JMP Group has established procedures for the receipt, retention and treatment of complaints regarding accounting, internal accounting controls or auditing matters and reports of actual or potential corporate fraud or violation of applicable law.

Employees or other interested parties who wish to make such a report or complaint can call a dedicated toll-free hotline at (866) 400-5368. Callers to this number will be instructed to leave a confidential voicemail message. The contents of the message will be transcribed and brought to the attention of the audit committee of the board of directors of JMP Group.

In addition, reports may be made in writing and sent to the following address:

JMP Group LLC
Attn: Audit Committee
600 Montgomery Street, Suite 1100
San Francisco, CA 94111-2713