2021 ESG Report SOCIAL Financial Education, Access and Stability Woodcrest Elementary in Columbus, Ohio, was among the schools that received a Fifth Third Young Bankers Club technology grant in 2021. Fifth Third is committed to fnancial education, access and stability. For more than 15 years, we’ve ofered a suite of fnancial empowerment programs that are designed to educate and empower people so that they have to the tools they need to achieve their dreams and live their best lives. L.I.F.E. Programs Fifth Third’s L.I.F.E. (Lives Improved through Financial Empowerment®) programs were designed to educate people at nearly every age and stage of life. Since 2004, Fifth Third has helped educate 2.8 million people in the ways of personal fnance. F IFTH THIRD YOUNG BANKERS CLUB® Nearly 35,000 young bankers have graduated from our signature Fifth Third Young Bankers Club program since 2004. Over 4,500 students participated in 2021, when we launched a digital version of the program to increase its accessibility and provide teachers with greater fexibility. In only 30-45 minutes per week over an eight-week period, teachers can help students learn all the basics of fnance online at any time. The free YBC program features Maximillion Money™, the 10-year-old character featured in all digital lessons. Maximillion takes kids to the New York Stock Exchange, the U.S. Mint and a Fifth Third banking center. The gamifed Contents lessons enable students to “level up” as they learn about budgeting, banking and payment methods, borrowing money, jobs and income, saving and investing, and more. In November 2021, Fifth Third made 13 technology grants of $10,000 each to schools and nonproft organizations that were actively engaging with our new digital Young Bankers Club program. The grants enabled the organizations to purchase and incorporate more tools into their educational curriculums to boost technological access in their communities. Introduction Economic Environment Social Governance FIFTH THIRD BANK FINANCE ACADEMY® We ofer two fnancial education courses for high school students through our Fifth Third Bank Finance Academy program—foundational fnance and entrepreneurship. The program is focused on high-need students and schools, with 51% of students coming from underserved communities. In the 2020-21 school year, 127,173 students completed nearly 300,000 hours of learning. To date, more than 450,000 students have taken Finance Academy courses and completed over one million hours of learning. CONTINUED 76
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