1.2 Morgan Stanley & Co. 2026 1 2026-04-28T20:46:02Z 2026 1 8.55 0.00 0.00 0.00 100.00 NYSE ARCA OPTIONS ARCO 50.40 0.00 0.00 0.00 50.40 0.00 0.0000 0.00 0.0000 0.00 0.0000 3308531.95 37.8586 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to ARCO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting ARCO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. BOX OPTIONS EXCHANGE XBOX 12.77 0.00 0.00 0.00 12.77 0.00 0.0000 0.00 0.0000 0.00 0.0000 496114.72 36.9705 MIAMI INTERNATIONAL SECURITIES EXCHANGE XMIO 7.50 0.00 0.00 0.00 7.50 0.00 0.0000 0.00 0.0000 0.00 0.0000 -73586.99 -19.1226 An affiliate of Morgan Stanley holds a minority ownership stake in Miami International Holdings, Inc. (who is the parent company of MIAX, MIAX PEARL, MIAX PEARL Equities, and MIAX EMERALD). Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XMIO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XMIO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE GLOBAL MARKETS INC. XCBO 5.75 0.00 0.00 0.00 5.75 0.00 0.0000 0.00 0.0000 0.00 0.0000 -686009.31 -36.5356 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XCBO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XCBO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE EDGX OPTIONS EXCHANGE EDGO 4.94 0.00 0.00 0.00 4.94 0.00 0.0000 0.00 0.0000 0.00 0.0000 177989.86 15.0780 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to EDGO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting EDGO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. INTERNATIONAL SECURITIES EXCHANGE, LLC XISX 3.42 0.00 0.00 0.00 3.42 0.00 0.0000 0.00 0.0000 0.00 0.0000 -126471.29 -14.8270 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XISX. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XISX’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. NASDAQ PHLX OPTIONS XPHO 2.65 0.00 0.00 0.00 2.65 0.00 0.0000 0.00 0.0000 0.00 0.0000 -53677.75 -19.1241 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XPHO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XPHO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE C2 OPTIONS EXCHANGE C2OX 2.57 0.00 0.00 0.00 2.57 0.00 0.0000 0.00 0.0000 0.00 0.0000 -376161.86 -25.8989 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to C2OX. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting C2OX’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. NYSE AMERICAN OPTIONS AMXO 2.28 0.00 0.00 0.00 2.28 0.00 0.0000 0.00 0.0000 0.00 0.0000 -3157.65 -0.9771 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to AMXO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting AMXO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. MIAX SAPPHIRE, LLC SPHR 2.19 0.00 0.00 0.00 2.19 0.00 0.0000 0.00 0.0000 0.00 0.0000 195432.55 36.6824 2026 2 12.54 0.00 0.00 0.00 100.00 NYSE ARCA OPTIONS ARCO 61.93 0.00 0.00 0.00 61.93 0.00 0.0000 0.00 0.0000 0.00 0.0000 3832232.78 40.4546 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to ARCO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting ARCO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. BOX OPTIONS EXCHANGE XBOX 8.21 0.00 0.00 0.00 8.21 0.00 0.0000 0.00 0.0000 0.00 0.0000 520451.95 36.5978 MIAMI INTERNATIONAL SECURITIES EXCHANGE XMIO 6.15 0.00 0.00 0.00 6.15 0.00 0.0000 0.00 0.0000 0.00 0.0000 -93841.79 -21.8314 An affiliate of Morgan Stanley holds a minority ownership stake in Miami International Holdings, Inc. (who is the parent company of MIAX, MIAX PEARL, MIAX PEARL Equities, and MIAX EMERALD). Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XMIO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XMIO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE GLOBAL MARKETS INC. XCBO 5.00 0.00 0.00 0.00 5.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 -703598.41 -35.8732 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XCBO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XCBO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE EDGX OPTIONS EXCHANGE EDGO 3.65 0.00 0.00 0.00 3.65 0.00 0.0000 0.00 0.0000 0.00 0.0000 205807.71 19.7576 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to EDGO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting EDGO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. INTERNATIONAL SECURITIES EXCHANGE, LLC XISX 2.92 0.00 0.00 0.00 2.92 0.00 0.0000 0.00 0.0000 0.00 0.0000 -103317.69 -11.7324 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XISX. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XISX’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE C2 OPTIONS EXCHANGE C2OX 2.21 0.00 0.00 0.00 2.21 0.00 0.0000 0.00 0.0000 0.00 0.0000 -350292.09 -24.1918 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to C2OX. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting C2OX’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. NASDAQ PHLX OPTIONS XPHO 2.00 0.00 0.00 0.00 2.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 -72608.00 -22.7612 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XPHO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XPHO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. NYSE AMERICAN OPTIONS AMXO 1.79 0.00 0.00 0.00 1.79 0.00 0.0000 0.00 0.0000 0.00 0.0000 -22236.84 -5.9487 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to AMXO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting AMXO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. MIAX SAPPHIRE, LLC SPHR 1.69 0.00 0.00 0.00 1.69 0.00 0.0000 0.00 0.0000 0.00 0.0000 233833.57 36.3591 2026 3 7.89 0.00 0.00 0.00 100.00 NYSE ARCA OPTIONS ARCO 57.20 0.00 0.00 0.00 57.20 0.00 0.0000 0.00 0.0000 0.00 0.0000 4043620.90 40.5099 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to ARCO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting ARCO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE GLOBAL MARKETS INC. XCBO 8.36 0.00 0.00 0.00 8.36 0.00 0.0000 0.00 0.0000 0.00 0.0000 -1017914.32 -39.1232 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XCBO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XCBO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. BOX OPTIONS EXCHANGE XBOX 6.95 0.00 0.00 0.00 6.95 0.00 0.0000 0.00 0.0000 0.00 0.0000 532515.94 37.2286 INTERNATIONAL SECURITIES EXCHANGE, LLC XISX 5.00 0.00 0.00 0.00 5.00 0.00 0.0000 0.00 0.0000 0.00 0.0000 -138844.28 -15.2067 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XISX. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XISX’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE C2 OPTIONS EXCHANGE C2OX 4.72 0.00 0.00 0.00 4.72 0.00 0.0000 0.00 0.0000 0.00 0.0000 -472700.55 -27.6873 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to C2OX. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting C2OX’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. NASDAQ PHLX OPTIONS XPHO 3.43 0.00 0.00 0.00 3.43 0.00 0.0000 0.00 0.0000 0.00 0.0000 -75111.31 -25.3845 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XPHO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XPHO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. MIAMI INTERNATIONAL SECURITIES EXCHANGE XMIO 2.49 0.00 0.00 0.00 2.49 0.00 0.0000 0.00 0.0000 0.00 0.0000 -84096.59 -21.9920 An affiliate of Morgan Stanley holds a minority ownership stake in Miami International Holdings, Inc. (who is the parent company of MIAX, MIAX PEARL, MIAX PEARL Equities, and MIAX EMERALD). Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to XMIO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting XMIO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. CBOE EDGX OPTIONS EXCHANGE EDGO 2.34 0.00 0.00 0.00 2.34 0.00 0.0000 0.00 0.0000 0.00 0.0000 199640.93 18.6489 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to EDGO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting EDGO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. NYSE AMERICAN OPTIONS AMXO 1.99 0.00 0.00 0.00 1.99 0.00 0.0000 0.00 0.0000 0.00 0.0000 -26956.44 -8.7454 Morgan Stanley receives rebates and pays fees for the routing of customer orders in exchange listed options to AMXO. When the rebates received exceed, the fees paid to such venue, the Firm receives benefits from the trading activity. In addition, certain exchanges offer volume-based tiered rates based on the type of order routed. The Firm receives incremental pricing benefits from exchange offers volume-based tiered rates. The volume tiers are published in the fee schedule by the exchange. Information reflecting AMXO’s fee schedule, as applicable to MSCO, can be found at: https://www.morganstanley.com/content/dam/msdotcom/en/institutional-sales/sec_rules_605_606/MSCO_options_rate_card_2026q1.xlsx The rates reflected represent what the Firm would receive, per contract, for routed orders based on the applicable rebates the Firm qualified for during the specified time period, if any. Additionally, pursuant to an exchange-sponsored marketing fee program, registered market makers may receive payments from the exchange as a result of their designation as a "preferenced" market-maker by an exchange member. With respect to such exchange program, the Firm may receive payments from "preferenced" registered market makers for options orders the Firm sends to the exchange. Detailed information about the exchange’s overall fee schedule is available in the exchange’s rule book and/or fee schedule on the exchange’s public website. MEMX LLC OPTIONS MXOP 1.93 0.00 0.00 0.00 1.93 0.00 0.0000 0.00 0.0000 0.00 0.0000 132924.81 14.5865