CWB Financial Group

CWB expands to offer fullservice banking in Medicine Hat Alberta

MEDICINE HAT, April 14, 2011 – Canadian Western Bank (“CWB” or “the Bank”) is pleased to
announce the grand opening of its expanded financial services centre in Medicine Hat, Alberta. The
upgraded facility, located at 1111 Kingsway Avenue S.E., will benefit both new and existing customers.
The expansion represents the first of several CWB infrastructure enhancements being made across
Western Canada in 2011.

“We‘ve been operating in the Medicine Hat area as a provider of commercial financial services for
years,” said Chris Fowler, Executive Vice President of CWB. “This expansion to a full-service banking
centre is significant to our business in South Eastern Alberta and better positions us to support our clients
in this growing market.”

“Our experienced and knowledgeable staff is ready to serve clients with a full-range of competitive
banking products delivered with our personalized level of customer service,” added Les Erickson,
Assistant Vice President and Branch Manager in Medicine Hat. “We work hard to build genuine business
relationships with our customers and they quickly notice how banking with CWB is different. That
difference begins with our enthusiastic staff and their commitment to offer financial solutions that meet
our customers’ unique needs, which is why we’ve become known as The Working Bank®.”