Bridgewater Bancshares BWB

Jerry Baack, Chairman, Chief Executive Officer and Director (since 2005). Committees: N/A. Background: Principal founder of the Company and the Bank, responsible for all aspects of the Bank's formation including initial capital raise, business plan, board and management team structure and recruitment, and regulatory approval. Chairman of the Board and Chief Executive Officer at the Company and the Bank (since 2005). President of the Company and the Bank (2005 - 2024). Over 35 years of commercial banking and regulatory experience. Federal Deposit Insurance Corporation (FDIC). Commerce Bank. First State Bank of Excelsior. Hampton Bank. Marquette University, Advisory Board for the commercial banking program. Recognized in The Minnesota 500 (2019, 2020 and 2022) and in the Twin Cities Business magazine top 100 people to know (2019). Qualifications: B.S., Minnesota State University, Mankato. Graduate School of Banking at Colorado, Boulder.

Joseph Chybowski, President and Chief Financial Officer. Background: President of the Company (since 2024). Chief Financial Officer of the Company (since 2017). Controller at the Company (2013 - 2017). Performance Trust Capital Partners, Chicago (2009 - 2013). Named 2025 Notable Leader in Banking by Twin Cities Business. Named 40 Under 40 honoree by Minneapolis/St. Paul Business Journal (2024). Named Notable Chief Financial Officer by Twin Cities Business (2022). Qualifications: B.S., North Park University, Chicago. Alumnus of the Graduate School of Banking at Colorado, Boulder.

Nick Place, Chief Banking Officer. Background: Chief Banking Officer at the Company (since 2024). Chief Lending Officer at the Company (2015 - 2024). Vice President of Commercial Lending at the Company. With the Company since 2007. Ameriprise Financial (various roles). Wells Fargo (career start in banking). Rethos Places Reimagined, board member. Minnesota Housing Partnership, board member. Qualifications: B.A. and B.S., University of St. Thomas. Alumnus of the Graduate School of Banking at Colorado, Boulder.

Mary Jayne Crocker, Director (since 2026). Committees: N/A. Background: Executive Vice President and Chief Strategy Officer at the Company (2024 - 2026). Executive Vice President and Chief Operating Officer at the Company (2014 - 2024). With the Company since founding (2005). Over 30 years of experience in the financial services industry. Team Women, board member. Merevie, advisory board member. Recognized in BankBeat as one of the Outstanding Women (2024). Recognized as one of the Top Women in Finance in the Twin Cities by Finance & Commerce (2013 and 2020). Qualifications: B.C., McMaster University, Ontario. Alumna of The Institute of Certified Bankers. Mary Jayne Crocker retired from her role as Executive Vice President and Chief Strategy Officer at the Company in February 2026.

Lisa Salazar, Chief Operating Officer. Background: Chief Operating Officer at the Company (since 2024). Chief Deposit Officer at the Company (2019 - 2024). Senior Vice President of Deposit Services and Emerging Products at the Company (prior to 2019). With the Company since 2018. TCF National Bank, National Sales Manager of Treasury (23 years). Over 30 years of experience in the financial services industry. UMACHA, board member. Recognized as a Notable Leader in Banking & Finance by Twin Cities Business (2023). Recognized as one of the Top Women in Finance in the Twin Cities by Finance & Commerce (2021). Qualifications: B.A., Minnesota State University, Moorhead.

4:39 AMDouglas Parish, Director (since 2018). Committees: Audit Committee (Chairperson). Background: Chief Financial Officer at Northern Star Scouting. Senior Vice President and Chief Compliance Officer at Ameriprise Financial, Inc. (2005 - 2017, retired). Vice President and Chief Internal Auditor at Ceridian Corporation. Various audit roles at Citigroup. Over 35 years of experience across accounting, finance, audit, risk management, regulatory compliance and corporate governance. St. Croix Valley Korean American Cultural Society, board member. Qualifications: B.A., St. Olaf College. Certified Public Accountant (CPA).

David Volk, Director (since 2017). Committees: Compensation and Nominating and ESG Committee. Background: Principal at Castle Creek Capital (since 2005). TW Associates Capital, Inc. (associate). Ernst & Young (initial training). California BanCorp, board member. Spend Life Wisely Company, board member. InBankshares Corporation, director (2022 - 2023). Bank of Idaho Holding Company, director (2019 - 2025). Qualifications: B.S., Santa Clara University. M.S., University of Virginia.

Thomas Trutna, Director (since 2005). Committees: Audit and Nominating and ESG Committee. Background: Chief Executive Officer and Founder at Trutna Enterprises, Inc. d/b/a BIG INK (since 1999). General Mills (marketing and business management roles). Periscope (marketing and business management roles). Qualifications: B.S., Minnesota State University, Mankato.

David Juran, Lead Independent Director (since 2010). Committees: Compensation Committee (Chairperson). Background: President and Chief Executive Officer at Colliers Mortgage Holdings LLC and Colliers Mortgage LLC (since 2002). Senior Vice President at a regional investment banking firm (almost 15 years). Colliers Mortgage Holdings LLC, board member. Minnesota Attainable Housing, board member. University of St. Thomas, Board of Trustees. Qualifications: B.S., University of St. Thomas. NASD Series 7 and 53. State Series 63. SEC Series 50.

Mohammed Lawal, Director (since 2020). Committees: Nominating and ESG Committee. Background: Lead Founder, Chief Executive Officer and Principal Architect at LSE Architects, Inc. (since 2011). Over 35 years of experience in design, planning and programming. AIA Minnesota, member. Elevated to AIA College of Fellows (2021). NOMA (National Organization of Minority Architects), member. Friends of the Hennepin County Library, President. Qualifications: Bachelor of Architecture, University of Minnesota. FAIA (Fellow of the American Institute of Architects).

Todd Urness, Director (since 2005). Committees: Compensation Committee. Background: Shareholder at Winthrop & Weinstine, P.A. (since 1988). Board of Directors, senior management and compensation committees at Winthrop & Weinstine, P.A. (since 1993). Practice leader for the real estate group at Winthrop & Weinstine, P.A. Qualifications: B.A., Gustavus Adolphus College. J.D., University of Minnesota School of Law. Certified Public Accountant (CPA). Member of the Minnesota Bar.

James Johnson, Director (since 2005). Committees: Audit and Nominating and ESG Committee. Background: Owner at Flagship Marketing, Inc. (various ownership roles). Regional Franchise Developer at Express Employment International (consulting services across Minnesota, Iowa, Wisconsin, Illinois, and South Dakota). Express Services, Inc., d/b/a Express Employment Professionals (franchise ownership and operations). Qualifications: B.A. and B.S., Iowa State University.

Lisa Brezonik, Director (since 2019). Committees: Nominating and ESG Committee (Chairperson). Background: Owner at Pertingo LLC (since 2026). Operating Partner at Carlson Private Capital (since 2024). Interim CEO at Pivot Strategies LLC (2024). President and Chief Executive Officer at Salo LLC (2018 - 2023). Chief Talent Officer and Chief Operating Officer at Salo LLC. Brezonik Consulting (various leadership roles). RBC Dain Rauscher (various leadership roles). Integ Incorporated (various leadership roles). Room and Board, Inc. (various leadership roles). Kipsu, Inc., board member. All in One Accounting, board member. Washburn Center for Children, board member. Qualifications: B.A., University of Minnesota.

Katie Morrell, Chief Credit Officer. Background: Chief Credit Officer at the Company (since 2025). Deputy Chief Credit Officer at the Company (2024 - 2025). Senior Vice President, Senior Credit Officer at the Company (2022 - 2024). Vice President, Credit Risk Review at the Company (2020 - 2022). Bremer Bank (credit risk management and advisory roles). RSM US LLP (credit risk management and advisory roles). More than 18 years of experience in financial services. Qualifications: Degree in Finance, University of Minnesota's Carlson School of Management. Graduate of the Graduate School of Banking at Colorado, Boulder.

Laura Espeseth, Chief Administrative Officer. Background: Chief Administrative Officer at the Company (since 2025). Chief Accounting Officer at the Company (2024 - 2025). Senior Vice President Controller at the Company (2018 - 2024). Vice President at the Company (various leadership roles in finance department). With the Company since 2017. Recognized as one of the Top Women in Finance by Finance & Commerce (2018). Qualifications: Bachelor's degree, St. Cloud State University's Herberger Business School. Graduate of the Graduate School of Banking at Colorado, Boulder.

Jeffrey Shellberg, Secretary and Deputy Chief Credit Officer, Director (since 2005). Committees: N/A. Background: Founder of the Company and the Bank (since 2005). Deputy Chief Credit Officer of the Bank (September 2025 - present). Executive Vice President and Chief Credit Officer of the Company (2005 - September 2025). Senior Vice President at Klein Bank. FDIC (1985, 15 years). 40 years of experience in the regulatory and commercial banking industry. Qualifications: B.S., Iowa State University. Alumnus of the Graduate School of Banking at Colorado, Boulder. Jeffrey Shellberg transitioned to Deputy Chief Credit Officer in September 2025 as part of his retirement plan, which is scheduled for October 2026.

Jessica Stejskal, Chief Experience Officer. Background: Chief Experience Officer at the Company (since 2025). Senior Vice President of Marketing at the Company (2020 - 2025). Vice President of Marketing at the Company (2018 - 2020). With the Company since 2014. Named Notable Marketing Leader by Twin Cities Business (2025). Qualifications: Bachelor's degree in Communications, University of North Dakota. MBA, University of St. Thomas.