Stifel Financial Corporation · NYSE:SF

Stifel Financial — UBS Wealth & Asset Management Conference 2023

13 slides from Stifel Financial's conference presentation, May 24, 2023

1. Slide 1: UBS Wealth & Asset Management Conference

   UBS Wealth & Asset Management Conference May 24, 2023

2. Slide 2: Disclaimer

   Disclaimer Forward-Looking Statements This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve significant risks, assumptions, and uncertainties, including statements relating to the market opportunity and futu

3. Slide 3: Long-term Strategic Objectives

   Long-term Strategic Objectives Global Wealth Management Achieve $1 Trillion in Client Assets Solidify our Position ■ ■ Recruiting & Acquisitions as Premier Wealth ■ ■ Technology Continue to Build Stifel Bank Management Firm & ■ Expand Client Deposits Investment Bank ■ Smart Rate ■ Corporate Deposits

4. Slide 4: A History of Organic Growth & Acquisitions

   A History of Organic Growth & Acquisitions 2022 2021 ACXIT Capital 2019 Vining Sparks Partners 2018 First Empire Torreya MainFirst Partners 2017 Ziegler Wealth City Management, Mooreland Partners 2016 GMP Business Eaton Partners Securities Bancshares Inc. George K. Baum 2015 ISM Capital B&F Capital

5. Slide 5: A Diversified Growth Company

   A Diversified Growth Company Net Revenue1 Earnings Per Share1,2 $5,000 2016 – LTM CAGR: 8% $4,737 $8.00 2016 – LTM CAGR: 20% $4,391 $4,381 $7.08 $4,500 $7.00 $4,000 $3,752 $6.00 $5.74 $5.67 $3,500 $3,337 $2,928 $3,025 $5.00 $4.56 $3,000 $2,580 $4.07 millions $2,500 $4.00 $3.52 $2,000 $3.00 $2.66 $1,

6. Slide 6: Business Overview

   Business Overview STIFEL 6

7. Slide 7: Stifel – Premier Investment Bank and Wealth Management Firm

   Stifel – Premier Investment Bank and Wealth Management Firm Stifel at a Glance 2022 GAAP Net Revenue - $4.4 billion Global Wealth Management (GWM) Institutional Group (IG) 2022 Net Revenue - $2.8 billion 2022Net Revenue - $1.5 billion  Private Client  Equity & Fixed Income Capital Raising  Stifel

8. Slide 8: Leading broker-dealer providing wealth management and institutional services to consumers and companies

   Leading broker-dealer providing wealth management and institutional services to consumers and companies Bulge Bracket Boutique  Size / scale  Firm focus  Large distribution  Good research  Size / scale  Trading  Growth investor access  Firm focus  Retail Issues  Stability (financial & pers

9. Slide 9: The Strength & Stability of Stifel

   The Strength & Stability of Stifel Stifel Stifel KRX Financial Financial Median HIGHLIGHTS 1Q23 4Q22 Profitability ■ Balanced Earnings Power Across Multiple Business Core ROAA 1.7% 2.1% 1.4% Lines Designed to Perform Through All Business Core ROTCE 19.9% 22.9% 19.0% Cycles NIM 3.57% 3.64% 3.62% Capi

10. Slide 10: Global Wealth Management (GWM)

    Global Wealth Management (GWM) Provides Securities Brokerage Services and Stifel Bank Products Overview National Presence  Grown from 600+ financial advisors in 2005 to 2,350 financial advisors currently  Proven organic growth and acquirer of private client business  Strategy of recruiting experi

11. Slide 11: GWM – Stifel Bancorp, Inc.

    GWM – Stifel Bancorp, Inc. Overview Key Statistics (millions) (1)(2)  Acquired FirstService Bank, a St. Louis-based, Missouri- Total assets $30,701 chartered commercial bank, in April 2007 Total deposits 28,325  Stifel Financial became a bank holding company and Total equity 2,200 financial servic

12. Slide 12: Diversified Deposit Portfolio

    Diversified Deposit Portfolio TOTAL DEPOSITS HIGHLIGHTS $40,000 ■ Highly Diversified Deposit Base $30,000 ■ Client Cash Remained at Stifel Provide Incremental FDIC Insurance millions $20,000 ■ $10,000 ■ Deposit Beta a Function of Cash Sorting ■ Deposit Beta Cycle-To-Date of 42% $- 1Q22 2Q22 3Q22 4Q2

13. Slide 13: Institutional Group

    Institutional Group Overview Net Revenues ($MM)2,4  Provides securities brokerage, trading, research, underwriting and $2,500 $2,152 corporate advisory services $2,000  Largest provider of U.S. Small & Mid Cap Equity Research $1,583 $1,536 4th largest U.S Investment bank by U.S. equity trading vol

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