Bank of America Corporation announced that it will redeem on May 14, 2024 all $1,500,000,000 principal amount outstanding of its 0.523% Fixed/Floating Rate Senior Notes, due June 2024 (CUSIP No. 06051GJY6) (the "Notes"), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date of May 14, 2024. Interest on the Notes will cease to accrue on the redemption date.

Payment of the redemption price for the Notes will be made through the facilities of The Depository Trust Company. The Bank of New York Mellon Trust Company, N.A. is the trustee and paying agent for the Notes.