CWB-Management Proxy Circular-2023-EN

MARIA FILIPPELLI, FCPA, FCA

Board/Committee Membership

Attendance (100% Overall)

Board of Directors Audit Committee

7 of 7 6 of 6 4 of 4

Toronto, Ontario, Canada Age: 56 Director Since: 2020 Independent

GCR Committee

Total

17 of 17

Results of 2022 vote: 99.4% for

Ms. Filippelli is a Corporate Director with extensive experience in financial services. She served as Vice-Chair and Managing Partner of Deloitte Canada and was a member of Deloitte’s Leadership Team, Clients and Industries Management Committee and Risk Executive. Previously, she served on the Global Executive of Lloyds Banking Group as the Group Audit Director based in London, England. Prior to that, she spent more than two decades with KPMG Canada in progressive roles, including as Partner and National Industry Leader, Financial Services. Ms. Filippelli is a Chartered Professional Accountant. She holds a Bachelor of Business Management from Ryerson University and is a Fellow of the Chartered Professional Accountants of Ontario. Ms. Filippelli is an executive advisor on strategic, governance and regulatory matters and a member of the Dean’s Council at the Ted Rogers School of Management at Ryerson University.

Other Public Company Directorships During the Last Five Years

Role on Current Other Boards and Committees

Ontario Power Generation Inc. (2021 – Present) (1)

Audit and Risk Committee Generation Oversight Committee Human Resources and Governance Committee

Equity Ownership (2)

Total Common Shares and DSUs

Total Value of Common Shares and DSUs ($)

Total Amount at Risk as a Multiple of Equity Requirement ($570,000)

Total Amount at Risk as a Multiple of Annual Retainer

Year

Common Shares

DSUs

2023

7,500

13,308

20,808

585,121

1.0

3.3

2022

-

6,560

6,560

253,413

0.4

1.4

(1) Reporting issuer but not listed on a stock exchange. (2) Ms. Filippelli was appointed to the Board on August 1, 2020 and has until August 1, 2023 to comply with the minimum equity requirement.

CHRISTOPHER H. FOWLER

Board/Committee Membership

Attendance (100% Overall)

Board of Directors

7 of 7

Edmonton, Alberta, Canada Age: 63 Director Since: 2013 Non-Independent

Total

7 of 7

Results of 2022 vote: 98.8% for

Mr. Fowler is the President and CEO of CWB. He joined CWB in 1991 and was appointed President and CEO in 2013. Mr. Fowler currently serves on the board of the University Hospital Foundation, as well as on the Business Council of Alberta. He is a member of the Sustainable Finance Action Council, Business Council of Canada, Alberta’s Economic Recovery Council, and the University of Alberta Business Advisory Council. In 2022, Mr. Fowler was inducted into the Junior Achievement Northern Alberta Business Hall of Fame. Mr. Fowler received a Bachelor of Arts (Economics) and a Master of Arts (Economics) from the University of British Columbia.

Other Public Company Directorships During the Last Five Years

Role on Current Other Boards and Committees

-

-

Equity Ownership

Total Common Shares, RSUs and PSUs

Total Value of Common Shares, RSUs and PSUs ($)

Year

Common Shares RSUs and PSUs

2023

162,717

113,408

276,125

7,764,635

For further disclosure relating to the value of Mr. Fowler’s shareholdings, refer to the tables on pages 38 and 55.

2022

153,059

86,164

239,223

9,241,184

9 | Canadian Western Bank- Management Proxy Circular

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