Company: KEY-PI
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-066284
Chunk: 20

Company: KEYCORP /NEW/
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 20
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) to help increase our impact in underserved communities. |

| • |     | Closed, through our Community Development Financial Institutions (CDFI) specialty group, nine new opportunities and one credit renewal totaling $70.5 million, with activities in Small Business Lending, Affordable Housing Development, and community economic development. Since January 2022, Key extended financing to 30 CDFIs in 15 states, totaling over $202 million of debt financing and approximately $14.8 million of equity and Equity Equivalent (EQ2) financing. |

Corporate Responsibility and Sustainability Strategy Key remains committed to addressing the topics that are most relevant to our company and our stakeholders. Working across the enterprise with lines of business and other subject matter experts, we stay apprised of relevant risks and opportunities to ensure we are meeting stakeholder expectations, delivering on our corporate responsibility commitments, aligning to our overall business strategy, and staying current with industry trends. In addition to our traditional corporate responsibility priorities: financial inclusion, inclusion and belonging, data privacy and security, and climate stewardship—we expanded upon the last priority in 2024 to work more closely with our climate risk team to embed climate risk across our company. Corporate Responsibility and Sustainability Reporting Key consistently seeks to provide transparency through our corporate responsibility and sustainability disclosures. We monitor the evolving disclosure landscape and evaluate which frameworks best address our stakeholders’ interest. Throughout 2024, we continued reporting on important corporate responsibility and sustainability topics through our annual Corporate Responsibility Report, aligned to widely accepted frameworks including the Global Reporting Initiative (“GRI”) and the Sustainability Accounting Standards Board (“SASB”). We published our fourth Task Force on Climate-Related Financial Disclosures (“TCFD”) report, which details Key’s commitment to mitigating climate-related risks, reducing our environmental footprint, and helping enable clients’ efforts to transition to a low-carboneconomy. The Reports & Disclosures page on our website provides links to numerous KeyCorp disclosures, including the most recent Corporate Responsibility and TCFD reports, GRI and SASB indices, Human Rights Statement, and a link to Key’s most recent EEO-1Consolidated Report. Director Independence The Board of Directors has determined that all members of the Board of Directors (i.e. ,Mss. Allard, Gile, Gillis, Rankin, and Snyder, and Messrs. Cutler, Dallas, Hayes, Highsmith, Hipple, Khanna, Tobin, Vasos, and Wilson), other than Mr. Gorman, are independent directors and independent for