State Street said on September 15, 2025 its Board of Directors elected Brian J. Porter as an independent director. Porter was also appointed as a member of the Board's Human Resources Committee and Risk Committee effective the date of his election to the Board.

1. 01

   State Street said on September 15, 2025 its Board of Directors elected Brian J. Porter as an independent director. Porter was also appointed as a member of the Board's Human Resources Committee and Risk Committee effective the date of his election to the Board.

2. 02

   The company said Porter will be entitled to a pro rata share of the 2025-2026 $110,000 annual retainer and $235,000 common stock retainer. Other director compensation arrangements are on terms consistent with those previously disclosed in Exhibit 10.2 to State Street's quarterly report on Form 10-Q for the quarter ended June 30, 2025.

3. 03

   State Street said the pro-rated stock award will be based on the closing price of the company's common stock on the New York Stock Exchange on the date of election.

4. 04

   The company said there are no arrangements or understandings between Porter and any other persons pursuant to which Porter was elected as a director. It added that Porter will be entitled to enter into an indemnification agreement with State Street consistent with the forms of indemnification agreement entered into by the company's other non-employee directors.

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