AMERIPRISE FINANCIAL, INC. SCHEDULE I—CONDENSED FINANCIAL INFORMATION OF REGISTRANT NOTES TO CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Parent Company Only) 1. Basis of Presentation The accompanying Condensed Financial Statements include the accounts of Ameriprise Financial, Inc. (the ‘‘Registrant,’’ ‘‘Ameriprise Financial’’ or ‘‘Parent Company’’) and, on an equity basis, its subsidiaries and affiliates. The financial statements have been prepared in accordance with U.S. generally accepted accounting principles (‘‘GAAP’’) and all adjustments made were of a normal, recurring nature. The financial information of the Parent Company should be read in conjunction with the Consolidated Financial Statements and Notes of Ameriprise Financial. Parent Company revenues and expenses, other than compensation and benefits and debt and interest expense, are primarily related to intercompany transactions with subsidiaries and affiliates. Certain prior year amounts have been reclassified to conform to the current year’s presentation. Ameriprise Financial was formerly a wholly owned subsidiary of American Express Company (‘‘American Express’’). On February 1, 2005, the American Express Board of Directors announced its intention to pursue the disposition of 100% of its shareholdings in Ameriprise Financial (the ‘‘Separation’’) through a tax-free distribution to American Express shareholders. Effective as of the close of business on September 30, 2005, American Express completed the separation of Ameriprise Financial and the distribution of the Ameriprise Financial common shares to American Express shareholders. Ameriprise Financial incurred significant non-recurring separation costs in 2007 and 2006 as a result of the Separation. The separation from American Express was completed in 2007. In 2008, the Parent Company contributed leveraged loans of $83 million to RiverSource Life. The Parent Company recorded an investment loss of $22 million within net investment income related to the transfer of these leveraged loans, which was eliminated in consolidation. 2. Debt All of the consolidated debt of Ameriprise Financial are borrowings of the Parent Company, except as indicated below. • At December 31, 2008, the consolidated debt of Ameriprise Financial included $64 million of floating rate revolving credit borrowings related to certain consolidated property funds. The debt is due in 2013 and will be extinguished with the cash flows from the sale of the investments held within the partnerships. • At December 31, 2008 and 2007, the consolidated debt of Ameriprise Financial included $6 million and $18 million, respectively, of municipal bond inverse floater certificates that are non-recourse debt obligations of a consolidated structured entity. 3. Commitments and Contingencies The Parent Company is the guarantor for an operating lease of IDS Property Casualty Insurance Company. All consolidated legal, regulatory and arbitration proceedings, including class actions of Ameriprise Financial, Inc. and its consolidated subsidiaries are potential or current obligations of the Parent Company. The Parent Company and ACC entered into a Capital Support Agreement on March 2, 2009, pursuant to which the Parent Company agrees to commit such capital to ACC as is necessary to satisfy applicable minimum capital requirements, up to a maximum commitment of $115 million. 4. Guarantees An unaffiliated third party is providing liquidity to clients of Securities America, Inc. (‘‘SAI’’) registered representatives that have assets in the Reserve Primary Fund that have been blocked from redemption and frozen by the Reserve Fund since September 16, 2008. Ameriprise Financial has guaranteed the advances this third party has made to the clients of SAI registered representatives up to $15 million through April 15, 2009 or the date on which the $15 million cap is reached. Advances to SAI clients are limited to the lesser of $100,000 or 50% of the value of Reserve Primary Fund holdings, unless SAI management approves a disbursement in excess of 50%. The Parent Company has agreed to indemnify the unaffiliated third party up to $10 million until April 15, 2015, for costs incurred as a result of an arbitration or litigation initiated against the unaffiliated third party by clients of SAI registered representatives. In the event that a client defaults in the repayment of an advance, SAI has recourse to collect from the defaulting client. During the third quarter of 2008, a consolidated property fund limited partnership entered into a floating rate revolving credit borrowing, of which $64 million was outstanding as of December 31, 2008. A subsidiary of Threadneedle Asset Management Holdings Sarl` guarantees the repayment of outstanding borrowings up to the value of the assets of the partnership. The debt is secured by the assets of the partnership and there is no recourse to Ameriprise Financial. F-6.