BofA Finance LLC Announces Threshold Price and Initial Reference Price for Cash-Settled Equity-Linked Notes Linked to the Common Stock of Voya Financial, Inc. Due May 1, 2023

CHARLOTTE, N.C.–(BUSINESS WIRE)–Following the pricing of its public offering of $250 million of its
Cash-Settled Equity-Linked Notes Linked to the Common Stock of Voya
Financial, Inc. (“Voya”) due May 1, 2023 (the “Notes”), BofA Finance LLC
(“BofA Finance”) today announces the threshold price and initial
reference price of the Notes.

The threshold price of the Notes has been set at $69.5291, representing
a 37.5% premium over the initial reference price of $50.5666, which
equals the arithmetic average of the volume-weighted average prices of
one share of Voya common stock over the five consecutive trading days
beginning on, and including, April 6, 2018 and ending on, and including,
April 12, 2018. Settlement and delivery of the Notes took place on April
10, 2018.

BofA Finance and Bank of America Corporation (“BAC”) have filed a
registration statement (which includes a prospectus) with the Securities
and Exchange Commission (“SEC”) for the notes that are described in this
document. Before you invest, you should carefully read the prospectus in
that registration statement and other documents that BofA Finance and
BAC have filed with the SEC for more complete information about BofA
Finance, BAC and this offering. You may obtain these documents without
cost by visiting EDGAR on the SEC website at www.sec.gov.
BofA Finance’s Central Index Key (CIK) on the SEC website is 1682472 and
BAC’s CIK on the SEC website is 70858. Alternatively, Merrill Lynch,
Pierce, Fenner & Smith Incorporated will arrange to send you the
prospectus and other documents relating to any offering described in
this document if you so request by calling toll-free 1.800.294.1322.
BofA Finance and BAC face risks that are specific to their respective
businesses, and we encourage you to carefully consider these risks
before making an investment in their respective securities.

Bank of America
Bank of America is one of the world’s leading
financial institutions, serving individual consumers, small and
middle-market businesses and large corporations with a full range of
banking, investing, asset management and other financial and risk
management products and services. The company provides unmatched
convenience in the United States, serving approximately 47 million
consumer and small business relationships with approximately 4,500
retail financial centers, approximately 16,000 ATMs, and award-winning
digital banking with approximately 35 million active users, including
approximately 24 million mobile users. Bank of America is a global
leader in wealth management, corporate and investment banking and
trading across a broad range of asset classes, serving corporations,
governments, institutions and individuals around the world. Bank of
America offers industry-leading support to approximately 3 million small
business owners through a suite of innovative, easy-to-use online
products and services. The company serves clients through operations in
all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto
Rico and more than 35 countries. Bank of America Corporation stock
(NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and
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Contacts

Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780
Jonathan
G. Blum, Bank of America (Fixed Income), 1.212.449.3112

Reporters
May Contact:
Jerry Dubrowski, Bank of America, 1.646.855.1195
jerome.f.dubrowski@bankofamerica.com