Market Overview

Northern Trust Announces Southern California Leadership Succession

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Northern Trust announced today that Betty Mower-Potalivo is retiring as
President of Orange County after 18 years. Orange County Managing
Director Mark Hardtke will be promoted to Orange County President
effective September 1, 2018.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180830005253/en/

Betty Mower-Potalivo (Photo: Business Wire)

Betty Mower-Potalivo (Photo: Business Wire)

"Betty has made an invaluable impact on our partners and clients in
Southern California," said Steven Bell, President of the West Region at
Northern Trust. "I express my sincere appreciation for her remarkable
contributions to our clients and dedicated service to the firm.

"We are delighted to welcome Mark into an expanded role in Orange
County," Bell continued. "His leadership and clear vision for the future
of the market will build on the success that the team has established
and continues to garner."

Hardtke assumes his new role with nearly 30 years of wealth management
experience in Orange County. He moved to the area from Chicago in 1989
to help build and establish Northern Trust's presence in the market.
Hardtke joined Northern Trust in Chicago in 1983 as an Associate in
Estate Administration and eventually became a Trust Advisor. Over the
years, he graduated from the National Trust School and Graduate Trust
School at Northwestern University and earned his Certified Financial
Services Counselor and Certified Trust and Financial Advisor
designations. He eventually served as the market's Senior Fiduciary
Officer, and currently serves as Managing Director for the Orange County
office.

He is heavily involved in the community and currently serves as a
director of the Hoag Hospital Foundation and is immediate Past President
of the Orange County Youth Sports Foundation. Hardtke is a graduate of
Valparaiso University and earned a master's degree from DePaul
University.

Potalivo is a native of California and has over 28 years of experience
serving the financial community in Southern California. She began her
career at Bank of the West in 1990 and assumed a variety of roles,
eventually being named President of Northern Trust Orange County in
2000. She received a bachelor's degree in business and finance from the
Marshall School of Business at the University of Southern California.

Potalivo's involvement in the community expands beyond Northern Trust
and she has been recognized with numerous awards for her efforts. Her
current membership includes the Girl Scout Council of Orange County,
Chapman University Board of Governors, Orange County United Way, SoCal
PBS and the Ocean Institute.

Northern Trust Wealth Management specializes in Goals Driven
Wealth Management backed by innovative technology and a strong fiduciary
heritage. Northern Trust Wealth Management is ranked among the top 10
U.S. wealth managers, with $287 billion in assets under management as of
June 30, 2018, and a wide network of wealth management offices across
the United States.

The Northern Trust Company is an Equal Housing Lender. Member FDIC.

About Northern Trust

Northern Trust Corporation (NASDAQ:NTRS) is a leading provider of
wealth management, asset servicing, asset management and banking to
corporations, institutions, affluent families and individuals. Founded
in Chicago in 1889, Northern Trust has offices in the United States in
19 states and Washington, D.C., and 23 international locations in
Canada, Europe, the Middle East and the Asia-Pacific region. As of June
30, 2018, Northern Trust had assets under custody/administration of
US$10.7 trillion, and assets under management of US$1.1 trillion. For
more than 125 years, Northern Trust has earned distinction as an
industry leader for exceptional service, financial expertise, integrity
and innovation. Visit northerntrust.com
or follow us on Twitter @NorthernTrust.

Northern Trust Corporation, Head Office: 50 South La Salle Street,
Chicago, Illinois 60603 U.S.A., incorporated with limited liability in
the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/disclosures.

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