Associated Banc-Corp (ASB) Investor presentation summary

Strategic growth initiatives

• Focused on sustainable organic growth by enhancing product offerings and digital capabilities, and launching successful programs for mass affluent customers.

• Increased relationship managers by 44% from 4Q 2021 to 4Q 2025, with new offices in Kansas City and expanded presence in Dallas, Milwaukee, and Chicago.

• Accelerated growth in major metro markets, including entry into Omaha and deeper penetration in the Twin Cities through the American National acquisition.

Financial performance highlights

• Achieved record net income of $463 million in 2025, with 4.7% total loan growth and 11.6% C&I loan growth.

• Total deposits and core customer deposits grew by 2.6% and 3.5%, respectively, while net interest income increased by 14.7%.

• Net interest margin expanded by 25 bps, and return on average tangible common equity reached 13.63%.

Commercial and consumer growth

• Expanded commercial team and leadership, adding new capabilities in asset-based lending and specialty deposit solutions.

• Opened new offices and increased relationship managers, driving C&I loan growth and market share in key metros.

• Launched upgraded checking products and digital features, supporting checking household growth and customer engagement.