Morgan Stanley Declares Dividends on Its Preferred Stock

• Floating Rate Non-Cumulative Preferred Stock, Series A - $289.61per share (equivalent to $0.289613per Depositary Share)

• 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $445.31per share (equivalent to $0.445313per Depositary Share)

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F - $429.69per share (equivalent to $0.429688per Depositary Share)

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I - $398.44per share (equivalent to $0.398438per Depositary Share)

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K - $365.63 per share (equivalent to $0.365625 per Depositary Share)

• 4.875 Percent Non-Cumulative Preferred Stock, Series L - $304.69 per share (equivalent to $0.304688 per Depositary Share)

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M - $29.38 per share

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series N - $1,806.05per share (equivalent to $18.060492per Depositary Share)

• 4.250 Percent Non-Cumulative Preferred Stock, Series O - $265.63 per share (equivalent to $0.265625 per Depositary Share)

• 6.500 Percent Non-Cumulative Preferred Stock, Series P - $406.25 per share (equivalent to $0.406250 per Depositary Share)

• 6.625 Percent Non-Cumulative Preferred Stock, Series Q - $414.06 per share (equivalent to $0.414063 per Depositary Share)

The dividends for the Preferred Stock Series M and N are payable on March 16, 2026 to stockholders of record at the close of business on February 27, 2026.

The dividends for the Preferred Stock Series A, C, E, F, I, K, L, O, P and Q are payable on April 15, 2026 to stockholders of record at the close of business on March 31, 2026.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.

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