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Standard Chartered Bank donates USD2.5 million to charities across Americas and Europe as part of its COVID-19 assistance fund

on 15 Jun 2020

NEW YORK, June 15, 2020 – Standard Chartered Bank (“Bank”) today announced further
details on how the Bank is providing both short-term relief and longer-term assistance to
communities across its Americas and European markets via the Bank’s recently launched USD50
million Covid-19 global charitable fund.

USD2.5 million has been allocated to over 45 local charities in 16 markets across the region, with
$300,000 of that set aside for employees to nominate worthy causes at the forefront of the relief
efforts to receive a share across the Americas and Europe.

A total of US$900,000 was donated to organizations in the Americas. Recipients in North America
include World Central Kitchen, New York First Responders Fund, Citymeals on Wheels, New
Jersey Pandemic Relief Fund and United Way of Bay Area and Houston. Contributions were also
made to organizations in Latin American countries where the Bank is present. While progress is
being made to process its donation in Brazil, the Bank has contributed to Fundación Sí in
Argentina and Campaign “Ayudar Nos Hace Bien” in Colombia. Today’s announcement
supplements an earlier response to urgent needs created by the COVID-19 pandemic in the
Americas.

The Bank is also pleased to have donated 42,000 masks to support front-line workers in their fight
against COVID-19 across the Americas and Europe. Amongst those who received vital protective
equipment in the Americas include hospitals in New York, New Jersey, San Francisco, Houston
and Latin America.

“COVID-19 remains a global pandemic and continued relief measures will help alleviate the
pressure and support how quickly communities can recover,” said Torry Berntsen, CEO and Head
of Corporate and Institutional Banking, Americas. “Standard Chartered is committed to supporting
the health, well-being, and prosperity of our communities. These are our values in action, and we
hope that through these actions, we are able to play a role in relief efforts and emerge a stronger
community.”

“World Central Kitchen is grateful for Standard Chartered Bank’s support and belief in our
mission,” said Erin Gore, Vice President at World Central Kitchen. “They share our vision that a
powerful solution to the ongoing health, economic and humanitarian crises is to work with
restaurants to prepare nutritious meals for food-insecure communities. Standard Chartered’s
donation will contribute to WCK’s Restaurants for the People program, which pays restaurants
directly to help keep their business afloat while also providing tens of thousands of meals to
people in need.”

Beth Shapiro, Executive Director, Citymeals on Wheels in New York, said: “We are so
appreciative of this generous and critical support, which will help make it possible for us to deliver
450,000 shelf-stable emergency meals to more than 40,000 elderly New Yorkers during the
Covid-19 pandemic and maintain our normal meal delivery services.”

In addition, the Bank has increased paid volunteering leave to four days to support employees
who are volunteering their own time to help those who need it most.
Today’s news follows the Bank’s recent announcement to commit $1 billion of financing for
companies that provide goods and services to help the fight against Covid-19, and those planning
the switch into making products that are in high demand to fight the global pandemic.

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About Standard Chartered

We are a leading international banking group, with a presence in 60 of the world’s most dynamic markets, and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Our history in the US dates back to 1902, and we are currently present in eight locations throughout the
Americas. Our Americas franchise focuses on financial institutions and select corporates, and plays a key
role in facilitating trade and investment flows between the Americas and Asia, Africa, and the Middle East.

Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

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