Building Resilient Supply Networks for 2026 Mid-Market Firms

Morgan nor any of its directors, officers, employees or representatives will incur any obligation or liability whatsoever to the Customer or any other celebration in regard of the contents of this presentation or any matters referred to in, or gone over as an outcome of, this discussion. This material is not meant to supply, and must not be depended on for, accounting, legal, regulatory, tax or financial investment suggestions or treatments.

ANSR July UK PRs

The Customer must examine the particular constraints and constraints of the laws that may apply to them and their particular situation. Any activity carried out by the representative offices, subsidiaries and/or affiliates of JPMorgan Chase Bank, N.A. and/or its affiliates, pursuant to the product or services offered abroad described in this discussion, if any, are administrative assistance and/or cooperation for JPMorgan Chase Bank, N.A., and no such items and services are used or supplied by such representative offices, subsidiaries and/or affiliates, as appropriate.

ANSR July UK PRs

and other J.P. Morgan workplaces abroad are not subject to the control or the policies of the [place the relevant nation: i.e. Federative Republic of Brazil and/or "the United Mexican States"], as the case may be, and do not have the warranty of the [place the appropriate country: i.e. Brazilian and/or "Mexican"] State, as the case might be.

A transformational shift is reshaping the financial investment banking landscape, as banks balance a wide variety of aspects consisting of bubbling deal volume, complex macroeconomic headwinds, and progressing AI developments. While recent geopolitical events, blended economic signals, and AI-led disruption are top-of-mind, specialists believe the outlook still stays positive for expansive offer activity for the year.

ANSR July UK PRs

Increasingly, banks are shifting from speculative AI to robust combination, embedding agentic usage cases across fundamental procedures to drive performance, according to research sourced from AlphaSense.Some professionals think AI is automating manual jobs generally performed by junior associates and interns( such as pitch book prep and data entry )and condensing the time required for these roles. Goldman Sachs announced a partnership with Anthropic to build' digital colleagues' utilizing Claude to automate trade accounting and customer onboarding. TD Securities is purchasing AI infrastructure to modernize its core service procedures and risk frameworks to optimize regulatory responsiveness and automation. Significant financial investment banks expect record or near-record M&A pipelines for the year, with some management groups expecting a"leading decile"year for volumes. Big and mega-deals(between$5 -$10 billion) are leading deal momentum with a general diversified pipeline. While tech remains a significant chauffeur of exit value, some investors are monitoring possible headwinds in software application due to assessment'wear and tear.'As a result, pipelines in tech-exempt software application and other sectors remain strong. IPO momentum is expected to continue fueling capital markets activity, with Q1 2026 volumes roughly double those of the previous year. Unstable geopolitical events and continuous macroeconomic headwinds stand to prevent IB activity for the year,

Reshaping Mid-Market Capital Markets Via Strategic Innovation

in specific due to events in the Middle East and mixed signals on rate of interest, inflation, and labor data.According to broker research, if oil rates remain above$100 per barrel for a prolonged period, development threats for the wider economy and financial investment banking volumes will likely increase. One expert thinks a war in Iran could derail current revenue momentum, possibly weighing on loan need even if volatility at first sparks trading activity. A Generative Browse timely on geopolitical volatility and macroeconomic headwinds in AlphaSense produces a summary of dominating signs According to industry specialists, the existing U.S. administration's pro-business stance and appointees with deep finance experience are expected to further fuel capital markets activity through less limiting guideline. A moving regulatory landscape is opening capital efficiency through Basel III Endgame and G-SIB reforms that will minimize capital requirements for the biggest U.S. Experts keep in mind that by encouraging GPs on continuation funds, banks gain special understanding of portfolio business likely to be sold in the future, supplying a" exclusive pipeline "of M&A targets. Participation in secondaries. This discussion was prepared solely for the internal usage of the J.P. Morgan customer or possibility ("Customer") to whom it is attended to in order to assist the Customer in assessing, on a preliminary basis, particular products or services that may be provided by J.P. Morgan. In preparing this presentation, J.P. Morgan has relied upon and presumed, without independent verification, the accuracy and completeness of all information available from public sources.