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Investor Presentaiton

Scalable, Differentiated Deposit Franchise Diversified funding channels provide secular growth trends and reflect long- term relationships 1Q23 Deposit Base 1Q23 Deposit Composition 22% 14% ■Nonint. Bearing DDA ■MMDA & Savings ■Regions 1% 12% 35% Interest Bearing DDA ■CDs ■Mtg WH 7% Tech & Innov. THOA ~48% of NIB DDAS are ECR-related 15% Sttlmt Svcs ■Bus. Escrow Svcs 29% Other 10% 20% $47.6 billion Deposits, Borrowings, and Cost of Funds 35% • Highlights • $47.6 billion in total deposits as of 3/31 typically tied to lending relationships • • > $2 billion of Q2 QTD deposit growth WAL benefits from holding customer's primary relationship Scalable national funding channels, such as HOA, Settlement Services, Business Escrow Services, and Tech & Innovation Core deposits fund balance sheet growth 98% Loan-to-Deposit ratio as of 3/31 • 94% Loan-to-Deposit ratio as of 5/12 35% of total deposits are noninterest- bearing (~48% Earnings Credit Rate-related) ECR-related deposit balances of $13.4 bn 2.27% 0.39% 0.36% 0.30% 0.31% 0.37% 0.64% 0.86% 0.34% 0.25% 0.80% Spot Rate 2.76% · $7.2 $2.4 $16.7 24.3% • $19.7 $1.0 $16.5 CAGR $21.3 $0.4 $0.8 $0.9 $13.4 $0.5 $0.5 $0.4 $0.4 $8.5 $22 $23 $4.1 $5.6 $7.4 $7.5 $33.9 $26.3 $31.1 $6.6 $7.9 $8.9 $9.5 $11.7 $14.3 $18.5 20.3% CAGR $5.6 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1Q23 Non-Interest Bearing Deposits Total Borrowings Cost of Funds Interest Bearing Deposits Dollars in billions WA Western Alliance Bancorporation® · ~59% associated with non-interest bearing accounts Note: Borrowings include customer repurchase agreements; Cost of Funds defined as total expense paid on interest bearing liabilities divided by the sum of average interest- bearing liabilities and average non-interest bearing demand deposits. | 16
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