Investor Presentaiton

Expected to generate meaningful revenue and cost synergies from enhanced platform services and efficiencies Annual revenue synergies in 2021* Estimated Range in 2021 Annual cost synergies in 2021 Estimated Range in 2021 5 Cost Synergy Highlights CRD's front office solutions State Street's middle & back Revenue Synergy Highlights Upgrade CRD clients from client- installed software to STT cloud ~$70-75M Expand CRD share of wallet by introducing CRD software solutions to STT clients Grow STT share of wallet by ~$55-60M offering STT middle and back Operational efficiency ~$35M Streamline State Street custody, accounting and middle office operations creating greater efficiency and lower unit costs office services office services Expand State Street data mgmt and analytics ~$70M Data management and analytics services underpin front-to-back office services growth Systems & application retirement ~$10-15M Distributing State Street's trading services Expand presence Expand STT share of wallet by ~$35-40M offering integrating trading services into the CRD platform Increase existing CRD presence ~$30-35M in the wealth management Integrated client servicing platform ~$10-15M in wealth segment segment ~$260-280M annual revenue synergies ~$180-200M delivery costs to achieve Refer to the Appendix included with this presentation for endnotes 1 to 22. Capture of efficiencies through retirement of legacy State Street middle and back office systems SSGA implementation of CRD'S established front office solution drives system rationalization ~$75-85M EBIT from revenue synergies ~$55-65M EBIT from cost synergies STATE STREET. 8

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