Investor Presentaiton

Construction Lending Overview 2%208% 6% 1% 23% 29% HomeStreet Seattle Metro Puget Sound Other WA Other Portland Metro Hawaii California Utah Idaho OR Other Other: AZ, CO Geographical Distribution (Balances) 43% Ο Multifamily 14% 14% 18% 15% 15% 35% 10% 16% 3% 3% 4% 32% 4% 86% 3% 9% CRE Residential Construction Land and Lots 19% 6% 34% 46% Custom Home Construction ⚫ 12 Month Term • Consumer Owner Occupied • Borrower Underwritten similar to Single Family • Balance: $153M • Unfunded Commitments: $134M . % of Balances: 29% % of Unfunded Commitments: 24% • Avg. Loan Size: $518K Largest Dollar Loan: $2.0M [ • 18-36 Month Term • ≤ 80% LTC • Minimum 15% Cash Equity ≥ 1.20 DSC • Portfolio LTV ~ 32% • Liquidity and DSC covenants • Balance: $37M Loan Characteristics • 18-36 Month Term • ≤ 80% LTC • Minimum 15% Cash Equity • ≥ 1.25 DSC • ≥ 50% pre-leased office/retail • Portfolio LTV -53% • Liquidity and DSC covenants 12-18 Month Term LTC: 95% Presale & Spec Leverage, Liquid. & Net Worth Covenants as appropriate • Portfolio LTV ~ 71% 03/31/22 Balances Outstanding Totaling $528 Million • Unfunded Commitments: $137M • % of Balances: 7% • % of Unfunded Commitments: 25% • Avg. Loan Size: $3.7M Largest Dollar Loan: $12.5M • Balance: $14M Unfunded Commitments: • $3M • % of Balances: 3% ⚫% of Unfunded Commitments: 1% • Avg. Loan Size: $6.8M • Largest Dollar Loan: $11.7M ⚫ Balance: $242M • Unfunded Commitments: $251M % of Balances: 46% ⚫% of Unfunded Commitments: 45% Avg. Loan Size: $402K Largest Dollar Loan: $13.9M Construction lending is a broad category that includes many different loan types, which possess different risk profiles. HomeStreet lends across the full spectrum of construction lending types. Additionally, our expansion into additional markets has provided an opportunity to increase geographic diversification • 12-24 Month Term • ≤50%-80% LTC • Strong, experienced, vertically integrated builders • Portfolio LTV ~ 65% • Balance: $82M • Unfunded Commitments: $29M % of Balances: 15% • % of Unfunded • Commitments: 5% Avg. Loan Size: $932K Largest Dollar Loan: $4.2M p. 24

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