Corporate Political Activities and Policy Engagement

Like all companies in the financial services industry, State Street is greatly impacted by regulatory decisions on the federal, state and local levels. Where appropriate, we seek to ensure that the firm's interests are represented as these policies are taking shape. Articulating State Street's views on legislation or regulation impacting our business to relevant decision makers benefits our stakeholders.

At State Street, our Public Policy team is responsible for monitoring policy, legislative and regulatory developments globally, and for engaging regulators and policymakers on these issues on behalf of State Street, either directly or through trade organizations or outside consultants. The Nominating and Corporate Governance Committee of the Board of Directors receives periodic reports from the head of Public Policy on current legislative trends, upcoming regulatory issues, trade association memberships and lobbying initiatives, expenses and processes. More information on the Public Policy team, including recent comment letters filed with regulatory bodies, can be found online at: https://www.statestreet.com/disclosures-and-disclaimers/regulatory-industrygovernment-affairs.

Lobbying Activities and Disclosures:

As outlined in the Standard of Conduct and the employee Political Contributions and Activities Policy, only State Street's Public Policy team is authorized to retain legislative lobbyists on behalf of State Street. The activities of the Public Policy team's lobbying professionals and their outside consultant(s) are closely monitored. The Public Policy team's lobbying professionals must comply with any requirements to attend trainings on applicable laws, adhere to internal compliance policies including the Anti-Bribery and Corruption Policy, and are expected to demonstrate the highest standards of professional integrity.

Consistent with the reporting requirements of the U.S. Lobbying Disclosure Act and the related guidance regularly issued by the Secretary of the U.S. Senate and the Clerk of the U.S. House of Representatives, we file a quarterly report (Form LD-2) of our U.S. lobbying activities. This report contains a good faith estimate of our total expenditures for U.S. lobbying, including internal expenses, payments to lobbying firms and portions of industry association dues attributable to lobbying activities. The report also includes a general description of our lobbying activity for the relevant quarter, as well as the name of each individual who acted as a lobbyist for each issue. Our quarterly lobbying reports on Forms LD-2 can be found online at: https://disclosurespreview.house.gov/.

We also file semi-annual lobbying reports with the Commonwealth of Massachusetts with respect to our Massachusetts lobbying. As with U.S. filings, these reports include estimates of internal expenses and payments to lobbying firms. The following is a link to find more detailed semi-annual reporting information on our Massachusetts lobbying expenditures: http://www.sec.state.ma.us/lob/lobidx.htm.

Trade Organizations:

State Street participates in and pays membership dues to a number of industry trade organizations. Participation in these organizations is important to gain industry insight, foster relationships and professional opportunities within the business and to collaborate on topics of mutual interest.

Our principal U.S. trade organizations are those to which we pay annual membership fees in excess of $50,000 and, for these purposes, which notify us that a portion of those fees is nondeductible for U.S. income tax purposes. We may not always support or align with the stated position of these organizations or their members, but recognize the importance and overall benefit of our participation in groups that advocate and help to shape public policy. We periodically assess an organization's scope and purpose to identify where their positions may materially diverge from State Street's positions, including on environmental, social, and governance (ESG) issues, and evaluate the benefit of continued membership. Our principal U.S. trade organizations in 2025 are identified below.

Corporate Contributions to 501(c)(4) Organizations

State Street discloses participation with 501(c) 4 organizations with contributions in excess of $50,000. Such contributions are reviewed by Public Policy, Legal and Compliance to ensure compliance with our Anti-Bribery and Corruption Policy and consistency with our public policy objectives.