BNY Investments is the brand name for the investment management business of BNY and its investment firm affiliates worldwide. BNY is the corporate brand of The Bank of New York Mellon Corporation and may be used to reference the corporation as a whole or its various subsidiaries generally.

Products or services described herein are provided by BNY, its subsidiaries,  affiliates or related companies and may be provided in various countries by one or more  of these companies where authorized and regulated as required within each jurisdiction.  Certain investment vehicles may only be offered through regulated entities or licensed  individuals, such as a bank, a broker-dealer or an insurance company. However, this  material is not intended, nor should be construed, as an offer or solicitation of services  or products or an endorsement thereof in any jurisdiction or in any circumstance that is  otherwise unlawful or unauthorized. The investment products and services mentioned  here are not insured by the FDIC (or any other state or federal agency), are not  deposits of or guaranteed by any bank and may lose value.

This material is not intended as an offer to sell or a solicitation of an offer to buy any  security, and it is not provided as a sales or advertising communication and does not  constitute investment advice. BNY Mellon Securities Corporation, a registered broker-  dealer, FINRA member and wholly owned subsidiary of BNY, has entered into  agreements to offer securities in the U.S. on behalf of certain BNY  Investments firms.

The value of investments and the income from them is not guaranteed and can fall  as well as rise due to stock market and currency movements. When you sell your  investment, you may get back less than you originally invested.

Rankings include assets managed by BNY investment firms and BNY Wealth. Each ranking may not include the same mix of firms. BNY as of December 31, 2025. Total assets under management (AUM) includes AUM attributable to the asset managers outlined in this file as well as BNY Mellon Investment Adviser, Inc, BNY Wealth and external data. Assets under management in U.S. dollars as of December 31, 2025.

Unless otherwise noted, all references to assets under management (which are  approximate) are as of December 31, 2025. In addition, AUM/OUM for the following firms  includes assets managed by the individual firms’ officers as dual officers or employees of  The Bank of New York Mellon: BNY Investments, BNY Mellon Investment Adviser, Inc. and Newton Investment Management (North America) Limited.

ARX is the brand used to describe the Brazilian investment capabilities of BNY Mellon  ARX Investimentos Ltda. ARX is an affiliate of The Bank of New York Mellon Corporation.

Mellon Investments Corporation (MIC) is a registered investment adviser and subsidiary of The Bank of New York Mellon Corporation (BNY). MIC is composed of two divisions; BNY Investments Mellon (Mellon), which specializes in index management, and BNY Investments Dreyfus (Dreyfus), which specializes in cash management and short duration strategies. Securities are offered through BNY Mellon Securities Corporation (BNYSC), a registered broker-dealer and affiliate of MIC.

Personnel of certain of our BNY affiliates may act as: (i) registered representatives of BNY Mellon Securities Corporation (in its capacity as a registered broker-dealer) to offer securities and certain bank-maintained collective investment funds, (ii) officers of The Bank of New York Mellon (a New York chartered bank) to offer bank-maintained collective investment funds, and (iii) Associated Persons of BNY Mellon Securities Corporation (in its capacity as a registered investment adviser) to offer separately managed accounts managed by BNY Investments firms.

Investment advisory services in North America are provided through two different  investment advisers registered with the Securities and Exchange Commission (SEC),  using the brand Insight Investment: Insight North America LLC (INA) and Insight  Investment International Limited (IIIL). The North American investment advisers are  associated with other global investment managers that also (individually and collectively)  use the corporate brand Insight Investment and may be referred to as “Insight” or “Insight  Investment.” Insight’s assets under management (AUM) are represented by the value of the client’s assets or liabilities Insight is asked to manage. These will primarily be the mark-to-market value of securities managed on behalf of clients, including collateral if applicable.  Where a client mandate requires Insight to manage some or all of a client’s liabilities (e.g. LDI strategies), AUM will be equal to the value of the client specific liability benchmark and/or the notional value of other risk exposure through the use of derivatives. Figures shown in USD. FX rates as per WM Reuters 4pm spot rates.

Insight North America LLC (INA) is a registered investment adviser under the Investment Advisers Act of 1940 and regulated by the US Securities and Exchange Commission. Insight North America (INA) is part of 'Insight' or 'Insight Investment', the corporate brand for certain asset management companies operated by Insight Investment Management Limited including, among others, Insight Investment Management (Global) Limited (IIMG) and Insight Investment International Limited (IIIL) and Insight Investment Management (Europe) Limited (IIMEL).

BNY Investments Newton is the name for a group of affiliated companies that provide investment management services under the trading name of 'Newton' or 'Newton Investment Management'. Investment management services are provided in the United Kingdom by Newton Investment Management Ltd (NIM), in the United States by Newton Investment Management North America LLC (NIMNA). All firms are indirect subsidiaries of The Bank of New York Mellon Corporation (‘BNY’)

Newton’s assets under management are calculated as at the most recent quarter end and include assets collectively managed by NIM and NIMNA. In addition, AUM for Newton includes assets of bank-maintained collective investment funds for which Newton has been appointed sub-advisor, where Newton personnel act as dual officers of affiliated companies and assets of wrap fee account(s) for which Newton provides sub-advisory services to the primary manager of the wrap program.

Walter Scott & Partners Limited (Walter Scott) is an investment management firm  authorized and regulated in the United Kingdom by the Financial Conduct Authority in  the conduct of investment business. Walter Scott is a subsidiary of The Bank of New  York Mellon Corporation.

Securities transactions are affected, where required, only through registered broker-  dealers. BNY Pershing is the umbrella name for Pershing LLC (member FINRA, SIPC  and NYSE), Pershing Advisor Solutions (member FINRA and SIPC), Pershing Prime  Services (a service of Pershing LLC), Pershing Limited (UK), Pershing Securities Limited, Pershing Securities International Limited (Ireland), Pershing (Channel Islands)  Limited, Pershing Securities Canada Limited, Pershing Securities Singapore Private  Limited and Pershing Securities Australia Pty. Ltd. SIPC protects securities in customer  accounts of its members up to $500,000 in securities (including $250,000 for claims for  cash). Explanatory brochure available upon request or at www.sipc.org. SIPC does not  protect against loss due to market fluctuation. SIPC protection is not the same as, and  should not be confused with, FDIC insurance. Investment products (other than deposit  products) referenced in this brochure (including money market funds) are not insured  by the FDIC (or any other state or federal agency), are not deposits of or guaranteed by  BNY or any bank or non-bank subsidiary thereof, and are subject to investment  risk, including the loss of principal amount invested.

All investments involve risk including loss of principal. Certain investments involve greater or unique risks that should be considered along with the objectives, fees, and expenses  before investing.

This material has been provided for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions.  Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circumstances. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. BNY Mellon Investment Adviser, Inc. and BNY Mellon Securities Corporation are subsidiaries of BNY. © 2026 BNY Mellon Securities Corporation, 240 Greenwich Street, 9th Floor, New York, NY 10286.

MARK-866482-2026-01-15