This letter is regarding the election of directors of this Bank to succeed: Mr. Greg Becker, a Class A director, elected by banks in Group One; Mr. S. Randolph Compton, a Class A director, elected by banks in Group Three; Mr. Carl Chang, a Class B director, elected by banks in Group One; and Ms. Karen Lee, a Class B director, elected by banks in Group Two. These elections have been duly held in accordance with the requirements of Section 4 of the Federal Reserve Act and the provisions of the circulars issued by this office dated August 17, 2023, and September 27, 2023.