Glossary
Terms and abbreviations used in the Management Proxy Circular:
AIRB
Advanced Internal Ratings-Based approach for calculating regulatory capital
Bank Act
Bank Act , SC 1991, c 46 (as amended)
Bp
Basis points
Board
Board of Directors of CWB
CEO
Chief Executive Officer
CIO
Chief Information Officer
CFO
Chief Financial Officer
Chair
Chair of the Board or chair of a committee of the Board
Circular
This Management Proxy Circular
Code
CWB Financial Group Code of Conduct: Living our Values
Computershare
Computershare Trust Company of Canada, CWB’s transfer agent
CPCO
Chief People & Culture Officer
CRO
Chief Risk Officer
CWB, us, our, we
Canadian Western Bank CWB and its subsidiaries
CWB Financial Group
CWB Wealth
Wealth management division of CWB Financial Group
DSU
Deferred Share Unit
DSU Plan
Deferred Share Unit Plan
EPS
Earnings Per Share
ERGs
Employee Represented Groups
ESG
Environmental, Social, and Governance
ESPP
Employee Share Purchase Plan
EVP
Executive Vice President
Executive Committee
Committee comprised of the President and CEO, CFO, CPCO, Group Head, CPW, Group Head, CS&SB, CRO, CIO, and EVP, Banking
Fiscal 2022
The fiscal year ended October 31, 2022
FSB
Financial Stability Board
GAAP
Generally Accepted Accounting Principles Governance and Conduct Review Committee Group Head, Commercial, Personal and Wealth Group Head, Client Solutions & Specialty Businesses
GCR Committee
Group Head, CPW
Group Head, CS&SB
GRM
Group Risk Management
Group RRSP
CWB’s Group Registered Retirement Savings Plan
HR Committee
Human Resources Committee Institute of Corporate Directors
ICD
IFRS
International Financial Reporting Standards, as issued by the International Accounting Standards Board
IFRS 9
International Financial Reporting Standards 9 Financial Instruments
Income Tax Act , RSC 1985, c 1 (5 th Supp) (as amended)
Income Tax Act
KPMG
KPMG LLP, CWB’s external auditor
LAP
Loan Adjudication Panel
Largest Canadian Banks
Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, and Toronto-Dominion Bank
LTIP
Long-Term Incentive Program
MD&A
Management ’ s Discussion and Analysis
Meridian
Meridian Compensation Partners, Inc., CWB’s independent compensation consultant
NEO OSFI
Named Executive Officer
Office of the Superintendent of Financial Institutions
Participant
CWB Financial Group employee who participates in the respective plan
PSU
Performance Share Unit
PSU Plan
Performance Share Unit Plan
RSU
Restricted Share Unit
RSU Plan
Restricted Share Unit Plan
SEDAR
System for Electronic Document Analysis and Retrieval
SEVP
Senior Executive Vice President
SIP
Share Incentive Plan
STIP
Short-Term Incentive Program
Supplemental Retirement Plan
Supplemental Retirement Arrangement for CWB senior management
SVP TSR TSX
Senior Vice President
Total Shareholder Return Toronto Stock Exchange
Canadian Western Bank- Management Proxy Circular | 2
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