BACKING OUR COMMUNITIES We seek to advance climate solutions through programs and initiatives that help build more climate-resilient and equitable communities. In 2021, we set a goal to provide at least $10 million in support by the end of 2025 for initiatives, partnerships, and programs that address the adverse effects of climate change and pollution on communities. To support this goal, we launched a new community giving priority: Backing Low-Carbon Communities. Community giving to advance low-carbon and nature-based solutions Backing Low-Carbon Communities grants support nature-based solutions, community-led climate initiatives, and disaster response and resilience efforts in local communities, particularly in urban areas. Since last year’s announcement of our philanthropic commitment of $10 million by 2025, we have provided $3.1 million in grants to help back low-carbon communities, including grants to: American Forests t o support its Tree Equity program by bringing more native and climate-resilient trees to four US cities where American Express has offices: Phoenix, New York, Salt Lake City, and Sunrise, Florida. The grant will provide support to help identify and increase local tree nurseries, plant urban forests, and create entry-level jobs to help historically marginalized populations transition into the tree care industry. Additionally, the grant will help expand Tree Equity Score to its first international location, a tool that indicates whether neighborhoods have enough trees for everyone to experience their health, economic and, climate benefits. “ We are grateful for the incredible commitment American Express has made to support Tree Equity and climate resiliency in cities. The work we’re doing together will boost the supply of trees that communities need to equitably cool and cleanse the air in their neighborhoods and create local jobs in the process, even giving us the capacity to expand this work to other countries.” – JAD DALEY , PRESIDENT AND CEO OF AMERICAN FORESTS In 2022, we announced $3.1 million in grants to American Forests, the National Park Foundation, Save the Children UK, C40 Cities, and Earthwatch Institute to support nature-based solutions and sustainability efforts in local communities, particularly in urban areas. $3.1M TOWARD OUR $10 MILLION COMMITMENT INTRODUCTION PROMOTING DE&I ADVANCING CLIMATE SOLUTIONS BUILDING FINANCIAL CONFIDENCE OUR ESG GOVERNANCE & OPERATING RESPONSIBLY SUPPORTING DATA OUR COMMITMENT TO ESG 53