AT A GLANCE

Stifel Financial Corp. (NYSE: SF) is a holding company headquartered in St. Louis, Missouri.

Through several wholly owned subsidiaries, we serve individuals, professional money managers, corporations, and municipalities throughout the U.S. and in Europe, offering: OUR SUBSIDIARIES • Private client services, including wealth management and financial planning; , Nicolaus & Company, Incorporated • Institutional equity and fixed income sales, trading and research, Our principal subsidiary; one of the nation’s and municipal finance; leading full-service retail and institutional • Investment banking services, including , public wealth management and investment offerings, and private placements; and banking firms

• Retail and commercial banking, including personal and commercial lending. Keefe, Bruyette & Woods, Inc. A full-service boutique investment and broker-dealer specializing in the financial services sector HISTORY EQUITY CAPITAL Miller Buckfire & Co., LLC Founded in A leading investment bank specializing in $3.6 billion corporate restructuring and recapitalization 1890 as of December 31, 2019 Stifel Bancorp, Inc. The holding company for Stifel Bank and Stifel Bank & Trust, our retail and commercial ASSOCIATES , and Stifel Trust Company, N.A. and OWNERSHIP Stifel Trust Company Delaware, N.A., our The firm has approximately Stifel Financial Corp. is listed trust companies on the New York Exchange 8,000 under the ticker symbol SF Century Securities Associates, Inc. associates An independent contractor broker-dealer firm

Stifel Nicolaus Europe Limited Our European subsidiary, based in London SENIOR with offices in Geneva, Madrid, and Zurich REVENUES EXECUTIVES Ronald Kruszewski Asset Management Firms $3.3 billion Chairman and Chief Executive Officer • 1919 Investment Counsel, LLC in 2019 James Zemlyak • EquityCompass Investment Co-President Management, LLC 24 consecutive years Victor Nesi • Washington Crossing Advisors, LLC of record net revenues Co-President Director, Institutional Group This is not a comprehensive list of subsidiaries.

continue on back PRIVATE CLIENT GROUP STIFEL BANK

$330 billion $16.9 billion More than 400 in assets under management in banking assets investment banking professionals in eight industry groups and six Approximately product and service groups $3.6 billion Since 2010 2,200 in trust assets under administration Financial Advisors No. 1 ASSET MANAGEMENT among middle-market firms in Nation’s total number of M&A transactions under $1 billion SEVENTH largest $16 billion full-service investment firm* in assets under management * Based on number of financial advisors No. 1 in equity transactions under billion $1 billion market cap RESEARCH $8 in assets under advisement Since 2005 senior 106 analysts No. 3 across 12 sectors in all managed venture Largest U.S. capital-backed IPOs equity research International Financing Review’s platform – more than U.S. Mid-Market Equity House of the Year in 1,600 2013, 2015, and 2017 global STIFEL EUROPE under coverage Raised more than Ranked in the StarMine Analyst Awards £33 billion for clients top 10 for 13 across 176+ transactions since mid-2014 No. 1 270 Financial Advisers senior manager of associates in consecutive years negotiated municipal bond issues 36 offices Data is as of December 31, 2019, except where noted. No. 3 No. 5 Certain data herein includes transactions completed by in volume in value companies acquired by or affiliated with Stifel Financial Corp. The number of financial advisors also includes Banks AIM underwriter in Century Securities Associates, Inc., a Stifel affiliate. No. 1 Investment banking rankings and data are according to Development K-12 Education Dealogic as of December 31, 2019. M&A analyltics are No. 5 No. 6 Districts as of December 31, 2019. Equity transactions include rank-eligible SEC registered IPOs and follow-on offerings in volume in value Tax Increment and include demutualizations. Research includes Keefe, Land Secured Bruyette & Woods, a Stifel affiliate, and other firms Banks Financing acquired by Stifel and is as of July 31, 2019. For more by par amount and information about the StarMine Analyst Awards from Refinitiv, see www.stifel.com/research. References to Stifel No. 2 No. 6 Multi-Family may apply to parent company Stifel Financial Corp. or any in volume in value ECMi in Housing of its wholly owned subsidiaries, including Stifel, Nicolaus No. 1 & Company, Incorporated. Source: EMC Insight by number of issues

One Financial Plaza | 501 North Broadway | St. Louis, Missouri 63102 Source: Thomson Reuters SDC Stifel, Nicolaus & Company, Incorporated | Member SIPC & NYSE | www.stifel.com 0120.2645887.2