$ 7. 5 2025 GOAL $ 10.5 $ 18.4 $ 65.0 $ 7 7.1 $ 63.3 2021 ESG Report SOCIAL Supplier Diversity We know a diverse supply chain is better business. It’s about ofering excellent fnancial solutions and driving innovation for the beneft of our customers, shareholders, employees and communities. We consider our supplier diversity program a strategic imperative. It was formally established in 2015 to encourage certifed minority-, women-, veteran-, persons with disabilities-, and LGBT+-owned small businesses to compete for contracting opportunities and to drive innovation. Our One Bank approach promotes collaboration across our internal departments to ensure diverse suppliers are used throughout our organization. In addition to ensuring access to business opportunities, we support diverse suppliers through Fifth Third’s Supplier Diversity Spend Since the inception of the Supplier Diversity program, Fifth Third has grown its spending with diverse suppliers from $7.5 million in 2014 to $88.4 million in 2021. % $ (in millions) *Diverse spend was impacted in 2019 by a change of ownership of one of the Bank’s certified women business enterprises as well as the impact of the acquisition of MB Financial, Inc. myriad methods, from certifcation support to scholarships providing education and training on how to conduct business with us, that exemplify our commitment to diverse business owners and to having a more robust and competitive supply chain. TIER 1 Tier 1 spending includes suppliers who provide products and services directly to Fifth Third and receive payment directly from Fifth Third. In 2021, the Bank’s Tier 1 spending increased 17% from $75.4M in 2020 to $88.4M. 10% 9% 8.8 % 8% 9.6 % 7.4 % 7% 6% 5% 4% 3% 2.7 % 2% 1.3 % 1% 0.9 % 0% 2014 2015 2016 2017 2018 2019* 2020 2021 10.0 % 8.6 % $ 88.4 7. 2 % $ 75.4 Contents Introduction Economic Environment Social Governance TIER 2 Tier 2 spending includes suppliers who provide products and services to Fifth Third and receive payment from a Tier 1 supplier. As an industry best practice, infuencing diverse spending through all levels of our supply chain positions us to deliver measurable economic benefts to both Fifth Third and diverse communities. Actively working with Fifth Third’s Tier 1 suppliers to increase engagement and spending with diverse suppliers boosts supplier diversity success. The strategic focus on increasing diverse Tier 2 spending had a signifcant impact as the Bank’s Tier 2 diverse spending in 2021 increased 254% from $7.3M in 2020 to $25.8 million. This resulted in $109 million combined Tier 1 and Tier 2 spending with diverse suppliers in 2021. DIVERSE SPEND AS A PERCENTAGE OF ADDRESSABLE SPEND CONTINUED 58