BWB Culture Book 2022

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WELCOME, TO THE FIN ST ENTREPRENEURIAL BANK IN THE TWIN CITIES.

CONTENTS.

Welcome 1 Forward 4 The History of Bridgewater Bank 6 Fast Facts 8 A Letter from Jerry Baack 10 Strategic Leadership Team 12 Board of Directors 14 Who We Are 16 Our Culture 18 Core Values 20 Where We Work 22 Bridgewater Offerings 26 What’s in it for You? 28 How We Work 30 BWB Org. Chart 32

Join us for these Events 34 BWB Perks 36 Your Onboarding 38 Workplace Flexibility 40 Get Involved 42 Your Development 44 General Policies 48

Important note to reader: This document is proprietary in nature and is provided for exclusive use by the Bridgewater Bank team.

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forward.

“The banking industry is stale. It’s regulation on regulation and where ingenuity goes to

meetings and our CEO wearing flip-flops to work isn’t unusual. By the same token, Bridgewater Bank is considered a top-performing bank nationwide, was the first MN bank to complete a successful IPO in 25+ years, has attracted investments from top institutional firms from coast to coast, boasts an award-winning culture and has earned a reputation as a bank that understands our clients’ needs. Out of the 400+ banks in Minnesota, Bridgewater sits among the top 10 by asset size. We’ve disrupted a niche market, and with each milestone, we relish in and celebrate our successes together. This guide reveals what it means to be unconventional, who we are and what makes this place tick. We’re out to prove that serious growth and serious fun can effortlessly coexist. Still reading? I suppose I’ve caught your attention. If you’re lucky enough to work at Bridgewater Bank (also called BWB), you’re probably nodding your head to everything I’ve mentioned. If you don’t work here, I invite you to find out what the rave is all about. P.S. – just for the record, I’ve gotten to know some pretty awesome baby boomers, sans ties, since I took the leap into banking.

die. I don’t even like going to my bank. Aren’t banks managed by baby boomers who walk

around in their crisp Brooks Brothers ties and neatly polished shoes?”

Those were the brutally honest thoughts of my twenty-something self. Although my opinions were quite

biased, stigmas do exist. But that was my life BBB (Before Bridgewater Bank).

Maybe you’re a seasoned banker. Or perhaps a recent grad trying to land on your feet. No matter your

situation, I assume that you – just like everyone else – want to work for a great company. But what about

an unconventional company? What about working with nonconformists who think differently about their

industry? Just like Apple in the world of technology, we consider ourselves early adopters of what makes

banking a bit different in the Twin Cities. And it all started in 2005 with an entrepreneurial vision.

– Anonymous

Bridgewater Bank is a place where an optimistic culture exists, “boss” is basically a banished word, branch

fridges contain an array of craft brews, holiday parties turn into competitive costume contests, sand

volleyball is a summer weekend staple, office pranks are relentless, “Family Feud” happens at all staff

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the history of bwb. ‘05 ‘06 ‘07

‘09

‘10

‘11

‘12

‘13

BWB opens for business in Bloomington, MN

BWB reaches profitability in its third month of operation

$242.0 million in assets

$365.0 million in assets

Implements Entrepreneurial Operating System (EOS)

$410.0 million in assets

$460.0 million in assets

Downtown Minneapolis branch opens for business

Stays profitable

9 team members

Greenwood branch opens for business

$576.0 million in assets

50 team members

‘18

‘19

‘20

‘21

‘14

‘15

‘16

‘17

BWB stock becomes publicly traded on Nasdaq

New Bloomington branch opens for business

Bridgewater Corporate Center opens for business in St. Louis Park

$3.10 billion in assets

$703.0 million in assets

St. Louis Park branch opens for business

First National Bank of the Lakes opens as Bridgewater Bank

$1.61 billion in assets

220 team members

120 team members

St. Paul branch opens for business

$2.0 billion in assets

Signs agreement to acquire First National Bank of the Lakes

$2.90 billion in assets

$1.25 billion in assets

150 team members

100 team members

$930.0 million in assets

75 team members

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Fast Facts. Founded in

nET pROMOTER sCORE

IPO

Ticker Symbol

bRANCH nETWORK

Lending Limit

Corporate Website

iNVESTOR rELATIONS WebsITE investors. bridgewaterbankmn. com

2005

March 2018

Nasdaq (BWB)

Seven branches throughout the Twin Cities

~$20.0 million

bwbmn.com

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a letter from jerry baack. Like you (assuming you have already made the leap), I have a designated seat in this organization. Mine happens to be the visionary seat, which I must say I came to naturally. In 2005, I had a vision to build an entrepreneurial bank that would offer a simple platform where answers came quickly, opportunities were plentiful and the environment was positive and optimistic. I saw the opportunity to build a bank through an extensive network of entrepreneurs who were not only willing to invest but who would also become the Bank’s clients and promoters. I wanted to build a business that wasn’t dominated by one owner but rather where the ownership was diverse and plenty of us had skin in the game. I envisioned a bank where clients would notice a difference, where people would be challenged to grow both professionally and personally and where team members would be appreciated for sharing their skills and rewarded for a job well done. I hoped to create a space where people were passionate about making my vision a reality and where they would know they were making a difference.

lives of so many people. I understood we would provide financing for people looking to invest. I realized we would raise service standards and offer competitive options for saving. What I never anticipated was the thrill and challenge of building something from the ground up (including our state-of-the-art corporate office) and enriching a team of talented folks along the way. Every seat in this organization is important, and none of us can do it alone. The Bank evolves every day, and keeping pace with a growing organization is something we are challenged to do every year. As a BWB team member, you will hear us talk about the right person, right seat. To be successful at BWB, one must Want it, Get it and have the Capacity to do it. The Visionary seat is the job I want and the job I get, and by working together, we have the capacity to build an entrepreneurial bank second to none.

Welcome to the team.

Jerry Baack President & CEO

When I took the risk to invest everything and build a better bank, I didn’t realize how it would enhance the

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sTRATEGIC LEADERSHIP TEAM.

JERRY BAACK President & Chief Executive Officer

JOE CHYBOWSKI Chief Financial Officer

MARY JAYNE CROCKER Executive Vice President & Chief Operating Officer

MARK HOKANSON Chief Technology Officer

NICK PLACE

LISA SALAZAR Chief Deposit Officer

Chief Lending Officer

Leadership: Our People Are Our StRENGTH

JEFF SHELLBERG Executive Vice President & Chief Credit Officer

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Board of Directors.

JERRY BAACK Chairman | President & Chief Executive Officer

LISA BREZONIK

JEFF SHELLBERG Corporate Secretary, Director | Executive Vice President & Chief Credit Officer

TOM TRUTNA

Director | Chief Executive Officer of Salo, LLC

Director | President and Founder of BIG INK

JAMES JOHNSON Director | Franchise Owner of Flagship Marketing Inc., Regional Franchise Developer of Express Services, Inc.

DAVID JURAN

TODD URNESS Director | Shareholder at Winthrop & Weinstine, P.A.

DAVID VOLK

Director | President & Chief Executive Officer of Colliers Mortgage

Director | Principal at Castle Creek Capital

MOHAMMED LAWAL Director | Chief Executive Officer & Principal Architect of LSE Architects, Inc.

Director | Former Senior Vice President & Chief Compliance Officer of Ameriprise Financial, Inc. DOUG PARISH

Leadership: Our People Are Our StRENGTH

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Who We are.

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our culture.

W H A T W E B E L I E V E

W H Y B R I D G E W A T E R ?

Let’s start by explaining what we believe. We believe name tags at work should be outlawed and that freshly-brewed local coffee should be accessible 24/7. We think paddleboarding is better when done together and a fully-stocked beer fridge makes people smile. Our branches aren’t typical brick-and-mortar offices, and our service is regarded as ‘best in class.’ We believe our culture is pretty awesome.

Why does this all matter? We envision a world where banking looks a little different. It boils down to our desire to pioneer what it means to be an unconventional bank. This industry doesn’t have to be monotonous. We shouldn’t be robot bankers. We believe this cause is a noble one because – at the essence of it – banking is a really important part of peoples’ lives. As a team, we’ve quietly grown this bank into one of Minnesota’s largest and attracted a loyal following every step of the way. We’ve disrupted what banking looks like in the Twin Cities, and we have the opportunity to positively impact our clients and their businesses each day. Join the Bridgewater team and you’ll quickly be surrounded by remarkable and nimble people who want to redefine what it means to work in banking. To each of us, this is more than a workplace – it’s a sense of community. This bank is lively, engaging and even evokes a sense of pride. Along our path to building the Finest Entrepreneurial Bank in the Twin Cities, you’ll notice that we never lose sight of what makes this place extraordinary – a steadfast commitment to our people. That’s how we do culture.

Top Workplaces, Star Tribune • 2016 • 2017 • 2018 • 2020 • 2021 • 2022

Best Banks to Work For, American Banker • 2017 • 2018 • 2020

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Core Values.

Our credo is based on five simple beliefs that explain how we do things here. Our Core Values determine how we hire, fire, reward and recognize. We want to work with people who embody these five values. Congratulations, and welcome – you must be one of them.

We strive to provide an exceptional client experience. Teammembers are experts at what they do. No task is too trivial to ensure that each client’s expectation is exceeded and their financial needs met. Creatively we execute and win. We have evolved greatly since our inception, experiencing growth within our business and among ourselves. We embrace challenges and inevitable change. Here, opportunities for personal growth and contribution are endless. When our people soar, our business will fly. Accuracy is the foundation of our business. Our mandate is to get it right the first time. Perfection may not always be a reality, but we own our actions, correct our mistakes and learn from our experiences.

D E D I C AT E D DON’T STOP UNTIL YOU GET IT DONE

Flexibility and action differentiates us from most traditional banks. Our prevailing optimistic culture and absence of hierarchy and politics keeps us looking and feeling like a non-traditional bank.

G R OWTH

U N C O N V E NT I O N A L

IF YOU AREN’T MOVING FORWARD, WHERE ARE YOU GOING?

OUR CLIENTS NOTICE A DIFFERENCE

As entrepreneurs, our clients require quick answers. A timely response backed by expertise can always be expected. We value action and decisiveness and realize that opportunities come to those who act quickly.

R E S P O N S I V E

A C C U R AT E

UNDER PROMISE, OVER DELIVER

IT’S MORE THAN JUST AN EXPECTATION

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Where we Work.

“We believe our corporate office is unlike any banking headquarters in the Midwest, and maybe even the country.” -Jerry Baack, President & CEO

BRIDGEWATER CORPORATE CENTER | 2020 • Centrally located in St. Louis Park • Expansive outdoor plaza and greenspace area • Beer on Tap • Arcade Room • Boutique Fitness Tenant | Discover Strength • Resturaunt Tenant | Hazelwood Food + Drink • Mother’s Rooms

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Where we Work. BLOOMINGTON | 2019

MPLS, UPTOWN | 2016

GREENWOOD | 2006

MPLS, DOWNTOWN | 2013

ST. PAUL | 2018

ORONO | 2016

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Bridgewater Offerings.

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what’s in it for you?

B W B B E N E F I T S

So, you made it through the interview process. You got a glimpse into why employees consider BWB a great workplace. But if you’re left wondering ‘what’s in it for me?’, look no further. We believe our benefits are some of the best in Twin Cities banking. With competitive pay, robust insurance coverage and other great perks, we’ve tailored our benefits package to support you and your family in attaining and maintaining good health and preparing your financial future. Work at BWB more than 30 hours a week? The benefits on page 29 are available to you. For more information on each of the plans, simply refer to the Benefits Summary and Summary Plan Descriptions on BWB on Tap.

401(K) SAFE HARBOR PLAN

PROFIT SHARING

COMPLIMENTARY CHECKING

HEALTH, VISION, & DENTAL INSURANCE

ACCELERATED ADVANCEMENT OPPORTUNITIES

RECOGNITION INCENTIVES

EMPLOYEE REFERRAL PROGRAM

LIFE INSURANCE

DISCOUNTED GYM MEMBERSHIPS

REDUCED INTEREST RATES + FEES ON HOME EQUITY

FLEXIBLE SPENDING ACCOUNTS

LINES OF CREDIT

“Bridgewater’s culture is unlike any I’ve worked in before. There is not a single employee I’ve met who doesn’t love their job and the contributions they make to help grow the Bank. To me, the best part about working here is that we are constantly growing and changing, thereby allowing everyone to take part and contribute on a wide variety of projects.”

COMPETITIVE BONUSES + SALARIES

SHORT + LONG-TERM DISABILITY

HEALTH SAVINGS ACCOUNT

OVERDRAFT PROTECTION (SUBJECTTO CREDIT QUALIFICATION AND LOAN UNDERWRITING)

M I LES TR I STAN I | TECHNOLOGY

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HowWe Work.

E N T R E P R E N E U R I A L O P E R A T I N G S Y S T E M ( E O S )

A L L T E A M M E E T I N G S

In 2010, Bridgewater Bank implemented the Entrepreneurial Operating System (EOS) and never looked back. Known as a set of simple concepts and practical tools to help entrepreneurs obtain their goals, EOS keeps us laser focused on ways to propel the Bank forward. Within no time, terms like Traction, rocks and cascading messages will become common knowledge. With EOS, we continually experience growth and tackle challenges head on.

Our All Team Meetings bring the team together to recognize where we’ve been and where we’re going. With team members across the Twin Cities, this is our chance to assemble together and celebrate our success. Guided by the Strategic Leadership Team, we discuss the Bank’s growth and initiatives. Additionally, nominations and accolades are shared and celebrated. As always, refreshments and hors d’oeuvres are abundant and unconventional twists and turns are to be expected.

T H E B W B E X P E R I E N C E

P E R F O R M A N C E R E V I E W S

Packer fan or not, we can all appreciate Vince Lombardi’s infamous saying, “The achievements of an organization are the results of the combined effort of each individual.” At BWB, we believe that our people are the secret sauce that fuels our growth and financial performance. And it takes a team of talented and dedicated individuals, like you, to keep this ship afloat. But how does it all work? We invite you to familiarize yourself with the org. chart on pages 32-33. The org. chart gives you a clear understanding of the operations behind the Bank’s deposit and loan activity. Think of this as the “behind the scenes tour” of BWB.

At BWB, we use built-in performance review processes throughout the year so that you have opportunities to give and receive feedback. Within the EOS model, each team member has two 555 meetings (four months apart) and one annual review each year. The 555 meeting is a conversation between the manager and direct report that focuses on our five core values, the five “Rocks” (top priorities), and the five key responsibilities of the team member’s role. These practices allow for the performance management process to be collaborative and focused on what’s most important to drive our business forward.

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bwb org. chart

Deposits Funds that are held

Loans Funds that are borrowed

Professional Services

Lending

Client Discovery Referrals + Inquiries + Outreach

Business Services Sales

Professional Services

Deposit Services

Initial Underwriting Underwrite for Loan Approval

Business Services Sales

Consult & Onboard Open Accounts + Offer Products

Credit

Lending

Loan Committee Review Loan Requests for Approval

Deposit Services

Credit

Loan Admin.

Loan Documentation & Closing Prepare Documentation, Review Due Diligence, Close + Book

Deposit Services

Professional Services

Operations

Business Services Sales

Professional Services

Loan Admin.

Lending

Client Support Online & In-Person Banking, Wire Transfers, Etc.

Relationship Management Monitor + Maintain

Deposit Services

Relationship Management Monitor + Maintain

Client Support Loan Modification + Servicing, Etc.

Deposits = Primary Funding Source

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jOIN US FOR THESE eVENTS.

F A M I L Y D A Y E V E N T

H O L I D A Y P A R T Y

Southwest Holiday Fiesta. Speakeasy Soiree. Ugly Sweater Party. You never know what unconventional approach we will take to make our holiday party one for the books, but we can gurantee that it is an event you don’t want to miss.

Hosted each fall, all families are invited to participate in a day filled with family fun. We know many of you have families and appreciate the opportunity to mingle together. Therefore, we created the annual Family Day Event. You never know if it’ll be hosted at an apple orchard, pumpkin patch or where it may be, but you do know it’ll be fun and unconventional.

V O L U N T E E R O P P O R T U N I T I E S

If you like giving back, you’ve come to the right place. There are endless ways at BWB to get involved and impact the greater good. Our calendar of volunteer opportunities always seems to be chock-full. Whether it’s serving lunch at a local homeless shelter or teaching students about financial literacy, there’s an offering for everyone. Our employees donate countless hours, services and goods to the communities we serve every year. It’s pretty inspiring.

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bwb pERKS.

D I V E R S I T Y A N D I N C L U S I O N C O MM I T T E E E M P L O Y E E R E F E R R A L P R O G R A M

E M P L O Y E E A S S I S T A N C E P R O G R A M

Bridgewater stands by the transformative power of diversity and inclusion. The Diversity and Inclusion Committee recognizes that different perspectives enhance our thinking and improve our employees’ experiences day-in and day-out. The Diversity and Inclusion Committee continually strive to create a welcoming environment for all to gather, collaborate and contribute within. E M P L O Y E E A S S I S T A N C E P R O G R A M It’s important to us that our employees have the resources they need to succeed not only in their professional lives, but their personal ones. Our employee assistance program is a work-based intervention program designed to support you with any personal problems – emotional, financial, marital and more. This complimentary service is available to you at any time during your employment at BWB. E M P L O Y E E R E F E R R A L P R O G R A M A large proportion of our employee base has come to BWB through a referral. High-performing people usually have high-performing networks. If you know of someone that woul be awesome for a role at Bridgewater, we’d love to have them in the pipeline. Refer someone who is then hired, and you’ll receive a referral bonus to be paid out at 50% after 3 months and 50% after 6 months, provided that the employee is still employed and in good standing. Like our other policies and programs, this policy may be changed from time to time depending on existing market conditions. Our job openings are posted on our website. D E P O S I T G R OWT H P L A N Even if deposit generation isn’t part of your job description, you can be rewarded for referring clients to the Bank. Know of family or friends that might appreciate BWB’s unconventional banking style? Encouraging them to make the switch is a win-win for everyone. With our Deposit Growth Plan, you will be rewarded for your efforts with a quarterly payout. To get started, you’ll need a BWB deposit account.

It’s important to us that our employees have the resources they need to succeed not only in their professional lives, but their personal ones. Our employee assistance program is a work-based intervention program designed to support you with any personal problems – emotional, financial, marital and more. This complimentary service is available to you at any time during your employment at BWB.

V O L U N T E E R T I M E O F F

When we share our banking and finance knowledge with others, everyone wins. Volunteer Time Off is intended to create community engagement opportunities for Bridgewater Bank employees that are meaningful, purposeful and helps those in need. As part of the Volunteer Time Off Policy, all regular full- time employees receive paid time off for up to 16 hours (two days) per calendar year for any volunteer opportunity that falls within the Community Reinvestment Act (CRA) requirements.

More than half of our employee base has come to BWB through a referral. High-performing people usually know high-performing networks. Know of someone that’d be awesome for a role at Bridgewater? We’d

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yOUR oNBOARDING.

D I V E R S I T Y A N D I N C L U S I O N C O MM I T T E E A M B A S A D O R P R O G R A M

N E W H I R E N E TW O R K I N G O P P O R T U N I T I E S

Bridgewater stands by the transformative power of diversity and inclusion. The Diversity and Inclusion Committee recognizes that different perspectives enhance our thinking and improve our employees’ experiences day-in and day-out. The Diversity and Inclusion Committee continually strive to create a welcoming environment for all to gather, collaborate and contribute within. E M P L O Y E E A S S I S T A N C E P R O G R A M It’s important to us that our employees have the resources they need to succeed not only in their professional lives, but their personal ones. Our employee assistance program is a work-based intervention program designed to support you with any personal problems – emotional, financial, marital and more. This complimentary service is available to you at any time during your employment at BWB. E M P L O Y E E R E F E R R A L P R O G R A M Your first day should be memorable. That’s why we pair you with someone to help you get acclimated to your new workplace. Enjoy lunch and good convo with your BWB ambassador. What’s more, they’re available to answer any lingering questions after your first day. Where’s the best place to park? Does the café down the street have good food? Your ambassador is your go-to. B W B U N I V E R S I T Y ( B W B U ) Think of it as “BWB 101,” an entry level crash course with no prerequisites required. Hosted each trimester, BWBU provides new hires with the opportunity to learn from functional leaders about their departments. Expect to hear a brief overview of how each team contributes to the Bank’s growth and keeps us moving forward. In true BWB fashion, you can expect fun networking with your BWB team members to follow.

An important part of our culture is knowing our team beyond email exchanges. That’s why we regularly host internal networking opportunities to get to know each other, including new hire lunches and breakfasts with the Strategic Leadership Team. Keep an eye out for calendar invites from the HR team as opportunities arise.

“I was fortunate to start with BWB when the bank was just five months old. Since then, we have experienced a track record of success that is unsurpassed in our industry. BWB recruits and hires tremendously talented individuals who are either the best at what they do or are motivated to be the best. Each brings positive energy to their positions each and every day, creating a culture of excitement and dedication to being the Twin Cities’ best bankers.”

TOM JOHNSON | LEND I NG

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Workplace Flexibility. The dedication and responsiveness of our team members allow BWB to exercise trust in our team. In 2021, we implemented a more flexible work environment. Each role at BWB has been reviewed thoughtfully based on our objectives of attracting and retaining top talent, fueling our amazing culture and putting our clients first. In light of this, our roles fall into the following buckets:

There are some requirements for being in-person while onboarding as a new hire, as well as being in-person for various meetings. Talk to your manager and read the full Flexible Work Environment guidebook on BWB on Tap for more info.

PEOPLE MANAGER/ HYBRID-ELIGIBLE

“Bridgewater empowers us to build on our strengths. If you want to learn or grow in an area, they will pave the path to your success. You never know exactly where the path may take you, but the ride here is filled with immense care.”

HYBRID-ELIGIBLE

may work remotely 2 out of 5 days per week

may work remotely 1 out of 5 days per week

MAHLET ASCHENAK I (MK ) | DEPOS I T SERV I CES

LIMITED FLEXIBILITY

FULL-TIME CLIENT-FACING

may work remotely with manager approval, on occasion as needed

works on-site full-time

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gET iNVOLVED.

D I V E R S I T Y A N D I N C L U S I O N C O MM I T T E E I S I T Y E Q U I T Y & I N C L U S I O N C O M M I TT E E

M E N T O R S H I P P R O G R A M

Bridgewater stands by the transformative power of diversity and inclusion. The Diversity and Inclusion Committee recognizes that different perspectives enhance our thinking and improve our employees’ experiences day-in and day-out. The Diversity and Inclusion Committee continually strive to create a welcoming environment for all to gather, collaborate and contribute within. E M P L O Y E E A S S I S T A N C E P R O G R A M It’s important to us that our employees have the resources they need to succeed not only in their professional lives, but their personal ones. Our employee assistance program is a work-based intervention program designed to support you with any personal problems – emotional, financial, marital and more. This complimentary service is available to you at any time during your employment at BWB. E M P L O Y E E R E F E R R A L P R O G R A M ri t r st s y t tr sfor tive r f i rsit , equity and i clusion. The DE&I Committee recognizes that different persp ctives nhance our thinking and improve our employees’ experiences day in and day out. The DE&I Committee strives to create a welcoming environment in which everyon can gather, collaborate a d contribute. H E A LT H & W E L L N E S S C O M M I TT E E We recognize the impact that health has on our team. That’s why our Health & Wellness Committee works to provide you with offerings and events that focus on prevention, nutrition, fitness and fun. Whether it’s group paddleboarding, fresh fruit at all branches or reduced gym memberships, our wellness perks allow you to bring your best self to work and life outside Bridgewater.

The Mentorship Program is your opportunity to open the door to professional advice and constructive communication. The program provides participants with ways to build leadership skills, learn from others and develop new friendships along the way. Each session, mentees are given a stipend to plan activities to meet and engage with their mentor.

“The entrepreneurial spirit at Bridgewater separates it from all other institutions. We work in an environment where new ideas are greatly encouraged and individual growth is a focus.”

SAM PALM I SANO | F I NANCE

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your development. P R O F E S S I O N A L D E V E L O P M E N T D I V E R S I T Y A N D I N C L U S I O N C O MM I T T E E We develop people by giving them the opportunity to develop themselves. Just when you think you’re done learning at the Bank, you can think again. There’s a short-term and long-term growth opportunity around every corner. Whether it’s through on-the-job training, classes, training sessions or more – Bridgewater is committed to being a partner in your success if you reach for it. We also hire the best in the biz, so you can expect to learn from industry experts who will help you on your career growth journey. It doesn’t matter if you work in Technology or Deposit Services – you’ll be equipped with the tools needed to perform best in your role and contribute to the Bank’s growth. We develop people by giving them the opportunity to develop themselves. Just when you think you’re done learning at the Bank, you can think again. There’s a short-term and long-term growth opportunity around every corner. Whether it’s through on-the-job training, classes, training sessions or more – Bridgewater is committed to being a partner in your success if you reach for it. T R A I N I N G R E Q U E S T S We ask that all training is approved in advance by your manager. Many factors will be taken into account when approving a request including the relevance to your job, the costs involved, time commitment, etc. If you leave BWB within a year of incurring $1,000 or more in training costs, you will be responsible for reimbursing the amount in excess of $1,000. With growth often comes change. If you are interested in other positions at BWB, we welcome you to apply when openings are available if you meet the qualifications for the new role, have been in your current position for at least 12 months and you have satisfactory performance. To apply for an open position, we ask Bridg water stands the transformative wer of diversity and inclusion The Div rsity and Inclusion C mmittee recognizes that differen perspectives nhance ur hinking and imp ove ur em loyees’ experienc s day-i and day-out. The Diversity and Inclusion Committee co ti ually strive to create a welcoming environ ent for all to g the , collaborate and contrib te within. E M P L O Y E E A S S I S T A N C E P R O G R A M It’s important to us that our employees h ve the resources th y need to succeed not only in their professional lives, but their perso al ones. Our employee assis ance program is a work-based int rven on program d signed to support y u with a y personal problems – emotional, financ al, marital and more. This compliment ry serv ce is available to you at any time during your employment at BWB. E M P L O Y E E R E F E R R A L P R O G R A M More than half of our employee base has come to BWB th ugh a r ferr l. High-perf rming people usually know high-performing networks. Know of someone that’d be awesome for a role at Bridgewater? We’d N I KK I E PURV I S | OPERAT I ONS “In my role, a unique approach is necessary to stay in the race. This race to grow in an unconventional way while maintaining accuracy is reflective of a team that gets through construction, speed bumps and the o casional d tour t gether. My favorite part of the day to day experienc is being able t s ow down long enough to celebrate goals, add a personal touch to the client experience and attempt to make a few ‘dreams come true’ in the process. With all of that in mind, I buckle up, look both ways and hit the gas!”

T R A I N I N G A N D D E V E L O P M E N T

BWB reimburses employees for a number of costs associated with training, education and memberships. Many factors will be taken into account when approving a reimbursement request, including the relevance to your job, the costs involved, time commitment, etc. If you leave BWB within a year of incurring $1,000 or more in training costs, you will be responsible for reimbursing the amount in excess of $1,000. With growth often comes change. If you are interested in other positions at BWB, we welcome you to apply when openings are available if you meet the qualifications for the new role, have been in your current position for at least 12 months and have satisfactory performance. To apply for an open position, contact HR and speak with your current manager.

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Your Development.

D I V E R S I T Y A N D I N C L U S I O N C O MM I T T E E P R O F E S S I O N A L D E V E L O P M E N T You will have a broad range of learning opportunities, both formal and informal, which may include the following: Bridgewater stands by the transformative power of diversity and inclusion. The Diversity and Inclusion Committee recognizes that different perspectives enhance our thinking and improve our employees’ experiences day-in and day-out. The Diversity and Inclusion Committee continually strive to create a welcoming environment for all to gather, collaborate and contribute within. E M P L O Y E E A S S I S T A N C E P R O G R A M It’s important to us that our employees have the resources they need to succeed not only in their professional lives, but their personal ones. Our employee assistance program is a work-based intervention program designed to support you with any personal problems – emotional, financial, marital and more. This complimentary service is available to you at any time during your employment at BWB. E M P L O Y E E R E F E R R A L P R O G R A M We d velop people giving them the op rtunity to develop themselves Just wh n you think you’re d ne learning at the Bank, you can hink again. Th re’s a sh rt- erm and long-te m gr wth o portunity around ev ry cor er. Whether it’s through on-the-job training, classes, trai i g sessions or more – Bridgewater is com itted to being pa tner in your success if yo reach for it. T R A I N I N G R E Q U E S T S We ask that all training is approved in adv nce by your manag r. Many factors will be taken into account when approving a request includi g the relevance to your job, he costs involved, time commitm nt, e c. If you leav BWB within a year f incurri g $1,000 or m r in training c sts, you w ll be responsible for reimbursing the mount n excess of $1,000. With growth often comes change. If you are interested in other positions at BWB, we welcome you to apply when openings are available if you meet the qualifications for the new role, have been in your current position for at least 12 months and you have satisfactory pe f rmanc . To pply for an pen position, we ask • Internal department training specific to your role • Mandatory compliance training • Mentorship opportunities • Committee involvement • Seminars/webinars • Conferences • Leadership development opportunities Professional development is a collaborative effort. You and your manager share responsibility in identifying training and development opportunities that will be mutually beneficial to you and the Bank. More than half of our employee base has come to BWB through a referral. High-performing people usually know high-performing networks. Know of someone that’d be awesome for a role at Bridgewater? We’d

“At Bridgewater, you get the opportunity to work with a group of amazingly talented individuals who have chosen to replace personal agendas with common goals and visions that are built around our mission and core values. There is pride and ownership in everything we do, which makes us a high functioning team with no limits. This team together can accomplish goals, milestones, and successes beyond any one individual’s wildest imagination.”

LAURA ESPESETH | F I NANCE

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general policies.

C O D E O F B U S I N E S S C O N D U C T A N D E T H I C S

Q U E S T I O N S ?

You’ve made it to the end of the Culture Book, but if you have lingering questions, head to BWB on Tap or ask your manager.

Bridgewater Bank expects all team members to understand and follow the Code of Business Conduct and Ethics. Please review our policies, including the below, found on BWB on Tap.

• Equal Employment Opportunity • Employees with Disabilities • Employee Dress and Appearance

• Non-Discrimination and Anti-Harassment Policy • Hiring of Relatives/Relationships in the Workplace • Social Media

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B R I D G E W A T E R B A N K C U L T U R E B O O K

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