W T B Financial : Annual Shareholders Meeting Presentation April 25, 2022

2022

W.T.B. Financial Corporation Annual Shareholders' Meeting

Presented by:

Larry Sorensen Chief Financial Officer

FORWARD LOOKING STATEMENTS

This presentation contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods. Examples of forward-looking statements include, but are not limited to, statements we make regarding our evaluation of macro-environment risks, Federal Reserve rate management, and trends reflecting things such a regulatory capital standards and adequacy. Forward looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward- looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward-looking statements. They are neither statements of historical fact or guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statement include:

• • the ability to attract new deposits and loans;

• • demand for financial services in our market areas;

• • competitive market pricing factors;

• • deterioration in economic conditions that could result in increased loan losses;

• • actions by competitors and other market participants that could have an adverse impact on our expected performance;

• • risks associated with concentrations in real estate related loans;

• • market interest rate volatility;

• • stability of funding sources and continued availability of borrowings;

• • risk associated with potential cyber threats;

• • changes in legal or regulatory requirements or the results of regulatory examinations that could restrict growth;

• • the ability to recruit and retain key management and staff;

• • the ability to raise capital or incur debt on reasonable terms;

• • effectiveness of legislation and regulatory efforts to help the U.S. and global financial markets.

There are many factors that could cause actual results to differ materially from those contemplated by forward-looking statements. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publically update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

W.T.B. Financial Corporation

Company Overview

MISSION AND GEOGRAPHIC FOOTPRINT

Our Mission

Markets Served

We will be the best at understanding and meeting the financial needs of our customers.

We will focus our unique strengths as a community bank on serving those customers who perceive a distinct value in building long-term relationships with us.

We will be empowered to act on behalf of Washington Trust to meet our customers' needs and will have the competencies to fulfill this mission.

We will conduct ourselves in accordance with our guiding principles.

We will organize and manage to best support one another in these efforts and to ensure the long-term viability of the Bank.

CORE IDENTITY

• • Pacific Northwest regional community bank

  • • Business model: Relationship banking

    • • 120 years of heritage

      • • High value customer relationships

    • • 4th generation Chairman and CEO

    • • Organic customer growth

• • Private ownership and family heritage

  • • Broad product line and customer base

    • • Conservative risk profile

      • • Commercial banking customer focus

    • • Balance sheet strength

      • • Retail and private banking clients

    • • Capital management discipline

      • • Wealth Management/Trust expertise

    • • Risk adjusted performance

      • • Home lending division

    • • Long-term franchise and shareholder value

• • Small Business Banking and SBA