BANK OF AMERICA CORP /DE/

Trading Arrangements

During the fiscal quarter ended June 30, 2025, none of the Corporation’s directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended (Exchange Act))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. Except as set forth below, as of the date of this Quarterly Report on Form 10-Q, the Corporation is not aware of any other activity, transaction or dealing by any of its affiliates during the quarter ended June 30, 2025 that requires disclosure under Section 13(r) of the Exchange Act.

During the second quarter of 2025, Bank of America, National Association (BANA), a U.S. subsidiary of Bank of America Corporation, processed 85 authorized wire payments totaling $33,421,760 pursuant to a general license issued by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) regarding Afghanistan or governing institutions in Afghanistan. These payments were for two BANA clients and were processed to Afghan state-owned banks, which may be 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.

In addition, during the second quarter of 2025, two transactions occurred relating to the internal transfer of funds between BANA client accounts, which involved an individual whose name matched that of a person recently designated by OFAC under Executive Order 13224. All funds were subsequently blocked, and the transactions were reported to OFAC. There was no measurable gross revenue or net profit to the Corporation relating to these transactions.

The Corporation may in the future engage in authorized transactions for its clients to the extent permitted by U.S. law.