State Street Bank International GmbH

State Street Bank International GmbH is the European banking entity of State Street Corporation, headquartered in Munich and licensed as a credit institution in Germany; it focuses on institutional securities services rather than retail banking, providing global custody and safekeeping, trade settlement, asset servicing (income collection, corporate actions, proxy), fund accounting and administration, depositary duties for UCITS and AIFs where authorized, transfer agency in certain markets, cash and liquidity services, foreign exchange execution, securities lending and collateral management (some services delivered via group affiliates), and related data and reporting solutions to asset managers, asset owners, insurers, banks, and public institutions across the EEA and the UK through branches. As a significant cross-border institution it is subject to prudential supervision by the European Central Bank within the Single Supervisory Mechanism and to German national supervision by BaFin and the Deutsche Bundesbank, with local conduct supervision applicable to branches, and it falls within the EU resolution framework overseen by the Single Resolution Board, including minimum requirements for own funds and eligible liabilities. Eligible client deposits at the German head office and EEA branches are covered by the German statutory deposit guarantee scheme (EdB) up to the limits set by the EU Deposit Guarantee Schemes Directive, with eligibility and coverage varying by client type and jurisdiction, and the bank publishes audited annual financial statements and Pillar 3 disclosures that detail capital, liquidity, risk management, and leverage under the CRR/CRD regime. Commercial relationships are governed by service agreements and negotiated fee schedules based on assets, transactions, and optional services; onboarding is subject to KYC/AML and sanctions screening under German and EU law; and technology connectivity is available via industry-standard channels and State Street platforms. The franchise operates without consumer-facing products such as current accounts, cards, or mortgages, and revenues are largely fee-based and sensitive to market valuations and transaction volumes, with operational, cyber, outsourcing, and regulatory change risks identified in public filings; prospective institutional clients should review jurisdictional permissions, depositary eligibility, account structures, and applicable protection schemes for their specific use case, alongside the latest disclosures of both State Street Bank International GmbH and its parent, State Street Corporation (NYSE: STT).