American Express Issues $2 Billion of 4.804% Fixed-to-Floating Rate Notes Due 2036

American Express has issued $2 billion in aggregate principal amount of 4.804% Fixed-to-Floating Rate Notes due October 24, 2036. The issuance was made pursuant to a Prospectus Supplement dated October 20, 2025, to the Prospectus dated February 9, 2024, filed as part of the Company’s Registration Statement on Form S-3. This debt issuance provides American Express with additional capital and could impact its financial leverage and future interest expenses.