Bank of America Corporation announced that it will redeem on January 20, 2022 all $1,500,000,000 principal amount outstanding of its 3.124% Fixed/Floating Rate Senior Notes, due January 2023 (CUSIP No. 06051GGE3) (the Fixed/Floating Rate Notes), and all $750,000,000 principal amount outstanding of its Floating Rate Senior Notes, due January 2023 (CUSIP No. 06051GGH6) (the Floating Rate Notes and, together with the Fixed/Floating Rate Notes, the Senior Notes).

The redemption price for each series of the Senior Notes will be equal to 100% of the principal amount of such series, plus accrued and unpaid interest to, but excluding, the redemption date of January 20, 2022. Interest on each series of the Senior Notes will cease to accrue on the redemption date. Payment of the redemption price for the Senior 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 Senior Notes.