Our supplier diversity mission is comprised of three pillars: (1) increasing diversity within the JPMorgan Chase supply chain, (2) creating a supply chain that mirrors our customers’ demographics; and (3) driving economic growth in the communities in which we do business. Supplier development is also a key component of our mission. We invest in building diverse suppliers’ capacity and expertise, positioning them to successfully do business with our Firm and also with other corporations. In 2021, our Firm spent approximately $2.4 billion on Tier 1 and Tier 2 diverse suppliers, including $1.2 billion with minority-owned businesses and $902 million with women-owned businesses. 26 25 In addition, we have a dedicated effort to mobilize our Gold Suppliers – a network of over 100 of our most strategic suppliers that have achieved our top supplier designation – to promote supplier diversity programs, with an emphasis on Black, Hispanic and Latino-owned businesses. As of the end of 2021, nearly 40% of our Gold Suppliers had agreed to increase aggregate spend with diverse companies globally by more than $6 billion collectively over the next three years. In 2021, our Firm also committed up to $200 million to be co-invested alongside Ariel Alternatives in Project Black to forge a new class of Black, Hispanic and Latino entrepreneurs, as well as to nurture and grow minority-owned businesses in the Fortune 500 supply chain. 25 Tier 1: The amount of spend, or procurement dollars, that the Firm spends directly with third parties that provide goods and services that support its business operations. Tier 2: The amount of spend, or procurement dollars, that the Firm's suppliers spend with their tier 1 suppliers. 26 Businesses that are at least 51% owned operated and controlled by members of an ethnic minority including Black, Hispanic, Asian and Native American. Business, particularly small- and medium-size enterprises, serves as a key engine of economic growth and mobility, especially in low- and moderate-income communities. However, minority- and women-owned businesses face systemic barriers – including lack of access to capital, networks and tools – when it comes to establishing, growing and scaling their companies. Additionally, as JPMorgan Chase Institute research has shown, the typical White-owned business has an additional week of cash liquidity compared to Black-owned businesses – critical days of buffer during stress periods like the pandemic. JPMorgan Chase is working to level the playing field for diverse entrepreneurs through products, programs, investments and policy recommendations aimed at expanding access to resources. SUPPLIER DIVERSITY JPMorgan Chase supports the development and utilization of qualified diverse businesses from historically underrepresented groups including companies owned and operated by minorities, women, military veterans, disabled veterans, service- disabled veterans, people with disabilities and members of the LGBT+ community. We have been committed to diverse entrepreneurs for decades. In 2020, as part of the Firm's $30 billion Racial Equity Commitment, we deepened our dedication to supplier diversity by pledging to spend an additional $750 million in Tier 1 spend with Black, Hispanic and Latino suppliers over five years. SUPPORT FOR SMALL BUSINESS Our Firm is proud to serve small business. During 2021, JPMorgan Chase provided $22 billion of credit to small businesses. As part of our Racial Equity Commitment in 2020, we pledged to provide an additional 15,000 or $2 billion in loans to small businesses in majority Black, Hispanic and Latino communities over the next five years. In 2021, we began building the infrastructure and foundation to deliver our goal. We expanded a national program to help support minority entrepreneurs in historically underserved neighborhoods. Launched in late 2020, the initiative matches business owners – regardless of whether they are Chase customers – with a Chase senior business consultant who provides one-on-one coaching. By the end of 2021, we have hired 25 diverse senior business consultants to support this effort. Collectively, they mentored more than 1,000 Black, Hispanic and Latino small businesses and hosted educational events, community workshops and business training seminars with over 28,000 participants across 14 U.S. cities. Over the past two years, our Firm also deployed substantial small business lending through pandemic-related government relief programs, including the PPP. While PPP loans are not part of the Firm’s Racial Equity Commitment, JPMorgan Chase was the #1 PPP lender on a dollar basis — over the life of the program, we funded more than 400,000 loans for more than $40 billion. Fueling Business Growth and Entrepreneurship 40 INTRODUCTION ENVIRONMENTAL SOCIAL Feature: Our Commitment to Racial Equity Diversity, Equity & Inclusion Human Capital Inclusive Growth GOVERNANCE ESG REPORT APPENDICES