LPL Financial

Dividend Declaration The Company's Board of Directors declared a $0.30 per share dividend to be paid on December 1, 2025 to all stockholders of record as of November 13, 2025.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Core G A Core G A consists of total expense less the following expenses advisory and commission depreciation and amortization interest expense on borrowings brokerage, clearing and exchange amortization of other intangibles market fluctuations on employee deferred compensation promotional (ongoing) employee share-based compensation regulatory charges and acquisition costs.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

EBITDA and Adjusted EBITDA EBITDA is defined as net (loss) income plus interest expense on borrowings, (benefit from) provision for income taxes, depreciation and amortization, and amortization of other intangibles.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Credit Agreement EBITDA Credit Agreement EBITDA is defined in, and calculated by management in accordance with, the Company's amended and restated credit agreement ( Credit Agreement ) as Consolidated EBITDA, which is Consolidated Net Income (as defined in the Credit Agreement) plus interest expense on borrowings, provision for income taxes, depreciation and amortization, and amortization of other intangibles, and is further adjusted to exclude certain non-cash charges and other adjustments, and to include future expected cost savings, operating expense reductions or other synergies from certain transactions.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The Company presents Credit Agreement EBITDA because management believes that it can be a useful financial metric in understanding the Company s debt capacity and covenant compliance under its Credit Agreement.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

(4) Compliance with the Leverage Ratio is only required under the Company's revolving credit facility.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Over the past quarter, we continued to make progress against our key priorities, while delivering strong business results and record adjusted earnings per share, said Rich Steinmeier, CEO.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The third quarter underscores the strength of LPL, as we advanced on several strategic fronts, said Matt Audette, President and CFO.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

(39) Acquisition costs and other primarily include costs related to acquisitions, costs incurred related to the integration of the strategic relationship with Prudential Advisors, a $26.4 million reduction related to the departure of the Company s former Chief Executive Officer and related clawback of share-based compensation awards, and an $18.0 million regulatory charge recognized during the three months ended September 30, 2024 reflecting the amount of a penalty proposed by the SEC as part of its civil investigation of the Company s compliance with certain elements of the Company s AML compliance program.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025

The achievement of such expectations and objectives involves risks and uncertainties that may cause actual results, levels of activity or the timing of events to differ materially from those expressed or implied by forward-looking statements.

SEC original ↗LPL Financial — Earnings release (8-K exhibit)EX-99Oct 30, 2025