2022 ASB Environmental, Social and Governance Report

THRIVING ENVIRONMENT

ASB Campus Grand Opening

SUSTAINABLE BUILDINGS Our ASB Campus enabled us to bring more than 650 teammates, who were once spread out across five different office locations on Oahu, together under one roof. This consolidation enhances our operational efficiency and reduces emissions by significantly cutting down on the amount of time and energy commuting to meetings across town at other ASB locations. In designing our Campus, we wanted a building that was reflective of our commitment to care for our customers, teammates and community. We saw the construction as an opportunity to rethink how we do business and what efforts we could implement to reduce our impact on the environment. Our Campus features some of the latest green technologies, including solar panels,

electric vehicle charging stations, self-tinting windows, responsive LED lighting, water bottle filling stations and reclaimed wood furniture. We also used this opportunity to evaluate our work processes and committed to being as paperless as possible.

INCREASING ENERGY AND WATER EFFICIENCY IN OUR BRANCHES

REDUCING EMISSIONS FROM COMMUTING

We encourage our teammates to commute to work by carpool, mass transit, bike or other means — and reward those who do for their commitment to the environment. Teammates who find other means of getting to work and don’t park at Campus receive a generous monthly Green Benefit stipend, which can be used to cover expenses for alternate transportation or whatever else they choose. Teammates who participate in a carpool receive one free parking stall per group at our ASB Campus, plus a monthly stipend for each member of the carpool.

As we build and renovate our new locations, we are incorporating LED light fixtures and signage, self-tinting windows and low-flow water fixtures as part of our commitment to be more environmentally friendly. For our existing branches, we have rolled out green initiatives and are retrofitting the facilities with sustainable features. These include installing LED light fixtures, low-flow water fixtures and implementing recycling programs. In addition to having a positive impact on the environment, these features reduce our energy and water use and positively impact our bottom line.

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