1.2 NATIONAL FINANCIAL SERVICES LLC 2026 01 2026-04-29T15:47:16Z 2026 01 12.23 98.27 1.45 0.13 0.15 G1 Execution Services, LLC ETMM 17.29 18.94 0.13 0.15 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 15.49 15.86 14.80 2.88 13.24 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Citadel Securities LLC CDRG 14.88 14.95 17.43 3.23 30.91 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 14.55 14.97 10.47 10.75 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 12.36 13.55 0.07 0.09 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. HRT FINANCIAL LP HRTF 11.87 13.01 0.07 0.13 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 2.52 2.75 0.03 0.03 3.78 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 2.48 2.72 0.03 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. LLC GSCO 2.43 2.66 0.01 0.01 0.15 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Intelligent Cross LLC INCR 0.71 0.00 6.97 12.13 0.00 0 0.0000 -9 -8.0000 -3 -8.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. 2.57 96.11 3.10 0.67 0.12 National Financial Services LLC XSTM 24.90 27.01 1.76 0.42 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 14.97 16.30 0.10 0.05 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 14.76 13.54 34.72 15.47 4.13 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Citadel Securities LLC CDRG 14.14 12.70 37.29 15.67 8.40 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 10.68 11.62 0.26 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. HRT FINANCIAL LP HRTF 10.25 11.16 0.08 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 2.13 2.32 0.01 0.01 1.77 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 2.11 2.30 0.01 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. LLC GSCO 2.07 2.26 0.03 0.01 0.15 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. NASDAQ Stock Market NSDQ 0.64 0.06 22.90 0.00 0.00 -2487 -14.5093 -485 -6.4140 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees or receives rebates for orders executed on specific equities exchanges Rebates are for limit orders required to be displayed on exchange Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Information reflecting the NSDQ tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918921.html 98.48 0.00 0.00 0.01 99.99 Wolverine Execution Services LLC WEXX 21.05 0.00 0.00 0.00 21.05 0 0.0000 0 0.0000 0 0.0000 -3005 -20.3228 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. GLOBAL EXECUTION BROKERS, LP GEBB 20.95 0.00 0.00 0.00 20.95 0 0.0000 0 0.0000 0 0.0000 -6571 -28.6065 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Dash Financial Technologies LLC DASH 20.92 50.00 0.00 0.00 20.92 0 0.0000 0 0.0000 0 0.0000 -105 -0.7325 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Citadel Securities LLC CDRG 20.89 0.00 0.00 3.45 20.89 0 0.0000 0 0.0000 0 0.0000 -9134 -44.0832 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type.   NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. NYSE Arca Options ARCA 6.68 0.00 0.00 24.14 6.68 0 0.0000 0 0.0000 9 22.2100 10847 22.2100 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf Information reflecting the ARCA tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918922.html Cboe Options Exchange CBOE 6.11 0.00 0.00 24.14 6.11 0 0.0000 0 0.0000 -5 -23.7900 -5771 -23.7900 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/ Information reflecting the CBOE tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918922.html 2026 02 11.05 97.48 2.05 0.14 0.33 G1 Execution Services, LLC ETMM 17.56 18.84 0.13 0.22 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Citadel Securities LLC CDRG 16.57 15.90 28.81 6.67 51.37 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. National Financial Services LLC XSTM 16.02 16.65 7.87 8.12 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 15.93 15.54 25.16 6.22 17.39 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 13.45 14.44 0.10 0.13 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. HRT FINANCIAL LP HRTF 10.15 10.89 0.08 0.11 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. LLC GSCO 2.63 2.82 0.03 0.06 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 2.31 2.45 0.02 0.02 6.16 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 1.81 1.94 0.02 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. GTS SECURITIES LLC GTSM 0.38 0.41 0.00 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. 2.28 95.58 3.53 0.70 0.19 National Financial Services LLC XSTM 26.05 27.98 4.86 3.63 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Citadel Securities LLC CDRG 15.19 13.60 38.00 18.79 29.22 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 14.91 16.24 0.10 0.03 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 14.80 13.38 35.35 18.22 8.74 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 11.39 12.39 0.30 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. HRT FINANCIAL LP HRTF 8.61 9.39 0.04 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. LLC GSCO 2.27 2.47 0.02 0.01 0.12 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 1.94 2.11 0.01 0.01 4.67 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 1.55 1.69 0.01 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. NYSE Arca ARCA 0.53 0.01 0.13 24.15 0.00 -239 -12.0000 -2 -1.6367 1310 12.0508 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees or receives rebates for orders executed on specific equities exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Rebates are for limit orders required to be displayed on exchange Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/NYSE_Arca_Marketplace_Fees.pdf Information reflecting the ARCA tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918924.html 98.92 0.00 0.00 0.00 99.99 GLOBAL EXECUTION BROKERS, LP GEBB 20.12 0.00 0.00 13.16 20.12 0 0.0000 0 0.0000 0 0.0000 -5281 -32.4467 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Wolverine Execution Services LLC WEXX 20.07 0.00 0.00 7.89 20.08 0 0.0000 0 0.0000 0 0.0000 -1505 -13.4094 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Dash Financial Technologies LLC DASH 19.98 0.00 0.00 23.68 19.98 0 0.0000 0 0.0000 0 0.0000 -433 -4.6934 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Citadel Securities LLC CDRG 19.91 0.00 0.00 13.16 19.91 0 0.0000 0 0.0000 0 0.0000 -5124 -59.7560 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type.   NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. NYSE Arca Options ARCA 7.49 0.00 0.00 0.00 7.49 0 0.0000 0 0.0000 0 0.0000 14857 30.6300 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf Information reflecting the ARCA tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918925.html Cboe Options Exchange CBOE 7.12 0.00 0.00 0.00 7.12 0 0.0000 0 0.0000 0 0.0000 -6157 -24.5600 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/ Information reflecting the CBOE tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918925.html 2026 03 14.55 98.16 1.46 0.10 0.28 National Financial Services LLC XSTM 16.55 17.24 12.58 7.90 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Citadel Securities LLC CDRG 16.48 17.25 12.86 1.24 49.38 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 16.44 17.47 10.75 1.10 19.74 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 15.53 17.37 0.05 0.03 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 14.54 16.27 0.05 0.03 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. HRT FINANCIAL LP HRTF 6.69 7.49 0.02 0.01 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. LLC GSCO 2.57 2.88 0.00 0.01 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. UBS Securities, LLC UBSS 1.70 1.88 0.00 0.00 6.54 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 1.24 1.39 0.01 0.01 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. NASDAQ Stock Market NSDQ 1.21 0.01 0.94 32.74 0.00 -1073 -14.5001 0 0.0000 735 16.9312 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees or receives rebates for orders executed on specific equities exchanges Rebates are for limit orders required to be displayed on exchange Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Information reflecting the NSDQ tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918924.html 2.49 97.07 2.28 0.47 0.18 National Financial Services LLC XSTM 26.58 28.95 12.47 5.59 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders may be routed to NFS’s Alternative Trading System, CrossStream. NFS is not charged an explicit fee for orders executed in CrossStream but may receive a trading commission from the contra-side party against which the order executed. Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. VIRTU Americas, LLC NITE 14.45 14.94 14.71 4.81 6.41 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Citadel Securities LLC CDRG 14.45 14.75 16.52 4.92 17.30 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. G1 Execution Services, LLC ETMM 12.96 14.79 0.06 0.01 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Jane Street Capital, LLC JNST 12.24 13.95 0.27 0.04 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. HRT FINANCIAL LP HRTF 5.61 6.40 0.02 0.02 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Goldman, Sachs & Co. LLC GSCO 2.17 2.47 0.01 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees for orders executed in Alternative Trading Systems. These fees are agreed upon between NFS and the Alternative Trading Systems or directly set by the Alternative Trading Systems. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. NASDAQ Stock Market NSDQ 1.57 0.06 0.44 33.08 0.00 -5893 -14.5243 -154 -5.2916 53 0.1949 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS is charged fees or receives rebates for orders executed on specific equities exchanges Rebates are for limit orders required to be displayed on exchange Economics associated with Market orders, Marketable Limit orders and Other orders may represent a variety of different interaction types on the exchange, including but not limited to: participating in the exchange’s opening or closing auction; displaying limit orders on the exchange; and removing liquidity on the exchange. The per-share economics described on this report represent a mix of interactions on the exchange. Fees and rebates are set by exchange rules, subject to SEC approval, and are non-negotiable. Visit exchange websites directly for detailed price lists: https://nasdaqtrader.com/Trader.aspx?id=PriceListTrading2 Information reflecting the NSDQ tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918927.html UBS Securities, LLC UBSS 1.39 1.58 0.01 0.00 3.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue. Two Sigma Securities, LLC SOHO 1.04 1.18 0.01 0.00 0.00 0 0.0000 0 0.0000 0 0.0000 0 0.0000 Orders to each venue are categorized as “market”, “limit” or “other” based on the parameters of the order placed by the customer. Limit orders are categorized as “marketable limit” and “non-marketable limit” based on the market conditions at the time the order is routed. NFS does not accept payment for order flow, rebates, or other remuneration from this venue 98.82 0.00 0.00 0.00 100.00 NYSE Arca Options ARCA 17.50 0.00 0.00 0.00 17.50 0 0.0000 0 0.0000 0 0.0000 14462 22.2100 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.nyse.com/publicdocs/nyse/markets/arca-options/NYSE_Arca_Options_Fee_Schedule.pdf Information reflecting the ARCA tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918928.html Cboe Options Exchange CBOE 17.06 0.00 0.00 0.00 17.06 0 0.0000 0 0.0000 0 0.0000 -7303 -23.2300 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/ Information reflecting the CBOE tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918928.html Wolverine Execution Services LLC WEXX 13.42 0.00 0.00 0.00 13.42 0 0.0000 0 0.0000 0 0.0000 -1263 -9.9467 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Citadel Securities LLC CDRG 13.38 0.00 0.00 0.00 13.38 0 0.0000 0 0.0000 0 0.0000 -5607 -53.4300 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type.   NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Dash Financial Technologies LLC DASH 13.36 0.00 0.00 25.00 13.36 0 0.0000 0 0.0000 0 0.0000 1680 15.0964 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. GLOBAL EXECUTION BROKERS, LP GEBB 13.33 0.00 0.00 12.50 13.33 0 0.0000 0 0.0000 0 0.0000 -5798 -39.0704 NFS receives payment for order flow on multi-leg and single-leg option orders routed to market makers. For multi-leg options orders the payment rate is between $0.40 and $0.48 per contract. For marketable single-leg option orders the payment rate is between $0.30 and $0.40 per contract. For non-marketable single-leg option orders the payment rate is between $0.40 and $0.50 per contract. All market makers pay the same rate for any given order flow type. NFS does not consider payment as a condition for sending more order flow to a market maker. Options markets are structurally different from equities markets. Options orders require the use of specialized options brokers to deliver price improvement, all options trades must occur on an exchange and are subject to exchange pricing schedules. Options orders in some securities, such as index options, or orders from customers designated as Professional Customers, may incur execution costs rather than rebates, and options brokers may pass through those execution costs to NFS. Index options may be routed to options brokers with different allocations than non-index options, and as such, the per-contract fees and rebates may look materially different across options brokers. Cboe BZX Options Exchange, Inc. BATS 9.14 0.00 0.00 0.00 9.14 0 0.0000 0 0.0000 658 23.1800 802 23.1800 NFS incurs fees and receives rebates for orders executed on specific options exchanges. Fees and rebates are set by exchange rules, subject to SEC approval, are non-negotiable, and may include tiers based on volume thresholds. Visit exchange websites directly for detailed price lists: https://www.cboe.com/us/options/membership/fee_schedule/bzx/ Information reflecting the BATS tiered pricing/payment schedule, as applicable to NFSC, can be found at: https://clearingcustody.fidelity.com/app/literature/item/9918928.html