares excluding treasury stock (391,230 shares)and shares that are in the company's name in the shareholder registry but are not substantially owned (100 shares).