pg. 3

"In addition to the steps delineated in our 2019 statement, in 2020 Morgan Stanley took the following steps to familiarize both our employees and our suppliers with the goals and requirements of both Modern Slavery Acts:

• Conducted a training session with our global Corporate Services Security group to further educate the team on human rights and our anti-modern slavery and human trafficking efforts;"

pg. 4

"Ongoing Plans

In the financial year ending December 31, 2021, in addition to the steps set out above, we intend to continue our efforts to reduce the risk of exposure to modern slavery or human trafficking in our operations or supply chain by taking the following steps:

• Continue to increase awareness by broadening our training sessions to other groups and senior leaders across the Firm;"