State Street Appoints Chief Investment Officer Page 1

State Street Corporation (NYSE: STT) today announced that Joerg Ambrosius, executive vice president and chief commercial officer, has been named president of Investment Services, State Street’s largest business.

Ambrosius brings over 30 years of financial services experience, with a successful track record of leading client management, sales and revenue growth, focused on the needs of asset managers and institutional investors. Ambrosius took on an expanded role in October 2023 with overall leadership of the Investment Services client-facing business and full responsibility for the global organization to better enable a differentiated client experience for clients globally. The appointment of a leader focused solely on the investment services industry will further strengthen execution, streamline decision-making and provide clients with a more effective delivery of products, services and solutions.