Analyzes Bussines Context

While each of our individual companies serves its own corporate purpose, we share a fundamental
commitment to all of our stakeholders. We commit to:

• Delivering value to our customers. We will further the tradition of American companies leading
the way in meeting or exceeding customer expectations.

• Investing in our employees. This starts with compensating them fairly and providing important
benefits. It also includes supporting them through training and education that help develop new
skills for a rapidly changing world. We foster diversity and inclusion, dignity and respect. • Dealing
fairly and ethically with our suppliers. We are dedicated to serving as good partners to the other
companies, large and small, that help us meet our missions.

• Supporting the communities in which we work. We respect the people in our communities and
protect the environment by embracing sustainable practices across our businesses.

• Generating long-term value for shareholders, who provide the capital that allows companies to
invest, grow and innovate. We are committed to transparency and effective engagement with
shareholders.

1. Businesses must earn the trust of their customers and communities by acting ethically and morally

2. Being a responsible community citizen locally is critical, and it is easy to understand why.

3. Being a responsible community citizen nationally, or globally, is more critical and more complex.

Define Risk appetite

The Firm’s overall appetite for risk is governed by a “Risk Appetite” framework. The framework and
the Firm’s risk appetite are set and approved by the Firm’s CEO, Chief Financial Officer (“CFO”) and
CRO. Quantitative parameters and qualitative factors are used to monitor and measure the Firm’s
capacity to take risk consistent with its stated risk appetite. Qualitative factors have been
established to assess select operational risks, and impact to the Firm’s reputation. Risk Appetite
results are reported to the Board Risk Committee.
Selera Perusahaan secara keseluruhan terhadap risiko diatur oleh kerangka kerja “Risiko Appetite”. Kerangka
kerja dan selera risiko Perusahaan ditetapkan dan disetujui oleh CEO Perusahaan, Chief Financial Officer
(“CFO”) dan CRO. Parameter kuantitatif dan faktor kualitatif digunakan untuk memantau dan mengukur
kapasitas Perusahaan untuk mengambil risiko yang konsisten dengan selera risiko yang ditetapkan. Faktor
kualitatif telah ditetapkan untuk menilai risiko operasional tertentu, dan dampaknya terhadap reputasi
Perusahaan. Hasil Risk Appetite dilaporkan kepada Board Risk Committee.

Breaches in risk appetite and parameters, issues that may have a material adverse impact on the
Firm, including capital and liquidity issues, and other significant risk-related matters are escalated to
the Board Risk Committee, as appropriate.

Pelanggaran dalam selera dan parameter risiko, masalah yang mungkin memiliki dampak material
yang merugikan pada Perusahaan, termasuk masalah permodalan dan likuiditas, dan hal-hal terkait
risiko yang signifikan lainnya akan dieskalasi ke Komite Risiko Dewan, sebagaimana mestinya.
JPMC Risk Appetite is a high level statement of the firm’s appetite for risk. The Risk Appetite
framework integrates risk controls, earnings, capital management, liquidity management and return
targets to set the firm’s risk appetite in the context of its objectives for key stakeholders, including
but not limited to shareholders, depositors, regulators and clients. The Firm’s Risk Appetite
framework is reviewed on an ongoing basis, and is reviewed with the FRC and DRPC at least
annually. Key figures and ratios regarding the interaction between the risk profile and the risk
tolerance are deemed to be proprietary information as it relates to competitively significant
operational conditions and business circumstances, as defined within EBA guidelines
EBA/GL/2014/14.

JPMC Risk Appetite adalah pernyataan tingkat tinggi dari selera perusahaan terhadap risiko.
Kerangka Risk Appetite mengintegrasikan pengendalian risiko, pendapatan, manajemen modal,
manajemen likuiditas dan target pengembalian untuk menetapkan selera risiko perusahaan dalam
konteks tujuannya untuk pemangku kepentingan utama, termasuk namun tidak terbatas pada
pemegang saham, deposan, regulator dan klien. Kerangka Risk Appetite Perusahaan ditinjau secara
berkelanjutan, dan ditinjau dengan FRC dan DRPC setidaknya setiap tahun. Angka dan rasio utama
mengenai interaksi antara profil risiko dan toleransi risiko dianggap sebagai informasi eksklusif yang
terkait dengan kondisi operasional dan situasi bisnis yang signifikan secara kompetitif, sebagaimana
didefinisikan dalam pedoman EBA EBA/GL/2014/14