Bank of America Corporation has announced its plan to redeem all $2 billion in outstanding principal amount of its 3.366% Fixed/Floating Rate Senior Notes, which are due January 2026. The redemption is set for January 23, 2025, at a price equal to 100% of the principal amount plus any accrued and unpaid interest up to the redemption date. Interest on these notes will cease on the redemption date.

The payment for this redemption will be processed through The Depository Trust Company facilities. The Bank of New York Mellon Trust Company, N.A., serves as the trustee and paying agent for these notes.

Bank of America is recognized as one of the leading financial institutions globally, providing services to individual consumers, small and middle-market businesses, and large corporations. It offers a wide range of banking, investing, asset management, and other financial products and services. In the United States alone, it serves around 69 million clients through approximately 3,700 retail financial centers and about 15,000 ATMs.

The company is also a significant player in wealth management and corporate investment banking worldwide. Its stock is listed on the New York Stock Exchange under BAC.

The announcement includes forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could affect future performance. Bank of America advises against placing undue reliance on such statements without considering associated risks outlined in their annual report.

For investor inquiries regarding this announcement, Lee McEntire can be contacted at Bank of America by phone or email. Jonathan G. Blum is available for fixed income-related questions.

Media representatives may reach out to Jocelyn Seidenfeld at Bank of America for further information.

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