- 2021 ESG Report Contents Introduction Economic Environment Social Governance SOCIAL Afordable Housing Afordable housing, or the lack of it, continues to be a persistent problem in many communities across our footprint. Introduced in 2016, our Down Payment Assistance program has helped nearly 5,500 individuals achieve the American dream of homeownership. DPA ofers down payment assistance of up to $5,000* depending on eligibility. In 2021, our DPA program helped enable the purchase of 980 homes . Since the inception of the program, we’ve provided over $18 million in DPA assistance. CORPORATE RESPONSIBILITY OFFICE Afordable housing is a priority of Fifth Third’s Corporate Responsibility Ofce, especially its Community Development group. The primary focus of this group is to fnance afordable housing projects that have received reservations of Low-Income Housing Tax Credits, or LIHTC. The group is positioned to meet the unique A rendering of the John Arthur Flats project, which was funded, in part, by the Fifth Third Development Co. banking and capital needs of leading for-proft an d nonproft developers of afordable housing. Among the fundamental strategic objectives of the Community Development group are to: • Proactively address the community and economic development needs of local communities. • Deliver impactful projects that provide afordable housing, services to low- and moderate-income families, stabilize neighborhoods and create jobs in the communities served by Fifth Third. In 2021, Fifth Third’s Community Development group closed on more than $500 million in loans and investments . This commitment created and preserved over 6,000 units of afordable housing for low- and moderate- income people, including families and seniors. In addition, six loans and investments went to development projects that will provide jobs and services for communities in the Bank’s footprint. One notable investment of the Fifth Third Community Development Co., part of the Community Development group, was the John Arthur Flats housing project in Cincinnati in 2021. The property is named after John Arthur, the late spouse of Jim Obergefell, the lead plaintif in the 2015 U.S. Supreme Court case Obergefell v. Hodges, which legalized same-sex marriage throughout the United States. The property will contain 57 new one- and two- bedroom apartments for LGBTQ seniors whose income ranges from 30% to 60% of the area mean income. The Community Development group provided $13.2 million of equity and a construction loan of $7.6 million for the project. “Fifth Third’s Community Development group works in collaboration with public and private organizations to help revitalize neighborhoods so people will have the opportunity to thrive in the environments where they live and work. These projects are critical to the stabilization of neighborhoods and economic growth for the community’s residents.” KEITH BURGESS, SENIOR VICE PRESIDENT AND GROUP HEAD OF COMMUNITY DEVELOPMENT. *Lending subject to credit review and approval. 2021: To be eligible for down payment assistance, borrowers can qualify based upon income level and/or by purchasing property in a low income census tract. Down payment assistance up to $5,000 is available. The subject property must be in one of the following eligible states: MI, IN, IL, KY, TN, OH, WV, NC, GA, FL, SC and be located in a low income census tract, or borrower must meet the low income limit threshold based on the qualifying income per FFEIC website. Down payment assistance may be taxable as income and reported to the IRS. Consult your tax advisor. Not available with all loan products. Fifth Third Bank, National Association, 38 Fountain Square Plaza, Cincinnati, OH 45263. NMLS#402345. Equal Housing Lender. Fifth Third and Fifth Third Bank are registered service marks of Fifth Third Bancorp. CONTINUED 73