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Investor Presentaiton

| Overview of Merger with Northmark Bank ā—‰ Transaction Rationale Strategic expansion into attractive, affluent North Andover, Andover and Winchester markets through a combination with a high-quality local bank Financially compelling transaction Approximately 5.8% accretive to Cambridge 2023 earnings per share (1) Low integration and execution risk, reflecting cultural compatibility Asset-sensitive through both low-cost long- term deposit base and sizable cash position Affluent Markets of Operation (3) Winchester and Andover are among the most affluent markets in Greater Boston $104 $93 $94 Boston-Cambridge-Newton Manchester-Nashua MSA MSA CAMBRIDGE BANCORP $191 $136 $72 Portsmouth, NH Winchester, MA Andover, MA National Avg. NORTHMARK BANK Announced Transaction Overview Announcement Date: Transaction Value (2): Price/Tang. Book Value (2). Price / LTM Core Earnings per Share (2): 2023 EPS Impact (1): Tang. Book Value Impact: Tang. Book Value Earnback (Crossover): Northmark Profile (4) 5/23/2022 Headquarters: North Andover, MA $63 mm Founded: 1987 118% Assets: $428 mm 11.2X Gross Loans: $316 mm 5.8% Accr. Deposits: $365 mm 1.7% Dil. 2.25 Years Common Equity: $55 mm LTM Net Income: $3.9 mm CAMBRIDGE BANCORP 20 (1) Based on mean consensus analyst earnings estimates for 2023 as of May 23, 2022. (3)Data as of June 30, 2021; HHI data is not available for North Andover, MA. (2) Based on CATC closing price of $79.94 as of May 20, 2022. (4) Northmark Bank information as of June 30, 2022.
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