OPPENHEIMER & CO. INC. APPOINTS GILBERT DYCHIAO AS CO-HEAD OF INVESTMENT BANKING

NEW YORK, March 10, 2025 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) — a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) — announced a significant appointment within its Investment Banking management team. Gilbert Dychiao, Managing Director and Head of the Financial Institutions Group, will now also serve as Co-Head of Investment Banking. In this role, Dychiao will expand his managerial scope to include oversight of several investment banking industry verticals and product groups across the department. Dychiao will lead the division alongside Oppenheimer's President, Robert (Rob) Lowenthal, who has recently been appointed CEO of the firm, effective May 5, 2025. Dychiao and Lowenthal will be Investment Banking Co-Heads, effective immediately. "Gilbert is a highly accomplished banker and a trusted advisor to wealth managers, asset managers, and financial institutions," said Rob Lowenthal. "He is truly a banker's banker, with a deep well of experience spanning debt capital markets, equity capital markets, M&A and restructuring, cross-border transactions, as well as a global coverage of both strategic and financial investors. His keen instincts and strategic advisory skills have helped numerous companies successfully access the markets and navigate complex transactions with confidence. His leadership, expertise, and deep understanding of our firm's strategy make him an outstanding fit for this role, and we are confident that his appointment will be a tremendous asset to our clients, both our seasoned and next generation of talent, and the entire Oppenheimer team." With 25 years of investment banking experience, Dychiao has been a key member of Oppenheimer's Investment Banking management team since joining in early 2018. He founded and grew the firm's Financial Institutions Group and has successfully completed transactions alongside many of the other Industry and Product Groups. Since joining, Dychiao has helped to drive total transaction value of more than $6 billion in industry transactions. In 2024, he led a team of 29 colleagues in the US and the UK, generating record revenue for the Financial Institutions Group, which he will continue to lead globally. In his new position, Dychiao will spearhead the firm's deal execution strategy, ensuring a robust and effective approach. Together with Mr. Lowenthal, they will oversee all aspects of investment banking operations and help guide strategy across all of Oppenheimer's industry and product groups. This move is part of the firm's ongoing efforts to put in place a succession plan that enables a smooth transition for its clients, bankers, and staff. "It's a privilege to take on this role at one of Wall Street's most dynamic investment banks," Dychiao added. "I'm excited to contribute to Oppenheimer's ongoing commitment to delivering insightful and strategic guidance as well as top-tier execution for our clients, while also fostering an exceptional workplace for our employees. Collaborating with Rob, a highly respected leader, makes this opportunity even more rewarding." Oppenheimer & Co. Inc.Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions. Media Contact:Joseph Kuo / Michael DuganHaven Tower Group LLC424 317 4851 or 424 317 4852[email protected] or [email protected] SOURCE Oppenheimer & Co. Inc.

OPPENHEIMER & CO. INC. APPOINTS GILBERT DYCHIAO AS CO-HEAD OF INVESTMENT BANKING

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