To mitigate proton-exchange membrane (PEM) degradation, suppressing hydrogen peroxide (H 2 O 2 ) generation is desired for the anode catalyst of PEM fuel cells (PEMFCs), while keeping the hydrogen oxidation reaction (HOR) activity. In this study, Pt/Co/ Pt(111) and Pt/Co/Pt(100), approximately 2 nm-thick epitaxially stacked layers of Pt and Pt−Co alloy deposited on Pt(111) and Pt(100) single-crystal surfaces, respectively, were used as microstructural surface models of the Pt−Co anode catalyst, and the H 2 O 2 generation and HOR mechanisms were discussed using the substrate generation/tip collection and tip generation/substrate collection modes of a scanning electrochemical microscope. We found that H 2 O 2 generation on Pt/Co/Pt(111) was much lower than that on clean Pt(111), whereas the H 2 O 2 generation property of Pt/Co/Pt(100) was similar to that of clean Pt(100). The influence of the underlying Co (Pt−Co) layers on H 2 O 2 generation is discussed from the viewpoints of two previously proposed mechanisms: the adsorbed hydrogen (H ads )-related and water-adlayer-related mechanisms. Considering the applied potential dependence of H 2 O 2 generation, the former H ads -related mechanism could not explain the H 2 O 2 generation behavior of Pt/Co/Pt(100), whereas the latter water-adlayer-related mechanism could apply to both Pt/Co/Pt(111) and Pt/Co/Pt(100). Regarding the HOR, Pt/Co/Pt(100) showed a higher activity than that of clean Pt(100), whereas the activity of Pt/Co/Pt(111) was lower than that of the corresponding clean Pt(111). Such surface-atomic-arrangement-dependent HOR activities of Pt induced by the underlaid Co (Pt−Co) layers can be explained by weakened hydrogen adsorption energy, which can be rationalized by cyclic voltammogram features. The results clarify the alloying effect of Pt with Co for suppressing H 2 O 2 generation while maintaining substantial HOR activity.