JPMOorGAN CHase & Go. John Donnelly ecu Vie Present oman Resurres uy 6, 2020 Mr. Chari King Executive Director, NY.S. Demacratle Commit 461 Park Bverve Sut, 10th lor NewYork, NY 10036 esr Mr King “This letter isin response to your letter dated June 30, 2010 to Lee, Raymond, Chairman of JPMorgan Chase's Compensation & Management Development Committee asking for compensation information regarding Rck Lavo, Republican candidate for Governor of New Yor. ick was avalued member of our Asset Management business since 2008 and before that was head of Government Relations. He has been on a leave of absence without pay since September 2009. While on leave, he has no salary, no use of company felts, no use of company transportation or ether perks and no client responsibilities. ‘With respect to your request for specific compensation information regarding Mr. Lazio, we respect the privacy of aur employees ad do not publicly release compensation information about indviéuat ‘employees except where required by lew orn siilar appropriate circumstances ‘You note in your letter that is your strong preference that Mr. Lzzlo provide information voluntary by isclsing his tax returns, You als report that Mr. Lazio has sad that he wil release his taxetums, soit ‘would appear that they wllin any event become avalible through Mr. Lazio. ‘whatever the outcome ofthe eletion, we hope thatthe campaign will ontibute to constructive clscussion ofthe many matters of great importance to New York State and its czens Sincerely, Pet “elehone 22270 210 nse BIHRSEE AE