As a business, Raymond James has grown from a foundational idea, that the management of personal wealth should be guided by clients’ personal needs and goals. Concurrently, as a firm, Raymond James has grown from foundational ideals: that the client comes first, that long-term thinking is essential, that integrity matters, and that we value independence. Together, we see them as a philosophy centered on people and their well-being. Amid rapid changes in the world and business environment, these rock-steady principles have remained our strength and guide. It is in the light of these ideas – and ideals – that we approach opportunities pertaining to governance, sustainability, community and the workplace experiences of advisors and associates. This report is a window into that process. It also creates an opportunity to provide updates on key developments throughout our firm. As a preview of those updates, I am proud to note that we have completed an important change to the committee structure of our board of directors, creating the Corporate Governance and ESG Committee and the Compensation and Talent Committee. This structure will enhance the board’s oversight of the company’s strategies, policies and programs with respect to environmental, social and governance (ESG) matters. Additionally, we continued to expand on our reporting efforts. Those efforts included publishing our second Corporate Responsibility Report in April 2022 and disclosing our Employment Information Report (also known as the EEO-1) for the first time.