On January 24, 2020, the Human Resources and Compensation Committee of the Bank of Hawaii Corporation approved the material terms of separation agreements with Mr. Kent T. Lucien, Vice Chairman and Chief Strategy Officer and Mark A. Rossi, Vice Chairman, Chief Administrative Officer, General Counsel and Corporate Secretary in connection with their respective retirements from the Company. Mr. Lucien’s retirement date is set for April 24, 2020 and Mr. Rossi’s retirement date is set for July 1, 2020.