J.P. Morgan Chase Bank

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certification within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards. [...] Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards. [...] Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards. [...] Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] Soft Commodities i. Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Soft Commodities i. Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Soft Commodities i. Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Soft Commodities i. Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specific due diligence questions including a determination of whether a client holds specific sector certifications, direct client engagement, site visits and risk mitigation plans [...] Palm oil: We require an Enhanced Review for transactions that involve palm oil production. The Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria for Sustainable Palm Oil Production is the framework for our assessments, although we are cognizant that other standards are under development. As outlined in the RSPO Principles and Criteria #5, environmental impact assessments include consideration of impacts on soil and water resources, air quality, greenhouse gases, biodiversity and ecosystems and local communities. Stakeholder consultation has a key role in identifying environmental impacts, and our Enhanced Review will assess the client’s level of attention to these issues."

"Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specific due diligence questions including a determination of whether a client holds specific sector certifications, direct client engagement, site visits and risk mitigation plans [...] Palm oil: We require an Enhanced Review for transactions that involve palm oil production. The Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria for Sustainable Palm Oil Production is the framework for our assessments, although we are cognizant that other standards are under development. As outlined in the RSPO Principles and Criteria #5, environmental impact assessments include consideration of impacts on soil and water resources, air quality, greenhouse gases, biodiversity and ecosystems and local communities. Stakeholder consultation has a key role in identifying environmental impacts, and our Enhanced Review will assess the client’s level of attention to these issues."

"Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specific due diligence questions including a determination of whether a client holds specific sector certifications, direct client engagement, site visits and risk mitigation plans [...] Palm oil: We require an Enhanced Review for transactions that involve palm oil production. The Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria for Sustainable Palm Oil Production is the framework for our assessments, although we are cognizant that other standards are under development. As outlined in the RSPO Principles and Criteria #5, environmental impact assessments include consideration of impacts on soil and water resources, air quality, greenhouse gases, biodiversity and ecosystems and local communities. Stakeholder consultation has a key role in identifying environmental impacts, and our Enhanced Review will assess the client’s level of attention to these issues."

"Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specific due diligence questions including a determination of whether a client holds specific sector certifications, direct client engagement, site visits and risk mitigation plans [...] Palm oil: We require an Enhanced Review for transactions that involve palm oil production. The Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria for Sustainable Palm Oil Production is the framework for our assessments, although we are cognizant that other standards are under development. As outlined in the RSPO Principles and Criteria #5, environmental impact assessments include consideration of impacts on soil and water resources, air quality, greenhouse gases, biodiversity and ecosystems and local communities. Stakeholder consultation has a key role in identifying environmental impacts, and our Enhanced Review will assess the client’s level of attention to these issues."

"Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specific due diligence questions including a determination of whether a client holds specific sector certifications, direct client engagement, site visits and risk mitigation plans [...] Palm oil: We require an Enhanced Review for transactions that involve palm oil production. The Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria for Sustainable Palm Oil Production is the framework for our assessments, although we are cognizant that other standards are under development. As outlined in the RSPO Principles and Criteria #5, environmental impact assessments include consideration of impacts on soil and water resources, air quality, greenhouse gases, biodiversity and ecosystems and local communities. Stakeholder consultation has a key role in identifying environmental impacts, and our Enhanced Review will assess the client’s level of attention to these issues."

"Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

" The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards. [..] Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"Palm oil i. Growers / producers (plantations and mills): We require Roundtable on Sustainable Palm Oil (RSPO) membership and the adoption of a No Deforestation, No Peat and No Exploitation (NDPE) Policy. We require RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. There will be additional due diligence on controversies, active RSPO complaints, and other sensitive issues. ii. Refneries: We require RSPO membership and the adoption of a NDPE Policy, along with RSPO certifcation or a time bound plan to achieve certifcation within a reasonable timeframe. We also require a chain of custody certifcation. iii. Traders: We expect RSPO membership, along with a sustainable sourcing policy that includes a target to achieve 100% RSPO certifed sourcing, and a RSPO chain of custody certifcation."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent.

"J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Roundtable on Responsible Soy (RTRS)" [...] "soy i. Growers / producers (non US): We require Roundtable on Responsible Soy (RTRS) certifcation, along with additional due diligence on any known controversies. ii. Processors / traders (purchasing non US soy): We expect sustainable sourcing policies in place and a RTRS chain of custody certifcation."

"We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process."[...]"J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Roundtable on Responsible Soy (RTRS)"

"J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Roundtable on Responsible Soy (RTRS)"

"J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Roundtable on Responsible Soy (RTRS)"

"J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Roundtable on Responsible Soy (RTRS)"

"Soy i. Growers / producers (non US): We require Roundtable on Responsible Soy (RTRS) certifcation, along with additional due diligence on any known controversies. ii. Processors / traders (purchasing non US soy): We expect sustainable sourcing policies in place and a RTRS chain of custody certifcation."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards."

"Soy i. Growers / producers (non US): We require Roundtable on Responsible Soy (RTRS) certifcation, along with additional due diligence on any known controversies. ii. Processors / traders (purchasing non US soy): We expect sustainable sourcing policies in place and a RTRS chain of custody certifcation."

"Soy i. Growers / producers (non US): We require Roundtable on Responsible Soy (RTRS) certifcation, along with additional due diligence on any known controversies. ii. Processors / traders (purchasing non US soy): We expect sustainable sourcing policies in place and a RTRS chain of custody certifcation."

"Soy i. Growers / producers (non US): We require Roundtable on Responsible Soy (RTRS) certifcation, along with additional due diligence on any known controversies. ii. Processors / traders (purchasing non US soy): We expect sustainable sourcing policies in place and a RTRS chain of custody certification."

"J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"Definition of ‘customers’We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"Definition of ‘customers’We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"Definition of ‘customers’We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"Definition of ‘customers’We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Forest Stewardship Council (FSC)"

"We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Forest Stewardship Council (FSC)"

"We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Forest Stewardship Council (FSC)"

"We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Forest Stewardship Council (FSC)"

"We define ‘customers’ as clients of J.P. Morgan’s Corporate and Investment Bank (CIB) that we have an active banking relationship with and/or that have gone through the Firm’s client onboarding process. [...] J.P. Morgan is an adopting bank of the Soft Commodities Compact (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy. [...] Minimum requirements for customersJ.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity [...] Forest Stewardship Council (FSC)"

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Timber i. Growers / producers: We require certifcation by Forest Stewardship Council (FSC), Sustainable Forestry Initiative (SFI), or Program for the Endorsement of Forest Certifcation (PEFC), along with additional due diligence on any known E&S related controversies. ii. Pulp and paper: We expect adoption of a sustainable sourcing policy and chain of custody certifcation."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Timber i. Growers / producers: We require certifcation by Forest Stewardship Council (FSC), Sustainable Forestry Initiative (SFI), or Program for the Endorsement of Forest Certifcation (PEFC), along with additional due diligence on any known E&S related controversies. ii. Pulp and paper: We expect adoption of a sustainable sourcing policy and chain of custody certifcation."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Timber i. Growers / producers: We require certifcation by Forest Stewardship Council (FSC), Sustainable Forestry Initiative (SFI), or Program for the Endorsement of Forest Certifcation (PEFC), along with additional due diligence on any known E&S related controversies. ii. Pulp and paper: We expect adoption of a sustainable sourcing policy and chain of custody certifcation."

"In accordance with our internal standards, certain sectors and activities require a tailored approach to ensure a comprehensive understanding of the transaction and associated risks. Where a client is involved in a sensitive sector, activity or location, in accordance with JPMorgan Chase policies and standards, or where we identify additional issues during a standard E&S Review, an Enhanced Review will be required. This process may entail sector/issue specifc due diligence questions including a determination of whether a client holds specifc sector certifcations, direct client engagement, site visits and risk mitigation plans. An Enhanced Review may result in placing some conditions on certain future activities or transactions. Below we describe examples of sectors and activities subject to Enhanced Review. [...] . Timber i. Growers / producers: We require certifcation by Forest Stewardship Council (FSC), Sustainable Forestry Initiative (SFI), or Program for the Endorsement of Forest Certifcation (PEFC), along with additional due diligence on any known E&S related controversies. ii. Pulp and paper: We expect adoption of a sustainable sourcing policy and chain of custody certifcation."

"J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"J.P. Morgan’s Framework reflects the broad intent of the Soft Commodities Compact and requires enhanced due diligence for certain types of transactions, including those that involve palm oil, soy and timber products. The Framework requires that clients demonstrate a commitment to the responsible practice framework that pertains to the relevant soft commodity (e.g. Forest Stewardship Council (FSC), Roundtable on Sustainable Palm Oil (RSPO), Roundtable on Responsible Soy (RTRS), etc.). [...] Commitment is defined, for example, as active membership of or adherence to the relevant framework or organization, a credible, time-bound plan for certification to the relevant standard and/or evidence (e.g., via public reporting) of progress toward certification." "J.P. Morgan is an adopting bank of the Soft Commodities Compact1 (‘the Compact’), a voluntary initiative led by The Consumer Goods Forum and The Banking Environment Initiative.2 The Compact promotes sustainable soft commodity supply chains in the banking industry by committing banks to helping achieve zero net deforestation by 2020 in their financing of sectors such as palm oil, timber products and soy."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"The E&S Risk Policy applies to certain transactions in the Corporate and Investment Bank, Commercial Banking, Consumer and Community Banking and Asset and Wealth Management (together the Lines of Business or LOBs) in sectors and countries that we view as having the greatest potential for signifcant E&S impacts, in accordance with JPMorgan Chase policies and standards."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."

"For transactions where we can identify that the use of proceeds may have the potential to impact Indigenous Peoples, we expect our clients to demonstrate alignment with the objectives and requirements of IFC Performance Standard 7 on Indigenous Peoples, including with respect to circumstances requiring Free, Prior and Informed Consent. These objectives include: • Working to maintain the full respect for the human rights, dignity, aspirations, culture and natural resource-based livelihoods of Indigenous Peoples throughout the development process; • Anticipating and avoiding adverse impacts of projects on communities of Indigenous Peoples, or when avoidance is not possible, to minimize and/or compensate for such impacts; • Promoting sustainable development benefts and opportunities for Indigenous Peoples in a culturally appropriate manner; • Establishing and maintaining an ongoing relationship based on informed consultation and participation with the Indigenous Peoples afected by a project throughout the project’s life- cycle; • Securing the Free, Prior and Informed Consent of the Afected Communities of Indigenous Peoples when the circumstances described in Performance Standard 7 are present; and • Respecting and preserving the culture, knowledge and practices of Indigenous Peoples."