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Investor Presentaiton

JPM's unconstrained portfolio managers leverage a broad global investment platform of 278 professionals managing USD 583 billion Unconstrained portfolio managers-Top-down asset allocation Global Bond Opportunities strategy execution is directly overseen by JPM's Global CIO, Bob Michele Bob Michele Global Chief Investment Officer Lead Portfolio Manager 39 years experience New York Roger Hallam Gummy 19xp London 14 investors Seamus Mac Gorain Cobal R 19 jos expl Endon 15 investors INVESTMENT SPECIALIST TEAM Marika Dysenchuk 10 sex. London Liam Moore TE London 7 investors lain Stealey International CIO Portfolio Manager 17 years experience London SECTOR SPECIALISTS-BOTTOM-UP SECURITY SELECTION Lisa Coleman Rob Cook High Yeld Investment Grade 20 GAD 37ws exp Rick Taoming Municipals 30yx New York New York 25 investors Drew Headley Secured 26 Pierre-Yves Bareau Local/Extem Corpor 29 AD London 33 investors 35 investors 26 investors 23 investors SUSTAINABLE INVESTING TEAM Jennifer Wu 20 yrs exp London 38 members (ESG Data & Research / S.I. Client Strategy) QUANTITATIVE RESEARCH GROUP Frederick Bourgoin 24 London 7 analysts Bhupinder Bahra 26 London Numbers indicate years of industry experience as at May 2020. Assets Under Management (AUM) as at 31 March 2020 Number of investors as at May 2020. Sustainable Investment Leadership Team as of 31 March 2020, investors indicate portfolio managers/traders and research analysts who are VP-level and above. Please note that the above chart reflects investors with dual roles. There can be no assurance that the professionals currently employed by J.P. Morgan Asset Management will continue to be employed by J.P. Morgan Asset Management or that the past performance or success of any such professional serves as an indicator of such professional's future performance or success 44

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