Investor Presentaiton

TRUST, INVESTMENT & OTHER SERVICING FEES $ in millions (except as noted) % Change Vs. Trust, Investment & Other Servicing Fees 4Q 2021 4Q 2020 3Q 2021 Custody & Fund Administration Investment Management $457.7 +9% (1)% 113.3 (9)% Securities Lending 18.8 +8% (6)% Other 35.3 +5% (2)% Total Corporate & Institutional Services $625.1 +5% (1)% Central $181.4 +17% +1% East 132.9 +15% +2% West 98.6 +15% +2% Global Family Office (GFO) 73.0 (1)% (2)% Total Wealth Management $485.9 +13% +1% Client Assets 1 (in billions): C&IS AUC/A $15,183 +11% +3% C&IS AUC $11,555 +11% +2% Global Custody Assets $8,238 +11% +2% C&IS AUM $1,191 +13% +3% Securities Lending Collateral $196 +5% (6)% Wealth Management AUC/A $1,066 +21% +9% Wealth Management AUC $1,058 +21% +10% Wealth Management AUM $416 +20% +12% 1 Client assets for the current quarter are considered preliminary until the Form 10-K is filed with the Securities and Exchange Commission. C&IS Trust, Investment & Other Servicing Fees were up 5% year-over-year and down 1% sequentially. Custody & fund administration fees increased year-over- year primarily due to favorable markets and new business, partially offset by lower transaction-based fees. Sequentially, custody & fund administration fees decreased primarily due to lower transaction-based fees and currency translation, partially offset by favorable markets and new business. Investment management fees decreased year-over-year primarily due to higher money market mutual fund fee waivers, partially offset by new business and favorable markets. Wealth Management Trust, Investment & Other Servicing Fees were up 13% year-over-year and 1% sequentially. Fees in the regions (Central, East and West) increased year-over-year primarily due to favorable markets and new business, partially offset by higher money market mutual fund fee waivers. Sequentially, fees in the regions increased primarily due to new business. Fees in GFO decreased year-over-year primarily due to higher money market mutual fund fee waivers, partially offset by favorable markets and new business. Sequentially, fees in GFO decreased primarily due to higher money market mutual fund fee waivers. Money market mutual fund fee waivers totaled $50.9 million in C&IS and $30.2 million in Wealth Management in 4Q 2021. northerntrust.com | 2022 Northern Trust 5

View entire presentation