Company: BOH
Filing Date: 2025-06-27
Form Type: 11-K
Source: 0000046195-25-000013
Chunk: 6

Company: BANK OF HAWAII CORP
Filing Date: 2025-06-27
Form: 11-K
Chunk 6
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 is significant to the fair value measurement. Our assessment of the significance of an input requires judgment and considers factors specific to the instrument.

The following describes the valuation techniques and inputs used for each major class of assets measured at fair value.

Mutual funds: Valued at the daily closing price as reported by the fund. Mutual funds held by the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily net asset value (“NAV”) publicly. The mutual funds held by the Plan are deemed to be actively traded.

Common stock: Valued at the closing price reported on the New York Stock Exchange on which the individual security is traded.

Collective trust valued at NAV: Valued at the NAV reported by the fund on a daily basis. These are deemed to have a readily determinable fair value because the investments are equity securities in a structure similar to a mutual fund in which the fair values per unit are determined and published and are the basis for current transactions. The daily NAV is available to participants of the Plan and participants are allowed to make daily redemption requests at the current NAV. Also, included are collective trust funds that are valued at the NAV of units held by the Plan at year-end. This NAV, as provided by the issuer of the fund, is used as a practical expedient to estimate fair value. This NAV is based on the fair value of the underlying investments held by the fund less its liabilities.

7

#### 3. Fair Value Measurements (continued)
The following tables set forth, by level within the fair value hierarchy, the Plan’s assets at fair value:

Assets Measured at Fair Value as of December 31, 2024:

| (Dollars in Thousands)            |     | Quoted Prices in Active Markets for Identical Assets (Level 1) |         |     | Significant Other Observable Inputs (Level 2) |   |     | Significant Unobservable Inputs (Level 3) |   |     | Total |         |
|:----------------------------------|:----|:---------------------------------------------------------------|--------:|:----|:----------------------------------------------|:--|:----|:------------------------------------------|:--|:----|:------|--------:|
| Mutual funds                      |     | $                                                              | 503,125 |     | $                                             | — |     | $                                         | — |     | $     | 503,125 |
| Common stock                      |     |                                                                |  27,581 |     |                                               | — |