Bank of Hawaii Investor Presentation — January 2022

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Supplemental Information

1Specific Industry Summary

As of December 31, 2021

(1) Amounts exclude PPP loans and net deferred fees/costs

(2) Criticized includes all performing and non- performing loans risk rated Special Mention, Substandard and Doubtful

(3) Services industry includes, but is not limited to: Landscaping, Computer Services, Day Care, Community Housing and Dry Cleaning

2($ in millions) Loans with Accruing Loans

Total Balance A ctive Payment 30+ Days Non-Performing % of Portfolio PPP

Industry Commitments(1)Outstanding(1)Accommodation Past Due Loans Criticized(2)Loans

Hotels $389 $382 $0 0.00% 2.05% 9% $6

Restaurants $174 $165 $0 0.05% 0.71% 6% $42

Services(3)$413 $248 $0 0.15% 1.51% 4% $23

CRE Investment- Office $846 $785 $0 0.00% 0.01% 0% $0

CRE Investment- Retail $1,429 $1,371 $0 0.01% 0.04% 0% $0

CRE Investment- Multifamily $729 $630 $0 0.00% 0.05% 0% $0Allowance for Credit Losses – Q4 2021 Change

•Slight in crease in Q4 2021 ACL was mainly driven by the growth in loan portfolio balances in combination with the

quarterly updates to qualitative adjustments. These increases were partially offset by continued improvement in projected

near-term economic variables used in the allowance for credit losses models .

$107.9 $109.1 ($1.1 )$4.3 $4.1

ACL 9/30/21 Change in individual

reservesChange in qualitative

factorsChange in portfolio

balances and mixChange in economic

forecastChange in other factors ACL 12/31/21Allowance for Credit Losses – Full Year Change

•During 2021, ACL declined by $56.3 million primarily driven by significant improvement in economic conditions during the