On August 9, 2022, the Board of Directors of The Bank of New York Mellon Corporation appointed Robin Vince to the position of Chief Executive Officer, in addition to his current role as President, and has elected Mr. Vince as a member of the Board, in each case, effective August 31, 2022. As previously announced, Todd Gibbons will be retiring as CEO and as a member of the Board, effective August 31, 2022. Mr. Vince was also appointed CEO of the Company's wholly-owned principal subsidiary, The Bank of New York Mellon and was elected to the Bank's board of directors, effective August 31, 2022.

Mr. Vince, 51, has served as President and CEO-Elect of the Company since March 4, 2022, and previously served as Vice Chair and CEO of Global Market Infrastructure from October 2020 to March 2022. Prior to joining the Company, Mr. Vince was a Senior Director at Goldman Sachs Group Inc. from January 2020 to September 2020 and a Participating Managing Director at Goldman Sachs Group Inc. from 2006 to 2019.