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From the Fifth Third 2020 ESG Report: Messages From the Board of Directors

From the Fifth Third 2020 ESG Report: Messages From the Board of Directors

Published 07-06-21

Submitted by Fifth Third Bancorp

quote for Fifth Third Bancorp Board of Directors

Fifth Third’s 2020 Environmental, Social and Governance Report includes Messages from the Board of Directors along with a letter from Chairman & CEO Greg Carmichael. Read them in the report and below.

“As a Board, we recognize the value of sustainability for each stakeholder and Fifth Third’s important role in society, both today and in the future. The Board, including each of its committees, is actively engaged in overseeing our ESG programs and ensuring we continue delivering on our commitments.”

--Marsha C. Williams, lead independent director

 

“We believe that a strong corporate governance program is the foundation for a sustainable and well-governed company. We are committed to being a top quartile bank among peers in ESG practices and performances.”

--Nicholas K. Akins, chair, Nominating & Corporate Governance Committee

 

“Our focus on effective risk management allows us to provide better solutions for our customers while ensuring regulatory excellence and driving strong and steady performance through the cycle.”

--Emerson L. Brumback, chair, Risk & Compliance Committee

 

“With oversight of Fifth Third’s policies, procedures and controls that foster accountability and transparency, the Audit Committee is committed to ensuring Fifth Third remains the One Bank people most value and trust.”

--Eileen A. Mallesch, chair, Audit Committee

 

“We believe an engaged workforce is one of our most valuable assets and are focused on attracting, retaining and developing our employees while creating a diverse and inclusive culture that inspires innovation and enables people to thrive.”

--Michael B. McCallister, chair, Human Capital & Compensation Committee

 

“Our focus on generating sustainable value for all our stakeholders guides us in our strategic and financial planning processes and remains a top priority for Fifth Third.”

--Gary R. Heminger, chair, Finance Committee

 

“Our customers trust us to protect their financial and information assets. Overseeing our technology and innovation strategies allows us to meet their needs while continuing to earn their trust.”

--Jorge Benitez, chair, Technology Committee

 

Read the full Fifth Third 2020 Environmental, Social and Governance Report.

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Fifth Third Bancorp

Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of Dec. 31, 2021, Fifth Third had $211 billion in assets and operated 1,117 full-service banking centers and 2,322 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to approximately 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Deposit and Credit products are offered by Fifth Third Bank, National Association. Member FDIC.

Fifth Third’s Purpose is to improve lives and the well-being of its communities by being the One Bank people most value and trust. The Company believes in doing well by doing good and delivering long-term sustainable value to all its stakeholders. Fifth Third is focused on five environmental, social and governance priorities: keeping the customer at the center, demonstrating its commitment to employees, strengthening its communities, promoting inclusion and diversity, and addressing climate change.

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