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SMBC Group’s Yoshihiro Hyakutome Nominated to Jefferies Board of Directors As Focus Intensifies on Global Strategic Alliance

NEW YORK & TOKYO, February 11, 2026--Jefferies Financial Group Inc. ("Jefferies") and Sumitomo Mitsui Financial Group, Inc. and its wholly owned subsidiary Sumitomo Mitsui Banking Corporation (collectively, "SMBC Group") announced today that Yoshihiro Hyakutome, Deputy President, Executive Officer and Co-Head of the Global Business Unit of SMBC Group, has been identified by SMBC Group as a candidate to be a member of the Jefferies Board of Directors, replacing Toru Nakashima, CEO of SMBC Group.

articleJefferies Financial Group Inc.February 11, 20266/company/jefferies-financial-group-inc/news/smbc-group-yoshihiro-hyakutome-nominated-211500177
SMBC Group’s Yoshihiro Hyakutome Nominated to Jefferies Board of Directors As Focus Intensifies on Global Strategic Alliance

About this update from Jefferies Financial Group Inc.

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SMBC GroupJefferiesJefferies BoardSumitomo Mitsui Financial Group, Inc.Toru NakashimaYoshihiro Hyakutome