KEYCORP /NEW/ — Director's Dealing 2025

May 19, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYCORP /NEW/ (KEY)
CIK: 0000091576
Period of Report: 2025-05-15

Reporting Person: Gile Elizabeth R. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-15	Deferred Shares	$	A	8798	Acquired		Common Shares (8798)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	40882	Direct

Footnotes

F1: Each Deferred Share is the economic equivalent of one Common Share.

F2: Under the terms of KeyCorp's Amended and Restated Directors' Deferred Share Sub-Plan of the KeyCorp Amended and Restated 2019 Equity Compensation Plan (the "Deferred Share Plan"), payment of the deferred shares has been deferred until July 1, 2030.

F3: The Deferred Shares were awarded under the Deferred Share Plan.

F4: Includes approximately 1,480 dividend-equivalent Deferred Shares accrued in March 2025.