Prohibited Activities and Sensitive Sectors Activities and Locations The following lists of prohibited activities and sensitive sectors, activities and locations are non-exhaustive and relate to the environment and human rights, including modern slavery and child labor. We prohibit other sectors and activities and/or subject them to escalation for enhanced review. INTRODUCTION The information provided in this appendix refects JPMorgan Chase’s approach to certain clients and transactions as at April 19, 2023, and is subject to change without notice. We do not undertake to update any of such information. ENVIRONMENTAL PROHIBITED ACTIVITIES SOCIAL The following section outlines activities we prohibited: GOVERNANCE • Modern Slavery and Child Labor: We will not provide fnancial services to clients where there is evidence of forced • Coal-fred power generation: labor, harmful child labor, human trafcking or modern slavery. • Prohibition on fnancing of new coal-fred power plants: We will not provide project fnancing or other forms of APPENDICES • World Heritage Sites: We will not provide project fnancing or other forms of asset-specifc fnancing where the asset-specifc fnancing where the proceeds will be used to develop a greenfeld coal-fred power plant or the proceeds will be used to develop within UNESCO World Heritage sites, unless there is prior consensus from both expansion and/or refnancing of an existing coal-fred power plant. Coal-fred power plants utilizing carbon List of Acronyms the host government authorities and UNESCO that such operations will not adversely afect the Outstanding Uni- capture and sequestration technology will be considered on a case-by-case basis. Global Reporting Initiative Index versal Value of the site. 48 • The Arctic : We will not provide project fnance or other forms of asset-specifc fnancing where the proceeds will Sustainability Accounting • Coal Mining: be used for new upstream, midstream or downstream greenfeld oil and gas development in the Arctic, including Standards Board Index the Arctic National Wildlife Refuge. • Prohibition on development of greenfeld coal mines: We will not provide project fnancing or other forms of Prohibited Activities and Sensitive asset-specifc fnancing where the proceeds will be used to develop a greenfeld coal mine or expansion of an • Illegal logging: We will not provide fnancial services to clients where there is evidence of illegal logging. Sectors Activities and Locations existing coal mine. • Illegal wildlife trafcking: We will not provide fnancial services to clients where there is evidence of illegal wildlife • Prohibition on fnancing for coal mining clients: We will not provide fnancial services to clients deriving the trafcking. majority of their revenues from the extraction of coal. By the end of 2024, we will also phase out our remain- • Uncontrolled fre: We will not provide fnancial services to clients where there is evidence of intentional burning of ing credit exposure to such clients. tropical rainforest and/or peatlands for agricultural purposes. • Prohibition on fnancing to clients involved in mountaintop mining: We will not provide fnancial services to coal mining clients involved in mountaintop mining. 48 For prohibitions, JPMorgan Chase utilizes a defnition based on a 10°C July Isotherm boundary, meaning the area does not experience temperatures above 10° C. 70