Strategic investment builds on long-standing collaboration between the two organizations

NEW YORK,March 13,2025 -- EquiLend,the global leader in technology,data and analytics solutions for the securities finance industry,today announced a minority investment from an affiliate of The Bank of New York Mellon Corporation (BNY) (NYSE: BK).

BNY's investment represents a significant commitment toEquiLendand its suite of technology solutions. BNY,alongside eight additional major financial institutions with strategic investments inEquiLend,will advise the company on enabling further innovation and efficiency across the securities finance ecosystem.

BNY will also join a select group of planned initial users ofEquiLend's1Source solution,the first industry-wide single source of truth for securities finance transactions. The 1Source platform has been developed in collaboration with leading industry participants to enhance transparency,reduce inefficiencies and establish new operational standards for the global securities finance market,delivered via smart contracts across a distributed ledger (DLT). By addressing critical inefficiencies,1Source will represent a significant advancement and is positioned to become a foundational market infrastructure solution.

Nehal Udeshi,Head of Securities Finance,BNY,said:"This investment reflects our confidence inEquiLend's ability to tackle the industry's biggest challenges with innovative solutions that drive greater efficiency. We are confident inEquiLend's central role in the marketplace and plans to further redefine securities finance with innovative market infrastructure."

"BNY has been a strong partner ofEquiLend's since shortly after the company's founding over 20 years ago. This investment brings added advisory leaders and underscores the commitment to our products and transformative potential of our long-term strategy,"said Rich Grossi,CEO ofEquiLend. "We continue to be focused on solving our industry's needs,and this collaboration brings us even closer to driving forward our vision for a more efficient,transparent and modern securities finance industry."

For more information about 1Source andEquiLend's comprehensive suite of financial technology solutions,please visitwww.equilend.com.

About EquiLend

EquiLend is a global financial technology firm offering Trading,Post-Trade,Data & Analytics,RegTech and Platform Solutions for the securities finance industry. With offices in North America,EMEA and Asia-Pacific,EquiLend operates across multiple jurisdictions worldwide,adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S.,UK,Ireland and India and has been awarded Americas and EMEA Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2024. For more information,please visitwww.equilend.com

MediaContacts

For EquiLend:

equilend@fullyvested.com

christopher.gohlke@equilend.com

For BNY:

ryanw@bny.com