PR Newswire | Oct 15, 2021 04:15PM EDT

10/15 15:15 CDT

Bank of America Declares Preferred Stock Dividends for Fourth Quarter 2021 CHARLOTTE, N.C., Oct. 15, 2021

CHARLOTTE, N.C., Oct. 15, 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 DatePayment Date or Depositary Share^1

Floating Rate Non-Cumulative, $0.25556 October 29 November 15 Series E

Floating Rate Non-Cumulative, $1,011.11111 November 30December 15 Series F

Adjustable Rate Non-Cumulative, $1,011.11111 November 30December 15 Series G

Fixed-to-Floating Rate Non- $26.00 November 15December 1 Cumulative, Series U

Floating Rate Non-Cumulative $0.1875 November 15November 29 Preferred Stock, Series 1

Floating Rate Non-Cumulative $0.19167 November 15November 29 Preferred Stock, Series 2

Floating Rate Non-Cumulative $0.25556 November 15November 29 Preferred Stock, Series 4

Floating Rate Non-Cumulative $0.25556 November 1 November 22 Preferred Stock, Series 5

6.000% Non-Cumulative $0.375 November 1 November 16 Preferred Stock, Series GG

Fixed-to-Floating Rate Non- $25.625 December 1 December 20 Cumulative, Series JJ

5.375% Non-Cumulative $0.3359375 December 1 December 27 Preferred Stock, Series KK

5.000% Non-Cumulative $0.3125 December 1 December 17 Preferred Stock, Series LL

1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series U and Series JJ, 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 4,200 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

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Investors May Contact:

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

Jonathan G. Blum, Bank of America (Fixed Income)Phone: 1.212.449.3112 jonathan.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 AmericaPhone: 1.980.386.6794christopher.feeney@bofa.com

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SOURCE Bank of America Corporation