BNY MELLON ENTERPRISE ESG 65 RESPONSIBLE BUSINESS Pre-Validation Rule that went into effect in March 2021. This rule requires Originators of web debits to perform account validations in certain circumstances while also augmenting Automated Clearing House (ACH), wire and RTP with recipient verification. In parallel, we continue to address fraud prevention and improve the disbursement experience with our BNY Mellon Tokenized Payments ® with Zelle ®32 solution, which eliminates the need for clients to store or process payees’ bank account information and provides a fast, secure, convenient digital experience benefiting our clients and their payment recipients, both consumers and small businesses. Through these various services, we help our clients to stay on the forefront of fraud prevention and contribute to a more secure and stable financial system. CARBON FOOTPRINT REDUCTION As our clients increasingly use digital services such our Real-Time Payments and BNY Mellon Tokenized Payments with Zelle solutions, we call their attention to the environmental benefits of digital versus paper-based transactions. For the second year, Treasury clients are using our Carbon Footprint analytics tool to quantify and track the carbon footprint generated by the paper consumption of their treasury practice. This tool informs environmentally conscious clients of the potential benefits of transitioning away from paper-based payments and aligns with the widening array of digital alternatives that BNY Mellon provides. Our analytics for 2021 indicated that a 10% reduction of clients’ paper payment transactions would equate to removing approximately 125,000 pounds of carbon dioxide (CO2) from the environment. 32 Z elle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Markets BNY Mellon recognizes the vital role of market infrastructure as a catalyst for scaling sustainable finance. We support clients’ ESG strategies that seek to direct liquidity and flows toward sustainable outcomes, as well as support increasing market transparency on ESG data points and improving broader market integrity. SECURITIES FINANCE AND ESG INVESTING BNY Mellon’s securities lending program is inherently flexible and hence compatible with our clients’ ESG strategies, as it empowers clients to exercise discretion, applying a wide range of parameters to decide the scope of securities to be lent and which securities to recall for the exercise of voting rights, as well as setting acceptable collateral and cash reinvestment guidelines. At an industry level, BNY Mellon is actively engaged with trade associations, ESG labelling bodies, policymakers and regulators with regard to the development of globally relevant best practices for ESG compatible securities lending. LIQUIDITYDIRECT The BNY Mellon LiquidityDirect SM platform provides clients with investment options and ESG screening tools that enable them to align investments with their core values. Via LiquidityDirect, investors have access to a broad range of money market funds and other short- term investments, including funds 33 that: • Advance diversity and inclusion by executing trades through diverse broker/dealers • Conduct securities screening based on a range of ESG criteria for portfolio construction • Direct a portion of revenues or management fees to an organization where the fund and client’s ESG values align LiquidityDirect also helps clients assess eligible investment options to determine their impact by using our Focused Investing Application. Through relationships with ESG data providers and development of a questionnaire for fund companies focused on ESG, diversity and inclusion, the Focused Investing Application enables clients to compare investment options across a standard and normalized set of data. 33 De tails on each of the funds are set out in the funds’ prospectuses and SEC filings.