Company: BOH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000950170-25-039381
Chunk: 29

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 29
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 COVID-19 pandemic, which included ensuring the necessary provisions for managing the cybersecurity and information security risks associated with remote work. The Board devotes significant time and attention to the oversight of cybersecurity and information security risk, and benefits from the technical expertise of certain of its members. In particular, the Board and Risk Management Committee each receive regular reporting on cybersecurity and information security risk. At least quarterly, the Risk Management Committee receives an operational risk update that includes a review of cybersecurity and information security risk. Our Board reviews and approves our Information Security Policy annually and frequently receives presentations on and discusses cybersecurity and information security risks, industry trends and best practices.

| BANK OF HAWAI'I  •  2025 PROXY STATEMENT | 25 |

| PROPOSAL 1: ELECTION OF DIRECTORS |

COMMUNITY STEWARDSHIP Support for Small Businesses Bank of Hawai ' i continued to support small businesses with the SBA 504 Program, a commercial real estate financing program for owner-occupied properties that allows small business borrowers to preserve working capital by requiring only a 10% down payment on purchase transactions. In Saipan, 2024 marked the 13th year of the I Kinometi Para I Kumunidåt I Islå-ta Grants, Bank of Hawai‘i’s small business and revitalization and development grants. Five grants of up to $5,000 each are awarded annually to support new and existing small businesses as a means of giving back to the community. Since its inception in 2012, $325,000 has been awarded to 65 small businesses. One of the 2024 grant recipients was Mechille Corporation, a wastewater treatment company that focuses on developing an advanced purification system device that cleans water without chemicals. This focus brings a safer and more effective way to manage waste, contributing to a cleaner and healthier environment. This grant has greatly helped in promoting their innovative V-31 Purification Device and has raised awareness of their efforts in delivering advanced septic solutions to the Commonwealth of The Northern Marianas. Philanthropy and Volunteering to Sustain Our Community The Company, and its exceptional people, demonstrate their generosity and respect throughout the year by supporting many different causes. Bank of Hawai ' i, its employees, and the Foundation contributed to many community and philanthropic causes in 2024. Kōkua for Community Bank of Hawai'i’s Live Kōkua Giving Campaign is the Company’s biggest annual employee-giving event. During the 2024 campaign, employees raised funds in partnership with