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SPURRING COMMUNITY AND ECONOMIC DEVELOPMENT IN EMERGING MARKETS The United Nations SDGs provide goals for all countries – developed and developing – to alleviate poverty and inequality, improve health and education and spur economic growth and employment, all while tackling climate change and working to preserve natural ecosystems. Achieving these goals will require unprecedented levels of investment in community and economic development, particularly in emerging economies. Our Firm launched the JPM DFI in 2020 to mobilize capital towards sustainable development in emerging markets. By assessing transactions with anticipated development impact, the JPM DFI seeks to expand the market for development finance and attract capital to transactions that offer both potential financial returns and advance the SDGs. In 2021, the JPM DFI assessed transactions to have anticipated development impact for a total combined amount of $117 billion. JPM DFI also acts as development finance structuring agent for a diverse set of corporate and sovereign transactions, which involves assisting clients to measure, manage and communicate the development impact of their transaction with investors and other stakeholders. 32 32 Excludes transactions that overlap with Green, representing a total combined amount of $7 billion Fostering Mongolia’s Healthcare, Transport Infrastructure and Technology Sectors In June 2021, the Government of Mongolia issued a $1 billion sovereign bond, where JPM DFI acted as joint bookrunner and development finance structuring agent. The Government of Mongolia plans to use the proceeds from the issuance of the bond to improve the country’s healthcare, transport infrastructure and technology sectors, addressing key development gaps in the region. In particular, the proceeds of the bond are expected to address these challenges by: • Building a second branch of the National Cancer Center to improve early detection and improve diagnostic and treatment capacity; • Promoting sustainable public transportation in Ulaanbaatar, increasing the capacity of the public transport system by procuring 1,500 electric buses, which are also expected to reduce fuel costs by 65% and improve access for people with disabilities; • Issuing citizens and registered organizations digital signatures; and • Introducing platforms that incorporate and advance new technologies for government services, including a nationwide unified and integrated address information system. The JPM DFI mapped the transaction to SDGs #3, #11 and #16, associated with ensuring healthy lives, fostering sustainable cities and communities and promoting inclusive societies for sustainable development. For more information on the JPM DFI, see the 2021 Annual Report . Ulan Bator, Mongolia 45 INTRODUCTION ENVIRONMENTAL SOCIAL Feature: Our Commitment to Racial Equity Diversity, Equity & Inclusion Human Capital Inclusive Growth GOVERNANCE ESG REPORT APPENDICES

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