Central Pacific Financial (CPF) Investor presentation summary

Company overview and market position

• Hawaii-based bank holding company, 4th largest in the state with 27 branches and 55 ATMs.

• Founded in 1954 to serve underserved families and small businesses.

• Recognized as Best Bank in Hawaii by Forbes for four consecutive years as of 2025.

• Total assets of $7.4 billion and market cap of $816 million as of September 30, 2025.

• Dividend yield at 3.7% with a share price increase of 47% over three years.

Strategic focus and growth drivers

• Emphasis on sustainable, growing returns and enhanced value for stakeholders.

• Focus on stable, low-cost funding from Hawaii retail and small business deposits.

• Prioritizes high-quality, relationship-driven lending and selective investments.

• Diversifies risk and revenue through selective indirect and wholesale credit exposure.

• Organic growth prioritized over M&A, with continued value enhancement.

Operational excellence and efficiency

• Integrated people, processes, and technology to drive efficiency and innovation.

• Over 90 process improvements implemented, including automation and branch system enhancements.

• Consolidation of operations center into main office, saving ~$1 million annually.

• Upgraded data center for enhanced resiliency and disaster recovery.

• Efficiency ratio improved to 60.81%, outperforming local and national peers.