INVITE Jefferies Financials Sector Update Call - June 11th at 11AM ET

Research evidence excerpt

INVITE Jefferies Financials Sector Update Call - June 11th at 11AM ET

nstruments discussed in this report receives compensation

based in part on the overall performance of the firm, including investment banking income. We seek to update our research as appropriate, but various regulations

may prevent us from doing so. Aside from certain industry reports published on a periodic basis, the large majority of reports are published at irregular intervals

as appropriate in the analyst's judgement.

Investment Recommendation Record

(Article 3(1)e and Article 7 of MAR)

Recommendation Published June 9, 2026 14:26 P.M.

Recommendation Distributed June 9, 2026 14:26 P.M.

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Explanation of Jefferies Ratings

Buy - Describes securities that we expect to provide a total return (price appreciation plus yield) of 15% or more within a 12-month period.

Hold - Describes securities that we expect to provide a total return (price appreciation plus yield) of plus 15% or minus 10% within a 12-month period.