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Press release from Business Wire

Discover Recognized as Corporate Citizen of the Year by Executives' Club of Chicago

Wednesday, May 22, 2013

Discover Recognized as Corporate Citizen of the Year by Executives' Club of Chicago

08:00 EDT Wednesday, May 22, 2013

RIVERWOODS, Ill. (Business Wire) -- Discover Financial Services (NYSE: DFS) was awarded The Executives' Club of Chicago's 2013 Corporate Citizen of the Year award for its financial education program, Pathway to Financial Success. In its inaugural year, this award was created to recognize an individual or company for outstanding contributions to the Chicagoland community in areas such as the environment, education, veterans' initiatives, workforce development, or governance.

“At Discover, we are committed to helping high school students get the financial education they need to make sound financial decisions. We are honored to be recognized and pleased to make a difference in our communities,” said David Nelms, chairman and chief executive officer of Discover.

Since Pathway to Financial Success launched in February 2012, Discover has raised awareness for financial education through a PSA, awkwardconversations.org, and media. Since Pathway to Financial Success launched in February 2012, more than 250 grants have been awarded to schools in 40 states totaling nearly $3.3 million, in addition to a $1 million grant to Chicago Public Schools (CPS).

For more than 100 years, The Executives' Club has identified and shared best practices with Chicago's business community. In addition to the Corporate Citizen of the Year award, The Executives' Club of Chicago's Convene Chicago Annual Awards Program also recognized the Chicago Innovator of the Year and CIO of the Year.

About Pathway to Financial Success

Pathway to Financial Success is a five-year, $10 million commitment to bring financial education curriculum into public high schools across the country. Schools receiving grants must agree to pre- and post-test students on the curriculum to measure success. Discover began the program in February 2012 and has so far given more than $3 million to hundreds of schools across the country. Lesson plans, tips and information for how to talk to teens about money are available on www.pathwaytofinancialsuccess.org.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and offers home loans, private student loans, personal loans, checking and savings accounts, certificates of deposit and money market accounts through its direct banking business. Its payment businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in more than 185 countries and territories. For more information, visit www.discoverfinancial.com.

Discover Financial Services
Matthew Towson, 224-405-5649
matthewtowson@discover.com

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