Subject to Completion, Dated July 25, 2016 PROSPECTUS SUPPLEMENT E co= (To Prospectus Dated February 9, 2016) S se co BNY MELLON The Bank of New York Mellon Corporation co CU E Depositary Shares • E Each representing a 1/100th Interest in a Share of o. a, = Series F Noncumulative Perpetual Preferred Stock N ••-• = Each of the depositary shams offered hereby (the "depositary shares") represents a 1/100th ownership interest in a share of yr' cp Series F Noncumulative Perpetual Preferred Stack. with a liquidation preference of 5100.000 per sham (the "Series F Preferred Stock"). V) of The Bank of New York Mellon Corporation, deposited with Computershare ComputershareInc. and Computershare Trust Company. M.. as joint CO 0 co depositary. The depositary shares are evidenced by depositary receipts. As a holder of the depositary shares, you are entitled to all o proportional rights and preferences of the Series P Preferred Stock (including dividend, voting. redemption and liquidation rights). You ts must exercise such rights through the depositary. to We will pay dividends on the Series F Preferred Stock only when, as and if declared by our board of directors (or a duly authorized E w committee of the board) and to the extent that we have legally available funds to pay dividends. Dividends will accrue on the liquidation - .c amount of 5100000 per sham of the Series F Preferred Stock at a rate per annum equal to (i) % from the original issue date of the °" 0 . b... CO Series F Preferred Stack to but excluding September 20.2026: and (ii) a floating rate equal to Three-month LIBOR (as defined co t elsewhere in this prospectus supplement) plus % from and including September 20. 2026. Fixed rate dividends will be payable in Z 3 arrears on March 20 and September 20 of each year. commencing on March 20. 2017, through and including September 20. 2026. and = floating rate dividends will be payable in arrears on March 20. June 20. Septe