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John C. Erickson and Joshua Feldman Elected to Bank of Hawaii Corporation Board of Directors

HONOLULU, HAWAII

January 25th, 2019

Bank of Hawaii Corp. (NYSE: BOH) announced that its board of directors has elected John C. Erickson and Joshua Feldman to serve on its board of directors, effective January 25, 2019, until the annual election of directors at the bank’s next annual shareholder meeting on April 26, 2019. With the additions of Erickson and Feldman, Bank of Hawaii Corporation’s board of directors increases from 12 to 14.

John C. Erickson worked with Union Bank in California for 31 years until 2014. His tenure included over six years as vice chairman, serving as chief risk officer and chief corporate banking officer during that time. Erickson led a wide range of business units, including commercial lending, real estate, deposits, capital markets and wealth management, after his time leading enterprise-wide risk management efforts. From 2014 to 2016, Erickson was a director of Zions Bancorporation, a financial services company with total assets exceeding $65 billion. During his time with Zions, he served as chairman of the board Risk Oversight Committee and as a member of the Audit Committee.

Erickson currently serves on the board of Luther Burbank Corporation., a publicly traded financial services holding company with over $6 billion in assets. He is a member of both its Audit & Risk Committee and Compensation Committee. Erickson earned a bachelor’s degree with an emphasis in economics and a master’s degree with an emphasis in finance from the University of Southern California.

Erickson serves on Bank of Hawaii’s Audit & Risk Committee and Nominating & Corporate Governance Committee.

Joshua Feldman is president and CEO of Tori Richard Ltd., a manufacturer, wholesaler and retailer of resort apparel, licensed apparel products, private label clothing and uniforms, which was established in Honolulu in 1956. Under his leadership, he created the company’s retail division, TR Retail LLC, which operates 16 points of retail in the state; relaunched the women’s division; acquired Kahala Sportswear from Minami Sport-Local Motion of Japan; and most recently, in 2016, formed the company’s newest division, Licensed Concept Stores, now with 14 licensed storefronts on the U.S. East Coast. Company products are also sold in approximately 1,500 better specialty and department store locations throughout the world.

Feldman began working for Tori Richard in 1994, and succeeded his father as president and CEO in 2004. Feldman graduated magna cum laude with a bachelor’s degree from the University of California at San Diego. He serves on the boards of the Honolulu Museum of Art and Bikeshare Hawaii.

Feldman serves on Bank of Hawaii’s HR & Compensation Committee and Nominating & Corporate Governance Committee.

“On behalf of Bank of Hawaii, I am delighted to welcome John and Joshua to our board,” said Peter Ho, chairman, president and chief executive officer of Bank of Hawaii Corp. “Both are well-respected in their fields and their skills, expertise and extensive accomplishments add to and complement our current board.”

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