Ameriprise Financial : 2024 Sustainability Accounting Standards Board (SASB) disclosure

Topic

Accounting Metric

Category

Code

Ameriprise Financial Disclosure

(1) Number and (2) percentage of covered

Material legal disclosures are discussed in Part II, Item 8, Note 26 to the

Consolidated Financial Statements of the 2023 Form10-K.For other legal matters,

employees with a record of investment-

FN-AC-

we do not currently disclose this level of information. Our financial advisors

related investigations, consumer-initiated

Quantitative

270a.1

operate under very high standards of care, including applicable standards from the

complaints, private civil litigations, or other

SEC, FINRA, DOL and state regulators, and we will continue to adapt to evolving

regulatory proceedings

Transparent Information

regulatory landscapes.

& Fair Advice for

Total amount of monetary losses as a result

Customers

of legal proceedings associated with

FN-AC-

Material legal disclosures are discussed in Part II, Item 8, Note 26 to the

marketing and communication of financial

Quantitative

Consolidated Financial Statements of the 2023 Form10-K.For other legal matters,

270a.2

product-related information to new and

we do not currently disclose this level of information.

returning customers

Description of approach to informing

Discussion

FN-AC-

We provide extensive information about our approach to informing customers

customers about products and services

and Analysis

270a.3

about products and services on page 10 of the 2024 Responsible Business Report.

Percentage of gender and racial/ethnic group

Employee Diversity &

representation for (1) executive

FN-AC-

Ameriprise Financial workforce demographics and policies and programs for

management, (2) non-executive

Quantitative

fostering equitable employee representation across our operations are on pages

Inclusion

330a.1

management, (3) professionals, and (4) all

13-17of our2024 Responsible Business Report.

other employees.

TOTAL Responsible Investment AUM (doesn't include third-party managed ESG

Amount of assets under management, by

AUM from Advice & Wealth Management segment):

asset class, that employ (1) integration of

$66.2 billion

environmental, social, and governance

Quantitative

FN-AC-410a.1

(ESG) issues, (2) sustainability themed

(1)

$43.4 billion

Incorporation of

investing, and (3) screening

(2)

$1.9 billion

Environmental, Social,

(3)

$20.9 billion

and Governance

Ameriprise Financial, and its subsidiary Columbia Threadneedle Investments, strive

Factors in Investment

Description of approach to incorporation

to be responsible stewards of our clients' assets within a framework of good

Management &

of environmental, social, and governance

Discussion

FN-AC-410a.2

governance and transparency. More info is available about Columbia

Advisory

(ESG) factors in investment and/or wealth

and Analysis

Threadneedle's Responsible Investor capabilities on pages 19-20, and our approach

management processes and strategies

within Advice & Wealth Management on page 20, of the 2024 Responsible

Business Report.

Description of proxy voting and investee

Discussion

Stewardship and proxy voting policies and procedures of our asset management

FN-AC-410a.3

business, Columbia Threadneedle Investments, can be found on Columbia

engagement policies and procedures

and Analysis

Threadneedle's Responsible Investor web page.

Total amount of monetary losses as a

result of legal proceedings associated with

fraud, insider trading, anti-trust, anti-

Material legal disclosures are discussed in Part II, Item 8, Note 26 to the

competitive

Quantitative

FN-AC-510a.1

Consolidated Financial Statements of the 2023 Form10-K.For other legal matters,

Business Ethics

behavior, market manipulation,

we do not currently disclose this level of information.

malpractice, or other related financial

industry laws or regulations

Description of whistleblower policies and

Discussion

FN-AC-510a.2

Whistleblower policies and procedures are included on pages 6 and 2 of the

procedures

and Analysis

Ameriprise Financial Global Code of Conduct.

(1) Total registered and (2) total

unregistered assets under management

Quantitative

FN-AC-000.A

Total AUM = $1.081 trillion

Activity Metrics

(AUM)

Total assets under custody and

Total assets under management and administration = $1.4 trillion.

Quantitative

FN-AC-000.B

Ameriprise is reporting total assets under management and administration, rather

supervision

than total assets under custody and supervision, because this is a more relevant

3 | P a g e

activity metric for Ameriprise as it applies to our asset management and advice and

wealth management businesses.

Insurance

(Retirement and Protection Solutions represented 18% of Ameriprise 2023 adjusted operating earnings)2

Topic

Accounting Metric

Category

Code

Ameriprise Financial Disclosure

Total amount of monetary losses as a

result of legal proceedings associated with

FN-IN-

Material legal disclosures are discussed in Part II, Item 8, Note 26 to the Consolidated

marketing and communication of

Quantitative

Financial Statements of the 2023 Form10-K.For other legal matters, we do not currently

270a.1

insurance product-related information to

disclose this level of information.

new and returning customers

Complaints-to-claims ratio

Quantitative

FN-IN-

Information on this metric can be found by reviewing the NAIC Closed Complaint ratio

270a.2

for our insurance subsidiary, RiverSource Life.

We don't currently disclose the customer retention rate for our insurance subsidiary,

Customer retention rate

Quantitative

FN-IN-

RiverSource Life. However, our Retirement and Protection Solutions products are only

270a.3

sold through Ameriprise Financial Advisors, where clients rate Ameriprise 4.9 out of 5

Transparent

stars in overall satisfaction.

RiverSource Life policyholders can elect to receive information about their products and

Information & Fair

services either electronically or by mail. However, some documents must be delivered

Advice for Customers

as hard copies, based on current regulations. Examples of communications that

RiverSource Life provides to inform policyholders about products and services include:

• Client statements/client contract and policy data available on Secure Site

Description of approach to informing

Discussion

FN-IN-

• Client service communications (examples: notifications, confirmations, premium

notices)

customers about products and services

and Analysis

270a.4

• Prospectuses and product disclosures

• Illustrations (required for some Life Insurance)

• Sales literature (digital & hardcopy)

• Calculators and approved output

• Performance information for variable and index product solutions available

online at www.riversource.com

2 Results exclude unlocking and Corporate and Other segment

4 | P a g e

• Delivery of contract or policy

• Replacement notices (if applicable)

• Claims notification (to beneficiaries)

Total invested assets, by industry and

FN-IN-

Information about RiverSource Life's invested assets can be found in its 2023 Form10-K

Incorporation of

Quantitative

starting on page 56. Additional information can be found in RiverSource Life's Annual

asset class

410a.1

Environmental, Social,

Statement.

and Governance

Description of approach to incorporation

Columbia Threadneedle manages the asset portfolio of RiverSource Life. Information

Factors in Investment

of environmental, social, and governance

Discussion

FN-IN-

about Columbia Threadneedle's approach to incorporation of ESG factors in investment

Management

(ESG) factors in investment management

and Analysis

410a.2

management processes and strategies is available on pages 19-21 of the 2024

processes and strategies

Responsible Business Report.

Net premiums written related to energy

Quantitative

FN-IN-

As a life insurer this topic is not relevant to our business.

efficiency and low carbon technology

410b.1

The pricing structure of RiverSource individual life products rewards healthy behavior.

Lifestyle and biometrics are criteria for risk classification in underwriting, and premiums

Policies Designed to

Discussion of products and/or product

are based on the mortality risk each insured represents. Additionally, RiverSource Life

Incentivize Responsible

offers:

features that incentivize health, safety,

Discussion

FN-IN-

• Socially responsible subaccount options available within variable annuity and

Behavior

and/or environmentally responsible

and Analysis

410b.2

variable universal life policies

actions and/or behaviors

• ESG index account options within Structured Solutions (where available)

• Optional eDelivery of prospectus

• eSignature for applications where available

Probable Maximum Loss (PML) of insured

FN-IN-

products from weather-related natural

Quantitative

As a life insurer this topic is not relevant to our business.

450a.1

catastrophes

Environmental Risk

Total amount of monetary losses

attributable to insurance payouts from (1)

Exposure

modeled natural catastrophes and (2)

FN-IN-

Quantitative

As a life insurer this topic is not relevant to our business.

non-modeled natural catastrophes, by

450a.2

type of event and geographic segment

(net and gross of reinsurance)

5 | P a g e

Description of approach to incorporation

of environmental risks into (1) the

Discussion

FN-IN-

underwriting process for individual

As a life insurer this topic is not relevant to our business.

and Analysis

450a.3

contracts and (2) the management of firm-

level risks and capital adequacy

Exposure to derivative instruments by

category: (1) total potential exposure to

non-centrally cleared derivatives, (2) total

FN-IN-

Information on use of derivatives can be found in our 2023 Form10-Kand in

fair value of acceptable collateral posted

Quantitative

550a.1

RiverSource Life's Annual Statement.

with Central Clearinghouse, and (3) total

Systemic Risk

potential exposure to centrally cleared

derivatives

Management

Total fair value of securities lending

Quantitative

FN-IN-

RiverSource does not engage in securities lending.

collateral assets

550a.2

Description of approach to managing

capital- and liquidity-related risks

Discussion

FN-IN-

Risk factors and risk management are discussed in Item 1A. of our 2023 Form10-Kand

associated with systemic non-insurance

and Analysis

550a.3

on pages 18 and 22-23of the2024 Responsible Business Report.

activities

Number of policies in force, by segment:

FN-IN-

Number of policies in force as of December 31, 2023: (1) Ameriprise does not issue

Activity Metrics

(1) property and casualty, (2) life, (3)

Quantitative

000.A

property and casualty policies (2) Life: 447,265 (3) Assumed reinsurance: 6,184

assumed reinsurance