Future-Proofing the Global Talent Pool for Enterprise Growth

Morgan nor any of its directors, officers, workers or representatives will incur any responsibility or liability whatsoever to the Client or any other party in respect of the contents of this presentation or any matters referred to in, or gone over as an outcome of, this presentation. This product is not intended to offer, and should not be depended on for, accounting, legal, regulatory, tax or financial investment recommendations or treatments.

ANSR July UK PRs

The Customer needs to take a look at the particular limitations and limitations of the laws that might apply to them and their specific circumstance. Any activity performed by the representative offices, subsidiaries and/or affiliates of JPMorgan Chase Bank, N.A. and/or its affiliates, pursuant to the services and products used abroad described in this presentation, if any, are administrative assistance and/or cooperation for JPMorgan Chase Bank, N.A., and no such services and products are used or provided by such representative workplaces, subsidiaries and/or affiliates, as applicable.

ANSR July UK PRs

State, as the case may be.

A transformational shift is improving the financial investment banking landscape, as banks stabilize a wide range of elements including bubbling offer volume, complex macroeconomic headwinds, and progressing AI advancements. While recent geopolitical events, blended financial signals, and AI-led interruption are top-of-mind, specialists think the outlook still stays positive for expansive deal activity for the year.

ANSR July UK PRs

Increasingly, banks are moving from speculative AI to robust integration, embedding agentic use cases throughout fundamental procedures to drive efficiency, according to research sourced from AlphaSense.Some professionals believe AI is automating manual tasks traditionally performed by junior partners and interns( such as pitch book prep and information entry )and condensing the time needed for these functions. Goldman Sachs revealed a partnership with Anthropic to develop' digital colleagues' using Claude to automate trade accounting and client onboarding. TD Securities is investing in AI infrastructure to improve its core organization procedures and run the risk of frameworks to enhance regulatory responsiveness and automation. Significant investment banks expect record or near-record M&A pipelines for the year, with some management groups anticipating a"top decile"year for volumes. Big and mega-deals(between$5 -$10 billion) are leading offer momentum with a general varied pipeline. While tech stays a major chauffeur of exit value, some investors are keeping an eye on possible headwinds in software due to assessment'wear and tear.'As an outcome, pipelines in tech-exempt software application and other sectors stay strong. IPO momentum is anticipated to continue sustaining capital markets activity, with Q1 2026 volumes around double those of the previous year. Unpredictable geopolitical occasions and ongoing macroeconomic headwinds stand to ward off IB activity for the year,

Primary Growth Drivers for British Firms in 2026

in particular due to occasions in the Middle East and combined signals on rates of interest, inflation, and labor data.According to broker research study, if oil rates remain above$100 per barrel for an extended duration, development dangers for the broader economy and investment banking volumes will likely increase. One analyst thinks a war in Iran might derail present profits momentum, potentially weighing on loan need even if volatility at first triggers trading activity. A Generative Search prompt on geopolitical volatility and macroeconomic headwinds in AlphaSense produces a summary of prevailing signs According to market professionals, the existing U.S. administration's pro-business position and appointees with deep finance experience are expected to more fuel capital markets activity through less restrictive regulation. A shifting regulatory landscape is opening capital efficiency through Basel III Endgame and G-SIB reforms that will reduce capital requirements for the biggest U.S. Analysts keep in mind that by advising GPs on extension funds, banks get unique knowledge of portfolio business likely to be offered in the future, offering a" proprietary pipeline "of M&A targets. Involvement in secondaries. This discussion was prepared solely for the internal use of the J.P. Morgan client or prospect ("Client") to whom it is addressed in order to help the Customer in assessing, on an initial basis, certain products or services that might be supplied by J.P. Morgan. In preparing this presentation, J.P. Morgan has relied upon and presumed, without independent verification, the precision and efficiency of all information readily available from public sources.