Central Pacific Financial Investor Presentation Deck

Residential Mortgage Strength HAWAII RESIDENTIAL MARKET Housing prices continue to be very strong with median price of $1.1 million In 000s While demand has cooled slightly, properties continue to move quickly with median days on market at 11 days $1,200 $1,100 $1,000 $900 $800 $700 $600 $500 OAHU SINGLE FAMILY HOME MEDIAN SALES PRICE $1.1 Million +11.6% YOY 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Jul-22 Central Pacific Financial Corp. CPB RESIDENTIAL MORTGAGE LEADER Over 60% of production is purchase mortgages; less reliance on refinance market ● ● ● Lead lender on many large residential development projects Unique mortgage broker joint-venture model 11 7

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