FOR IMMEDIATE RELEASE

September 9, 2020

Morgan Stanley and Mitsubishi UFJ Trust andBanking Corporation Enter into a Strategic Allianceto provide Stock Plan Solutions to JapaneseCompanies
NEW YORK/CALGARY/TOKYO – Morgan Stanley today announced a strategic alliance
between Shareworks by Morgan Stanley (Shareworks) and Mitsubishi UFJ Trust and Banking
Corporation. The alliance will provide market leading stock plan administrative services toexecutives and employees of Japanese companies.
Shareworks is a leading global stock plan administration platform that provides software andadministration services to more than 3,900 corporate clients with 2.7 million participants in morethan 150 countries, transacting in over 50 currencies.1
This alliance in Japan will further accelerate the delivery of Morgan Stanley’s comprehensive
end-to-end suite of workplace financial solutions, by providing compensation plan services thatwill maintain and strengthen the competitiveness of Japanese companies by meeting the needsof their employees. Morgan Stanley at Work, a suite of workplace financial solutions which helporganizations maximize employee financial benefits, will also have the opportunity to provide
Financial Wellness services to U.S. participants of Japanese companies in recognition of the factthat financial stress is a leading concern of employees.
“Our strategic alliance with Mitsubishi UFJ Trust and Banking Corporation is a significant
opportunity for Shareworks as the number of Japanese companies adding equity plans is
growing about 35% annually2,” said Jed Finn, Head of Corporate & Institutional Solutions andCOO of Wealth Management. “The alliance will also position us to provide financial wellness,retirement and wealth management services to the U.S. participants of Japanese companies.”
Mitsubishi UFJ Trust and Banking Corporation is one of Japan's largest trust banks and a core
member of Mitsubishi UFJ Financial Group, Inc. which has had a strategic alliance with MorganStanley since 2009.
This alliance is the latest example of Morgan Stanley’s commitment to become a leader inproviding financial solutions to companies and their employees.
Morgan Stanley acquired Solium Capital Inc. in May 2019 and the company was rebranded
Shareworks by Morgan Stanley. Shareworks is a part of the Morgan Stanley at Work suite ofMedia Relations: Susan Siering, 212.761.6030

financial solutions which also includes Retirement and Financial Wellness. Morgan Stanley atWork combines cutting-edge planning and risk management software, Morgan Stanleyintellectual capital and financial education delivered through multiple channels to enable
employees to build a holistic plan to achieve their financial goals. Shareworks currently has
offices in the U.S., Canada, Europe and Asia-Pacific. Since acquisition, Morgan Stanley at Work
has added more than 525 new corporate clients, including, Uber, Xero, Diageo, and Coca Cola
European Partners.3
The recently announced Morgan Stanley acquisition of E*TRADE (which is expected to close in
the fourth quarter of 2020, subject to regulatory approvals and customary closing conditions) willfurther expand Morgan Stanley’s leadership in Workplace Wealth with over 4.6 million stock plan
participants collectively, approximately 4,730 corporate plans and over $580 billion in combined
stock plan balances.4
In May, Morgan Stanley announced its plan to launch Morgan Stanley Wealth Management
Canada, a full-service wealth management offering to complement the existing Shareworks byMorgan Stanley stock plan administrative services it provides to executives and employees who
reside in Canada (subject to regulatory approval). 5About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investmentbanking, securities, investment management and wealth management services. With offices inmore than 41 countries, the Firm's employees serve clients worldwide including corporations,governments, institutions and individuals. For more information about Morgan Stanley, please
visit www.morganstanley.com.
Morgan Stanley at Work and Shareworks by Morgan Stanley are service marks of Morgan
Stanley or its affiliates.
1,3 “Morgan Stanley to Acquire E*Trade” Investor Presentation, February 20, 2020.

2 “Current status of stock-based compensation” (Mitsubishi UFJ Trust and Banking Corporation

data compiled based on company disclosures to the Tokyo Stock Exchange.)

4 Morgan Stanley Second Quarter 2020 Earnings Call.

5 Morgan Stanley to Launch Wealth Management in Canada as Part of its Leading Workplace

Offering, May 20, 2020

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