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Vision 2025

Balanced Interest Rate Risk Interest Rate Risk is well managed and skewed toward the upside in the current environment given asset sensitivity -50% -40% -30% -20% -10% 0% Change in NPV (%) 0.25% 0.20% 0.15% 0.10% 0.05% Net Interest Margin Sensitivity vs. Base Case - Up500 Up400 0.00% Up300 Year 1 Year 2 Year 3 -0.05% -0.10% -0.15% 10% -0.20% Base Up 100 Up 200 Up 300 Up 400 FY 2017 ■FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 IRR measures as of Dec 31, 2022: . Net Interest Income (NII) would increase by .44% in +200 bps immediate and parallel shock Net Portfolio Value after +200bps shock is 23% lower ($662mm) and at $2.17 billion would be 11.2% of total assets Scenarios assume no management actions taken. Flattening/inverted rates with short term up more than long term would result in a larger negative affect. WaFd Bank Up200 Up100 22 22

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