Investor Presentaiton

Commercial Real Estate Statistics CRE ($11.2 Billion; 25% of Total Loans) 29% 15% 21% 35% ■ Hotel ■ Office Other CRE - Investor Other CRE - OO Asset Quality ($B) 3/31/23 Special Mention % Sub-Std % Office ($2.5 Billion; 5% of Total Loans) . . • Primarily shorter-term bridge loans for repositioning or redevelopment projects Strong sponsorship from institutional equity and large regional and national developers • All direct relationships generated by WAL Significant up-front cash equity required from. sponsors Conservative loan-to-cost underwriting Average LTV < 55%; Average LTC ~62% No junior debt/mezzanine Largely suburban exposure in "Work From Home" MSAs • <15% in San Fran. / Bay Area, Seattle, and NYC Limited exposure to Downtown / Central Business Districts (CBDs) Hotel $4.3 ($3.9 - CRE Inv.) 0.2% 4.9% Office $2.5 (~$2.4 - CRE Inv.) 2.6% 1.5% WA Western Alliance BancorporationⓇ 28 28

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