EY integrates the EY Asia-Pacific and EY Japan geographic areas

- Asia-Pacific countries are some of Japan's biggest trading partners fueling economic growth for Japanese companies

- The combined geographic area now covers over 51,500 EY people,2,800 Partners in EY member firms,23 countries and revenues of US$5.3b

- Integration drives greater cooperation and enhanced client service across Asia-Pacific and stronger global connectivity for EY Japan's global clients

HONG KONG,Nov. 1,2018 --EY today announces the integration of the existing EY Asia-Pacific and EY Japan geographic areas to reflect the globally connected nature of today's business environment and the increasing inter-Asia regional trade opportunities for organizations across Asia-Pacific. The integrated geographic area – EY Asia-Pacific – has combined revenues of US$5.3b (for the financial year ended June 2018) and covers 23 countries,with over 2,800 Partners in EY member firms and over 51,500EY people. EY Asia-Pacific Area Managing Partner,Patrick Winter,will lead the expanded geographic area that will take effect from 01 July 2019.

The integration further strengthens the regional credentials of the EY organization across key sectors,such as financial services,technology,energy,consumer products,automotive and healthcare,and provides both EY clients and people with greater access to the depth of EY knowledge,experience and connections across Asia-Pacific.

Patrick Winter,EY Asia-Pacific Area Managing Partner,says:

"Globalization,sector convergence and technological change are all impacting EY clients in a way we have never seen before. As EY clients continue to transform their organizations to seize the upside of disruption,EY teams must be positioned to help offer globally connected solutions and services for these increasingly global needs. EY is a highly connected professional services organization and the integration of EY Asia-Pacific and EY Japan geographic areas represents a step-change in how EY teams will provide services to EY clients in Asia-Pacific. This move will help EY professionals bring new solutions to clients faster,assemble broader and more experienced teams,continue to lead on audit quality through connected teams of over 80,000 auditors across the globe and invest in EY services to benefit EY clients on a broader scale."

EY Japan has grown into a key region for EY in Asia-Pacific with over 7,800 people,offering a broad range of services to EY clients in 17 cities and across 9 sectors. In FY18,EY Japan generated revenue of US$1.1b for the financial year ended June 2018. The integration will strengthen cooperation within EY Asia-Pacific region and EY Japan will maintain its current legal entities in Assurance,Advisory,Transaction,and Tax service lines.

Scott Halliday,EY Japan Area Managing Partner,says:

"In recent years,the countries of the Asia-Pacific region have become Japan's biggest trading partners and many EY Japan clients view the region as a strategically important market with significant economic growth potential. The integration will strengthen the EY Japan position in Asia-Pacific and help enable EY Japan to cooperate more closely with not only the EY Asia-Pacific geographic area as whole,but also EY member firms' offices globally,creating a stronger,more seamless service for EY clients across countries and regions."

Notes to Editors

About EY

EY is a global leader in assurance,tax,transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing,we play a critical role in building a better working world for our people,for our clients and for our communities.

EY refers to the global organization,and may refer to one or more,of the member firms of Ernst & Young Global Limited,each of which is a separate legal entity. Ernst & Young Global Limited,a UK company limited by guarantee,does not provide services to clients. For more information about our organization,please visit ey.com.

This news release has been issued by EYGM Limited,a member of the global EY organization that also does not provide any services to clients.

Michelle Saddington

Yvonne Diaz

EY Asia-Pacific

EY Global Media Relations

+852 9666 9245

+44 (0) 20 7980 0232

michelle.saddington@hk.ey.com

yvonne.diaz@uk.ey.com

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