Risk Factors Update Summary

• Increased asset size from $109.30 billion to $213.76 billion due to SVBB Acquisition.
• The company faces increased regulatory scrutiny and potential penalties related to ESG practices.
• The company's equipment financing and leasing operations are subject to numerous laws and regulations that could impact its operations.
• Regulatory scrutiny increased with OCC proposing rule changes for bank mergers.
• The company acquired SVBB for approximately $36 billion and has access to up to $70 billion in advances from the FDIC.
• The company must comply with various laws and regulations, including those related to anti-money laundering and fair lending practices.
• Enhanced competition from CFPB's proposed rule on personal financial data rights.
• Overdraft and NSF fees decreased from $55 million in 2022 to $49 million in 2023.
• The company faces increased legislative and regulatory focus on data privacy and cybersecurity, with new regulations in effect.
• Nasdaq's new clawback listing standards require recovery of excess incentive-based compensation.
• The company is subject to enhanced liquidity risk management requirements due to its asset size exceeding $100 billion.
• Potential increase in FDIC premiums due to special assessment of $16.30 billion.
• Increased cybersecurity risks due to evolving threats and geopolitical turmoil.
• Concentration in healthcare and rail industries may impact financial condition and results of operations.