ALLSPRING GLOBAL INVESTMENTS OPENS TOKYO OFFICE AND ANNOUNCES SENIOR EXECUTIVE HIRING

TOKYO, August 15, 2022 /PRNewswire/ — Allspring Global Investments (Allspring), a leading independent asset manager with more than 476 billion US dollars in assets under management*, today announces the formation of Allspring Global Investments (Japan) Limited, as well as the opening of a new office in Tokyo and the appointment of Akira Hosoda like Japan Representative and Head of State.

Akira Hosoda will lead this new office, bringing with him decades of experience, having worked in the investment industry since 1983. He joins from Nissay Asset Management where he served as managing director responsible for product development and introduction of foreign investment opportunities in Japan. Previously, he was president and CEO of Nippon Life America, which he initially joined as senior vice president.

Allspring decided to open its first local office to further enhance the service and support offered to local partners and their customers in this important market. This new office will have the ongoing support of the US-based staff led by Ludger Peters, Satomi Matsumoto and Chihiro Sekothereby leveraging global resources to better meet the needs of a growing clientele.

Commenting on the appointment, Andy Sowerby Head of International Distribution said,
Japan is an extremely important market for Allspring where we have developed very strong business relationships over the years. The opening of our new office, together with the appointment of Akira Hosoda, further demonstrates our commitment to support and serve our customers in the region. We are glad to welcome you Akira Hosoda to Allspring as he brings with him a wealth of industry experience and expertise that will add great value to our customers and our business.”

About Allspring Global Investments

Allspring Global Investments™ is an independent asset management company with more than 476 billion US dollars in assets under management*, worldwide offices and investment teams supported by 450 investment professionals. Allspring is committed to thoughtful investing, purposeful planning and inspiration for a new era of investing that pursues both financial returns and positive outcomes.

*Regarded by June 30, 2022AUM includes 93 billion US dollars by Galliard Capital Management, an investment advisor not part of the Allspring/GIPS trading name.

This information is not a marketing communication and is provided for informational purposes only. For professional/qualified customers. Recipients who do not wish to be treated as professionals should notify their Allspring contact immediately.

Allspring Global Investments (Allspring) is the trading name of the asset management firms of Allspring Global Investments Holdings, LLC, a holding company indirectly owned by certain portfolio companies of GTCR LLC and Reverence Capital Partners, LP Allspring includes but is not limited to Allspring Global Investments (UK) Limited; Galliard Capital Management, LLC; Allspring Global Investments, LLC; Allspring Global Investments Luxembourg SA; Allspring Funds Distributor, LLC; and Allspring Funds Management, LLC.

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