🟢 New in Current Filing Risk management and strategy 🔒

🟢 New in Current Filing Processes for assessing, identifying and managing material risks from cybersecurity threats 🔒

🟢 New in Current Filing Management’s role in assessing and managing material risks from cybersecurity threats 🔒

🟢 New in Current Filing Board of Directors’ oversight of risks from cybersecurity threats 🔒

🟢 New in Current Filing Liquidity and Capital Resources 🔒

🟢 New in Current Filing Basel III Endgame Proposal 🔒

🟢 New in Current Filing G-SIB Surcharge Proposal 🔒

🟢 New in Current Filing Head of Non-Financial Risk 🔒

🟡 Modified Our ability to retain and attract qualified employees is critical to the success of our business and the failure to do so may materially adversely affect our performance. 🔒

🟢 New in Current Filing Operational Risk 🔒

🟢 New in Current Filing Liquidity is essential to our businesses and we rely on external sources to finance a significant portion of our operations. 🔒

🟢 New in Current Filing Net Revenues by Region1 🔒

🟢 New in Current Filing Average tangible common equity2 🔒

🟢 New in Current Filing Investments 🔒

🟢 New in Current Filing 2023$ in millionsTradingFees1NetInterest2All Other3TotalFinancing$7,206 $524 $(2,886)$66 $4,910 Execution services2,919 2,235 (190)112 5,076 Total Equity$10,125 $2,759 $(3,076)$178 $9,986 Total Fixed income$7,848 $375 $(975)$425 $7,673 🔒

🟢 New in Current Filing Wealth Management Metrics 🔒

🟢 New in Current Filing Rollforwards 🔒

🟢 New in Current Filing Accounting Development Updates 🔒

🟢 New in Current Filing Liquidity Resources by Bank and Non-Bank Legal Entities 🔒

🟢 New in Current Filing Parent Company and U.S. Bank Subsidiaries Issuer Ratings at February 16, 2024 🔒

🟢 New in Current Filing Common Stock Repurchases 🔒

🟢 New in Current Filing FDIC Final Rulemaking on Special Assessment 🔒

🟢 New in Current Filing Internal Audit Department 🔒

🟢 New in Current Filing Market Risk 🔒

🟢 New in Current Filing Loans and Lending Commitments 🔒

🟢 New in Current Filing Institutional Securities Loans and Lending Commitments1 🔒

🟢 New in Current Filing commitments 🔒

🟢 New in Current Filing Wealth Management Commercial Real Estate Loans and Lending Commitments by Property Type 🔒

🔴 No Match in Current Filing Covered Fund Restrictions under the Volcker Rule 🔒

🟡 Modified The financial services industry faces substantial litigation and is subject to extensive regulatory and law enforcement investigations, and we may face damage to our reputation and legal liability. 🔒

🟡 Modified Replacement or reform of certain interest rate benchmarks could adversely affect our business, securities, financial condition and results of operations. 🔒

🟡 Modified Climate change manifesting as physical or transition risks could result in increased costs and risks and adversely affect our operations, businesses and clients. 🔒

🟡 Modified Our risk management strategies, models and processes may not be fully effective in mitigating our risk exposures in all market environments or against all types of risk, which could result in unexpected losses. 🔒

🟡 Modified Our results of operations may be materially affected by market fluctuations and by global financial market and economic conditions and other factors. 🔒

🟡 Modified The financial services industry is subject to extensive regulation, and changes in regulation will impact our business. 🔒

🟡 Modified We may be unable to fully capture the expected value from acquisitions, divestitures, joint ventures, partnerships, minority stakes or strategic alliances, and certain acquisitions may subject our business to new or increased risk. 🔒

🟢 New in Current Filing Transactional Revenues 🔒

🟢 New in Current Filing Net Stable Funding Ratio 🔒

🟢 New in Current Filing Forecasted U.S. Real GDP Growth Rates in Base Scenario 🔒

🟢 New in Current Filing Institutional Securities Loans and Lending Commitments by Industry 🔒

🟢 New in Current Filing Institutional Securities Commercial Real Estate Loans and Lending Commitments 🔒

🟢 New in Current Filing Year Ended December 31, 2023 🔒

🟢 New in Current Filing ACL—Lending commitments 🔒

🔴 No Match in Current Filing Russia and Ukraine War 🔒

🔴 No Match in Current Filing Fixed Income 🔒

🔴 No Match in Current Filing Accounting Development Updates 🔒

🔴 No Match in Current Filing Liquidity and Capital Resources 🔒

🟡 Modified A failure to address conflicts of interest appropriately could adversely affect our businesses and reputation. 🔒

🟡 Modified We are exposed to the risk that third parties that are indebted to us will not perform their obligations. 🔒

🟡 Modified A cyberattack, information or security breach or a technology failure of ours or a third party could adversely affect our ability to conduct our business or manage our exposure to risk, or result in disclosure or misuse of personal, confidential or proprietary information and otherwise adversely impact our results of operations, liquidity and financial condition, as well as cause reputational harm. 🔒

🟡 Modified Regulatory Capital Requirements 🔒

🟡 Modified A default by a large financial institution could adversely affect financial markets. 🔒

🟡 Modified Goodwill and Intangible Assets 🔒

🟡 Modified Legal and Regulatory Contingencies 🔒

🟡 Modified Pre-tax margin by segment4 🔒

🟡 Modified Our borrowing costs and access to the debt capital markets depend on our credit ratings. 🔒

🟡 Modified Investment Banking Revenues 🔒

🟡 Modified Asset Management 🔒

🟡 Modified Regulatory Capital 🔒

🟡 Modified Liquidity Coverage Ratio and Net Stable Funding Ratio 🔒

🟡 Modified By Property Type 🔒

🟡 Modified Unsecured Financing 🔒

🟡 Modified Credit Ratings 🔒

🟡 Modified Institutional Securities Loans and Lending Commitments Held for Investment 🔒

🟡 Modified Replacement of London Interbank Offered Rate and Replacement or Reform of Other Interest Rate Benchmarks 🔒

🔴 No Match in Current Filing A default by a large financial institution could adversely affect financial markets. 🔒

🔴 No Match in Current Filing Liquidity Risk 🔒

🔴 No Match in Current Filing Strategic Transactions 🔒

🔴 No Match in Current Filing Non-interest Expenses1 🔒

🔴 No Match in Current Filing Reconciliations from U.S. GAAP to Non-GAAP Consolidated Financial Measures 🔒

🔴 No Match in Current Filing Asset Management 🔒

🔴 No Match in Current Filing Rollforwards 🔒

🔴 No Match in Current Filing Liquidity Coverage Ratio and Net Stable Funding Ratio 🔒

🔴 No Match in Current Filing Credit Ratings 🔒

🔴 No Match in Current Filing Internal Audit Department 🔒

🔴 No Match in Current Filing Risk Management Process 🔒

🔴 No Match in Current Filing Lending commitments3 🔒

🔴 No Match in Current Filing Status of Loans Held for Investment 🔒

🔴 No Match in Current Filing commitments 🔒

🔴 No Match in Current Filing At December 31, 20221 🔒

🔴 No Match in Current Filing Total at December 31, 2022 🔒

🔴 No Match in Current Filing Margin and Other Lending 🔒

🔴 No Match in Current Filing Employee Loans 🔒

🔴 No Match in Current Filing Counterparty Credit Rating1 $ in millionsAAAAAABBBNIGTotalAt December 31, 2022Less than 1 year$2,903 $18,166 $40,825 $32,373 $10,730 $104,997 1-3 years1,818 8,648 17,113 19,365 6,974 53,918 3-5 years655 6,834 8,632 9,105 4,049 29,275 Over 5 years4,206 42,613 45,488 46,660 8,244 147,211 Total, gross$9,582 $76,261 $112,058 $107,503 $29,997 $335,401 Counterparty netting(4,037)(60,451)(79,334)(85,786)(17,415)(247,023)Cash and securities collateral(3,632)(13,402)(28,776)(14,457)(5,198)(65,465)Total, net$1,913 $2,408 $3,948 $7,260 $7,384 $22,913 🔒

🔴 No Match in Current Filing Credit Derivatives 🔒

🟡 Modified Regulatory Capital Framework 🔒

🟡 Modified We are a holding company and depend on payments from our subsidiaries. 🔒

🟡 Modified We may be prevented from paying dividends or taking other capital actions because of regulatory constraints or revised regulatory capital requirements. 🔒

🟡 Modified Net Interest 🔒

🟡 Modified Investment Banking 🔒

🟡 Modified Risk Management Process 🔒

🟡 Modified Economic and Market Conditions 🔒

🟡 Modified Institutional Securities Lending Activities 🔒

🟡 Modified Required ratios1 🔒

🟡 Modified Credit Spread Risk Sensitivity1 🔒

🟡 Modified Asset Management 🔒

🟡 Modified Capital Management 🔒

🟡 Modified Net Interest 🔒

🟡 Modified Collateralized Financing Transactions 🔒

🟡 Modified Income Taxes 🔒

🟡 Modified Net Income Applicable to Morgan Stanley by Segment1 🔒

🟡 Modified Capital ratios9 🔒

🟡 Modified Fixed Income 🔒

🟡 Modified Borrowings by Remaining Maturity at December 31, 20231 🔒

🟡 Modified Consolidated Results—Full Year Ended December 31, 2023 🔒

🟡 Modified Holding large and concentrated positions may expose us to losses. 🔒

🟡 Modified Provision for Credit Losses by Business Segment 🔒

🔴 No Match in Current Filing Earnings per Diluted Common Share1 🔒

🔴 No Match in Current Filing Acquisition of E*TRADE 🔒

🔴 No Match in Current Filing Morgan Stanley 🔒

🔴 No Match in Current Filing Capital Management 🔒

🔴 No Match in Current Filing Institutional Securities Loans and Lending Commitments by Industry 🔒

🔴 No Match in Current Filing Wealth Management Allowance for Credit Losses—Loans and Lending Commitments 🔒

🟡 Modified Income Taxes 🔒

🟡 Modified G-SIB Capital Surcharge 🔒

🟡 Modified Resolution and Recovery Planning 🔒

🟡 Modified Total Loss-Absorbing Capacity, Long-Term Debt and Clean Holding Company Requirements 🔒

🟡 Modified Functional Risk and Control Committees 🔒

🟡 Modified Wealth Management Net Interest Income Sensitivity Analysis 🔒

🟡 Modified We face strong competition from financial services firms and others, which could lead to pricing pressures that could materially adversely affect our revenues and profitability. 🔒

🟡 Modified Operations and Technology Committee of the Board 🔒

🟡 Modified Average Fee Rates1 🔒

🟡 Modified Funding Management 🔒

🟡 Modified Non-Trading Risks 🔒

🟡 Modified Compensation Expense 🔒

🟡 Modified Lending commitments3 🔒

🟡 Modified Provision for Credit Losses 🔒

🟡 Modified Liquidity Risk 🔒

🟡 Modified Institutional Securities Event-Driven Loans and Lending Commitments 🔒

🟡 Modified Average Fee Rates1 🔒

🟡 Modified Wealth Management Loans and Lending Commitments 🔒

🟡 Modified Non-Interest Expenses 🔒

🟡 Modified Total Assets by Business Segment 🔒

🟡 Modified Selected Non-GAAP Financial Information 🔒

🟡 Modified Net New Assets (NNA) 🔒

🟡 Modified Reconciliations from U.S. GAAP to Non-GAAP Consolidated Financial Measures 🔒

🟡 Modified Support and Control Groups 🔒

🟡 Modified Regulatory Capital Ratios 🔒

🟡 Modified Liquidity Resources 🔒

🟡 Modified Status of Loans Held for Investment 🔒

🟡 Modified Provision for Credit Losses 🔒

🟡 Modified Required Liquidity Framework 🔒

🟡 Modified Income Statement Information 🔒

🟡 Modified RWA Rollforward 🔒

🟡 Modified Non-Interest Expenses 🔒

🟡 Modified Selected Financial Information and Other Statistical Data 🔒

🟡 Modified Liquidity Coverage Ratio 🔒

🟡 Modified Average AUM 🔒

🟡 Modified Allowance for Credit Losses—Loans and Lending Commitments 🔒

🟡 Modified Other Net Revenues 🔒

🟡 Modified Projected Future Compensation Expense1 🔒

🟡 Modified Income Statement Information 🔒

🟡 Modified Non-Interest Expenses 🔒

🟡 Modified Provision for Credit Losses 🔒

🟡 Modified Non-GAAP Financial Measures by Business Segment 🔒

🟡 Modified Income Statement Information 🔒

🟡 Modified Institutional Securities Allowance for Credit Losses—Loans and Lending Commitments 🔒

🟡 Modified Morgan Stanley 🔒

🟡 Modified Capital Plans, Stress Tests and the Stress Capital Buffer 🔒

🟡 Modified Introduction 🔒

🟡 Modified Culture, Values and Conduct of Employees 🔒

🟡 Modified Secured Financing 🔒

🟡 Modified 95%/One-Day Management VaR 🔒

🟡 Modified Risk Mitigation 🔒

🟡 Modified Distribution of VaR Statistics and Net Revenues 🔒

🟡 Modified Daily Net Trading Revenues for 2023 🔒

🟡 Modified Projected Future Compensation Obligation1 🔒

🟡 Modified Self-Directed Channel 🔒

🟡 Modified Market Risk 🔒

🟡 Modified Lending commitments3 🔒

🟡 Modified Average Common Equity Attribution under the Required Capital Framework1 🔒

🟡 Modified Amounts Recognized in Compensation Expense 🔒

🟡 Modified Investments Sensitivity, Including Related Carried Interest 🔒

🟡 Modified Business Segments 🔒

🟡 Modified Amounts Recognized in Compensation Expense by Segment 🔒

🟡 Modified Liquidity Stress Tests 🔒

🟡 Modified Non-Interest Expenses 🔒

🟡 Modified Liquidity Resources by Type of Investment 🔒

🟡 Modified Performance-based Income and Other 🔒

🟡 Modified U.S. Bank Subsidiaries’ Supplemental Financial Information1 🔒

🟡 Modified Fee-Based Client Assets Rollforwards 🔒

🟡 Modified 2023 Compared with 2022 🔒

🟡 Modified Asset Management and Related Fees 🔒

🟡 Modified Workplace Channel1 🔒

🟡 Modified commitments 🔒

🟡 Modified Investment Banking Volumes 🔒

🟡 Modified Return on Tangible Common Equity Goal 🔒

🟡 Modified Common Stock Dividend Announcement 🔒

🟡 Modified U.S. Bank Subsidiaries 🔒

🟡 Modified Risk-Based Regulatory Capital Ratio Requirements 🔒