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Investor Presentaiton

Illustrative 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
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