Associated Banc-Corp (ASB) AGM 2026 summary

Opening remarks and agenda

• Chairman welcomed shareholders, introduced board members, and outlined meeting logistics, including voting and Q&A procedures.

• Confirmed quorum with over 87% of shares represented by proxy at meeting start.

Financial performance review

• Achieved record net income in 2025, with Q1 2026 earnings up 18% year-over-year to $117 million.

• Net interest margin exceeded 3% in 2025, up 50 basis points from 2020.

• Commercial and industrial loans grew by over $4 billion since 2020, with $1.2 billion growth expected in 2026.

• Adjusted efficiency ratio improved by over 700 basis points from 2020 to 2025; ROTCE reached 13.6% in 2025 and above 15% in Q4.

• Net charge-offs remained low at 12 basis points in 2025 and 7 basis points annualized in Q1 2026.

Board and executive committee updates

• Welcomed new board member Wende Kotouc and recognized retiring directors with charitable contributions.

• All nominated directors were re-elected with over 93% of votes cast.