Mr. Chris Williams reports

CWB TO ANNOUNCE THIRD QUARTER 2023 RESULTS ON SEPTEMBER 1, 2023

Canadian Western Bank (CWB Financial Group) will release its third quarter 2023 results on Sept. 1, 2023, at approximately 7 a.m. Eastern Time and CWB management will host a conference call with analysts on the same day at 10 a.m. ET. A copy of the news release, supplemental financial results and conference call presentation will be available in the investor relations section of the bank's website.

Analyst conference call dial-in numbers:   416-764-8688 (Toronto) or 1-888-390-0546 (toll-free)

Conference ID:   74770285

A conference call replay will be available until 11:59 p.m. ET on Friday, Sept. 8, 2023.

Replay dial-in numbers:   416-764-8677 (Toronto) or 1-888-390-0541 (toll-free)

Passcode:  770285 followed by the number sign

Analysts who would like to pose questions and who have not been previously prequalified should call Chris Williams, AVP, investor relations, at 780-508-8229.

About Canadian Western Bank (CWB Financial Group)

CWB Financial Group is the only full-service bank in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. CWB provides its nationwide clients with full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. Clients choose CWB for a differentiated level of service through specialized expertise, customized solutions and faster response times relative to the competition. CWB's people take the time to understand the bank's clients and their businesses and work as a united team to provide holistic solutions and advice.

As a public company on the Toronto Stock Exchange, CWB trades under the symbols CWB (common shares), CWB.PR.B (Series 5 preferred shares) and CWB.PR.D (Series 9 preferred shares). CWB is firmly committed to the responsible creation of value for all its stakeholders and its approach to sustainability will support the bank's continued success.