Central Pacific Financial Investor Presentation Deck

Solid Low-Cost Core Deposit Portfolio $ Millions 7,000 6,500 CAGR 6.8% mill 6,000 5,500 5,000 4,500 4,000 2016 ● Total Deposits 2017 Central Pacific Financial Corp. 2018 2019 $6.6B @ 0.06% avg cost 2020 2021 202022 Savings & Money Market 33% Deposit Portfolio Composition as of June 30, 2022 Time 10% Noninterest Bearing Demand 35% Interest Bearing Demand 22% Strong deposit portfolio consisting of 93% core deposits and a total deposit cost of just 0.06% in the 2Q 2022 Deposit repricing betas anticipated to be low. Betas were just 13% in the prior Fed tightening cycle (2016-2019, excludes government time deposits) DU DO DO DO DO DO DO Dg DO 11

View entire presentation