Charter of the Public Responsibility Committee



Mission

The Public Responsibility Committee reviews and considers the firm's position and practices on charitable contributions, community development, legislation, protection of the environment, shareholder proposals involving issues of public interest and public responsibility and other similar issues as to which JP Morgan Chase relates to the community at large, and provides guidance to management and the Board as appropriate.

Authorities and responsibilities

In furtherance of its mission, the committee shall, to the extent not considered by other committees:
  • Review strategy and budget with respect to charitable contributions and projects undertaken to improve the communities served by the firm.
  • Review the community reinvestment activities of the firm, including the firm's progress under community development programs.
  • Reviews mortgage lending activities of the firm in light of the firm's obligations under the Home Mortgage Disclosure Act.
  • Review legislative developments of significance to the firm.
  • Reviews the environmentally-related policies and activities of the firm.
  • Review shareholder proposals involving issues of public interest and public responsibility.

The Public Responsibility Committee shall review, at least annually, the committee's charter and recommend any proposed changes to the Board for approval. The Public Responsibility Committee shall prepare, and report to the Board the results of, an annual performance evaluation of the committee, which shall compare the performance of the committee with the requirements of this charter.


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