First Hawaiian Stockholders Re-Elect Directors, Approve Pay Vote and Deloitte as Auditor at 2026 AGM

Key Points

• All eight director nominees were re-elected to serve until the 2027 annual meeting following First Hawaiian's virtual 2026 AGM, where a quorum was established.
• An advisory vote on executive compensation passed, with a majority of stockholders voting in favor of the named executive officers' pay as disclosed in the proxy statement.
• Deloitte & Touche LLP was ratified as First Hawaiian's independent registered public accounting firm for the fiscal year ending Dec. 31, 2026.

First Hawaiian NASDAQ: FHB held its 2026 annual meeting of stockholders in a virtual format, with Chairman, President and CEO Robert Harrison presiding. The meeting covered three proposals, including the election of directors, an advisory vote on executive compensation, and the ratification of the company’s independent auditor.

Meeting procedures and quorum

Harrison opened the meeting by noting that stockholders could submit questions through an online questions box and that the session was being recorded. He said proxy materials were available online and that an affidavit from the corporate secretary indicated the proxy materials and/or notice of availability of proxy materials were mailed “on or about March 12th, 2026” to stockholders of record as of Feb. 27, 2026.

Harrison also reported that the board had appointed Marianela Patterson of Equiniti Trust Company, the company’s transfer agent, to serve as inspector of election. He said the secretary informed him that a majority of the outstanding shares entitled to vote were represented in person or by proxy, establishing a quorum.

Proposals presented to stockholders

Harrison outlined three items for stockholder consideration:

• Election of eight directors to serve until the 2027 annual meeting of stockholders. The nominees were Tertia Freas, Michael Fujimoto, James Moffatt, Mark Mugiishi, Kelly Thompson, Vanessa Washington, Scott Wo, and Robert Harrison.
• An advisory vote on the compensation of the company’s named executive officers, as disclosed in the proxy statement.
• Ratification of Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending Dec. 31, 2026.

Harrison said representatives of Deloitte & Touche LLP—James Oliver and Dane Maehara—were present to answer questions.

Stockholder Q&A

After opening the floor for discussion and questions on the proposals, the operator indicated that no questions had been submitted.

Voting and preliminary results

Harrison reminded participants they could vote during the meeting if they had not already voted online, by telephone, or via proxy card, and noted that votes could be changed until the polls closed. After a brief voting period, the polls were closed and Harrison announced preliminary results provided by the secretary.

According to the preliminary report, stockholders elected all eight director nominees to serve until the 2027 annual meeting. Harrison also said the report showed that a majority of stockholders voted, on an advisory basis, in favor of the compensation of the company’s named executive officers as disclosed in the proxy statement. In addition, stockholders approved the ratification of Deloitte & Touche LLP as the company’s independent auditor for the fiscal year ending Dec. 31, 2026.

Harrison thanked attendees and adjourned the meeting.

About First Hawaiian NASDAQ: FHB

First Hawaiian, Inc is the oldest and largest bank in Hawaii, operating as the bank holding company for First Hawaiian Bank. Established in 1858, the company offers a full suite of financial services to individual, business and institutional clients. Its product portfolio includes consumer and commercial lending, deposit accounts, treasury and cash management, foreign exchange and trade finance, as well as wealth management and trust services.

First Hawaiian serves customers through an extensive network of branches, ATMs and digital channels across the Hawaiian Islands, Guam, Saipan and American Samoa.

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