Tokyo, May 4, 2021 - Nomura Holdings, Inc. today announced plans to donate $2 million to support relief and recovery efforts in India to combat the recent spike in Covid-19 cases across the country.

The funds will be used for the procurement and distribution of urgently needed oxygen machines, ventilators, personal protective equipment, testing kits, and packages of daily essentials.

"I am deeply saddened by the devastating surge in Covid-19 cases across India. Nomura stands ready to support our people and the broader community during this difficult time. We sincerely hope that our contribution will in some way help alleviate the pain and suffering that so many are feeling," said Kentaro Okuda, Nomura President and Group CEO.

Nomura also plans to launch a global employee donation matching program in which employee donations will be matched by Nomura up to an additional $2 million. This funding will also be directed to continue urgent support over the coming weeks and contribute to the recovery effort.