Bank of Hawaii Corporation is pleased to offer a Dividend Reinvestment and Stock Purchase Plan to our shareholders. The plan provides a simple, cost effective and convenient way to invest cash dividends and purchase additional BOHC stock.

You will not have to pay any commissions for reinvesting dividends or purchasing additional shares of common stock through optional cash purchases under the Plan because you will purchase your common stock directly from BOHC. There are, however, commissions and service charges for using other Plan services, including if you sell shares from the Plan.

If you currently participate in the Plan, you will remain enrolled in the Plan and you do not have to do anything unless you want to end your participation, change your elections or change your direct debit amounts for optional payments. If you are not a participant in the Plan but are eligible to join, you may become one by completing an authorization form and returning it to Computershare Trust Company, N.A., which administers the Plan. You may request the form by calling 1-888-660-5443 or you may enroll in the Plan by visiting their Investor Center website at Computershare.com.

For more information, review the Plan Prospectus or visit the plan’s administration website.