Investor Presentaiton

4 Resilient business model with natural hedges to market volatility ICA balances continued to grow, as demand increased for both fixed and variable contracts ICA Balances, including Money Market Overflow ($B) ■Money Market Overflow Balances ■Overflow ICA Balances Variable ICA Balances Fixed Rate ICA Balances Fixed Rate ICA Balance % ~50% -35% -35% ~40% -25% ~5% $47.7 $43.8 $37.3 $13.9 $2.1 $29.0 $1.7 $24.8 $24.4 $22.7 $0.9 $22.7 $17.6 $12.1 $14.9 $21.2 Overflow balances provide capacity when balances spike Historically, when ICA balances exceeded our fixed and variable contract capacity, we utilized money market overflow contracts Given improved bank deposit demand and the launch of CCA, we no longer have any money market overflow balances Variable balances are primarily indexed to Fed Funds . • Our variable ICA balances grew in the quarter, as demand increased from third-party banks Most variable balances are indexed to Fed Funds + a spread (~5 to ~15 bps) In the current environment, new variable contracts are averaging Fed Funds plus 5 to 10 bps Fixed rate ICA contracts are laddered over ~4 years New contracts: In Q3, we added ~$5B of fixed rate balances maturing in 2024-26, with a ~390 bps yield consistent with the 2-4 year points on the curve when contracted Maturing Contracts ($B) as of end of Q3 2022 יח ☐ New contracts added in Q3 2022 $6.1 $18.6 $2.0 $3.8 $12.3 $12.4 Matures in Q4 $5.0 $2.5 $9.0 $10.6 $4.1 $1.5 I $1.5 $1.5 2017 $2.3 $1.2 $1.0 2018 2019 2020 2021 Q3'22 Maturing Yield (bps) 2022 2023 2024 2025 2026 ~265 -330 ~235 -300 -295 † Weighted average yield across ladder is -285 bps Note: Yields shown on this page are prior to client deposit rates (~17 bps) and administrator fees (~4 bps). Money market sweep balances are not subject to these costs. LPL Financial Member FINRA/SIPC 19

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