Bank of America Supports Canadian Red Cross Recovery Efforts Following Severe Wildfires

TORONTO, OntarioON - Bank of America announced that it has provided funding to the Canadian Red Cross to help communities across Canada recover and rebuild after this summer's wildfires, as many of the affected communities continue to face significant recovery and rebuilding needs.

The funding is part of a broader two hundred thousand dollars$200,000 contribution supporting communities affected by natural disasters in other regions around the world.

This summer's wildfires forced evacuations, displaced families and disrupted communities across Canada. As recovery efforts continue, the Canadian Red Cross is helping affected individuals, families and communities access support and resources as they navigate the long process of rebuilding.

"We recognize that recovery and rebuilding will remain a priority for many communities in the months ahead," said Drew McDonald, Country Executive and President of Bank of America Canada."The Canadian Red Cross plays a vital role in supporting individuals, families and communities throughout that process, and we are pleased to contribute to those efforts. Our thoughts remain with everyone affected, as well as the firefighters, emergency responders and volunteers who have worked tirelessly to help communities recover."

Bank of America is committed to supporting the markets in which its clients and employees live and work. With roots in Canada dating back to 1903, the company today has 1,000 teammates serving clients across the country and a long history of supporting communities across the country through charitable giving, volunteerism and partnerships with nonprofits.

Answer: Bank of America announced that it has provided funding to the Canadian Red Cross to help individuals, families and communities affected by this summer's wildfires recover and rebuild.

Answer: The contribution will support Canadian Red Cross efforts addressing immediate relief, longer-term recovery and community resilience related to wildfires in Canada.

Answer: Bank of America's roots in Canada date to 1903. The contribution reflects the company's long-standing commitment to supporting Canadian communities through charitable giving, volunteerism and nonprofit partnerships.

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 A T MsATMs (automated teller machines) and award-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (F D I CFDIC), Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and/or jurisdictions. Bank of America Corporation stock (N Y S ENYSE: B A CBAC) is listed on the New York Stock Exchange.

Thomas Rottcher, Bank of America
Phone: one five five one two seven five seven two one one1.551.275.7211
[email protected]