Mr. Chris Williams reports

CWB MANAGEMENT PROXY CIRCULAR FOR 2024 NOW AVAILABLE

Canadian Western Bank has mailed its notice of annual meeting of common shareholders and management proxy circular to common shareholders. The circular has been filed with securities regulators and is available on-line.

The circular contains information about Canadian Western Bank's annual meeting, which will be held in person on April 4, 2024, at 1 p.m. MT, including information regarding exercising voting rights on the election of the bank's board of directors, the appointment of the bank's auditor and an advisory vote on the approach to executive compensation.

To learn more about the bank's performance in 2023, and how it is creating value for its investors, its clients and its people, please refer to its 2023 annual report on-line.

About Canadian Western Bank

Canadian Western Bank is the only full-service financial institution in Canada with a strategic focus to meet the unique financial needs of businesses and their owners. The bank provides nationwide full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. The bank's teams deliver a uniquely pro-active and differentiated level of service to clients in targeted industries where the bank has deep expertise. Clients choose Canadian Western Bank for its highly personalized service, specialized expertise, customized solutions and faster response times.

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