2021 ESG Report ENVIRONMENT Purchasing 100% Renewable Power Fifth Third recognizes the importance of the transition to renewable energy and has been increasing its use of renewable power since 2010. In the early days of our renewable energy strategy, Fifth Third purchased renewable energy certifcates, known as RECs, to ofset our energy consumption. In 2017, Fifth Third set a goal to purchase 100% renewable power, a goal we achieved in 2019 with the opening of the 80 MWac/120 MWdc Aulander Holloman solar facility. This project was facilitated through a virtual power purchase agreement signed by the Bank. The PPA’s March 2018 signing facilitated the construction of this solar feld by guaranteeing that Fifth Third would purchase all of the electricity generated at an agreed price, thereby enabling the developer to secure funding and complete the project. In return for guaranteeing to purchase the energy produced, Fifth Third receives all the RECs generated by the project.* In 2021, the solar generation from the project was more than 190,000 MWh, enough to power over 24,000 homes or equivalent to removing emissions from over 29,000 passenger vehicles.** Reducing Our Energy Use We have taken signifcant steps to reduce our energy use, and achieve our goal by 2022 of a 25% reduction. We made improvements in space utilization and in the sustainability of new construction, renovation and facility-related operations and maintenance practices, including adding advanced building control technology to more than 400 locations in the past three years. These controls help us monitor and manage our largest category of energy use (heating and cooling). We used third-party analytics partners to assess the performance at each location and identify opportunities for optimization. Contents To gain deeper insight into our energy usage across our footprint, we have begun benchmarking properties through the U.S. Environmental Protection Agency’s Portfolio Manager tool. In doing so, we identifed many locations that qualifed for ENERGY STAR® certifcation and have had 63 locations Energy Star certifed by a third party. Our rollout of electric vehicle charging continued this past year. To support employees that wish to make the transition to electric vehicles, in 2021 we installed charging stations at our Corporate Service Center campus in Grand Rapids, Michigan, as well as the Fifth Third Center in Cincinnati. Across three campuses, employees in 2021 utilized more than 4,000 hours of electric vehicle charging (18 MWh). Fifth Third purchased 18 MWh in additional RECs to ofset the energy consumption from employee vehicle charging. Fifth Third plans to continue its deployment of EV charging technology at new locations, including for the frst time at a retail location. Introduction Economic Environment Social Governance Fifth Third recognized with Battle of the Buildings Award Fifth Third was recognized by the U.S. Green Building Council of West Michigan with a special Energy Opportunist Award for its energy reduction eforts. Of special note was the Bank’s installation of upgraded lighting at its Corporate Service Center in Grand Rapids, Michigan. The project included retroftting more than 6,000 fxtures and an integrated lighting controls system that was proposed, approved and completed in 2020, resulting in an over 80% reduction in interior lighting load. 63 Fifth Third locations are ENERGY STAR® certifed. Fifth Third’s percent of power from renewable sources: 2014 2015 2016 2017 2018 2019 2020 2021 31.7% 32.2% 33.6% 37.7 % 32.2% 97. 4% 100% 100% *Although we intended to retire the RECs received from this project towards our 100% renewable goal, in 2020 we began swapping these RECs with other Green-E certifed RECs from other renewable energy projects in the U.S. that were retired towards our 100% renewable goal. **Source: U.S. Environmental Protection Agency, Greenhouse Gas Equivalencies Calculator (last updated February 2021). 47