BANK OF AMERICA CORP DE

Trading Arrangements

During the fiscal quarter ended December 31, 2023, none of the Corporation’s directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended)adopted orterminated a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (in each case, as defined in Item 408 of Regulation S-K) for the purchase or sale of the Corporation’s securities.

Disclosure Pursuant to Section 13(r) of the Securities Exchange Act of 1934

Pursuant to Section 13(r) of the Exchange Act, an issuer is required to disclose in its annual or quarterly reports, as applicable, whether it or any of its affiliates knowingly engaged in certain activities, transactions or dealings relating to Iran or with individuals or entities designated pursuant to certain Executive Orders. Disclosure may be required even where the activities, transactions or dealings were conducted in compliance with applicable law. As previously disclosed in its related quarterly report on Form 10-Q, the Corporation identified and reported certain activities pursuant to Section 13(r) for the second quarter of 2023. The information provided pursuant to Section 13(r) of the Exchange Act in Item 5 of the quarter ended June 30, 2023 is hereby incorporated by reference to such report. Except as set forth below, as of the date of this Annual Report on Form 10-K, the Corporation is not aware of any other

activity, transaction or dealing by any of its affiliates during the quarter ended December 31, 2023 that requires disclosure under Section 13(r) of the Exchange Act.

During the fourth quarter of 2023, Bank of America, National Association (BANA), a U.S. subsidiary of Bank of America Corporation, processed seven authorized wire payments totaling $1,063,846 pursuant to a general license issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control regarding Afghanistan or governing institutions in Afghanistan. These payments for BANA clients were processed to Afghan state-owned banks, which are subject to Executive Order 13224. There was no measurable gross revenue or net profit to the Corporation relating to these transactions, except nominal fees received by BANA for processing payments. The Corporation may in the future engage in similar transactions for its clients to the extent permitted by U.S. law.