Citi Impact Fund The Citi Impact Fund is a $200 million venture capital fund with a mission of investing in “double bottom line” companies that are addressing societal challenges, such as reaching low- and moderate-income households with innovative financial and workforce services, delivering solutions for the climate transition economy, and addressing needs for inclusive healthcare and housing. Venture capital funding has historically been inaccessible to most start-up found - ers, but especially so for women and people of color. The fund, which at its founding in 2020 was the largest impact fund ever launched by a bank using its own capital, focuses on companies that are led or owned by women or racial/ethnic minorities. We started the fund with $150 million in January 2020, adding another $50 million specifically to support businesses owned by Black entrepreneurs as part of Action for Racial Equity . Committed to 20 new investees in 2021 and Q1 2022, bringing total portfolio to 31 IMPACT FUND FOCUS AREAS $88.6M Total committed through Q1 2022 22 companies founded by women and/or racial/ethnic minorities supported to date Workforce Development Sustainability Physical and Social Infrastructure Financial Inclusion Citi Impact Fund: Progress to Date Supported 13 Black founders — most of which are seed or early-stage investments, accounting for 41% of the Fund’s portfolio and 28% of the Fund’s total equity invested Contents ESGatCiti SustainableFinance SustainableProgress Equitable&ResilientCommunities Talent&DEI RiskManagement&ResponsibleBusiness Appendices CITI 2021 ESG REPORT 70