KEYCORP /NEW/

Key reported $454 million in net income from continuing operations attributable to Key common shareholders, or diluted earnings per share of $0.41, in the third quarter of 2025.

Our actions and results during the third quarter of 2025 support our corporate strategy described in the “Introduction” section under the “Corporate strategy” heading on page 50 of our 2024 Form 10-K.

•Client deposits and net new relationship households increased 2% year-over-year on an annualized basis, reflecting strong client growth and relationship depth.

•Our Assets Under Management stand at a record high of $67.9 billion for the third quarter of 2025, up 11% year-over-year, driven by net positive cash inflows and market impacts on portfolios.

•Our continuous focus on maintaining our risk discipline has and should continue to position us to perform well through all business cycles. Net charge-offs are tracking in line with our current outlook for the year.

•Our noninterest income strength continues to be driven by differentiated fee businesses strategically focused on targeted scale. On a quarterly basis, Investment banking and debt placement fees and Trust and investment services fees are up 8% and 7%, respectively, versus the prior year.

•We ended the quarter with a Common Equity Tier 1 ratio of 11.8%(a), up over 100 basis points year-over-year, which positions us to continue to support existing and prospective clients.

(a)September 30, 2025 capital ratios are estimates