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A partner in performance As your strategic partner, we’ll help you identify opportunities and mitigate challenges, making your company more effective and resilient. With $28.4 trillion in assets under custody and administration, and $2.48 trillion in assets under management, 1 we serve clients in more than 110 markets. You benefit from our global reach, expertise, and a unique combination of consistency and innovation. Use our solutions to manage uncertainty, act on growth opportunities, optimize cost structures and enhance the value of your services. Our flexible suite of services spans the investment spectrum: State Street Global Advisors (SSGA) You can rely on our asset management business, for disciplined, precise investment process and powerful global investment platform. Our investment culture is built on the experience and skill that each of our nearly 400 investment professionals and more than 2,500 employees 2 around the world bring to every client relationship. State Street, in partnership with the American Stock Exchange, created the first exchange-traded fund (ETF) in 1993 (SPDR ® S&P 500, ticker symbol SPY) SSGA’s SPDR ® brand 3 has become an ETF leader, with more than $413 billion 1 in assets under management globally — one of the broadest ranges of ETFs in the industry State Street Global Markets Our investment research and trading arm, provides specialized research, trading, securities lending and innovative portfolio strategies to owners and The State Street Advantage 1 This AUM includes the assets of the SPDR Gold Trust (approx. $33 billion as of June 30, 2014), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent. 2 State Street Global Advisors, June 30, 2014 3 SPDR is a registered trademark of Standard & Poor’s Financial Services LLC (S&P) and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advisability of buying, selling or holding units/shares in such products. Further limitations and important information that could affect investors’ rights are described in the prospectus for the applicable product. The State Street Advantage Q2 2014 INDUSTRY LEADERSHIP Our long-standing reputation as a capable and experienced solutions provider consistently positions us at the top of industry rankings: No. 1 Equity Lender, Global Investor/isf 2013 Equity Lending and Technology Survey Global Custody Award Winner, aiCIO 2013 Industry Innovation Awards, 2014 European Innovation Awards Mutual Fund Administrator of the Year, Transfer Agent of the Year, 2014 Custody Risk Americas Awards Best ETF Service Provider in Asia Pacific and Europe, exchangetradedfunds.com 2014 Global ETF Awards No. 1 in Flow Research and Quantitative Research for Real Money Clients, Euromoney 2014 Foreign Exchange Survey Best Global Custodian in Asia Pacific, Best Securities Financing House Asia Asset Management 2013 Best of the Best Awards No. 1 Global Custodian (weighted rankings), Global Investor/isf 2014, Global Custody Survey

The State Street Advantage...The State Street Advantage 1 This AUM includes the assets of the SPDR Gold Trust (approx. $33 billion as of June 30, 2014), for which State Street Global

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A partner in performance

As your strategic partner, we’ll help you identify opportunities and

mitigate challenges, making your company more effective and resilient.

With $28.4 trillion in assets under custody and administration, and

$2.48 trillion in assets under management,1 we serve clients in more

than 110 markets. You benefit from our global reach, expertise, and

a unique combination of consistency and innovation. Use our solutions

to manage uncertainty, act on growth opportunities, optimize cost

structures and enhance the value of your services.

Our flexible suite of services spans the investment spectrum:

State Street Global Advisors (SSGA)

You can rely on our asset management business, for disciplined, precise

investment process and powerful global investment platform. Our investment

culture is built on the experience and skill that each of our nearly

400 investment professionals and more than 2,500 employees2 around

the world bring to every client relationship.

• State Street, in partnership with the American Stock Exchange, created

the first exchange-traded fund (ETF) in 1993 (SPDR® S&P 500, ticker

symbol SPY)

• SSGA’s SPDR® brand3 has become an ETF leader, with more than

$413 billion1 in assets under management globally — one of the broadest

ranges of ETFs in the industry

State Street Global Markets

Our investment research and trading arm, provides specialized research,

trading, securities lending and innovative portfolio strategies to owners and

The State Street Advantage

1 This AUM includes the assets of the SPDR Gold Trust (approx. $33 billion as of June 30, 2014), for which State Street Global Markets, LLC, an affiliate of State Street Global Advisors, serves as the marketing agent. 2 State Street Global Advisors, June 30, 20143 SPDR is a registered trademark of Standard & Poor’s Financial Services LLC (S&P) and has been licensed for use by State Street Corporation. No financial product offered by State Street Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&P or its affiliates, and S&P and its affiliates make no representation, warranty or condition regarding the advis ability of buying, selling or holding units/shares in such products. Further limitations and important information that could affect investors’ rights are described in the prospectus for the applicable product.

The State Street Advantage

Q2 2014

INDUSTRY LEADERSHIP

Our long-standing reputation as a

capable and experienced solutions

provider consistently positions us

at the top of industry rankings:

• No. 1 Equity Lender, Global Investor/isf 2013 Equity Lending and Technology Survey

• Global Custody Award Winner, aiCIO 2013 Industry Innovation Awards, 2014 European Innovation Awards

• Mutual Fund Administrator of the Year, Transfer Agent of the Year, 2014 Custody Risk Americas Awards

• Best ETF Service Provider in Asia Pacific and Europe, exchangetradedfunds.com 2014 Global ETF Awards

• No. 1 in Flow Research and Quantitative Research for Real Money Clients, Euromoney 2014 Foreign Exchange Survey

• Best Global Custodian in Asia Pacific, Best Securities Financing House Asia Asset Management 2013 Best of the Best Awards

• No. 1 Global Custodian (weighted rankings), Global Investor/isf 2014, Global Custody Survey

managers of institutional assets. Our goal is to enhance and preserve portfolio

values for our clients through original research, proprietary portfolio and risk

management technologies, trading optimization and global connectivity.

• Traded $19.8 trillion in volume across equity and foreign exchange in 2013

• Strong securities lending program, with more than $3.24 trillion in average

lendable assets as of June 30, 2014

• Maintained trading relationships with 88 of the top 100 global

investment managers4

State Street Global Services

Our investment servicing business provides the essential financial

infrastructure for delivering effective investment servicing solutions globally.

Our capabilities in asset servicing, operations outsourcing and analytics enable

you to manage operational risk — across all major markets.

• Serviced more than $1.33 trillion5 in alternative assets globally for hedge

funds, private equity, real estate and funds of funds

• Provided performance and analytics services to approximately 1,412 clients

with asset volumes exceeding $11.5 trillion6

• Handled $10 trillion7 in middle-office assets under administration

State Street Global Exchange

As a strategic partner to asset owners and managers, our capabilities in

research and advisory, portfolio performance and risk analytics, electronic

trading and clearing, information and data management help clients zero in

on the opportunities and actions that will generate the most value.

• Integrated solutions across the lifecycle of your trades

• Multi-asset class, flexible products and services tailored to your needs

• Daily measures of national inflation in 20 countries through State Street’s

PriceStats indices

4 Based on the P&I/Towers Watson World 500: World’s Largest Money Managers, March 31, 2014 5 As of June 30, 2014 6 As of December 31, 2013 7 As of June 30, 2014

This document is a general marketing communication. The information within this communication is for informational purposes only and is subject to change without notice. Products and services described in this communication may not be suitable for all users. The contents hereof do not constitute an offer or a solicitation to buy or sell any financial instrument, product or service. Products and services outlined in this document are offered to professional investors through State Street Global Markets, LLC, which is a member of the National Futures Association, FINRA, SIPC and the New York Stock Exchange, or State Street Bank GmbH, London Branch, which is authorized and regulated by the Bundesanstalt fur inanzdienstleistungsaufsicht (BaFin) and regulated by the Financial Authority for the conduct of UK business. Custodial products and services outlined in this document are offered to professional investors through State Street Bank and Trust Company and its affiliates. This information is not intended for and must not be used by retail or other similar private investors. Not all products and services mentioned in this communication are available in all jurisdictions. Certain portions of this communication are subject to additional disclosures and disclaimers. In the event of a conflict between those disclosures and disclaimers and these terms and conditions, the additional disclosures and disclaimers will govern for such portions and pages. All material, including information sourced from or attributed to State Street, has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. Investing involves risk including the risk of loss of principal. The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without State Street’s express written consent.

THE STATE STREET ADVANTAGE

14-22619-0814©2014 STATE STREET CORPORATION CORP-1074 Expiration Date: 08/31/2015

www.statestreet.com

STATE STREET BY THE NUMBERS

• Founded in 1792

• NYSE ticker symbol: STT

• 29,420 employees as of June 30, 2014

• Serving more than 110 markets

For more information, please visit www.statestreet.com.