Equity Award Analysis 

¹ To make the most of your Equity Award Analysis, you should be prepared to provide relevant tax inputs, including specific tax brackets, during the meeting. Certain types of equity such as stock purchased from an Employee Stock Purchase Plan or through exercise of an Incentive Stock Option, may be subject to special tax rules not reflected in the Equity Award Analysis platform. Please note that the Equity Award Analysis is only available to US-based stock plan participants.

Disclosures:

Please note that the Equity Award Analysis is only available to US-based stock plan participants. To make the most of your Equity Award Analysis, you should be prepared to provide relevant tax inputs, including specific tax brackets, during the meeting. Certain types of equity such as stock purchased through exercise of an Incentive Stock Option may be subject to special tax rules not reflected in the Equity Award Analysis platform.​

The Equity Award Analysis tool allows Financial Advisors to estimate hypothetical gross and net values, and to analyze, exercise, and sell strategies on employee stock, option holdings, unvested RSA/RSU, unvested PSU/PSA, and Employee Stock Purchase Plan shares that seek to meet the liquidity, investment, and financial objectives of clients and prospects. As such, it has certain tax calculation limitations. Your results may vary depending on your specific situation. Please consult your personal tax or legal advisor.

The Equity Award Analysis is prepared using a brokerage tool and not an advisory tool. It is not a financial plan and does not create an investment advisory relationship between you and the Morgan Stanley Workplace Advisor. It is for educational purposes only and does not provide individually tailored investment advice and is not intended to be a personalized security, account type or investment strategy recommendation. We are not your fiduciary either under the Investment Advisers Act of 1940, the Employee Retirement Income Security Act of 1974 (ERISA) or the Internal Revenue Code of 1986, and any information in the analysis is not intended to be considered investment advice or a recommendation for either ERISA or Internal Revenue Code purposes and that (unless otherwise provided in a written agreement and/or as described at www.morganstanley.com/disclosures/dol) you remain solely responsible for your assets and all investment decisions with respect to your assets. Nevertheless, if Morgan Stanley or your Financial Advisor provides “investment advice,” as that term is defined under Section 3(21) of ERISA, to you with respect to certain retirement, welfare benefit, or education savings account assets for a fee or other compensation, Morgan Stanley and/or your Financial Advisor will be providing such advice in its capacity as a fiduciary under the Investment Advisers Act of 1940, ERISA and/or the Code.

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CRC#5703809  (07/2026)