Raymond James Financial : Form of Proxy Card | View

RAYMOND JAMES FINANCIAL, INC. 880 CARILLON PARKWAY

ST. PETERSBURG, FL 33716

SCAN TO w

VIEW MATERIALS &VOTE

VOTE BY INTERNET

Before The Meeting - Go to www.proxyvote.comor scan the QR Barcode above

Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 P.M Eastern Time the day before the meeting date. (5:00 P.M. Eastern Time, February 20, 2023 for ESOP Plan participants). Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form.

During The Meeting - Go to www.virtualshareholdermeeting.com/RJF2023

You may attend the meeting via the Internet and vote during the meeting. Have the information that is printed on your proxy card in hand when you access the virtual meeting room and follow the instructions.

ELECTRONIC DELIVERY OF FUTURE SHAREHOLDER COMMUNICATIONS

If you would like to reduce the costs incurred by RAYMOND JAMES FINANCIAL, INC. in mailing proxy materials, you can consent to receiving all future proxy statements, proxy cards and annual reports electronically via e-mail or the Internet. To sign up for electronic delivery, please follow the instructions above to vote using the Internet and, when prompted, indicate that you agree to receive or access shareholder communications electronically in future years.

VOTE BY PHONE - 1-800-690-6903

Use any touch-tone telephone to transmit your voting instructions up until 11:59 P.M. Eastern Time the day before the meeting date. (5:00 P.M. Eastern Time, February 20, 2023 for ESOP Plan participants). Have your proxy card in hand when you call and then follow the instructions.

VOTE BY MAIL

Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to RAYMOND JAMES FINANCIAL, INC., c/o Broadridge, 51 Mercedes Way, Edgewood, NY 11717.

TO VOTE, MARK BLOCKS BELOW IN BLUE OR BLACK INK AS FOLLOWS:

D92371-P82458-Z83802	KEEP THIS PORTION FOR YOUR RECORDS
THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.	DETACH AND RETURN THIS PORTION ONLY

RAYMOND JAMES FINANCIAL, INC.

The Board of Directors recommends you vote "FOR" all of the nominees listed, "FOR"

Proposals 2, 4 and 5, and for "Every Year" on Proposal 3.

Vote on Directors

1.	ELECTION OF DIRECTORS
	Nominees:
	1a.	Marlene Debel
	1b.	Robert M. Dutkowsky
	1c.	Jeffrey N. Edwards

For Against Abstain

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Vote on Proposals	For Against	Abstain
2.	Advisory vote to approve executive compensation.	!	!	!
	Every	Every 2	Every	Abstain
	Year	Years	3 Years

1d.	Benjamin C. Esty
1e.	Anne Gates
1f.	Thomas A. James
1g.	Gordon L. Johnson
1h.	Roderick C. McGeary
1i.	Paul C. Reilly
1j.	Raj Seshadri

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3.	Advisory vote on the frequency of advisory	!
	votes on executive compensation.

1. To approve the Amended and Restated 2012 Stock Incentive Plan.
2. To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm.

In their discretion, upon such other matters that may properly come before the meeting or any adjournment or adjournments thereof.

The shares represented by this proxy when properly executed will be voted in the manner directed herein by the undersigned Shareholder(s). If no direction is indicated, this proxy will be voted "FOR" the election of the nominees listed for the Board of Directors, "FOR" Proposals 2, 4 and 5, and for "Every Year" on Proposal 3. If any other matters properly come before the meeting, this proxy is authorized to vote in accordance with his judgment.

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For Against Abstain

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Please sign your name(s) exactly as it appear(s) hereon. When signing as attorney, executor, administrator, trustee or guardian, please add your title as such. When signing as joint tenants, all parties in the joint tenancy must sign. If a signer is a corporation, please sign in full corporate name by duly authorized officer.

Signature [PLEASE SIGN WITHIN BOX]	Date		Signature (Joint Owners)	Date

RAYMOND JAMES FINANCIAL, INC.

2023 Annual Meeting of Shareholders

Thursday, February 23, 2023 at 4:30 P.M. Eastern Time

www.virtualshareholdermeeting.com/RJF2023

If you plan to attend the meeting at www.virtualshareholdermeeting.com/RJF2023, you will be required to enter the control number found on your Notice of Internet Availability of Proxy Materials, proxy card or voting instruction form you previously received. The Annual Meeting will be held in a virtual meeting format only, conducted via webcast.

Important Notice Regarding the Availability of Proxy Materials for the 2023 Annual Meeting of Shareholders.

The Notice and Proxy Statement and the 2022 Annual Report to Shareholders are available at:

www.raymondjames.com/investor-relations/news-and-events/shareholders-meeting

D92372-P82458-Z83802

Raymond James Financial, Inc.

ANNUAL MEETING OF SHAREHOLDERS

THIS PROXY IS SOLICITED BY THE BOARD OF DIRECTORS

The shareholder(s) hereby revoke(s) any proxy previously granted and hereby appoint(s) Paul C. Reilly and Thomas A. James, or either of them, as proxies, each with the power to appoint his substitute, and hereby authorize(s) them to represent and to vote, as designated on the reverse side of this ballot, all of the shares of Common Stock of Raymond James Financial, Inc. that the shareholder(s) is/are entitled to vote at the Annual Meeting of Shareholders to be held at 4:30 P.M., Eastern Time, on February 23, 2023, and any adjournment or postponement thereof.

THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED AS DIRECTED BY THE SHAREHOLDER(S). IF NO SUCH DIRECTIONS ARE MADE, THIS PROXY WILL BE VOTED "FOR" THE ELECTION OF THE NOMINEES LISTED ON THE REVERSE SIDE FOR THE BOARD OF DIRECTORS, "FOR" PROPOSALS 2, 4 AND 5, AND FOR "EVERY YEAR" ON PROPOSAL 3.

NOTICE TO PARTICIPANTS IN THE RAYMOND JAMES FINANCIAL, INC. EMPLOYEE STOCK OWNERSHIP PLAN:

This card also constitutes confidential voting instructions for participants in the Raymond James Financial, Inc. Employee Stock Ownership Plan ("ESOP"). A participant who signs on the reverse side hereby instructs the trustee of the ESOP to vote all the shares of Common Stock of Raymond James Financial, Inc. allocated to his or her ESOP Account in accordance with the instructions on the reverse side. If no instructions have been received from the ESOP participant, the trustee will vote the shares allocated to the participant's ESOP Account in the same proportion as it votes the shares of ESOP participants who have instructed the trustee on how to vote. You cannot vote your ESOP shares at the meeting. Your voting instructions must be received by 5:00 P.M. Eastern Time, on February 20, 2023 to allow sufficient time for processing. The trustee of the ESOP will hold your voting instructions in complete confidence except as may be necessary to meet legal requirements.

PLEASE MARK, SIGN, DATE AND RETURN THIS PROXY CARD PROMPTLY USING THE ENCLOSED REPLY ENVELOPE

CONTINUED AND TO BE SIGNED ON REVERSE SIDE