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Environmental and Social Policy Framework

Environmental and Social Policy Framework October 8, 2021. Contents I. Introduction 3. II. Environmental and Social Risk Management 3. A. Our Approach to Risk Management 3. B. Principles 4. C. Environmental and Social Risk Policy Scope 4. D. Prohibited Transactions 4. E. Transaction Reviews 5. 1. Environmental and Social Review (E&S Review) 5. 2. Sensitive Sectors and Activities Requiring Enhanced Review 5. 3. Escalation Process 7. III. Climate Change 7. A. Net Zero Banking Alliance 7. B. Perspective on Climate Policy 7. C. Thought Leadership on Climate-Related Risks 8. IV. Forests and Biodiversity 8. A. Transactions Pertaining to Forests and Enhanced Review 8. V. Human Rights 9. A. Indigenous Peoples 9. B. Modern Slavery and Child Labor 9. Information about Morgan's capabilities can be found at and about chase ''s capabilities at Information about jpmorgan chase & Co.

6 JPMORGAN CHASE & CO. Environmental and Social Policy Framework a. Oil Sands Development: Any transaction with a client involved in oil sands development will be subject to Enhanced Review. This will focus on the client’s management of water discharge, use of fresh water, impacts to

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