Axos Financial, Inc.

Axos Financial, Inc. is a technology-driven, diversified financial services company. As of the reporting date, the company had approximately $30.0 billion in assets and approximately $47.8 billion of assets under custody and/or administration at Axos Clearing LLC. Axos Financial provides secure and scalable banking, clearing and custody, and investment advisory solutions to retail and business customers through a client-centric, technology-enabled services model. The company operates primarily through two segments: the Banking Business Segment and the Securities Business Segment. The Banking Business Segment offers consumer and commercial banking products and services nationwide via digital online and mobile banking platforms, low-cost distribution channels, and affinity partners. Its offerings include consumer and business checking, savings, and time deposit accounts, along with various lending products such as single-family and multifamily residential mortgages, commercial real estate mortgages and loans, lender finance loans, asset-based loans, capital call facilities, equipment lending and leasing, auto loans, retail and floor plan marine loans, and other consumer loans. This segment also generates non-interest income from fees on loans originated for sale, operating lease income, deposit account service fees, prepayment fees, loan servicing fees, and technology and payment transaction processing fees. Loan products are distributed through retail, correspondent, and wholesale channels. The Securities Business Segment provides securities products and services. Through Axos Clearing and Axos Advisor Services ("AAS"), it serves independent registered investment advisors ("RIAs") and introducing broker-dealers ("IBDs"). AAS and Axos Clearing generate interest and asset- and transaction-based fee income by offering comprehensive securities custody services to RIAs and clearing, stock lending, and margin lending services to IBDs, respectively. Additionally, Axos Invest, Inc. ("Axos Invest") offers direct-to-consumer securities trading and digital investment management products, generating fee income from self-directed securities trading and digital wealth management services.