Ameriprise Financial Investor Presentation — July 2024

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© 2024 Ameriprise Financial, Inc. All rights reserved.Ameriprise Financial

Second Quarter 2024 Conference Call

July 25, 2024© 2024 Ameriprise Financial, Inc. All rights reserved. 2Forward-looking statements

Some of the statements made in our July 24, 2024 earnings release and/or in this July 25, 2024 presentation constitute forward-

looking statements. These statements reflect management's estimates, plans, beliefs and expectations, and speak only as of

July 25, 2024. These forward-looking statements involve a number of risks and uncertainties.

A list of certain factors that could cause actual results to be materially different from those expressed or implied by any of these

forward-looking statements is set forth under the heading "Forward-looking statements" in our July 24, 2024 earnings release, a

copy of which is available on our website, and risks described under the heading "Risk Factors" and elsewhere in our Annual

Report on Form 10-K for the year ended December 31, 2023. We undertake no obligation to update publicly or revise these

forward-looking statements for any reason. In addition, the financial results and values presented in our second quarter

earnings release and/or in this presentation are based upon asset valuations that represent estimates as of July 24, 2024 and

may be revised in our Form 10-Q for the year ended June 30, 2024 .

Non-GAAP Financial Measures

This presentation contains certain non-GAAP financial measures that our management feels best reflect the underlying

performance of our operations. Reconciliations of such non-GAAP financial measures to the most directly comparable GAAP

financial measure have been provided along with the presentation and can be found on our website at www.ir.ameriprise.com. © 2024 Ameriprise Financial, Inc. All rights reserved. 3Quarter-Ended June 30, Year-To-Date June 30,

GAAP 2024 2023 Better/(Worse) 2024 2023 Better/(Worse)

Net Revenues ($M) $4,220 $3,876 9% $8,366 $7,618 10%

Expenses ($M) $3,169 $2,749 (15)% $6,096 $5,995 (2)%

Net Income ($M) $829 $890 (7)% $1,819 $1,307 39%

Diluted EPS $8.02 $8.21 (2)% $17.49 $11.97 46%

Return on Equity, ex. AOCI (1)45.9% 48.6% (270) bps 45.9% 48.6% (270) bps

Quarter-Ended June 30, Year-To-Date June 30,

Adjusted Operating 2024 2023 Better/(Worse) 2024 2023 Better/(Worse)

Net Revenues ($M) $4,171 $3,826 9% $8,271 $7,524 10%

Expenses ($M) $3,054 $2,804 (9)% $6,076 $5,524 (10)%

Earnings ($M) $882 $807 9% $1,760 $1,605 10%

Diluted EPS $8.53 $7.44 15% $16.92 $14.70 15%