Company: ASB
Filing Date: 2025-03-17
Form Type: DEF 14A
Source: 0000007789-25-000025
Chunk: 18

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-03-17
Form: DEF 14A
Chunk 18
---
 Enterprise Risk Committee include oversight of the enterprise-wide risk management framework of

Associated, including the strategies, policies and practices established by management to identify, assess, measure and manage

significant risks. The Enterprise Risk Committee, through its oversight of the lending policy and risk assessment, is also

responsible for reviewing and approving certain components of the sustainability program, which may include risk assessment,

lending policy, data privacy and security, fair lending, and community development and CRA-related programs, climate change

and carbon emissions, natural resources, environmental risk management, environmental and social lending policies, charitable

giving and consumer practices.

Trust Committee

The functions of the Trust Committee include the supervision of the trust and fiduciary activities of Associated Bank, National

Association and Associated Trust Company, National Association to ensure the proper exercise of their trust/fiduciary powers.

15

| SEPARATION OF BOARD CHAIRMAN AND CEO |

Associated’s Amended and Restated Bylaws and Corporate Governance Guidelines require the separation of the positions of Chairman of the Board and CEO. Currently, Mr. Williams serves as Chairman of the Board and Mr. Harmening serves as CEO. Separating the roles allows Mr. Harmening to focus solely on his duties as the CEO. Separation of these roles also promotes risk management, enhances the independence of the Board from management and mitigates potential conflicts of interest between the Board and management.

| DIRECTOR NOMINEE RECOMMENDATIONS |

The Corporate Governance and Social Responsibility Committee will consider any nominee recommended by a shareholder as described in this section under the same criteria as any other potential nominee. The Corporate Governance and Social Responsibility Committee believes that a nominee recommended for a position on the Board must have an appropriate mix of experience, diverse perspectives, and skills. Qualifications for nomination as a director can be found in the Corporate Governance and Social Responsibility Committee Charter. At a minimum, the core competencies should include accounting or finance experience, market familiarity, business or management experience, industry knowledge, customer-base experience or perspective, crisis response, leadership, and/or strategic planning. A shareholder who wishes to recommend a person or persons for consideration as a nominee for election to the Board must send a written notice by mail, c/o Corporate Secretary, Associated Banc-Corp, 433 Main Street, Green Bay, Wisconsin 54301, that sets forth (1) the name, age, address (business and residence) and principal occupation or employment (present and for the past five years) of each proposed nominee; (2) the number of shares