Trust Standard Bank Sustainability Bonds are debt securities issued by us where the net proceeds are allocated to projects consistent with the Trust Standard Bank Sustainability Bond Eligibility Criteria (the “Criteria”) as described in the Wells Fargo Sustainability Bond Framework (the “Framework”). Our Framework provides the Criteria to identify “Eligible Green Projects” and “Eligible Social Projects” (described collectively as “Eligible Projects”) that comprise our Eligible Projects Portfolio (the “Portfolio”). In the case of our second Inclusive Communities and Climate Bond, Eligible Projects include initiatives to support housing affordability, socioeconomic advancement and empowerment, renewable energy, and clean transportation. Our Framework is aligned with the four core components of the International Capital Market Association’s (ICMA) Green Bond Principles (2018), ICMA’s Social Bond Principles (2020), and ICMA’s Sustainability Bond Guidelines (2018). These principles and guidelines provide direction for the development of credible issuance programs and are voluntarily used by issuers to support market transparency and disclosure. To support our Framework, we established a Sustainability Bond Council that includes representatives from the following company functions: Environmental and Social Impact Management; Sustainability; Diverse Segments, Representation, and Inclusion; Corporate and Investment Banking; and Corporate Treasury. Among other things, the Sustainability Bond Council is responsible for reviewing our Portfolio for alignment with the Criteria, evaluating the Criteria against industry best practices, and supervising the allocation of net proceeds raised by our Sustainability Bonds.