Annual Profile | 2019

CORPORATE PROFILE

Bank of the West is a financial services company headquartered in San Francisco with $92.9 billion in assets as of 12/31/2019. With community bank roots dating back more than 140 years, Bank of the West operates a network of retail, wealth, commercial and business banking branches and offices in 24 states. The Bank has more than 10,000 team members serving the needs of 1.9 million customers.

Through major business areas-Commercial Banking, Consumer Banking, and Wealth Management-Bank of the West originates commercial, small business and consumer loans and leases, and offers a wide range of banking, trust and investment solutions for individuals and businesses.

In addition to banking products offered by Bank of the West, investment and insurance services are offered through its subsidiary, BancWest Investment Services, a registered broker/dealer. Wealth Management Centers RetailRetail Banking Banking Locations Locations Wealth Management Centers Through Digital Channels and offices across the U.S., Bank of the West provides BusinessBusiness Banking Banking Locations Locations CommercialCommercial Banking Banking Centers Centers financial tools and resources to individuals, families and businesses. As the bank for a changing world, Bank of the West is committed to sustainable finance along with our parent company BNP Paribas, a leading bank in the Eurozone and a prominent international banking institution with a presence in 72 countries and more than 200,000 employees.

2019 RESULTS KEY FIGURES As of 12/31/2019 Bank of the West achieved full year 2019 earnings of $617.1 million. Results were lower than prior ASSETS ATMS year primarily due to an adverse rate environment, $92.9 Billion 778 competitive pressure on deposits and higher provision. Fee growth was strong and expenses DEPOSITS **CUSTOMERS were only marginally higher than prior year. $70.5 Billion 1.9 Million Total average customer deposits rose 5.5% from prior year and the loan portfolio grew 2.4%. From LOANS & LEASES TEAM MEMBERS Q4 2018 to Q42019, customer deposits increased $62.7 Billion 10,088 9.4% and capital ratios remain strong (Tier 1

Capital Ratio 12.4%). *RETAIL BANKING LOCATIONS CHARITABLE CONTRIBUTIONS (ANNUAL) Bank of the West’s parent company BNP Paribas 537 $6.4 Million earned 8.2 billion euros in the year ending 31 December 2019. *Does not include satellite and hub locations **Customer count includes bank-wide individual and business accounts (does not include secondary customers) Annual Profile | 2019

LEADERSHIP Bank of the West is one of the largest banks headquartered in California Bank of the West also serves clients through offices in Atlanta, Chicago, and the 28th largest1 commercial bank in the U.S. by assets. Dallas and New York, our international offices in Tokyo and Taipei, and works in tandem with the Network Business Development Desk of While Bank of the West is one of the largest banks in the U.S., we take BNP Paribas China which has branches in Shanghai, Beijing, Tianjin, pride in preserving our local focus, our award-winning relationship Guangzhou and a representative in Chengdu. banking approach, and being among the industry-leading banks for customer service. COMMUNITY SUPPORT The Bank is the second-largest agriculture production loan bank lender,2 Over five years, BOTW has provided $50 billion in loans, investments, and third-largest for SBA loans,3 and a leading bank lender in the RV/ spend, and philanthropic contributions that help support and Marine and religious institution sectors.4 strengthen communities.

AWARDS & ACCOLADES

Family Wealth Report: Family Global Finance Kantar TNS Wealth Counseling Best Private Bank in the West (U.S.) 2019 Choice Award for Excellence in Consumer Private Asset Management: Best Consulting Retail Banking in the Western U.S., 2017 Firm for Family Offices, 2018 Human Rights Campaign (HRC) Foundation Corporate Equality Index World Finance Forbes Bank of the West earns 100% Score, 2019 Best Commercial Bank U.S. West, 2014-2019 Best Employers for Women, 2019 America’s Best Employers, 2017 Kiplinger’s Personal Finance Magazine Best Regional Bank in the West, 2017

CREDIT RATINGS As of 12/31/2019 LOAN PORTFOLIO As of 12/31/2019

Long-term Short-term Long-term Short-term Real Estate  issuer issuer deposits deposits 2% Construction Commercial, Financial  Real Estate  MOODY’S A3 P-1 Aa3 P-1 28% & Agricultural 24% Commercial 1% Other Equipment  FITCH A F1 A+ F1 2% Leases Consumer  Real Estate  STANDARD & POOR’S A A-1 24% Installment Loans 18% Residential

CAPITAL RATIOS As of 12/31/2019 FINANCIAL HIGHLIGHTS Deposits & Assets (dollars in billions) 90 93 TIER I RISK-BASED TOTAL RISK-BASED  TIER I  84 88 CAPITAL RATIO CAPITAL RATIO LEVERAGE RATIO $80 72 76 70 67 71 62 12.39% 13.31% 10.01% $60 52 54 $40

Deposits $20 Assets $0 1 S&P Global Market Intelligence (based on FDIC data) 2014 2015 2016 2017 2018 2019 2 S&P Global Market Intelligence (based on FDIC data) 3 U.S. Small Business Administration 4 Market Share Reporting via Statisticalsurveys.com

Member FDIC. Equal Housing Lender. © 2020 Bank of the West. Doing business in South Dakota as Bank of the West California.