Masaaki Goto

Aberdeen Singapore Fund, Inc. is a non-diversified, closed-end management investment company. Its investment objective is capital appreciation, which it seeks through investment primarily in Singapore equity securities as well as invests in in equity securities issued by companies in the Association of Southeast Asian Nations countries. The company was founded on May 31, 1990 and is headquartered in Philadelphia, PA.

The Thai Capital Fund, Inc. is a non-diversified closed-end management investment company. Its principal objective is long-term capital appreciation which it seeks through investment primarily in equity securities of thai companies. The company was founded on March 14, 1990 and is headquartered in Jersey City, NJ.

Daiwa Capital Markets America, Inc. (DCMA), formerly Daiwa Securities America, Inc., is an SEC-registered broker/dealer headquartered in New York City and was founded in 1964. The firm is a wholly-owned subsidiary of Daiwa Capital Markets America Holdings, Inc., itself a wholly-owned subsidiary of Daiwa Securities Capital Markets Co. Ltd., which is a subsidiary of Daiwa Securities Group, Inc. (TK: 8601), a Tokyo-based investment bank and broker/dealer. DCMA provides high quality investment data, analysis and research products to major U.S. institutional investors.

Part of Daiwa Securities Group, Inc., Daiwa Capital Markets America Holdings, Inc. trades and brokers financial instruments. The private company is based in New York, NY.

Daiwa SB Investments Ltd. is an independent Japanese asset management firm which was founded in 1973 as Daiwa International Capital Management Co., Ltd (DICM). In 1999, DICM, SB Investment Management Co., Ltd. and SBIM Investment Trust Management Co., Ltd. merged to form Daiwa SB Investments Ltd. The firm is headquartered in Tokyo with offices in the UK, the US, Singapore, Hong Kong and Shanghai. Daiwa SB Investments provide investment management services to institutional investors, primarily consisting of governmental pension funds, private corporate pension funds and related trusts. They are a signatory to the UN Principles for Responsible Investment (UN PRI) and incorporate ESG issues into their investment analysis and decision-making processes.