2022 ASB Environmental, Social and Governance Report

THRIVING EMPLOYEES

Racial Diversity - All Workforce Racial Diversity – All Workforce

Racial Composition of Hawai‘i Racial Composition of Hawai‘i

DIVERSITY AND INCLUSION American Savings Bank is committed to creating a diverse, respectful and inclusive company for all teammates, customers and community members. We welcome and celebrate diversity in ideas, experiences, race, ethnicity, gender, age, disability, religion, sexual orientation and veteran status and do not tolerate racism, discrimination or harassment of any kind. We truly believe this diversity provides a wealth of experiences and perspectives that inform our decision making, leads to the best results, is key in maintaining our great place to work culture and allows us to better connect with our diverse customers. We are proud of both our racial and gender diversity.

ASB HAS IDEAS When it comes to diversity, equity and inclusion, ASB is committed to doing our part to drive positive change within our company and community. Our ASB has IDEAS (Inclusivity, Diversity, Equity, Allyship and Safety) Council is a committee of teammate volunteers who are committed to protecting and promoting our great place to work culture and ensuring everyone feels valued for their talents, feels a sense of belonging and knows that their voice matters. The council, which is open to all teammates, meets regularly to discuss new ideas, organize various celebrations and educational opportunities and identify ways to ensure ASB remains a diverse, inclusive and respectful workplace. In 2022, the ASB has IDEAS Council broadened awareness for Black History Month by creating an activity card that encouraged teammates to learn about the significance of the annual celebration and support black-owned businesses. For May Day, teammates from across ASB sewed more than 375 feet of lei, which was donated to a nearby senior center. The next month, at the IDEAS Council’s recommendation, we decided to observe the Juneteenth holiday, even before it became an official federal holiday. Volunteers also hosted a workshop to help teammates learn how to better cope with and support loved ones dealing with challenges in honor of Mental Health Awareness Month. Then in December, the Council helped teammates learn about other types of cultural and religious holidays such as Christmas, Hanukkah, Kwanzaa and Winter Solstice.

■ 60.1% Asian ■ 13.8% Native Hawaiian or Other Pacific Islander ■ 11.1% White ■ 8.9% Two or More Races ■ 5.1% Hispanic ■ 0.8% Black ■ 0.2% American Indian or Alaska Native

■ 36.5% Asian ■ 20.8% White ■ 19.8% Two or More Races ■ 11.1% Hispanic ■ 9.6% Native Hawaiian or Other Pacific Islander ■ 1.8% Black ■ 0.1% Native American

Diverse Representation Female

Racially Diverse

Executives

40.0% 80.0% 64.9% 84.6% 65.1% 88.9%

Leaders

All Workforce

Source

Data as of 12/31/22

Source: U.S. Census Bureau, 2021 American Community Survey 1-Year Estimates

ASBHAWAII.COM

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66 2022 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT