Bank of America Recognized Among Best Employers for Veterans

Key points

• Bank of America has been named one of Forbes "Best Employers for Veterans" for the eighth consecutive year.
• Bank of America has also earned the Best For Veterans: Employers designation by Military Times, for the twelfth12^th time.
• Bank of America has committed to hiring an additional 10,000 veterans over five years.

CHARLOTTE, North CarolinaN.C. - Bank of America has again been recognized as a leading workplace for veterans and military connectedmilitary-connected employees, earning a place on Forbes' Best Employers for Veterans list for the eighth consecutive year. The company was also named to Military Times' 2026 Best for Vets: Employers list, marking its 12th appearance.

The recognition reflects the company's longstanding commitment to hiring veterans and individuals with military backgrounds. Bank of America has hired more than 20,000 veterans and individuals with military backgrounds since 2015. The company recently announced that it would hire an additional 10,000 individuals with military backgrounds over five years.

"Service members bring leadership, discipline, and a team firstteam-first mindset that makes our company stronger," said Jenny Kim Park, Chief Opportunity & Inclusion Officer and Head of Early Careers at Bank of America. "We want to give them a path toward building a rewarding career and keep making an impact."

Bank of America also supports veterans and employees with military backgrounds through:

• Mentorship and community programs: The Veteran Onboarding Initiative pairs newly hired veterans with a tenured teammate within the first 90 days. More than 22,000 employees across 43 chapters also belong to the bank's Military Support & Assistance Group, which offers mentoring, networking and volunteer opportunities.
• Investing in long termlong-term careers: The Bank of America Academy, the company's in housein-house training and skills organization, helps teammates build new capabilities and reach their full potential. Along with world classworld-class benefits and a Great Place to Work culture, the programs support employees, their families and the communities where they live and work.
• Philanthropic support: In November 2025, Bank of America announced a three hundred fifty thousand dollar$350,000 grant to American Corporate Partners to support 250 mentorships for veterans and military spouses in honor of America's two hundred fiftieth250^th birthday. To commemorate this year's twenty fifth25^th anniversary of the September 11 attacks, the company also committed two hundred fifty thousand dollars$250,000 to support Tunnel to Towers Foundation's new Veteran Villages, which provide housing and related services to veterans.

Bank of America

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle marketmiddle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving more than 69 million clients with approximately 3,500 retail financial centers, approximately 15,000 A T MsATMs (automated teller machines) and award winningaward-winning digital banking with approximately 60 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (F D I CFDIC), Bank of America offers industry leadingindustry-leading support to approximately 4 million small business households through a suite of innovative, easy to useeasy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries and orand/or jurisdictions. Bank of America Corporation stock (N Y S E B A CNYSE: BAC) is listed on the New York Stock Exchange.

Reporters may contact

AnnMarie McDonald, Bank of America
Phone: one three three two two three four eight six three five1.332.234.8635
[email protected]