Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

— See the information set forth in the “Capital Management” section on page 27 of this Report for information regarding shares repurchased by the Company during the second quarter of 2023, which is incorporated herein by reference.

On August 3, 2023, the Company issued 24 million shares of common stock of the Company to an affiliate of MUFG for a purchase price of $936 million. The proceeds of the issuance were used to repay a portion of the Company’s $3.5 billion debt obligation to MUFG. See “MUFG Union Bank Acquisition” on page 5 of this Report for further information.