BNY Mellon Statement on the Results of the Second Round of 2020 Stress Tests

The company’s share repurchase program, authorized by its board of directors, may be utilized, at management’s discretion, to conduct these repurchases.  The timing, manner and amount of repurchases is subject to various factors, including our capital position, capital deployment opportunities, prevailing market conditions, legal and regulatory considerations (including the restriction described above), and our outlook for the economic environment.

ABOUT BNY MELLON

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Sept. 30, 2020, BNY Mellon had $38.6 trillion in assets under custody and/or administration, and $2.0 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com[1]. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom[2] for the latest company news.

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