#1November 13, 2022 Seattle, WA WaFd Bank to Enter California Through the Acquisition of Luther Burbank | Corporation E Santa Rosa, CA#2Forward Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 regarding the financial condition, results of operations, business plans and the future performance of Washington Federal, Inc. ("WAFD") and Luther Burbank Corporation ("Luther Burbank"). Words such as "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "projects," "could," "may," "should," "will" or other similar words and expressions are intended to identify these forward-looking statements. These forward- looking statements are based on WAFD's and Luther Burbank's current expectations and assumptions regarding WAFD's and Luther Burbank's businesses, the economy, and other future conditions. Because forward-looking statements relate to future results and occurrences, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Many possible events or factors could affect WAFD's or Luther Burbank's future financial results and performance and could cause actual results or performance to differ materially from anticipated results or performance. Such risks and uncertainties include, among others: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the Merger Agreement, the outcome of any legal proceedings that may be instituted against WAFD or Luther Burbank, delays in completing the transaction, the failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction) and shareholder approvals or to satisfy any of the other conditions to the transaction on a timely basis or at all, the possibility that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies or as a result of the strength of the economy and competitive factors in the areas where WAFD and Luther Burbank do business, the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events, diversion of management's attention from ongoing business operations and opportunities, potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction, the ability to complete the transaction and integration of WAFD and Luther Burbank successfully. Except to the extent required by applicable law or regulation, each of WAFD and Luther Burbank disclaims any obligation to update such factors or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments. Further information regarding WAFD, Luther Burbank and factors which could affect the forward-looking statements contained herein can be found in WAFD's Annual Report on Form 10-K for the fiscal year ended September 30, 2021, its Quarterly Reports on Form 10-Q for the periods ended December 31, 2021, March 31, 2022 and June 30, 2022, and its other filings with the SEC, and in Luther Burbank's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, its Quarterly Reports on Form 10-Q for the periods ended March 31, 2022, June 30, 2022 and September 30, 2022, and its other filings with the SEC. WaFd Bank 2#3Additional Information Important Information About the Proposed Transaction and Where to Find It In connection with the proposed transaction, a registration statement on Form S-4 will be filed by WAFD with the Securities and Exchange Commission ("SEC") that will include a joint proxy statement/prospectus filed with the SEC to be distributed to the shareholders of WAFD and Luther Burbank in connection with their votes on the Proposed Transaction. INVESTORS AND SECURITY HOLDERS ARE ENCOURAGED TO READ THE REGISTRATION STATEMENT AND JOINT PROXY STATEMENT/PROSPECTUS WHEN THEY BECOME AVAILABLE (AND ANY OTHER DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION OR INCORPORATED BY REFERENCE INTO THE JOINT PROXY STATEMENT/PROSPECTUS) BECAUSE SUCH DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION REGARDING THE PROPOSED TRANSACTION AND RELATED MATTERS. The final joint proxy statement/prospectus will be mailed to shareholders of WAFD and Luther Burbank. Investors and security holders will be able to obtain the documents, and any other documents WAFD has filed with the SEC, free of charge at the SEC's website, www.sec.gov or by accessing WAFD's website at https://www.wafdbank.com/under the "Investor Relations" section. Investors and security holders will be able to obtain the documents, and any other documents Luther Burbank has filed with the SEC, free of charge at the SEC's website, www.sec.gov or by accessing Luther Burbank's website at www.lutherburbanksavings.com under the "About Us/Investor Relations/Financials/SEC Filings" section. In addition, documents filed with the SEC by WAFD or by Luther Burbank will be available free of charge (1) by writing WAFD at 425 Pike Street, Seattle, WA 98101, Attention: Brad Goode or by telephone at (206) 626-8178, or (2) by writing Luther Burbank at 520 Third Street, 4th floor, Santa Rosa, CA 95401, Attention: Bradley Satenberg or by telephone at (844) 446-8201. Before making any voting or investment decision, shareholders of WAFD and Luther Burbank are urged to read carefully the entire registration statement and joint proxy statement/prospectus when they become available, including any amendments thereto, because they will contain important information about the Proposed Transaction, WAFD and Luther Burbank. Free copies of these documents may be obtained as described above. Participants in Solicitation The directors, executive officers and certain other members of management and employees of WAFD may also be deemed to be participants in the solicitation of proxies in connection with the Proposed Transaction from the shareholders of WAFD. Information about the directors and executive officers of WAFD is included in the proxy statement for its 2022 annual meeting of WAFD shareholders, which was filed with the SEC on December 6, 2021. The directors, executive officers and certain other members of management and employees of Luther Burbank may also be deemed to be participants in the solicitation of proxies in connection with the Proposed Transaction from the shareholders of Luther Burbank. Information about Luther Burbank's directors and executive officers is included in the proxy statement for its 2022 annual meeting of Luther Burbank's shareholders, which was filed with the SEC on March 16, 2022. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the joint proxy statement/prospectus regarding the Proposed Transaction when it becomes available. Free copies of this document may be obtained as described above. WaFd Bank 3#4Today's Presenters Brent Beardall President, Chief Executive Officer, and Vice Chairman Vincent Beatty Executive Vice President and Chief Financial Officer Kelli Holz Senior Vice President and Chief Risk Officer Simone Lagomarsino President and Chief Executive Officer Laura Tarantino Executive Vice President and Chief Financial Officer WaFd Bank 4#5Creating a Leading Western U.S. Franchise... Washington Federal, Inc. (NASDAQ: WAFD) upon closing will enter into desirable and fast-growing California metro markets by merging with Luther Burbank Corporation (NASDAQ: LBC), the bank holding company of Luther Burbank Savings, a community bank headquartered in Santa Rosa, California • . • Luther Burbank is a $7.9 billion asset bank, operating in California, Washington, and Oregon through its 11 full service branches and 7 LPOS Top 25 multifamily originator in the US with $1.3 billion in multifamily loan originations in 2021 • The majority of Luther Burbank's multifamily loans are in low- and moderate-income communities, and WAFD intends to continue the commitment to serve these communities Luther Burbank has an “Outstanding" Community Reinvestment Act rating from the FDIC Excellent credit quality that has weathered numerous economic cycles in its 39 year history while simultaneously maintaining profitability Efficient operating platform with a 34% efficiency ratio (1) and 0.80% noninterest expense / average assets for the quarter ended 9/30/2022 Pricing metrics, deal structure, and conservative assumptions are reflective of WAFD's disciplined approach • • . • • Immediately accretive to tangible book value per share, CET1 capital ratio and forward estimated earnings per share Margin expansion opportunities by reducing reliance on high-cost deposits and wholesale borrowing (not factored into the model) Revenue synergy opportunities by enhancing product offerings (i.e. Treasury Management) and lending limits to current customers (not factored into the model) Combined company's goal will be to accelerate Luther Burbank's migration towards a commercial bank balance sheet and a neutral interest rate risk profile over time WAFD is focused on long-term value creation, and believes this is a unique opportunity to purchase a high-quality balance sheet (1) See LBC's Form 8K filed with the SEC on October 25, 2022 for the non-GAAP reconciliation of this measure. WaFd Bank 5#6...Utilizing Technology Initiatives for Long-Term Growth Technology stack at WAFD provides a unique opportunity with Luther Burbank merger • WAFD has invested heavily over the last three years to build differentiating technology . • • Fastest website in US Banking, per Google analytics; the website is your new storefront and speed matters 12% of the visitors today to wafdbank.com are from California, and that's before a physical presence in the state 4.8 star rated mobile app, powered by MXmobile WAFD has built its own proprietary online banking system with unique features which we think will be well-received by LBC clients: . Real-time personal financial statements, integration with Plaid and data cleansing • Debit card self service for lost or stolen cards • Voice authentication using Amazon Lex to allow access to online banking through your voice Online wire transfers (coming February 2023) with multiple layers of authentication including voice authentication Robust Treasury management platform including: . • • Integrated payables & receivables processing Direct file transmissions across multiple formats Consolidated statements & strong user access controls Our strategic plan calls for fewer, larger branches going forward supported by superior technology for our clients Pro forma organization will be well-situated for long-term growth and value creation for both sets of shareholders Complementary business models and similar credit cultures with a priority on fostering a risk-conscious balance sheet • WAFD has the proven playbook to successfully transitioning a thrift bank model into a high-performing commercial bank Use as a platform for growth in attractive California markets . • • Enter California with $5.6 billion in total deposits and with access to over $2 trillion in market deposits in the state of California (1) Enhances multifamily loan origination capabilities Expands commercial banking activities to Northern and Southern California No anticipated branch closures, and minimal reductions in customer-facing employees or team members who directly support these employees Expect to be a seamless integration process due to the simplicity of LBC's current product offerings (1) Deposit data per the FDIC Summary of Deposits as of 6/30/2022. WaFd Bank#7Overview of Luther Burbank Corporation • NASDAQ Listed: LBC Company Headquarters: Santa Rosa, CA • Locations: 10 full service branches in California, 1 full service branch in Washington, 6 loan production offices in California and 1 loan production office in Oregon • • Business Highlights Well-positioned in strategic markets Strict, quality-oriented underwriting and credit monitoring • Maintains a small network of branches with large deposits • Expanding traditional products with newer emphasis on specialty and business deposits Q3 Financial Highlights (1) LBC (11) Branch Footprint D Lynnwood Monroe Sound Edmonds Richmond Shoreline Highlands Washington Sar sa Elk Grove Rohnert Park Vacaville Napa 9 Petaluma Fairfield Paint Novato Vallejo Reyes Goldan Nat Gate Martinez Antioch Concord Stockton Richmond Berkeley Oakland San Francisco Tracy Daly City Sun Pacifica Francisco Northern California Hayward Livermore Pleasanton Union City San Mateo Fremont Redwood City yvale Cupertino Milpitas Kirkland Redmond Silverdale Bremerton Seattle Mercer land Sammamish Shorewood Burien Renton Issaquah North Bend Ventura Kent Covington Santa Clarita Santa Paula Simi Valley Camarillo Oxnard Port Hueneme Thousand Oaks Agoura Hills Burbank endal Southern California The San Gabriel Mountaies Beverly Hi Santa Monica Hawth s Angeles Florence Inglewood Sell Compton Torrance Long Beach Rancho Palos Verdes 0. Rancho Cucamonga Pomona Ontario 37 Fullerton Orange Santa Ana Chino Huntington Beach Mission V # Branch Location Date Established Deposits (1) ($mm) Balance Sheet ($mm) Profitability 1. Santa Rosal Oct. 1983 $1,064.5 Assets $7,922 ROAA (%) 1.10 2. San Rafael Sep. 1996 (3) 559.7 Loans HFI 6,855 ROATCE (%) (2) 12.39 3. Encino Aug. 2007 493.3 Deposits 5,794 Net Interest Margin (%) 2.42 4. Beverly Hills Jul. 2010 385.6 Loans HFI/Deposits (%) 118.3 Efficiency Ratio (%) (2) 33.6 5. Pasadena May 2009 361.3 Capital Ratios Credit Quality 6. Long Beach Jun. 2015 324.9 TCE/TA (%) (2) 8.50 NPAs/Assets (%) 0.05 7. Toluca Lake Jan. 2008 313.4 Leverage Ratio (%) 9.99 ALLL/Gross Loans (%) 0.53 8. Los Altos Aug. 2000 285.8 Total Risk-Based Capital Ratio (%) 19.20 NCOs / Average Loans (%) 0.00 9. San Jose 10. Bellevue Jun. 2012 144.0 Jun. 2018 134.4 (1) Financial data as of or for the quarter ended 9/30/2022. Source: S&P Global and Company Documents. Note: Branch footprint excludes Loan Production Offices. (2) See LBC's Form 8K filed with the SEC on October 25, 2022 for the non-GAAP reconciliation of this measure. (3) Date LBC acquired the branch. 11. El Segundo Specialty Deposits Wholesale Deposits 12. Corporate Office Total Deposits Jan. 2020 91.5 1,295.5 340.5 1,636.0 $5,794.4 WaFd Bank 7#8Why is WAFD Comfortable Buying an $8 billion CA Bank Heading into a Potential Recession? After thorough due diligence, we believe the Luther Burbank loan portfolio is pristine and the yields are reflective of the low risk Markets: Multifamily Residential Loans High barrier to entry for new development; little land to develop Limited supply of new housing High variance between cost to own and rent Deals: Stabilized and seasoned assets Older, smaller properties with rents at/below market levels, catering to lower and middle income renters Sponsors: ➤ Experienced real estate professionals who desire regular income/cash flow streams and are focused on building wealth steadily over time Occupancy Types: Single Family Residential Loans ➤ Both owner-occupied and investor owned Broker Network: ➤ Primarily third party mortgage brokers Organizations: Portfolio lender ➤ Purchase and refinance transactions Underwriting Focus: Debt ratios Loan to value Credit scores Borrower's liquidity and cash reserves Multifamily Portfolio Highlights 1.7 million average loan balance 13.7 average units 57% average loan to value ratio 1.50x average debt service coverage ratio L Single Family Portfolio Highlights $903 thousand average loan balance 64% average loan to value ratio 759 average credit score 0.05% NPAs/Assets 0.06% NPLs/Loans Note: Loan highlights and financial data per LBC's Investor Presentation for the quarter ended 9/30/2022. WaFd Bank 8#9Entrance into Attractive California Metro Markets Top 10 CA MSAs by Population (000s) Indicates MSA LBC operates in Top 10 CA MSAs by 2022- 2027 Population Growth #1 13,208 #2 #6 4,746 4,723 3,363 2,404 1,998 1,020 914 842 783 #6 #8 3.6% 3.1% 3.1% 3.0% 2.7% 2.6% 2.5% 2.5% 2.5% 2.4% Los Angeles San Riverside San Diego Sacramento San Jose Fresno Bakersfield Oxnard Stockton Stockton Sacramento Riverside Merced Fresno Francisco San Francisco Bakersfield San Jose San Diego Vallejo #1 #2 $144,541 Top 10 CA MSAs by Median HHI ($) #6 #9 $127,546 $103,559 $102,032 $101,407 $98,193 $95,078 $93,509 $86,804 $86,239 Top 10 CA MSAs by 2022 - 2027 Median HHI Growth 16.3% #3 #6 #10 15.4% 15.1% 15.1% 15.1% 14.9% 14.7% 14.2% 13.9% 13.8% San Jose San Francisco Napa Santa Cruz Oxnard Santa Rosa Vallejo San Diego Los Angeles Salinas Stockton Yuba City Santa Rosa Santa Cruz Ukiah San Jose Redding Eureka Riverside San Francisco Source: S&P Global. Data as of 6/30/2022. WaFd Bank 6#10WAFD's Loan Growth History $ in millions $10,000 $8,000 $6,000 $4,000 $2,000 $- 2014 New Loan Originations 2015 2016 2017 2018 2019 2020 2021 2022 Mortgage & Consumer Commercial & Industrial (C&I) WaFd Bank Commercial Real Estate Loan Growth $18,000 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $0 2014 2015 2016 2017 2018 2019 2020 2021 2022 Commercial & Industrial (C&I) Commercial Real Estate Mortgage & Consumer 10#11WAFD's Evolution from Thrift to Bank Funding $ in millions $5,979 FY 2007- FY 2022 Non-Time Deposit CAGR: 16.1% $8,577 $10,835 $16,030 2007Y 2012Y 2017Y 2022Y ■Time Deposits Money Market Savings ■Checking Note: Balances as of fiscal year ending September 30. WaFd Bank 11#12Loans Deposits Pro Forma Loan and Deposit Composition WAFD LBC Pro Forma(1) Multifamily 16.1% Consumer & Other 2.5% C&D 13.6% NOO CRE 15.8% $16.3B C&I 10.8% OO CRE 5.5% Yield on Loans: 4.36% Retail Time Res. RE 35.7% Jumbo Time 2.7% Non-interest Bearing 21.0% 17.8% MMDA & Sav. 0.2% $16.0B Multifamily 65.6% Retail Time 26.4% NOW & Other 58.4% Consumer & Other 0.0% C&D 0.3% Res. RE 31.5% Multifamily 30.8% $6.9B OO CRE 0.0% NOO CRE 2.7% NOO CRE 11.8% Yield on Loans: 3.70% Jumbo Time 18.4% Non-interest Bearing NOW & Other 2.5% 3.5% $5.8B Cost of Deposits: 0.42% Source: S&P Global. Loan and deposit data per FR Y-9Cs for the quarter ended 9/30/2022. Does not include purchase accounting adjustments. Cost of Deposits: 0.98% (1) WaFd Bank Consumer & Other 1.8% C&D 9.6% C&I 7.6% $23.1B Res. RE 34.5% OO CRE 3.9% Yield on Loans: 4.16% Jumbo Time 6.8% Non-interest Bearing 16.1% Retail Time 20.1% $22.0 MMDA & Sav. 49.1% MMDA & Sav. 13.2% NOW & Other 43.8% Cost of Deposits: 0.57% 12#13Pro Forma Transaction Highlights $29B Pro Forma Assets Top 50 Nationwide Asset Rank(1) $23B Pro Forma Loans #7 West Coast Deposit Rank(2) Pro Forma Impact(4) 7.9% 2024e TBV Accretive $22B Pro Forma Deposits 1 of Only 2 Deals(³) ✓ Accretive to TBVPS ✓ Accretive to EPS ✓ Accretive to CET1 Attractive Western Region Footprint State Deposit Concentration by State (5) Standalone WAFD Pro Forma WAFD + LBC Total Dep. Dep. ($B) % of Total Dep. % of ($B) Total in State ($B) WA $7.0 44% $7.1 33% $228.3 CA 5.6 26% 2,102.2 OR 3.1 19% 3.1 14% 115.1 AZ 1.6 10% 1.6 7% 225.7 NM 1.3 8% 1.3 6% 45.2 ID 1.1 7% 1.1 5% 45.0 UT 0.8 5% 0.8 4% 110.0 TX 0.6 3% 0.6 3% 1,172.0 NV 0.5 3% 0.5 2% 110.6 Total $15.9 100% $21.6 100% 6 3 EPS Accretion 1.2% 2024e ROAA 14.7% 2024e ROATCE 46.7% 2024e Efficiency Ratio Robust Pro Forma Capital Levels at Close 7.9% TCE / TA 9.0% Leverage Ratio Existing WAFD Branches Branches added through LBC acquisition WaFd Bank 10.7% CET 1 Ratio 13.4% Total Risk-Based Capital Ratio Source: S&P Global and FDIC Summary of Deposits. (1) (4) (5) 123 45 Excludes money center banks and foreign bank subsidiaries. (2) West Coast includes banks and thrifts headquartered in CA, OR, and WA. (3) Compared to publicly disclosed metrics of nationwide bank transactions with deal values between $500 million and $1 billion since 1/1/2017. Per earnings estimates as found on the "Key Assumptions" slide. Deposit data as of 6/30/2022. 13#14Transaction Summary Transaction • Washington Federal, Inc. (WAFD) will acquire 100% of Luther Burbank Corporation's (LBC) outstanding common stock Consideration Mix • 100% Stock (1) Fixed Exchange Ratio • 0.3353 shares of WAFD common stock per share Per Share Merger Consideration • $12.79 total consideration per share of LBC common stock, based on WAFD's closing price on November 11, 2022 Merger Consideration $654 million • Price/TBVPS: 0.97x • Price/2023e EPS (3): 14.8x Implied Metrics(2) • • Pro Forma Ownership Price/2024e EPS (3): 15.4x • Pay-to-Trade Ratio: 0.65x • Core Deposit Premium: (0.5)% • WAFD: 79.2% / LBC: 20.8% Board of Directors Timing & Approval WAFD to expand the size of its Board of Directors by two directors; pro forma board of 12 members • WAFD and LBC shareholder approval Customary regulatory approvals Anticipated to close as early as the second calendar quarter of 2023 (1) Includes 51,155,830 LBC common shares at close. (2) (3) Based on WAFD closing price of $38.15 as of 11/11/2022. Price/earnings multiples based on fiscal year ending September 30. WaFd Bank 14#15Key Assumptions Earnings Assumptions • WAFD's earnings per Street consensus estimates • LBC's earnings per Street consensus estimates less 30% given Luther Burbank's liability-sensitive balance sheet and adjusted for a September 30 fiscal year end Merger Costs • One-time merger expenses: $37.0 million, pre-tax Synergies . • Cost savings estimated at 25% of LBC's 2023 estimated noninterest expense Phased in 50% in 2023 and 100% thereafter Gross credit mark: $36.0 million, or 0.53% of total loans (equal to 1.0x reserve) • Non-PCD loan credit mark: $21.6 million, accreted back into earnings over 4 years using sum-of-years digits PCD loan credit mark: $14.4 million Loan Credit Marks . Interest Rate Marks (pre-tax) Other Assumptions • Due Diligence Establishment of new reserve equal to $14.4 million • Net rate mark (excluding AOCI) of 2.51%, expressed as a percentage of gross loans ($202) million of loans rate mark accreted straight-line over 3.4 years • . ($52) million of securities rate mark (including AOCI) accreted straight-line over 5 years • $37 million (1) of time deposits, brokered CDs, FHLB borrowings, trust preferred securities and senior debt ($59) million of deferred loan fees (pre-tax) accreted straight-line over 8 years Core deposit intangible: 1.0% of LBC's $3.2 billion core deposits, amortized using sum-of-years-digits over 7 years • No estimated annual interchange revenue loss attributable to Durbin Comprehensive financial, legal, regulatory and operational due diligence conducted (1) Amortized in the pro forma financials over a range of 1 to 10 years. WaFd Bank 15#16Illustrative Loan Interest Rate Mark Sensitivity - Impact to Capital The pro forma impact reflects a loan interest rate mark of ($202) million, or (2.95%) of gross Luther Burbank loans; even if rates were to dramatically increase between announcement and close, the pro forma company would remain very well capitalized Pro Forma Capital Ratios at Close Loan Rate Mark (% of 9/30/2022 Gross Loans) Illustrative Scenarios Base Model 1.5x Base Loan Rate Mark 2.0x Base Loan Rate Mark Loan Rate Mark (%) (2.95%) (4.43%) (5.90%) Loan Rate Mark ($mm) ($202) ($303) ($404) TCE/TA 7.9% 7.7% 7.4% Leverage Ratio 9.0% 8.7% 8.5% CET1 Ratio 10.7% 10.4% 10.0% Tier | Risk Based Ratio 12.1% 11.8% 11.4% Total Risk Based Ratio 13.4% 13.1% 12.8% WaFd Bank 16#17Nationwide Bank Transactions: TBVPS, EPS and CET1 Accretion Includes nationwide bank transactions with deal values between $500 million and $1 billion since 1/1/2017 with publicly disclosed TBVPS, EPS and CET1 accretion metrics; data as of the date of this presentation Deal Buyer Target Announce Date Value ($mm) Pay to Trade (x) TBVPS Accretive to: EPS CET1 Number of Accretive Deals: Washington Federal, Inc. 11 32 1 Luther Burbank Corporation 11/13/2022 $654 0.65 ✓ ✓ ✓ 1. Simmons First National Corporation Spirit of Texas Bancshares, Inc. 11/19/2021 581 1.01 X 2. CBTX, Inc. Allegiance Bancshares, Inc. 11/8/2021 858 1.01 X 3. Home Bancshares, Inc. Happy Bancshares, Inc. 9/15/2021 919 0.78 5. United Community Banks, Inc. 8. ---------------- Source: S&P Global. WaFd Bank 4. SouthState Corporation 6. Glacier Bancorp, Inc. 7. Eastern Bankshares, Inc.. WSFS Financial Corporation 9. SVB Financial Group 10. Pacific Premier Bancorp, Inc. 11. FB Financial Corporation 12. CIT Group Inc. 13. WesBanco, Inc. 14. People's United Financial, Inc. 15. Valley National Bancorp 16. OFG Bancorp 17. Banco Bradesco SA 18. Ameris Bancorp 19. CenterState Bank Corporation 20. Union Bankshares Corporation 21. Independent Bank Corp. 22. Veritex Holdings, Inc. 23. People's United Financial, Inc. 24. BOK Financial Corporation 25. Independent Bank Group, Inc. 26. CVB Financial Corp. 27. Pacific Premier Bancorp, Inc. 28. Banco de Credito e Inversiones SA 29. Valley National Bancorp 30. Union Bankshares Corporation 31. South State Corporation 32. PacWest Bancorp 33. Home Bancshares, Inc. 34. Columbia Banking System, Inc. CoBiz Financial Inc. Guaranty Bancorp Community Bank Atlantic Capital Bancshares, Inc. 7/23/2021 542 0.93 ✓ X Reliant Bancorp, Inc. 7/14/2021 517 1.04 Altabancorp 5/18/2021 934 0.85 ✓ Century Bancorp, Inc. 4/7/2021 642 1.43 X Bryn Mawr Bank Corporation 3/10/2021 976 1.10 X Boston Private Financial Holdings, Inc. 1/4/2021 900 0.41 ✓ Opus Bank 2/3/2020 1,000 0.88 X Franklin Financial Network, Inc. 1/21/2020 611. 0.69 ✓ Mutual of Omaha Bank 8/13/2019 1,000 1.52 Old Line Bancshares, Inc. 7/23/2019 500 0.96 X United Financial Bancorp, Inc. 7/15/2019 759 0.70 X Oritani Financial Corp. 6/26/2019 740 0.86 ✓ Scotiabank de Puerto Rico 6/26/2019 550 0.92 X ✓ BAC Florida Bank 5/6/2019 500 Fidelity Southern Corporation 12/17/2018 751 0.94 X National Commerce Corporation. 11/26/2018 850 0.91 X Access National Corporation 10/5/2018 610 1.01 X Blue Hills Bancorp, Inc. 9/20/2018 727 0.53 Green Bancorp, Inc. 7/24/2018 1,000 1.04 X First Connecticut Bancorp, Inc. 6/19/2018 544 0.92 ✓ 6/18/2018 977 1.31 X 5/22/2018 1,000 0.99 X .. 2/26/2018 878 0.91 X Grandpoint Capital, Inc. 2/12/2018 641 0.83 X TotalBank 12/1/2017 528 X USAmeriBancorp, Inc. 7/26/2017 816 1.14 X Xenith Bankshares, Inc. 5/22/2017 701 0.79 ✓ Park Sterling Corporation 4/27/2017 691 0.83 X CU Bancorp 4/6/2017 705 0.98 X X Stonegate Bank 3/27/2017 778 0.60 ✓ Pacific Continental Corporation 1/9/2017 644 1.07 X X 17#18Forbes 2021 BEST BANKS IN AMERICA WaFd Bank m Money BEST BANKS AMERICA'S BEST SOUNDERS FC BANKS 2022 Newsweek $ 3 years in a row! SEATTLE SEAWOLVES EXCLUSIVE BANK OF SOUNDERS FC AND THE SEATTLE KRAKEN This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs and expectations of Washington Federal's management and are subject to significant risks and uncertainties. The forward-looking statements in this presentation speak only as of the date of the presentation, and Washington Federal assumes no duty, and does not undertake, to update them. Actual results or future events could differ, possibly materially, from those that we anticipated in these forward-looking statements.