First Business Financial Services, Inc. · NASDAQ:FBIZ
First Business Financial Services — Shareholder Meeting (April 2020)
16 slides from First Business Financial Services's shareholder meeting presentation, Apr 29, 2020
Slide 1: Welcome
WELCOME The 2020 Annual Meeting of Shareholders will begin on First Business’ Friday, April 24, 2020 at 10:00 a.m. CDT
Slide 2: 2020 Annual Meeting of Shareholders
First Business First Business Financial Services, Inc. 2020 Annual Meeting of Shareholders Friday, April 24, 2020 at 10:00 a.m. CDT
Slide 3: Legal Meeting and Q&A Session
¢ Legal Meeting ¢ Q&A Session * You may submit questions at any time during the meeting by clicking on the messages icon in the upper right corner of meeting center screen as seen in the example below. Questions will be answered during the Q&A Session following the conclusion of the Legal Meeting. s
Slide 4: Rules of Conduct
Rules of Conduct Guidelines for questions: * Questions should relate to the meeting or the company’s business or strategy. * Questions should not: ¢ Be unrelated to the Annual Meeting of the company’s business, operations, or strategy. ¢ Further personal interests that may not be of interest to all
Slide 5: Proposals
Proposals * Election of Directors: ¢ Carla C. Chavarria * Gerald L. Kilcoyne ¢ Ralph R. Kauten * Daniel P. Olszewski ¢ Approve the Employee Stock Purchase Plan. ¢ Approve, on a non-binding advisory basis, the compensation for our named executive officers. ¢ Ratify the appointment of Crowe, LLP as ou
Slide 6: Board of Directors
Board of Directors a< Laurie Benson Mark Bugher Carla Chavarria Corey Chambas Jan Eddy John Harris Ralph Kauten Tim Keane Jerry Kilcoyne Kent Lorenz Dan Olszewski Carol Sanders
Slide 7: Senior Management
Senior Management ry Corey Chambas Jodi Chandler Barbara Conley Mark Meloy President & CEO, FBFS Chief Human Resources Officer General Counsel CEO, First Business Bank t Dave Seiler Ed Sloane Chief Information Officer Chief Credit Officer Chief Operating Officer Chief Financial Officer Dan Ovokaitys
Slide 8: Preliminary Results
Preliminary Results ¢ Elected Directors: ¢ Carla C. Chavarria * Gerald R. Kilcoyne ¢ Ralph R. Kauten * Daniel P. Olszewski ¢ Approved Employee Stock Purchase Plan. ¢ Approved, on a non-binding advisory basis, the compensation for our named executive officers. * Ratified the appointment of Crowe, LLP
Slide 9: Forward Looking Statements
Forward Looking Statements When used in this presentation, and in any other oral statements made with the approval of an authorized executive officer, the words or phrases “may,” “could,” “should,” “hope,” “might,” “believe,” “expect,” “plan,” “assume,” “intend,” “estimate,” “anticipate,” “project,”
Slide 10: COVID-19 Response
COVID-19 Response Employees — Safety and well-being is our #1 priority * Limited lobby hours and transitioned over 90% of our employees to remote work ¢ Regular communication and weekly open Q&A with CEO Clients — Provide proactive and uninterrupted service to our clients ¢ All banking locations rem
Slide 11: 2019 Performance: FBIZ vs. $1B-$4B Peer Group
Cc a = ~ co) oc _ co) Oo Oo ae @ = © a Y) © is) = up — 2019 Performance FBIZ vs. $1B-S4B Peer G $1B-S4B Peer Group Median FBIZ Source: S&P Global Intelligence
Slide 12: Stock Price: 2020 YTD Performance vs. Peer Group
Stock Price FBIZ vs. $1B-S4B Peer Group — 2020 YTD Performance Cumulative Change (%) 120% 9, — —. —“\_ ae 100% —y = —— rw Vi 80% ee ™ Mar 3: Fed cuts FF] 60% rate 50 bp Mar 15: Fed cuts FF _— Sy 40% rate to 0-25 bp April 2: Interim Mar 16: Trump final rule on PPP: 20% issues original 15-day Mar 27:
Slide 13: Credit Performance through the Last Credit Cycle
Credit Performance through the Last Credit Cycle Net Charge-Offs / Average Loans BO $a arrrees Great Recession 2.50 2.00 & 1.50 1.00 0.50 0.00 2007 2008 2009 2010 2011 2012 2013 —FBIZ —U.S. Commercial Banks Source: S&P Global Intelligence
Slide 14: Strengthened Capital Position
Strengthened Capital Position Tangible Common Equity + ALLL / Tangible Assets 12.00 ee 10.00 9.68 8.00 6.07 6.00 % 4.00 2.00 2007. 2008 2009 2010 2011 2012 2013 2014 (2015 2016 2017 2018 2019 0.00 —FBIZ Source: S&P Global Intelligence
Slide 15: Shareholder Questions
Shareholder Questions ¢ You can submit questions electronically by clicking on the messages icon in the upper right corner of your meeting center screen. = 223-366-661 First Business’ FIRST BUSINESS FINANCIAL SERVICES, INC. Meeting Center JANE INVESTOR
Slide 16: Welcome (full text summary)
Welcome The 2020 Annual Meeting of Shareholders will begin on Friday, April 24, 2020 at 10:00 a.m. CDT First Business Financial Services, Inc. 2020 Annual Meeting of Shareholders Friday, April 24, 2020 at 10:00 a.m. CDT Agenda Legal Meeting Q&A Session You may submit questions at any time during the
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