$BAC · Bank of America Corporation

BofA Finance LLC, fully and unconditionally guaranteed by Bank of America Corporation, filed a term sheet for market linked securities due November 14, 2031, linked to the iShares MSCI Brazil ETF. The securities are expected to be priced on November 10, 2026, and issued on November 16, 2026. They do not bear interest and are not bank deposits or FDIC insured.

The securities are auto-callable. If the ETF’s closing price on the November 16, 2027 call date is at or above its starting price, the securities will be automatically called and investors will receive the principal amount plus a call premium of at least 20%. If not called, the maturity payment depends on the ETF’s ending price on November 10, 2031. If the ending price is at or above the starting price, investors receive the principal plus 175% of the underlying return. If the ending price is below the starting price but at least 75% of it, investors receive only the principal. If the ending price is below 75% of the starting price, investors lose more than 25% of principal and could lose the entire amount.

The initial estimated value of the securities is expected to be between $910.00 and $960.00 per $1,000 security, which is less than the public offering price. Payments are subject to the credit risk of BofA Finance and Bank of America Corporation.