On September 7, 2022, Lon Greenberg submitted notice of his resignation from the Board of Directors of Ameriprise Financial, Inc. effective as of September 14, 2022. Mr. Greenberg informed the Board that he is resigning to focus on personal commitments and that his resignation is not the result of any disagreement with the Company. On September 9, 2022, upon the recommendation of its Nominating and Governance Committee, the Board of the Company appointed Armando Pimentel, Jr. as a director of the Company to be effective September 15, 2022.

Mr. Pimentel has also been appointed as a member of the Company's Audit and Risk Committee. Mr. Pimentel, 60, previously served from October 2011 to March 2019 as president and chief executive officer of NextEra Energy Resources, a subsidiary of NextEra Energy, Inc., a leading provider of sustainable energy generation. He also served as executive vice president, finance and chief financial officer of NextEra Energy, Inc. from May 2008 to October 2011 and was a member of the board of NextEra Energy Partners, L.P. from June 2014 to March 2019 (while also serving as president of NextEra Energy Partners in that time).

Prior to joining NextEra Energy, Mr. Pimentel was a partner at Deloitte & Touche and an accounting fellow with the Office of the Chief Accountant of the U.S. Securities and Exchange Commission. Mr. Pimentel earned a BS degree in accounting from Florida State University.