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Investor Presentaiton

Well positioned for higher short-term interest rates CLIENTS' DOMESTIC CASH SWEEP BALANCES AND CORRESPONDING ASSETS $ BILLIONS Clients' Domestic Cash Sweep Balances ($76.5) Corresponding Assets Raymond James Bank's Earning Assets ($~341) Raymond James Bank Deposit Program (RJBDP) ($59.5) Third-Party Banks ($~26) Brokerage Client Cash/Client Interest Program ($17.0) . • Net interest income to Raymond James Bank Account and service fees to PCG segment² Account and service fees mainly to PCG segment Client Margin Loans • Net interest income to PCG segment & Segregated Assets ($17.0³) Note: As of March 31, 2022. The diagram does not contain all of the firm's interest-bearing assets and liabilities. Instead, the diagram is intended to only illustrate those interest-bearing assets and liabilities that are related to clients' domestic cash sweep balances. The numbers on this page are directional and may not tie perfectly to other financial reports. The numbers may not tie due to rounding. 1. Assets 76 for RJ Bank were -$39 billion; the ~$34 billion represents the estimated amount funded with client cash sweep balances (the other portion funded with capital, other borrowings, and other cash balances). 2. These Account and Service Fees from RJ Bank to PCG are eliminated in the consolidated financial statements. 3. Client Margin Loans and Segregated Assets of $17.0 billion reflect portion attributable to corresponding cash balances, the actual amount of these balances is larger and includes other items. RAYMOND JAMES
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