STIFEL FINANCIAL CORP

We operate our business from our principal location in St. Louis, Missouri, in approximately 471,000 square feet of office space that we own. Our owned location and principal leases, identified below, support more than one of our business segments.

We lease the premises we occupy in other U.S. and foreign locations, including private client branch office operations. Our leases contain various expiration dates through fiscal year 2039. Our principal leases are in the following locations:

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We occupy leased space in major metropolitan areas throughout the U.S. which is used to provide services across our various businesses or in certain cases to provide corporate services outside of our principal location in St. Louis, Missouri, including approximately 287,000 square feet in New York City, 72,000 square feet in San Francisco, and 61,000 square feet in Baltimore;

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We occupy leased space of approximately 25,000 square feet in Toronto along with other office locations in Canada; and

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We occupy leased space of approximately 42,000 square feet in London, along with other office locations in Europe.

We regularly monitor the facilities we own or occupy to ensure that they meet our needs. We believe that, at the present time, the space available to us in the facilities under our current leases and co-location arrangements are suitable and adequate to meet our needs and that such facilities have sufficient productive capacity and are appropriately utilized. To the extent that they do not meet our needs, we will expand, contract, or relocate, as necessary. See Notes 2 and 20 of the Notes to Consolidated Financial Statements of this Form 10-K for information regarding our lease obligations.