CWB-Management Proxy Circular-2023-EN

IRFHAN A. RAWJI (1)

Board/Committee Membership

Attendance (100% Overall)

Board of Directors HR Committee Risk Committee

7 of 7 5 of 5 6 of 6

Calgary, Alberta, Canada Age: 44 Director Since: 2021 Independent

18 of 18

Total

Results of 2022 vote: 99.8% for

Mr. Rawji is Managing Partner at Relay Ventures, an early stage venture capital firm. He is also the founder and Executive Chair of MobSquad, an innovative Canadian start- up that ensures high caliber software engineers with US work visa challenges remain working with their current company, but near-shored from Canada. He is a director of several private companies and organizations including PBA Land & Developments, Alate Partners Inc., CIFAR, and the Aga Khan Museum. Mr. Rawji received a Master of Business Administration with High Honors from Harvard Business School and a Bachelor of Commerce with Honours from the University of British Columbia. He is a recipient of the Queen Elizabeth II Diamond Jubilee Medal, Queen Elizabeth II Platinum Jubilee Medal , Heart & Stroke Foundation’s Award of Merit, Sauder School of Business’ Teaching Excellence Award, Business for the A rts’ Arnold Edinborough Award, and was recognized as a member of Canada’s Top 40 Under 40 (2017) by The Caldwell Partners International Inc.

Other Public Company Directorships During the Last Five Years

Role on Current Other Boards and Committees

-

-

Equity Ownership

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

29,348

9,423

38,771

1,090,241

1.9

6.2

2022 5.1 (1) Mr. Rawji was a director and Board Chair of Carrot Insights Inc. when it filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act (Canada) on July 11, 2019. 20,408 2,844 23,086 891,812 1.6

IAN M. REID

Board/Committee Membership

Attendance (100% Overall)

Board of Directors Audit Committee

7 of 7 6 of 6 4 of 4

Edmonton, Alberta, Canada Age: 67 Director Since: 2011 Independent

GCR Committee (Chair)

17 of 17

Total

Results of 2022 vote: 95.6% for

Mr. Reid is a Corporate Director. He retired from Finning International Inc. in 2008 after a 30-year career, which included 11 years as President of Finning (Canada) Ltd. In addition to the public company directorships set out below, Mr. Reid serves on the Board of Directors of Fountain Tire Ltd., a privately held corporation owned in partnership with Goodyear Canada, as well as on the Board of Directors of Associated Engineering. He served as the Chair of the Board of Governors of the Northern Alberta Institute of Technology from 2003 until 2007, and has been a member of numerous other community and industry associations. Mr. Reid received a Bachelor of Commerce from the University of Saskatchewan and is a graduate of the Advanced Management Program at Harvard Business School.

Other Public Company Directorships During the Last Five Years

Role on Current Other Boards and Committees

OceanaGold Corporation (2018 – Present)

Governance and Nominations Committee Sustainability Committee (Chair) Technical Committee

Stuart Olson Inc. (2007 – 2020)

-

Equity Ownership

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

13,337

38,762

52,099

1,465,024

2.6

8.4

2022

11,672

33,599

45,271

1,748,819

3.1

10.0

Canadian Western Bank- Management Proxy Circular | 12

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