2022 ASB Environmental, Social and Governance Report

THRIVING COMMUNITIES

At ASB, community is at the core of everything we do. Through quarterly engagement surveys, our teammates consistently share that they are proud to work for a company that does such a phenomenal job bringing real impact to our community. From supporting our Thriving Communities

FINANCIAL INCLUSION AND CAPACITY BUILDING

select from different playlists featuring a series of five-minute trainings designed to provide practical tips and information on topics such as debt management, budgeting, credit scores and more. After completing each course, customers can learn about next steps and make an appointment to meet with one of our knowledgeable bankers for more personalized support. In addition to the online self-service tools and content, ASB regularly hosts free in-person and virtual seminars on a variety of topics such as first-time homebuyer tips, saving and investing, planning for retirement, cybersecurity tips, green energy loans and fraud prevention, among others. Our bankers also frequently engage with local schools and nonprofit organizations, such as Junior Achievement and Girl Scouts of Hawai‘i, to teach about personal financial responsibility and entrepreneurship. ASB partners with 46 public and private schools across our state through our Bank for Education program. The schools within our Bank for Education Ohana have special access to financial literacy education, grant awards and volunteer projects. Half of the schools have signed up for free training on topics such as Understanding Money, Entrepreneurship and Smart Money Skills for Teens. Through our affiliations with nonprofits and other community partners, we support a variety of programs for some of the most vulnerable groups in our state. For example, we assist low- and moderate-income individuals and families with completing their income tax returns free of charge through our participation in the Internal Revenue Service’s Volunteer Income Tax Assistance program and partnership with Goodwill Hawaii. We also provided cybersecurity tips for kupuna, translation services to ensure non-English speaking residents have access to important financial tools and resources and created a “Quick Tip Tuesday” monthly video series, which features our bankers providing useful financial tips on our social media platforms.

nonprofit partners to sponsoring events and activities year-round that help advance local families, our team members give big and give from the heart to make Hawaii a better place.

We understand that financially healthy residents lead to a financially healthy state and economy. At ASB, no matter how much money someone earns, what their living situation or how big their bank account balance is, we believe that everyone should have access to free financial resources and support to succeed. Some of the many ways we support a thriving community are by offering community development loans, affordable housing investments, small business development programs, charitable contributions, community service projects, financial education initiatives and pro bono services. We’re committed to helping our customers and the community improve their relationship with money and achieve their dreams – no matter how big or small they are – and make the best financial decisions. ASB offers a free, online Financial Checkup, which provides customers and non-customers a real-time assessment of their financial wellness, as well as recommendations to help them learn about improving their situation. Our Financial Checkup tool provides insight for every stage of life, such as buying a home, having a baby, paying for a child’s education and saving for retirement. Users can also access our free online financial calculators, budgeting tools and helpful articles with financial tips and information from the convenience of their own home. Thousands of residents have also improved their financial futures by taking advantage of our ASB Financial Education program, a free, comprehensive resource center available on asbhawaii.com. Users can EMPOWERING THE COMMUNITY WITH FINANCIAL LITERACY

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