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          1. Cross-Border Business Arrangement

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          Cross-Border Business Arrangements between JPMorgan Asset Management (Singapore) Limited and its Foreign Related Corporations

          JPMorgan Asset Management (Singapore) Limited (“JPMAMSL”) is a holder of a capital markets services licence under the Securities and Futures Act 2001.

          As part of the JPMorgan group of companies, JPMAMSL and its foreign related corporations (“FRCs”) endeavour to make available a suite of solutions that match your specific investment styles and preferences. The global nature of the services we provide means that our FRCs could engage with you through various cross-border business arrangements with JPMAMSL.

          The following entities are JPMAMSL’s FRCs operating under a licensing exemption pursuant to the Securities and Futures (Exemption for Cross-Border Arrangements) (Foreign Related Corporations) Regulations 2021.

          ·         JPMorgan Asset Management (Europe) S.à.r.l.

          ·         J.P. Morgan Investment Management Inc.

          If you are being offered products and services by any of the FRCs under these cross-border business arrangements, do note that certain JPMorgan representatives of the FRCs may not be licensed by nor are they under the regulation of the Monetary Authority of Singapore.

          Should you have any questions on these cross-border business arrangements, or if issues have arisen in relation to these dealings, please reach out to your respective JPMAMSL sales representative(s). Alternatively, please contact us at:

          Phone: (65) 6882 1328

          Email: singapore.investor.services@jpmorgan.com

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