2022 ASB Environmental, Social and Governance Report

THRIVING ECONOMY

“At ASB, nearly 65 percent of our teammates are women and we know first-hand the tremendous things women and girls – especially those who are proficient in STEM – can accomplish when provided the right education, opportunities and support. We are proud to support Girl Scouts of Hawai‘i’s STEM Center for Excellence, which will provide valuable skills and resources to our community.”

INVESTED IN TOMORROW’S LEADERS ASB is invested in the growth and development of Hawaii’s students and future workforce. In July 2021, ASB donated $100,000 in support of Girl Scouts of Hawaiʻi’s STEM Center for Excellence at Camp Paumalu, a 135-acre living laboratory that provides year-round opportunities in cybersecurity, astronomy, robotics, computer coding, botany, chemistry, environmental stewardship and more. The center enables young women to enjoy outdoor adventures while exploring science, technology, engineering and careers in STEM through on-site experiments. As part of our commitment to developing our state’s future leaders and entrepreneurs, ASB and our holding company Hawaiian Electric Industries pledged $250,000 each to the University of Hawaiʻi Foundation’s live-learn work community at Residences for Innovative Student Entrepreneurs (RISE). The combined pledge of $500,000 will be used to fund the RISE center’s furnishings, fixtures and equipment, along with operational programs and student scholarships over the next 10 years.

— Beth Whitehead , Executive Vice President and Chief Administrative Officer at ASB

ASBHAWAII.COM

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26 2022 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT

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