2022 ASB Environmental, Social and Governance Report

TAB L E O F CON T EN T S THRIVING ECONOMY THRIVING CUSTOMERS THRIVING COMMUNITIES THRIVING EMPLOYEES THRIVING ENVIRONMENT CLIMATE RISK STRATEGY ABOUT US

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Message from our President and CEO

Message from our President and CEO

Aloha, I am pleased to share our American Savings Bank 2022 Environmental, Social and Governance report. Our bank has been proudly serving the people of Hawaii since 1925 and we are passionate about making dreams possible for our customers, community and 1,100 teammates. The past few years have changed so much for Hawaii, however the one thing that has remained constant is our long-standing commitments to our customers, community and teammates. As one of the largest financial institutions in our state, we have the privilege and opportunity to build a stronger, resilient Hawaii for future generations. When the pandemic challenged Hawaii’s economy and public health, we renewed our efforts to support our community. By supporting small businesses with Paycheck Protection Program loans, driving revenue to the restaurant and food supply industries and prioritizing our teammates’ health and well-being, we demonstrated our commitment every step of the way. As a local company located in an island state, we have a deep responsibility to protect and care for our land and natural resources. We see the direct and societal benefits of playing a role in our clean energy future and reducing

our impact on the environment. Through the planning and management of our facilities, we continue to be good environmental stewards and partners for our customers in their conservation efforts. As I reflect on the last year, I’m especially proud of our teammates’ passion for supporting our customers and communities. In the pages that follow, you’ll find an overview of work that’s underway at ASB. It is not an exhaustive list of all of our efforts, but I believe it is a good representation of our commitment to a better Hawaii. We’re excited to share our progress through the stories in this report and are committed to finding more opportunities to create lasting positive impact across our state and beyond. Malama pono,

DATA

ANN TERANISHI President and CEO

ASBHAWAII.COM

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2 2022 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT