Forward-looking statements The Investor Day presentations contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of JPMorgan Chase & Co. management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause JPMorgan Chase & Co. actual results to differ materially from those described in the forward-looking statements can be found in JPMorgan Chase & Co. Annual Report on Form 10-K for the year ended December 31, 2022 and Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023, which have been filed with the Securities and Exchange Commission and are available on JPMorgan Chase & Co. website (https://jpmorganchaseco.gcs-web.com/financial-information/sec-filings), and on the Securities and Exchange website (www.sec.gov). JPMorgan Chase & Co. does not undertake to update any forward-looking statements.

Topics of discussion Firm overview Operating environment Financial results Outlook Conclusion 1

We have a proven operating model that is supported by a consistent strategic framework Complete Global Diversified At Scale Customer centric and easy to do business with Comprehensive set of products and services Focus on safety and security Powerful brands Continuously investing in the future while maintaining expense discipline Focus on customer experience and innovation Employer of choice for top and diverse talent Fortress balance sheet Risk governance and controls Culture and conduct Operational resilience Investing in and supporting our communities Integrating environmental sustainability into business and operating decisions Serving a diverse customer base Promoting sound governance Exceptional client franchises Unwavering principles Long-term shareholder value Sustainable business practices 2

We have leading client and customer-centric franchises CCB AWM CB CIB IB fees4 Markets revenue5 Treasury Services revenue6 Rated Private Bank in the World7 LT active fund flows (5-yr)8 U.S. retail deposits1 U.S. credit card issuer 2 Primary Business Bank3 Multifamily lender9 Middle Market bookrunner10 CCB U.S. retail deposits1 7.1% 10.9% Credit card sales11 20.5% 22.4% Client investment assets $159B $647B #1 retail deposit share in top three U.S. markets: NYC, LA and Chicago CIB Investment Banking fees4 7.7% 7.9% Markets revenue5 8.6% 11.6% 5.6% 8.4% Operate in 100+ markets globally CB Gross IB revenue13 $1.6B $3.0B Payments revenue14 $2.7B $5.9B International presence in 34 locations and 66% revenue growth '19-'22 AWM Client assets15 $2.0T $4.0T 72% 90% 19 straight years of positive net new flows; $1.6T since 201217 Market share 2012 2022 +380bps +260bps+190bps +3.5x4.1 +3.5x+20bps +3.5x+300bps +3.5x+280bps +3.5x1.9 +3.5x+121% +3.5x+100% +3.5x+18ppts Long-term mutual fund AUM outperforming over 10 years16 Treasury Services revenue6 For footnoted information, refer to slide 21 12 3

Being complete, global, diversified and at scale enables us to needs across the spectrum and through cycles CCB2 CIB2 CB AWM Corp. Revenue1 by segment ($B) $111 $123 $132 51 51 55 38 49 48 9 9 1213 14 18 2018 2020 2022 $111 $123 $132 53 47 62 39 47 41 2018 2020 2022 20 29 29 NII3 NIR3 Markets Revenue1 by type ($B) -SCALE OFFERING $3.7T Total assets Wealth Management Commercial Real Estate Fixed Income Markets Global Private Bank International Consumer Initiatives $2.8T AUM 79mm U.S. consumers $4.0T Client assets 294k Employees across 60+ countries >90% Of Fortune 500 companies do business with us $5.6T Consumer payments4 $10T Daily payment processing5 Payments Asset Management M&A ECM DCM Equity Markets Lending Securities Services Middle Market Corporate Client Consumer Banking Business Banking Card Services Home Lending Auto For footnoted information, refer to slide 22 100+ Markets globally 4

multi-LOB partnerships and delivering all of JPMorgan Chase to clients throughout their lifetimes Individuals Small Businesses Middle Markets Larger Corporates Financial & Investment Markets / SS Banking PaymentsGPB AM CCB CIB CBAWM 50 Market Leadership Teams in the U.S. 7 U.S. regions; 700+ senior leaders 43 Senior Country Officers globally All focused on cross-LOB growth opportunities ~30% of leaders have cross business/function experience1 Denotes primary relationships Our product completeness and scale make us uniquely positioned to strengthen our value proposition to each client segment Relationships with adjacent segments (e.g., employees) or cross-LOB solution CIBCBAWMCCB Select cross-LOB solutions strengthening segment value propositions Advanced Chase Wealth Management products and capabilities powered by Global PB Payment solutions including real time bill payment and global remittances Integrated Payment solutions (QuickAccept) embedded into Chase Complete Banking Employee benefits and retirement accounts provided by Everyday 401K Payment solutions tailored to Middle Market and specific sectors (e.g., Healthcare, e- Commerce) Sponsor and VC coverage spanning portfolio companies, GPs and Founders Global Shares for capital table management and share plan management for employees Range of customized lending, treasury, markets, and custody solutions to meet needs of complex financial institutions For footnoted information, refer to slide 22 Our value proposition is further enhanced by constant investment in Technology 5

There are multiple sources of uncertainty ahead Macro environment Health of the consumer Interaction between interest rates, persistent inflation and ongoing tight labor market We are prepared to deliver for our clients, customers and stakeholders in any environment Pace of QT Debt ceiling Geopolitical Ongoing war in Ukraine US / China relations Regulatory CCAR / SCB Basel III endgame / holistic review Heightened scrutiny of the banking sector overall FDIC-related items 6

Cybersecurity and risk management remain non-negotiable priorities Provide operational resiliency and security Address multi-jurisdictional sanctions money in movement and data Minimize fraud and cyber risk Comply with AML1 laws and KYC2 protocols We are an integral part of a safe, sound and resilient financial system Compliance Fraud Cyber KYC Control Management Legal Finance Risk For footnoted information, refer to slide 22 Three lines of defense Front Line Units Independent Risk Management Internal Audit Human Resources Technology 7

We remain committed to advancing a sustainable and inclusive economy Sustainable Development Target: $2.5T over 10 years1 Racial Equity Commitment: $30B over 5 years1 Community Development Striving to advance economic inclusion in developed markets $102B cumulative progress by the end of 2022 $482B reported progress by the end of 2022 ~$29B Approved funding of ~$18B in loans to incentivize the preservation of nearly 170k affordable housing rental units in the U.S. Opened 16 Community Center Branches2 and hired 146 Community Managers Refinanced 14,000+ incremental mortgage loans totaling ~$3B Invested $100mm+ of equity in Minority Depository Institutions and Community Development Financial Institutions 406,000 net new low-cost checking accounts with no overdraft fees Development Finance Working to support socioeconomic development in emerging economies $204B Green $1T goal Aiming to drive climate action and sustainable resource management $176B For footnoted information, refer to slide 22 95% 19% 8

9% compound annual growth rate since 2004 $15 $16 $19 $22 $23 $27 $30 $34 $39 $41 $45 $48 $51 $54 $56 $61 $66 $72 $73 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 Our strong track record has laid the foundation for our continued success TBVPS1 ($) 18% ROTCE1 $132B Revenue3 58% Overhead ratio3 445bps > peers2 $38B Net Income vs. 69% for peers2 vs. 12% for peers2 Complete Global At ScaleDiversified quality of earnings. This means consistently - Jamie Dimon, 2007 Technology Bankers, Advisors & Branches Marketing Digital, Data, AI & Product Design New and Expanded Businesses For footnoted information, refer to slide 22 2022 9

For footnoted information, refer to slide 22 $1.4T HQLA and marketable securities 140% Bank LCR $488B Total Loss-Absorbing Capacity 5.9% Firm SLR 13.8% Standardized CET1 ratio LIQUID BALANCE SHEET $460B Our fortress balance sheet principles are designed so we can be a pillar of strength in any environment 114% Firm LCR 13.9% Advanced CET1 ratio STRONG CAPITAL POSITION Tier 1 $254B $488B TLAC Allowance JPM Current JPM Loss- Absorbing Capacity All U.S. bank loan losses during the GFC4 As of March 31, 2023 Sources of liquidity1 $1.6T $2.3T Deposits1 NIM3: 4Q21 3.1% 1.9% 3.8% (120bps) 190bps Cash HQLA-eligible securities2 Other unencumbered securities2 $203B $453B $421B $557B$236B $421B 4Q19 1Q23 ~$600B increase in liquidity sources $1.4T $0.9T 10 $713B $1,113B $855B $1,208B 4Q19 1Q23 ~$800B net deposit inflows since QE restarted CCB CIB, CB, AWM, Corp.

2023 Outlook as of 1Q23 Impact of First Republic 2023 Outlook Medium-term NII ex. Markets outlook increasing to ~$84B due to First Republic, though sources of uncertainty remain ~$84 Deposit reprice Magnitude and timing Competitive dynamics and consumer behavior Balance sheet growth and mix Card Services revolve normalization Securities reinvestment strategy Impact of policy choices and macro environment Pace of quantitative tightening (QT) Path of Fed Funds rate Size and terms of RRP Severity of any recession 1Q23 $20.9 NET INTEREST INCOME EX. MARKETS1 ($B) SOURCES OF UNCERTAINTY 2Q23 3Q23 4Q23 $81 Mid-$70s ~$3 Medium-term impact to be determined For footnoted information, refer to slide 23 Assumes Fed Funds target upper bound reaches 4.75% by year end, with two cuts in 4Q23 Assumptions Mid-single digit loan growth Card Services revolve growth continues Moderate Wholesale loan growth Deposits down slightly YoY Rate headwinds partially offset by moderate loan growth Assumptions Meaningful catch up in deposit repricing as lags are removed from the current run rate Potential upside from First Republic franchise 11

Should the terms of RRP be reevaluated given the extent of deposit drainage? Credit extension How long can unprecedented pace of QT continue before triggering reserve scarcity? System-wide deposit levels will depend on how QT interacts with RRP and customer behavior Key questions U.S. Treasury MMFs FHLB $18.1 $17.1 17 ($0.4) ($0.6) ($0.7) $0.8 Dec '21 Loans and securities Fed B/S TGA and RRP Other Apr '23 Size of Fed balance sheet Federal Reserve Outlook: continued QT (~$80B per month) Mix of Fed liabilities Increase in AUM, invested in non- RRP assets (e.g., T-bills) RRP facility Outlook: growth in RRP likely to continue absent increase in available T-bills Spending of Treasury General Account (TGA) Issue treasuries to increase TGA Outlook: ~neutral over time Growth in advances, if funded by MMFs selling RRP Growth in advances, if funded by discount notes purchased using bank deposits Individuals, corporations and institutions Increases deposits Repay loans / purchase securities from banks Outlook: modest loan growth to continue Evolution of U.S. commercial bank deposits ($T)1 Fed B/S TGA & Loans & s rities Regardless of macro pressures on deposits, our strategy remains the same: focus on maintaining primary banking relationships Borrow from / sell securities to banks Decreases deposits FHLB & other2 vs. $4.6T Fed B/S expansion during QE For footnoted information, refer to slide 23 12

Our 2023 expense outlook is unchanged excluding expenses associated with First Republic ADJUSTED EXPENSE1 ($B) 1 2 31 33 27 28 5 5 12 12 2022 2023 Outlook before First Republic Impact of First Republic 2023 Outlook ~$5 ~$81 CCB CIB CB AWM Corp. $76 ~$2B increase in investment expense ~$3B increase in structural expense Includes $0.6B of investments transitioned into BAU Includes $0.5B of FDIC assessment announced in 2022 Modest decrease in volume- and revenue- related expense ~$3.5 ~$84.5 Includes integration costs 2024 CONSIDERATIONS FDIC CONSIDERATIONS Moderating labor inflation Continued investments Market-dependent increase in volume- and revenue-related expenses Continued efficiencies Integration costs related to First Republic Potential increases to regular-way FDIC assessments For footnoted information, refer to slide 23 Finalization of special assessment related to systemic risk determination Based on May 11 NPR: Approximately $3B, pre-tax Likely to be accrued in 2023 Assessment associated with First Republic No indication of a special assessment $13B estimated loss to the DIF can be rebuilt through regular-way assessments Potential redesign to deposit insurance special assessment FDIC 13

We continue to invest in positioning the Firm for long-term success $5.6 $6.7 $7.2 0.3 1.9 2.3 2.7 2.6 3.2 3.2 0.2 0.2 0.3 0.7 0.8 0.9 2021 2022 2023 Technology InvestmentsTotal investment expense ($B) CCB CIB CB AWM Corp. $10.9 $13.7 $15.7 0.5 0.3 0.6 5.2 7.1 7.9 3.0 3.6 3.9 0.7 0.9 1.0 1.4 1.8 2.2 2021 2022 2023 $1.7 $2.2 $2.7 2021 2022 2023 $2.1 $2.6 $3.0 2021 2022 2023 $0.7 $1.5 $1.2 2021 2022 2023 Bankers, Advisors & Branches Marketing Digital, Data, AI & Product Design New and Expanded Businesses Commerce Int. Consumer $0.7 $0.9 $1.0 2021 2022 2023 Other1 Totals may not sum due to rounding; for footnoted information, refer to slide 23 $0.2 $0.6 2021 2022 2023 $0.0 14

The regulatory capital environment is uncertain Today Comment periodNPR Phase-in period Final rule Final implementation MULTIPLE FACTORS AT PLAY, THOUGH ANY POTENTIAL REGULATORY CHANGE 4.5% GSIB CCyBLending RWA Buffers 1Q25 earliest 4.0% 0% Today Rule ? ? Period ? Final implementation ? Trading (incl. Repos & FRTB) SCBOperational Risk and CVA Although the ultimate direction of the various components of capital requirements is uncertain, we are prepared for overall requirements to increase Basel III endgame Holistic review 15

strong organic capital generation capabilities For footnoted information, refer to slide 23 11.9% 13.8% 1Q22 1Q23 1Q24 13.5% target Our organic capital generation and proven balance sheet discipline enable us to dynamically adjust to headwinds and pursue strategic opportunities 1Q22 1Q23 reflects actuals 1Q23 1Q24 is illustrative and based on analyst estimates as of 4/27 (before First Republic) 11.2% 13.5% 12.5% Regulatory Requirement Organic capital generation (net income, less dividends1) RWA change SCB: GSIB: 3.2% 3.5% 4.0% 4.0% 4.0%? 4.5% ORGANIC CAPITAL GENERATION AND EVOLUTION OF CET1 RATIO FROM 1Q22 TO 1Q24 Includes RWA mitigation efforts RWA growth2 ~40bps per quarter2 Potential uses: FDIC special assessment 2023 SCB uncertainty Potential regulatory changes Additional business growth Distributions ~$20B of excess capital available Includes net repurchases and AOCI ~40bps First Republic impact 13.0% 16

Credit remains benign, but we expect continued normalization throughout the year 5.8% 5.3% Q0 Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 WE ARE RESERVED FOR PEAK UNEMPLOYMENT OF 5.8% IN LATE 20241 8-quarter weighted average UER forecasts (%) 10.3 11.4 1.9 1.7 6.5 9.5 18.7 22.8 4Q21 total allowance Economic drivers Loan growth / mix and credit quality 1Q23 total allowance Card Services Consumer ex. Card Wholesale Firmwide allowance ($B) WE HAVE BUILT RESERVES AS THE OUTLOOK HAS DETERIORATED 3 WE EXPECT NORMALIZED NCOS BY THE END OF 2023 NCO rate (%) 0.6% 0.6% 0.3% 0.3% 2019 2020 2021 2022 2023 Outlook Card Services Consumer ex. Card Wholesale Firmwide 3.10% 2.93% 1.94% 1.47% 2.60% For footnoted information, refer to slide 23 4Q21 1Q23 Pre-pandemic 2017 2019 average 3,4 2 17

18% 2022 Medium-term We are positioned to generate strong ROTCE in a variety of recessionary scenarios For footnoted information, refer to slide 23 Deposit outcomes Credit normalization and possible deterioration Impact of policy choices Investment banking wallet recovery and new normal Inflation Regulatory items Loan growth THE BALANCE OF RISKS SKEWS TO THE Illustrative ROTCE1 path by recessionary scenario 17% through the cycle target Moderate to deep, earlyModerate, delayedRecession depth, timing Moderate to deep, earlyShallow, gradual Shallow, early Well belowWell aboveFed Funds Rate vs. LT policy Slightly aboveAbove Below Sharply abatingPersistentInflation Slowly abatingLess persistent Abating Recessionary scenarios 1Q22 4Q22 quarterly ROTCE 20% 18

We remain committed to serving our clients and customers with the full breadth of our offering, while producing strong returns for all our constituents ~17% ROTCE target ~$84B 2023 NII and NII ex. Markets ~$84.5B 2023 adjusted expense 13.5% Target CET1 ratio at 1Q24 Promotes stronger and deeper relationships with customers Allows us to serve more clients everywhere Supports more stable earnings in any operating environment Offsets margin compression through volume growth and facilitates efficiencies Complete Global Diversified At Scale See notes on slide 20 for additional information on ROTCE, NII ex. Markets and adjusted expense 19

Notes on non-GAAP financial measures 1. rat are non- ition of managed basis starts, in each case, with the reported U.S. GAAP results and includes certain reclassifications to present total net revenue for the Firm and each of the reportable business segments on a fully taxable-equivalent basis. Accordingly, revenue from investments that receive tax credits and tax-exempt securities is presented in the managed results on a basis comparable to taxable investments and securities. These financial measures allow management to assess the comparability of revenue from year-to-year arising from both taxable and tax-exempt sources. The corresponding income tax impact related to tax- exempt items is recorded within income tax expense. These adjustments have no impact on net income as reported by the Firm as a whole or by the lines of business. For a reconciliation of the Annual Report on Form 10-K for the year ended December 31, - -G Annual Report on Form 10-K for each respective year 2. nt which is composed of Fixed Income Markets and Equity Markets). Markets revenue consists of principal transactions, fees, commissions and other income, as well as net interest income. These metrics, which exclude Markets, are non-GAAP financial measures. Management reviews these metrics to assess the performance of t -liability management) and deposit-raising activities, without the volatility associated with Markets activities. In addition, management also assesses Markets business performance on a total revenue basis as offsets may occur across revenue lines. For example, securities that generate net interest income may be risk-managed by derivatives that are reflected at fair value in principal transactions revenue. Management believes that disclosure of these measures provides investors and analysts with alternative measures to analyze the revenue trends of the Firm. For a reconciliation of NII, net yield, and NIR from reported to excluding Markets for the full year 2022 and the first quarter of 202 -K and page -Q for the quarter ended March 31, 2023, respectively. For all other periods presented, refer to the Explanation and Reconciliation of the - -K for each respective year 3. ach non-GAAP financial measures. TCE represents the angible assets (other than mortgage servicing rights), net of related VPS -end divided by common shares at period-end. TCE, ROTCE and TBVPS are utilized by the Firm, as well as investors and analysts, in assessing the -K. For all other periods presented, refer to the Explanation and - -K for each respective year 4. Adjusted expense, which excludes Firmwide legal expense, is a non-GAAP financial measure. Adjusted noninterest expense excludes Firmwide legal expense of $266mm for the full year ended December 31, 2022. Management believes this information helps investors understand the effect of certain items on reported resul performance 20

Notes on slide 3 Slide 3 We have leading client and customer-centric franchises 1. Federal Deposit Insurance Corporation (FDIC) 2022 Summary of Deposits survey per S&P Global Market Intelligence applies a $1B deposit cap to Chase and industry branches for market share. While many of our branches have more than $1B in retail deposits, applying a cap consistently to ourselves and the industry is critical to the integrity of this measurement. Includes all commercial banks, savings banks and savings institutions as defined by the FDIC 2. Based on 2022 sales volume and loans outstanding disclosures by peers (American Express Company (AXP), Bank of America Corporation, Capital One Financial Corporation, Citigroup Inc. and Discover Financial Services) and JPMorgan Chase estimates. Sales volume excludes private label and Commercial Card. AXP reflects the U.S. Consumer segment and JP private label, AXP Charge Card, Citi Retail Cards and Commercial Card 3. Barlow Research Associates, Primary Bank Market Share Database as of 4Q22. Rolling 8-quarter average of small businesses with revenue of more than $100,000 and less than $25mm 4. Dealogic as of April 3, 2023. Rank for 2022 5. ased on Coalition Index Banks for Markets 6. Coalition Greenwich Competitor Analytics. Reflects global J.P. Morgan Treasury Services business (CIB and CB). Based on JPMorgan Banks for Treasury Services 7. Euromoney 8. Active ETF Rank (Simfund) 9. In the U.S.. S&P Global Market Intelligence as of December 31, 2022 10. Refinitiv LPC, 2022 11. Represents general purpose credit card spend, which excludes private label and Commercial Card. Based on company filings and JPMorgan Chase estimates 12. Data as of 2017 13. Includes gross revenues earned by the Firm, that are subject to a revenue sharing arrangement with the CIB, for products sold to CB clients through the Investment Banking, Markets or Payments businesses. This includes revenues related to fixed income and equity markets products 14. In the fourth quarter of 2022, certain revenue from CIB markets products was reclassified from investment banking to payments. In the first quarter of 2020, the Merchant Services business was realigned from CCB to CIB. With the realignment, revenue is now reported across CCB, CIB and CB based primarily on client relationship. Financials from 2012 were revised to conform with the current presentation. Includes growth of $161mm that is also included in the Gross IB revenue metric 15. In the fourth quarter of 2020, the Firm realigned certain wealth management clients from AWM to CCB. Prior-period amounts have been revised to conform with the current presentation 16. 90% of 10-year J.P. Morgan Asset Management long-term mutual fund AUM performed above peer median. All quartile rankings, the assigned peer categories and the asset values used to derive this analysis are sourced from the fund ranking providers. Quartile rankings are done on the net-of-fee absolute return of each fund. The data providers re-denominate the asset values into U.S. dollars. This % of AUM is based on fund performance and associated peer rankings at the share class level for U.S.- lasses defined are not available, the oldest share class is used as the primary share class. The performance data could have been different if all share classes would have been included. Past performance is not indicative of future results. Effective September 2021, the Firm has changed the peer group ranking source from Lipper to Morningstar for U.S.-domiciled funds (except for Municipal and Investor Funds) and Taiwan-domiciled funds, to better align these funds to the providers and peer groups it believes most appropriately reflects their competitive positioning. This change may positively or adversely impact, substantially in some cases, the quartile rankings for one or more of these funds as compared with how they would have been ranked by Lipper for this reporting period or future reporting periods. The source for determining the rankings for all other funds remains the same. The based on internal investment management structures 17. Refers to total client asset flows 21

Notes on slides 4-10 Slide 4 1. Totals may not sum due to rounding. See note 1 on slide 20 2. In the first quarter of 2023, the allocations of revenue and expense to CCB associated with a Merchant Services revenue sharing agreement were discontinued and are now retained in Payments in CIB. Prior-period amounts have been revised to conform with this presentation 3. Ex. Markets. See note 2 on slide 20 4. PayChase, Zelle, RTP, External Transfers, Digital Wires), Non-digital (Non-digital Wires, ATM, Teller, Checks) and credit and debit card payment outflows 5. Based on firmwide data using regulatory reporting guidelines as prescribed by the Federal Reserve Board Slide 5 -LOB partnerships and delivering all of JPMorgan Chase to clients throughout their lifetimes 1. As of May 5, 2023, 30% of MD employees up to two levels down from the Operating Committee had cross-sub-LOB and/or cross-function mobility since 2017 Slide 7 Cybersecurity and risk management remain non-negotiable priorities 1. Anti- 2. Slide 8 We remain committed to advancing a sustainable and inclusive economy 1. Select highlights, refer to our 2022 ESG report for additional detail 2. Total Community Center Branches as of April 30, 2023 Slide 9 Our strong track record has laid the foundation for our continued success 1. See note 3 on slide 20 2. Peers include Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo 3. See note 1 on slide 20 Slide 10 Our fortress balance sheet principles are designed so we can be a pillar of strength in any environment 1. Totals may not sum due to rounding. Deposits are average for the quarter 2. HQLA- gan Chase Bank, National Association ("JPMorgan Chase Bank, N.A.") that is in excess of its stand-alone 100% minimum LCR requirement and not transferable to non- eported HQLA under the LCR rule. Other unencumbered securities includes other end- of-period unencumbered marketable securities, such as equity and debt securities 3. Net yield on average interest-earning assets excluding Markets. See note 2 on slide 20 4. -2011). S&P Capital IQ 22

Notes on slides 11-18 Slide 11 NII ex. Markets outlook increasing to ~$84B due to First Republic, though sources of uncertainty remain 1. See notes 1 and 2 on slide 20 Slide 12 System-wide deposit levels will depend on how QT interacts with RRP and customer behavior 1. Totals may not sum due to rounding 2. Includes items from both the Fed balance sheet and all Commercial Banks balance sheets that influence deposits but are not reflected in the other data presented Slide 13 Our 2023 expense outlook is unchanged excluding expenses associated with First Republic 1. See note 4 on slide 20. Totals may not sum due to rounding Slide 14 We continue to invest in positioning the Firm for long-term success 1. Other includes selected LOB- Slide 16 1. Dividends include common and preferred stock dividends 2. Represents the median consensus of research analyst estimates as of April 27, 2023 Slide 17 Credit remains benign, but we expect continued normalization throughout the year 1. As of March 31, 2023 2. Wholesale includes allowance for credit losses in Corporate 3. Totals may not sum due to rounding; 4Q21 and 1Q23 total allowance include $42mm and $90mm, respectively, on investment securities 4. On January 1, 2023, the Firm adopted changes to the TDR accounting guidance. The adoption of this guidance resulted in a net reduction in the allowance for loan losses of approximately $600mm Slide 18 We are positioned to generate strong ROTCE in a variety of recessionary scenarios 1. See note 3 on slide 20. ROTCE ranges indicated are estimates 23

We continue to execute against our technology strategy Deliver best-in-class products, platforms, and experiences Unlock the power of data Strengthen our development capabilities and infrastructure Customer and client experiences Product and platform development Modernize technology Drive software development excellence Embed data and insights into everything Continued to release new products and experiences that delight our customers: Account validation: custom-built engine that validates bank accounts to protect customers Cash optimization: enable utilization of residual cash to generate alpha Connected Commerce: ecosystem of products connected via reusable APIs Fusion: cloud-native data management and reporting platform Versana: reduce settlement times and improve liquidity management for syndicated loan market Improved speed-to-market of product features by 20% (in days) Continued application modernization through refactoring, SaaS replacement, and legacy decommissioning Enabled multi-vendor public cloud as target state infrastructure Completed ~60% of our application migrations to strategic data centers Optimized data center footprint to facilitate public cloud journey Ahead of our plan to deliver $1B business value +34% YoY growth in AI/ML use cases in production Accelerated large- language-model (LLM) enablement Matured ability to respond to new threats, including quantum safe encryption Delivered business value through cyber as a differentiator Maintained flat expense relative to volume increases Proactively defend against cyber threats Protect the Firm and our customers 1 2 3 4 1