On October 27, 2020, the Board of Directors of Bridgewater Bancshares, Inc. increased the number of directors constituting the entire Board from nine to ten directors, and, upon the recommendation of the Company’s Nominating and Corporate Governance Committee, appointed Mohammed Lawal as a Class III director to fill the vacancy created by this increase. Mr. Lawal is the lead founder, CEO and Principal Architect of LSE Architects, Inc., an entrepreneurial, Twin Cities-based architecture, interior design and planning firm. Mr. Lawal has over 30 years’ experience in design, planning and programming. Under his leadership, LSE Architects has provided architectural services for a variety of projects ranging from barbershops and schools to multifamily housing and U.S. Bank Stadium.