Risk Factors Update Summary

• Pursuing growth strategies, transitioning to pursue growth strategies, and pursuing acquisitions to develop consistent policies. This could impact operating results significantly.
• Interest rate increases by the Federal Reserve impacted net interest income, with further inflationary pressures and global supply chain challenges affecting profitability.
• Increase in regulatory scrutiny and enforcement actions may lead to higher fines and penalties.
• Increased competition and disruptions in the banking industry led to significant volatility, reduced valuations, and decreased confidence, impacting the capital markets.
• Change from million to billion in deposits signifies a significant increase in deposit amounts.
• Failure to achieve merger synergies could result in substantial share price reduction and increased costs.
• Enhanced focus on Anti-Money Laundering (AML) compliance to avoid reputational damage and penalties.
• Increased focus on ESG evaluations by investors and potential negative impacts on stock price due to low ESG scores or ratings.
• Increased ownership by funds from 18% to 29% may impact shareholder dynamics.
• Adoption of artificial intelligence tools may increase operational risks and lead to adverse impacts on business and financial results.
• Climate change risks may adversely affect operations, with increased frequency and severity of events.
• Changes in regulations and regulatory environment could affect operations, financial performance, and capital requirements.
• Competition from financial institutions could impact profitability due to market volatility and disruption.
• Adverse weather events could negatively affect operations, with potential increased intensity and impact.