PR Newswire | Sep 13, 2021 04:16PM EDT

09/13 15:15 CDT

Bank of America Declares Fourth Quarter 2021 Preferred Stock Dividends CHARLOTTE, N.C., Sept. 13, 2021

CHARLOTTE, N.C., Sept. 13, 2021 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:

Series of Preferred Stock Dividend per Share Record Date Payment Date or Depositary Share^1

7.25% Non-CumulativePerpetual Convertible $18.125 October 1 November 1Preferred Stock, Series L

Fixed-to-Floating Rate Non-Cumulative Preferred Stock, $32.500 October 1 October 25Series Z

5.875% Non-Cumulative $0.3671875 October 1 October 25Preferred Stock, Series HH

4.375% Non-Cumulative $0.2734375 October 15 November 3Preferred Stock, Series NN

4.125% Non-Cumulative $0.2578125 October 15 November 2Preferred Stock, Series PP

^1 Each series of preferred stock, other than Series L, is represented bydepositary shares.

Dividend payments are made on a quarterly basis for each series of preferredstock, other than Series Z, for which dividends are paid on a semi-annual basis.

Bank of America

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 approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, approximately 17,000 ATMs, and award-winning digital banking with approximately 41 million active users, including approximately 32 million mobile 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. Bank of America offers industry-leading support to approximately 3 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 approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for email news alerts.

www.bankofamerica.com

Investors May Contact:Lee McEntire, Bank of AmericaPhone: 1.980.388.6780lee.mcentire@bofa.com

Jonathan Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112jonathan.blum@bofa.com

Reporters May Contact:Jerry Dubrowski, Bank of AmericaPhone: 1.646.855.1195 (office) or 1.508.843.5626 (mobile) jerome.f.dubrowski@bofa.com

Christopher P. Feeney, Bank of America Phone: 1.980.386.6794christopher.feeney@bofa.com

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SOURCE Bank of America Corporation