STIFEL FINANCIAL CORP

Stifel Financial Corp. is a Delaware corporation and a financial holding company headquartered in St. Louis. We were organized in 1983. Our principal subsidiary is Stifel, Nicolaus & Company, Incorporated ( Stifel ), a full-service retail and institutional wealth management and investment banking firm. Stifel is the successor to a partnership founded in 1890. Our other subsidiaries include Stifel Independent Advisors, LLC ( SIA ), an independent contractor broker-dealer firm; Keefe, Bruyette & Woods, Inc. ( KBW ), a broker-dealer firm; Stifel Nicolaus Europe Limited ( SNEL ), our European subsidiary; Stifel Nicolaus Canada Inc. ( SNC ), our Canadian subsidiary; Stifel Bank & Trust and Stifel Bank, retail and commercial banks, Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. (collectively, Stifel Trust ), our trust companies (collectively Stifel Bancorp ); and 1919 Investment Counsel, LLC, an asset management firm. Unless the context requires otherwise, the terms the Company, our company, we, and our, as used herein, refer to Stifel Financial Corp. and its subsidiaries. We have a 135-year operating history and have built a diversified business serving private clients, institutional investors, and investment banking clients located across the country.