2022 Hancock Whitney ESG Report
Environmental, Social Responsibility and Governance Report
2022 Environmental, Social Responsibility and Governance Report
From Our President and CEO Our founders knew the importance of community. Reinforced by core values at the heart of our company, We believe community commitment nurtures confidence Their community commitment stirred them to forge our sense of community drives a staunch commitment in our company across our footprint and among our foundations for a bank built to create opportunities to guard and grow the good things that keep our clients. With and because of our communities and for communities and the people who call those places communities strong. Today, approximately 3,600 clients, we have grown as a business that never knows home. More than 123 years later, community—a shared associates across the Southeast help create community completion, a company dedicated to a fundamental understanding of who we are, where we come from, and opportunities through service to their clients and to the founding promise to do the right thing. We thank our where we can go together—still stands central to our cities and towns where associates live and work. With our communities and clients for the trust that helps us company’s culture. founding ideals as the collective beacon guiding how we increase our community stewardship and for the privilege do business, associates help us protect our environment, of coming together to create opportunities for all people Our founders also envisioned and expected that promote opportunities for diverse populations, and in our communities. we, as their successors, would consider community preserve transparent corporate governance and development an indispensable priority in planning and accountability. With gratitude, implementing strategies for the company’s growth. Just as the astute business and community leaders who started This report includes highlights and results of many of our institution sought to help their communities succeed, our efforts this past year to uphold our commitment as we readily embrace our obligation to remain a sound, a conscientious corporate citizen in the communities engaged, and trustworthy financial and community we serve. partner. Caring about our communities inspires us to John M. Hairston invest in and champion the economic vitality and quality President and CEO of life that can empower our communities to thrive.
Contents Highlights from 2022 ..........................................................4 Introduction .........................................................................5 Environmental Responsibility ..............................................7 Environmental Projects and Partnerships ............................8 Social Responsibility ..........................................................10 Reinvesting in Our Communities ...................................13 Our Associates and Corporate Culture ...........................15 Diversity, Equity and Inclusion ......................................16 Talent Acquisition, Development and Retention ............18 Governance ........................................................................22 Information Security and Privacy .......................................27 Task Force on Climate-related Financial Disclosure ...........29 Sustainability Accounting Standards Board Index .............36
2022 Highlights Timeless core values Honor & Integrity Quarters in a row as 1.5 million Strength & Stability one of America’s Commitment to Service strongest, safest banks pounds 5 Teamwork 134 BauerFinancial, Inc. of paper recycled in 2022 Personal Responsibility as of December 31, 2022 $210,000 in donations to 10 organizations $6.5 million providing meals, essential supplies in community contributions $527 million and shelter. 228 to help the people and invested in community communities we serve development lending Greenwich Excellence Awards $210,000 since 2005 in donations to 10 organizations $200,000 providing meals, essential supplies and shelter. in opportunity grants to 10 organizations Doubled the size of our $609 million facilitating affordable housing and Corporate Internship Program in small business loans to help drive 4,300+ 2× (CIP) rehabilitation. economic growth across the Gulf South associate volunteer hours $200,000 of the Hancock Whitney Board outstanding nonprofit leaders As of December 31, 2021: in opportunity grants to 10 organizations $580 million of Directors are outstanding from six states serving on the % facilitating affordable housing and in company investments in securities Gulf South businesswomen rehabilitation. Hancock Whitney Community Approximately 33 10 Development Advisory Council containing green-certified properties 67% of our associates have As of December 31, 2021: self-identified as a woman. Diversity Among Approximately Approximately 67% 27% Team Members: 68% women 28% minority of our associates have of our associates have (as of December 31, 2022) self-identified as a woman. self-identified as a racial or ethnic minority. Approximately 27% of our associates have self-identified as a racial or ethnic minority.
INTRODUCTION 5 Financial Snapshot NASHVILLE December 31, 2022 ATLANTA • 177 Financial Centers DALLAS • 226 ATMs SHREVEPORT MONTGOMERY TYLER JACKSON NATCHITOCHES • Total Assets: $35.2 Billion COLLEGE STATION HATTIESBURG CONROE LAKE BATON ROUGE MOBILE AUSTIN CHARLES TALLAHASSEE • Total Loans: $23.1 Billion BEAUMONT GULFPORT LAFAYETTE PENSACOLA JACKSONVILLE SAN ANTONIO HOUSTON PANAMA CITY • Total Deposits: $29.1 Billion NEW ORLEANS HOUMA • FTE associates: Approximately 3,600 TAMPA • Earned 228 Greenwich Excellence Awards and Best Brands Awards for top client service since 2005 • Recognized by J.D. Power with the highest ranking for client satisfaction in retail banking in the South Central Introduction Region in the 2022 U.S. Retail Banking Satisfaction Report Since the late 1800s, our Hancock Whitney organization Corporate Profile has persevered as a solid financial and community partner connected to clients and communities by deep Part of Hancock Whitney Corporation, Hancock Whitney Hancock Whitney offices and financial centers in roots, shared resilience, solid character, and high regard Bank is a multifaceted regional bank with a mission to Mississippi, Alabama, Florida, Louisiana, and Texas for what working together can accomplish. help people achieve their financial goals and dreams. offer comprehensive financial products and services, Our purpose is to create opportunities for people and the including traditional and online banking, commercial At Hancock Whitney, our philosophy of environmental, communities we serve. Set forth by our founders, our and small business banking, private banking, trust social responsibility, and governance (ESG) aligns with core values are the benchmarks by which we weigh our and asset management services, healthcare banking our mission, purpose, and core values, as well as a service to clients and communities: Honor & Integrity, and mortgage services. The company also operates longstanding dedication to doing the right thing to foster Strength & Stability, Commitment to Service, Teamwork loan production offices in Nashville, Tennessee and client, community, and corporate success. and Personal Responsibility. the greater metropolitan area of Atlanta, Georgia. More information is available at hancockwhitney.com. As a company, we develop and implement tactics to help preserve our environment, expand social responsibility, and ingrain the ethics of good governance in how we pursue our strategic vision.
INTRODUCTION 6 How We Do Business We believe in building a company that never knows completion—an organization that keeps getting better. Our Mission, Our Purpose, Our Promise to associates and Our Core Values guide us as we move forward. OUR MISSION Each day, we reaffirm our mission to help people achieve their financial goals and dreams. OUR PURPOSE We work hard to create opportunities for people and the communities we serve—our purpose for doing what we do. Honor & Integrity Strength & Stability Commitment to Service OUR PROMISE TO ASSOCIATES We honor and respect associates with a heartfelt promise: You can grow. You have a voice. You are important. OUR CORE VALUES Teamwork Personal Five timeless core values keep us strong, help us grow, and define the way Responsibility we do business.
ENVIRONMENTAL RESPONSIBILITY 7 Environmental To reduce our communities’ carbon footprint we have 2022 Impacts of Using DIRTT been working with our local utility providers to provide Manufactured Construction: space for installation of electric vehicle charging stations. Responsibility Construction on our first site started this year with more • 4,767 lbs. of drywall waste prevented to follow in 2023. from entering a landfill Investing in Green • 47 lbs. of paint-based volatile organic Building and Construction compounds (VOCs) and 8 lbs. of drywall We support energy-efficient projects and investments. In mud tape-based VOCs prevented from 2022, we purchased $34 million in green investments— Maintenance off-gassing mortgage-backed securities that contain green- • 48% recycled content in wall solution certified properties—bringing our total amount of green Our construction department continues to do our part to • 84% recycled content in millwork solution investments to $580 million. minimize the environmental impact of building materials • 372 recycled pairs of denim jeans in and reduce construction waste. We are building more wall insulation A Green Business Certification designates the level of spaces with a sustainable wall system, which cuts down environmental friendliness for a specific property. on the amount of waste going into landfills. Our interior 2022 Impact of Redeployment of products, including but not limited to ceiling tiles, Existing Furniture: plumbing, lighting, walls, window treatment, paint and Energy Management flooring, are all tested and meet the latest environmental • 1,500 lbs. of waste prevented from requirements in their industries. entering a landfill We embrace our responsibility to be a good steward of our natural resources and have implemented a continuous Waste Reduction: improvement approach to energy management. Furniture, Fixtures • Through our enterprise-wide shredding In 2014, we established a system for analyzing energy and Equipment and recycling initiative to support waste reduction, our associates recycled over usage in our real estate portfolio, resulting in a 6% annual 1.5 million pounds of paper in 2022. reduction in total energy usage in 2022 compared DIRTT MANUFACTURED CONSTRUCTION to 2021. Manufactured Construction is the most sustainable Shredding and Recycling Impacts: building method, providing benefits such as reducing During the last eight years, we standardized our energy- to almost eliminating waste, reducing man-hours and • 293,400 gallons of oil saved efficient guidelines for HVAC and lighting systems, travel to site and using recycled and recyclable materials. • 13,196 trees saved installed smart HVAC thermostats, established a Reusing materials also eliminates the energy required • 3,088,420 kilowatts of energy saved centralized energy management system and launched to build new components and reduces landfill waste. • 2,316 cubic yards of landfill space saved an ongoing office and site lighting conversion to LED technology. • 5,404,735 gallons of water saved
ENVIRONMENTAL PROJECTS & PARTNERSHIPS 8 Environmental Perseverance Oaks After Hurricane Katrina in 2005, Hancock Whitney Projects and launched the inaugural Perseverance Oaks program with founding partners Mississippi State University and Partnerships The Sun Herald newspaper as well as other participating community partners such as the Land Trust for the Mississippi Coastal Plain. From reforestation investments in the late 1800s that The ongoing, multifaceted Perseverance Oaks project replenished timberlands critical to the Gulf Coast has helped replenish landscapes scarred by major economy to modern conservation programs, the Hancock storms with offspring of landmark live oaks and other Whitney organization has remained an avid, active live oaks. In the past 15 years, Perseverance Oaks advocate and supporter for preserving and protecting has planted more than 1,000 live oaks in Gulf Coast the region’s natural resources and strengthening communities, helping to preserve the environment while environmental sustainability. propagating a cherished icon of regional heritage, the magnificent live oak. Downtown Green Space COMPONENTS OF PERSEVERANCE OAKS • Reforestation and Conservation – Through the Hancock Whitney Lighthouse Park at Hancock Whitney program, the company and communities it serves Plaza, the company’s corporate headquarters complex replant diminished or destroyed live oak populations in downtown Gulfport, Mississippi, features one of and promote conservation of natural resources. the largest downtown corporate greenspaces in the • Greenspace – Perseverance Oaks plantings help state. The park, which includes numerous design enhance greenspace for environmental and A 17-year-young magnolia tree sits in Hancock Whitney Plaza elements acknowledging Gulf Coast resilience in the community benefits, including neighborhoods, Lighthouse Park in front of Hancock Whitney Plaza, company wake of Hurricane Katrina, provides the community headquarters. The magnolia tree was planted as a magnolia schools, and parks in low- to moderate-income areas. seedling from a local nursery to help replenish trees lost along a 56,000-square-foot open commons centered in an the Mississippi Gulf Coast due to Hurricane Katrina. This tree urban business district. • Air Quality – Trees planted through Perseverance showcases the company’s dedication to our long-term efforts to Oaks help combat the buildup of excess carbon protect and preserve the landscapes in the communities we serve. dioxide caused by climate change. • Education – As part of Perseverance Oaks, Hancock Whitney associates join environmental experts to teach students important financial concepts using nature analogies, impart community history and traditions tied to landmark live oaks and demonstrate environmental sustainability principles through hands-on science lessons.
ENVIRONMENTAL PROJECTS & PARTNERSHIPS 9 Land Trust for the Other Sponsorships Mississippi Coastal Plain & Partnerships The company has maintained a strong relationship with The company regularly sponsors, contributes to, and the Land Trust for the Mississippi Coastal Plain. An initial provides volunteer leadership for countless organizations Perseverance Oaks partner, the Land Trust is a member- and events across the greater Gulf Coast corridor supported nonprofit that conserves, promotes, and committed to environmental sustainability, conservation, protects open spaces and green spaces of ecological, research, and education initiatives that help safeguard cultural, or scenic significance in the counties of the blueways, greenways, wildlife, and habitats critical to Mississippi Coastal Plain. local ecosystems and community quality of life. Hancock Whitney supports the Land Trust’s general Those local sponsorships and partnerships include, but mission and adopted into Perseverance Oaks the are not limited to, the following organizations: namesake trees at Twelve Oaks, a 30-acre Land Trust nature preserve in South Mississippi featuring a stunning ALABAMA MISSISSIPPI canopy of centuries-old live oaks, native plants, walking trails, marshes and a bird observatory along the Fort • Alabama Wildlife Federation • Coastal Conservation Association Bayou waterway. Purchased after the Civil War by a • Coastal Conservation Association • Gulf of Mexico Alliance formerly enslaved person from the widow of the original • Dauphin Island Sea Lab Foundation • Delta Waterfowl Foundation owner, the Twelve Oaks property is home to an artist- in-residence cottage built around part of what local • Dog River Watershed Clearwater Revival • Mississippi Aquarium historians believe was once an African-American church • Partners for Environmental Progress • Mississippi Forestry Association on the site. • Mississippi Wildlife & Parks Foundation FLORIDA • Tampa Bay Watch TEXAS • Delta Waterfowl Foundation • Houston Arboretum & Nature Center LOUISIANA • Audubon Nature Institute (Zoo & Aquarium) • Coastal Conservation Association • Coushatta Tribe of Louisiana • Delta Waterfowl • Ducks Unlimited • Friends of City Park (New Orleans) • Friends of the Baton Rouge Zoo
SOCIAL RESPONSIBILITY 10 Social ȫ In 2022, we invested more than Hancock Whitney supports organizations $6.5 million in philanthropic advancing homeownership, including Responsibility donations and community West 30’s Redemption, a Covington, Louisiana nonprofit that is currently sponsorships to empower building new homes and renovating local communities. established homes throughout the West If there’s one thing that sets Hancock Whitney apart, it’s 30s community, completing 41 homes that we don’t just serve clients; we serve communities ȫ More than $2.6 million of this in the last five years. and all those who live in them. Year in and year out, total supported Community generation after generation, we never stop standing Reinvestment Act (CRA) activities. up for the people and places that depend on us. It’s a spirit reflected in our Commitment to Service, one of the core values that guide how we work and live. Through volunteerism, philanthropy and a responsible approach to financial education, our team gives back, 2022 Opportunity Grants helping communities grow into more vibrant places to live and work. For the fifth consecutive year, Hancock Whitney awarded competitive grants through its CRA program to help organizations promoting access to homeownership, Corporate Giving affordable housing development and housing rehabilitation to underserved communities. Twenty- Each year, we provide financial support to important one nonprofit organizations received Hancock Whitney services and innovative programs that reflect our Opportunity Grant awards in 2022. mission, purpose and core values with the greatest overall community impact, focusing on financial education, economic growth and workforce development, Associate Volunteerism affordable housing, community revitalization, health ȫ 4,300+ volunteer hours and human services, cultural enrichment, environmental Giving back and paying it forward are important ideals we conservation and public services that address critical hold dear—principles central to our company for more ȫ 530+ organizations served issues in our markets. Additionally, through local, state than 120 years. We believe in volunteering our time, and regional sponsorships, we support and partner with talent, energy and enthusiasm to make a difference in community activities and organizations that complement the communities where we work and live. ȫ 300+ nonprofit board our purpose and our commitment to diversity, equity positions held by associates and inclusion. Community Connection, our associate volunteer program, offers associates one paid day each year to volunteer in their communities. At work and when they volunteer, associates help people achieve their goals and dreams.
SOCIAL RESPONSIBILITY 11 Hancock Whitney associates in Financial Education Hancock Whitney Financial Cents for Students includes Tallahassee volunteered with Hunger online modules available to complement in-class Since our founding, we have been on a quest to help instruction at no cost to schools or taxpayers. Similarly, Fight to pack over 105,000 meals to people achieve their financial dreams, and we know Hancock Whitney Financial Cents for Adults is accessible feed Title One elementary school our products and services are only part of the equation. through our website and offers online playlists featuring children in their community. A strong understanding of financial basics, money important financial lessons. In 2022, visitors to Hancock and credit management not only improves individuals’ Whitney Financial Cents for adults engaged in more than financial health, but can also be the difference in 3,600 online financial education lessons. achieving or falling short of financial goals. We use the term “financial education” rather than Hancock Whitney Financial “financial literacy” because we believe in building on the Education Month and knowledge—the “literacy”—people and communities may already have, as well as respecting their interest in Founders Month wanting to improve upon what they know. In 2022, Hancock Whitney associates participated in While financial education is important to us every day, more than 1,150 financial education activities, sharing we spotlight the value of good financial management their financial expertise with more than 160 organizations skills through highly focused spring and fall financial and thousands of individuals. Eighty-two percent of these education initiatives that help people learn good money Associates from our Picayune, financial education activities qualified as Community habits for life. Mississippi financial center taught local Reinvestment Act (CRA) services, reaching low- to moderate-income individuals. During National Financial Literacy Month in April, we elementary school students about encourage associates to share their financial know-how banking, money, and savings to provide with local schools and organizations through special a jumpstart on their financial education. Hancock Whitney events and presentations. During the 30-day period, Financial Cents associates volunteered for 166 financial education activities supporting 25 different organizations benefitting more than 4,700 people. Hancock Whitney Financial Cents, our comprehensive online and in-person financial education program for Each October, we celebrate Hancock Whitney Founders young people and adults, supports our lifelong learning Month, highlighting our focus on financial education for philosophy of financial education: providing people the all ages and reminding associates to share their expertise right information at the right times in their lives to nurture with community groups to help young and old alike learn their financial success. the value of good financial habits at every stage of life.
SOCIAL RESPONSIBILITY 12 Banking by Building: Strong Communities. Strong Futures. In 2022, Hancock Whitney launched a new initiative bringing together community stakeholders and residents to build stronger communities. With a belief that kids can be the catalyst for continued community growth and success, Hancock Whitney partnered with the City of Tampa and Kaboom!—the national nonprofit working to end playspace inequity—to build a new playground in Tampa where children can learn and play. The multi- month project began with a community design day where local children designed their dream playground and residents shared their goals for the playspace. Hancock Whitney associates also led a financial education lesson challenging children to build a playground while staying within a budget. The financial education theme was built into the playground design with math and literacy elements that introduce basic financial concepts to prompt kid questions and family conversations. In October 2022, more than 150 Hancock Whitney associates and community partners transformed the dilapidated park into a safe, innovative new playspace for local children. The new park space will also serve as a convening spot for the community to engage in ongoing financial education sessions with Hancock Whitney and local nonprofits Solita’s House, Habitat for Humanity Hillsborough, and Housing & Education Alliance.
This is a modal window.
SOCIAL RESPONSIBILITY 13 Reinvesting in Our Communities Community Development & Affordable Housing Community Development Loan Program Our company embraces the vision of the Community We look to promote public well-being by taking a proactive We extend short-term loans and lines of credit for Reinvestment Act and we take our responsibility to role in making loans and investments in affordable acquisition, development or rehabilitation of single- CRA seriously. We aim to guide all of our clients— housing, community services, neighborhood revitalization or multi-family housing. A specialized Community including low- and moderate-income individuals—on and stabilization and economic development within the Development Loan program is designed to assist their journey to reach their financial goals by providing communities where we live and work. nonprofit and for-profit entities providing housing comprehensive banking solutions. We are equally opportunities for low- and moderate-income families committed to strengthening the economic health of the In 2022, we committed $527 million in CRA-qualified through the development of single- or multi-family communities that depend on us. community development lending and $226 million in real estate. CRA-qualified community development investments. Hancock Whitney Regional President Tim Coop and Tampa Mayor Jane Castor celebrate the ribbon cutting of the new Williams Park playground. Local Tampa children enjoy their new playground at Williams Park.
SOCIAL RESPONSIBILITY 14 Small Business We’ve always made it our mission to help our clients Hancock Whitney participates in various bond loan and their businesses succeed. Regardless of whether a programs. A mortgage revenue bond loan or “bond loan” business is well established, expanding rapidly, or just is a type of mortgage loan where the cost of borrowing starting out, we aim to build trust, provide convenient is partially subsidized by a mortgage revenue bond. banking solutions and support our unique communities. State and local governments sponsor these programs In 2022, we provided 5,568 small business loans totaling that offer low-interest loans and sometimes closing $609 million to help drive economic growth and job cost assistance tailored to meet the needs of low- and creation across the Gulf South. moderate-income families. In 2022, Hancock Whitney originated approximately $5.4 million in affordable Beyond funding, Hancock Whitney makes it a priority housing state and local bond loans. to help ensure small businesses have the resources needed to grow and succeed. Hancock Whitney Small Affordable Housing and Economic Partnering to revitalize neighborhoods one home at a time. Business Matters, a comprehensive, companywide Development Grant Initiatives entrepreneurship and small business outreach program, Opportunity Loan Program aims to educate and create opportunities, with an emphasis on minority and women owned businesses. Through a partnership with the Federal Home Loan Aligned with the company’s commitment to Concentrating on four entrepreneurial and small business Bank (FHLB) of Dallas, we participate in several of their homeownership, we offer a robust mix of mortgage success goals (Grow, Fund, Market and Manage), the Community Investment programs that support housing portfolio products. These in-house products offer the program also helps deliver access to financial opportunity and economic growth activities. FHLB grants include bank the opportunity to expand access to credit for core to Hancock Whitney’s commitment to diversity, down payment and closing cost assistance for first time underserved and diverse communities. Specifically, our equity and inclusion. homebuyers, renovation grants for elderly homeowners products offer low cost, affordable, fixed rate mortgages and qualified economic development projects and across the bank’s footprint, especially in low-to-moderate Affordable Housing community revitalization in targeted communities. income and minority communities. We understand that access to safe and affordable housing In 2022, Hancock Whitney facilitated $226,036 in FHLB In 2022, Hancock Whitney’s Opportunity Loan program is the foundation of an individual’s or a family’s well-being grants. Since 2000, the bank has facilitated more than provided $184 million in mortgage lending for 609 and a factor in establishing vibrant communities. We are $12.2 million in grants for nonprofit organizations serving households. strongly committed to offering and supporting mortgage low- and moderate- income communities. assistance programs to help make our clients’ home ownership dreams a reality. The Homebuyer Equity Leverage Program (HELP) provides grant assistance directly to participating Hancock Whitney mortgage loan recipients. HELP works in conjunction with other mortgage assistance programs to help potential homebuyers qualify for a home. In 2022, through HELP, Hancock Whitney assisted 6 homebuyers and provided $58,800 in down payment assistance.
SOCIAL RESPONSIBILITY 15 Plan Your Way Home Our Associates and Our Plan Your Way Home (PYWH) program helps Corporate Culture potential first-time homebuyers and existing homeowners with low- to moderate-incomes through the mortgage Our employees, whom we refer to as associates, are our We promise our associates an inclusive environment loan process. To ensure we meet the credit needs of most valuable asset. Associates are the collective face, where they can grow, they have a voice, and they are underserved borrowers, we created our own suite of voice and spirit of our organization. To the people and important. We are committed to providing an associate mortgage assistance products. We also offer additional communities we serve, our associates are Hancock experience and total rewards package that attracts, programs available through federal, state and local Whitney. Our century-old culture and core values are develops and retains top-quality talent. We continually agencies to help facilitate homeownership opportunities the consistent beacon that guides how our associates review and develop strategies that support the needs in the communities we serve. carry on our legacy with honor, integrity and service. of our associates while balancing business needs. In Additionally, the policies and practices we define for 2022, the Company’s human capital strategy continued In 2022, Hancock Whitney’s Plan Your Way Home associates further reinforce the founding principles to focus on evolving to meet the ever-changing needs of program provided $10 million in mortgage financing fundamental to who we are and how we do business. The our associates, responding to a challenging labor market for 59 homeowners. As part of the Hancock Whitney diversity of our associates makes us a stronger and more with increased competition for talent and labor shortages, Plan Your Way Home program, the bank’s Community resilient company, one that fosters a culture of inclusion and supporting various initiatives to improve operations Lending Team participated in more than 50 homebuyer and belonging and one that supports our associates, and overall efficiency while maintaining our commitment education workshops, webinars and training sessions clients, communities and shareholders in achieving their to our clients, communities and shareholders. throughout 2022. goals and dreams. Hancock Whitney Community Development Advisory Council We established the Hancock Whitney Community Development Advisory Council in 2017 as a way to make a more significant impact in the communities across our footprint. The council is composed of leaders who make a difference in housing, economic development, small business development and other arenas critical to community success. These highly regarded and accomplished community advocates provide our company with strategic insights and advice on how Hancock Whitney management and officers can better serve our communities. Our associates are proud to serve their communities.
$210,000 in donations to 10 organizations providing meals, essential supplies and shelter. $200,000 in opportunity grants to 10 organizations facilitating affordable housing and rehabilitation. SOCIAL RESPONSIBILITY 16 Workforce Demographics As of December 31, 2022: As of December 31, 2022, the Company had 3,627 full-time equivalent associates, predominately located Approximately Approximately in our core footprint of Mississippi, Louisiana, Alabama, Florida, Texas and Tennessee, compared to 3,486 68% 28% associates as of December 31, 2021. Approximately 45% of associates were employed in Consumer Banking, of our associates have of our associates have 11% in Commercial Banking, 9% in Wealth Management, self-identified as a woman. self-identified as a and 35% in Treasury, Operations, and Other Corporate person of color. Business & Administration, respectively. umulatively representing over Diversity, Equity 3 of our total orforce. and Inclusion Diversity, Equity and Inclusion (DEI) are fundamental and experiences who work together as thought leaders to our purpose and essential to executing our mission. to promote and foster an inclusive workplace culture We pledge exceptional service to our clients and that appreciates differences and values all perspectives. communities and believe our commitment to DEI Additionally, the Company named a Director of DEI in further strengthens our ability to meet the needs of our 2020 to serve as a champion and dedicated resource associates, communities, clients and shareholders. to lead the organization’s DEI efforts. The Director of Different perspectives, backgrounds, and experiences DEI and the Chief Human Resources Officer serve as produce stronger teams and collaborative innovation chair and co-chair, respectively, of the DEI Council and resulting in improved overall organizational performance. partner with Company leaders on strategies to foster a This wider range of influence and diverse thought diverse and inclusive workplace that attracts, develops allows us to better serve the people and communities and retains top talent, regardless of race, color, religious depending on us. beliefs, national origin, ancestry, citizenship, sex, gender, sexual orientation, gender identity, marital status, age, Our commitment to DEI starts at the top of our disability, genetic information, protected veteran status organization, supported through oversight by the or any other dimension of diversity. We monitor and Compensation Committee of the Hancock Whitney track the progress of our efforts and regularly implement Celebrating Women’s Equality Day and the Collective Courage Corporation Board of Directors. Underscoring our programs and practices to support a diverse and of Women. Discussion panel participants during the “Living ongoing commitment to championing a culture of inclusive workplace. Room Conversation” in New Orleans who shared personal inclusion and belonging, the Company established a DEI and professional perspective to encourage collective courage Council sponsored by the President and CEO in 2018, among women included (from left) educator Dr. Vera Triplett, which consists of associates from a variety of locations, associate Rite Moisio, Capt. Linda McCullough, and associate Tiffany Temple. business segments, genders, races, ethnicities, tenures
SOCIAL RESPONSIBILITY 17 Continuing on our efforts to build and attract a diverse workforce in 2022, we continued Further supporting, developing, and celebrating the existing workforce, associates are to cultivate new relationships, strengthened existing partnerships, and enhanced diverse provided diversity education, experiences and resources to help inspire behaviors that recruiting efforts with key organizations. We were intentional with our campus recruiting, contribute to an inclusive, high-performing culture in which all associates may thrive. internship, and programming efforts across the footprint to expand our diverse talent In 2022, the Company enhanced its diversity-learning opportunities with new platforms pool. We continued efforts at Historically Black Colleges and Universities through designed to listen and learn directly from the voices and experiences of our associates, the funding of scholarships and programs to support Black students. We revitalized including Living Room Conversations, Cultural Tasting Series, Understanding Cultural the corporate internship program providing an inclusive experience that uniquely Bias Training, and Associate Spotlights featuring New Associates, Women of Excellence, incorporates mentorship, financial literacy, community connection, and diversity learning Random Acts of Kindness, and Living Our Core Values to help drive inclusive behaviors opportunities across the organization and footprint. We proudly hosted the 2022 class and inspire a growth mindset. Additionally, we continued our focus on associate volunteer of interns consisting of 56% females and 56% people of color, expanding our diverse activities tied to strengthening DEI throughout our footprint. pool of future talent and campus advocates. Additionally, we partnered with diverse external professional organizations such as Hispanic Chamber of Commerce, Gulf Coast Equality Council, and Families Helping Families and leveraged our associates for candidate referrals to expand our candidate pipeline. In 2022, approximately 74% of our new hires self-identified as female and approximately 45% of new hires self-identified as people of color. Walking for Education with UNCF. Through scholarships, institutional support, and advocacy, Associates introduced the company brand, history, products, and diversity, equity, and inclusion UNCF has helped minority students achieve educational dreams at Historically Black Colleges and efforts during TAREB’s 65th annual conference in Houston. As the state’s governing body for chapters Universities (HBCUs) since 1944. The UNCF Walk for Education is a nationwide initiative to raise of the National Association of Real Estate Brokers, Inc. (NAREB), the Texas Association of Real Estate funds critical to supporting HBCUs and helping students pursue education and prepare for active Brokers (TAREB) strongly supports providing opportunities for equal housing for all people. participation in society. Pictured (center) HWC associate Tamara Wyre and Therese Badon of UNCF Pictured (from left): associates Fern Rodman, Tish Allen, Tamara Wyre, NAREB Executive Director with the Dillard University Baseball Team at the UNCF Walk. C. Renee Wilson, and associates LaCarsha Babers and Chris Burrell.
This is a modal window.
SOCIAL RESPONSIBILITY 18 Total Rewards We recognize the well-being of our associates is critical Talent Acquisition, to the success of the organization. We offer a competitive Development and Retention We strive to provide a comprehensive total rewards and comprehensive benefits program to support package that meets the various needs of our associates, associates throughout all life stages. Our benefits include including market-competitive pay and robust benefit comprehensive health, dental, life and disability coverage Hancock Whitney is dedicated to attracting, developing options that attract and retain top talent. To ensure our that are funded in whole or in part by the Company as and retaining exceptional talent and strives to keep total rewards programs remain competitive, we engage well as a 401(k) plan featuring a company match of a associates motivated, rewarded and appreciated through in nationally recognized third-party compensation dollar-for-dollar on the first 1% and 50 cents on the dollar our commitment to DEI; competitive total rewards and benefits surveys and utilize the expertise of an on the next 5% of associate contributions, and a fixed packages; and career development. Of the approximately independent executive compensation firm and an employer contribution of 2% of pay for associates who 1,437 requisitions filled in 2022, 40% were filled by outside benefits broker and benefits consulting firms do not participate in our grandfathered pension program. internal associates. Approximately 14% of our workforce to objectively evaluate our compensation and benefits We also provide our associates with programs and tools received a promotion in 2022, consisting of 77% females packages and benchmark them against industry peers to support their overall well-being, including paid time and 33% people of color. and similarly situated organizations on an annual basis. off, personal health advocate, employee assistance, behavioral assistance and tuition reimbursement Recognizing the development of our associates is Our compensation philosophy is a performance-based programs, as well as a range of resources to support the critical to our success, we invest in resources to ensure strategy that aligns our programs with our business goals well-being of our associates and their families throughout associates have access to the tools needed to do their jobs and objectives. Base salaries are established considering the full spectrum of their lives and career journeys. effectively and succeed within the organization, including competitive market rates for specific roles as well as the technical, skills-based, management and leadership experience and performance levels of our associates. programs, as well as formal talent, performance In January 2022, we increased our minimum base pay management and succession planning processes. for entry positions to $15.50 per hour and continue to Through customized learning plans, associates are monitor and assess the competitiveness of our base pay provided targeted resources to ensure they gain the through benchmarking of our base salaries to those of our knowledge and skills needed to successfully perform peers. The Company rewards associates for individual their duties in accordance with the Company’s practices. performance through merit-based compensation Associates also have access to a full suite of optional increases and provides additional opportunities for classes and self-directed resources to personalize career financial advancement through promotions and various development and prioritize their unique needs and incentive opportunities. growth opportunities. Additionally, we support the use of external resources such as professional conferences, We promote a pay-for-performance philosophy and specialized seminars, banking schools and other motivate a majority of our associate population with development and leadership programs to supplement incentive compensation designed to drive strategies, associates’ professional development and provides a behaviors and business goals while effectively balancing tuition assistance program for those seeking to deepen risk and reward. We also use long-term incentive their education at undergraduate and graduate levels. compensation to attract and retain top talent while keeping associates focused on long-term company performance, significant milestone achievements and 2022 Corporate Internship Program (CIP) participants creation of shareholder value.
SOCIAL RESPONSIBILITY 19 Health, Safety & Well-Being At Hancock Whitney, supporting the overall health, safety, and well-being of our Supplementing our various benefit plans and programs, the Hancock Whitney Associate associates are top priorities for us and some of the most valuable investments we Assistance Fund provides assistance for associates with personal and financial needs make as a company. We are committed to providing robust, competitive benefits and during times of unexpected or unavoidable emergencies or disasters. The fund is programs that support associates in all aspects and stages of life. We continually explore managed by the Gulf Coast Community Foundation and funded by contributions from opportunities for new or enhanced benefits and other programs to better support the the company as well as associates, board members and partner organizations. overall well-being of our associates. Rooted in the Gulf South, our company and associates are frequently impacted by Our benefits and programs are designed around five key pillars of well-being: hurricanes and other storms. We believe it is paramount to provide relief and recovery resources to help associates and their families remain safe and recover quickly when a storm hits. Throughout the year, especially during hurricane season, we encourage associates to prepare for inclement weather and natural disasters. We provide associates with resources to prepare and respond, including the American Red Cross, Employee Assistance Program, and Hancock Whitney Associate Assistance Fund. We periodically prompt associates to review and update contact information and emergency contact information in our HR system to ensure that they receive company communications Maintaining a healthy Reaching greater balance Achieving financial goals and outreach during emergency situations. and safe lifestyle in mind and spirit and dreams We remain committed to providing a safe, secure environment for our associates and clients. We continuously remind associates of their critical role in maintaining a safe and secure working environment. Trainings and communications are provided to educate and reinforce our safety and security protocols, including safely accessing facilities and workspaces; safeguarding information and devices; and preventing, detecting, and reporting crimes and suspicious activities. Connecting with others Growing and developing a and community meaningful career
SOCIAL RESPONSIBILITY 20 Associate Engagement We strive to create a culture of engagement where each associate knows they are We periodically conduct associate engagement surveys to measure our associates’ important, valued, and can grow. We engage our associates through various channels, connection and commitment to the Company and its goals. In 2022, we conducted a including written, digital and face-to-face communications with targeted audiences confidential and anonymous online associate engagement survey to measure associate ranging from all associates to core leaders, teams and one-on-ones. We encourage engagement and collect associate feedback. During the survey, associates answered continuous open communication with our associates and leaders where input is questions and provided comments to capture their feelings about the company, welcomed through an environment of mutual respect and trust. We promote a workplace leadership, and their team. The survey results indicated overall associate engagement focused on gratitude and appreciation through our Value of You recognition program, compared favorably to peer benchmark comparisons for the financial services industry Community Connection volunteer program, as well as other associate campaigns and our regional footprint. Using the results of the engagement survey, leaders are able throughout the year. to identify strengths and opportunities for growth within their teams, as well as the overall organization, to further strengthen our culture and better meet the needs of our associates. Associates attended the Lighthouse Business and Professional Women’s 2022 Woman of Achievement Pictured (from left): Erin Hannah, Erin Rainey, Jessica Rust, Katie Widdows, Rudi Thompson, Awards in Bay St. Louis, Mississippi. Awards recognized those who excelled as community and Dusti Pisarich and Tamara Wyre professional leaders in seven categories. Tamara Wyre was named Woman of Achievement in the Corporate category. Chantell Brandt, Dusti Pisarich, and Tina Stenum were recognized as finalists in the Corporate category, and Katie Widdows as finalist in the Young Careerist category.
SOCIAL RESPONSIBILITY 21 Recent Accolades – Likelihood to Recommend Greenwich Associates selects winners in various – Likelihood to Recommend (South) categories to recognize the best of the best Each day, Hancock Whitney associates demonstrate the – Overall Satisfaction among banks bringing quality service to clients. core values that guide how the company does business. – Overall Satisfaction (South) Hancock Whitney has earned a grand total of 228 Their efforts to provide 5-star service to clients and Small Business Banking Greenwich Awards, with 24 Best Brand Awards communities regularly earn the organization national, since 2013 and 204 Excellence Awards since 2005. – Cash Management – Overall Satisfaction (South) regional, and local recognition as a financially sound – Likelihood to Recommend • The J.D. Power 2022 U.S. Retail Banking institution and trusted financial and community partner. – Likelihood to Recommend (South) Satisfaction Survey ranked Hancock Whitney as – Overall Satisfaction the highest scoring bank for the South Central In 2022, business and community accolades for the – Overall Satisfaction (South) Region for client satisfaction in retail banking. company included these awards: • BauerFinancial, Inc., a leading national independent bank rating and analysis firm, Greenwich Excellence Awards recommended Hancock Whitney as one of We are honored to be continually recognized by America’s strongest, safest financial institutions Greenwich Associates. Categories we have been awarded for the 134th consecutive quarter, as of the in the past are: quarter ending December 31, 2022. • Forbes tapped Hancock Whitney as one of National “America’s Best Banks.” – Relationship Manager Proactively Provides Advice • In early 2023, Greenwich Associates awarded – Overall Satisfaction with Relationship Manager Hancock Whitney 11 awards for middle market – Industry Understanding and small business banking. Based on interviews Regional with more than 20,000 executives across the – Relationship Manager Proactively Provides Advice country, a relatively small number of more than (South) 500 eligible providers stand out as differentiated across a series of qualitative metrics measured by National Cash Management Coalition Greenwich. – Customer Service Hancock Whitney Corporation received the – Ease of Product Implementation following 2022 Greenwich Excellence Awards for – Overall Satisfaction national and regional performance: – Product Capabilities NATIONAL & REGIONAL Regional Cash Management GREENWICH EXCELLENCE AWARDS – South Middle Market Banking National Greenwich Best Brand – Cash Management – Overall Satisfaction – Ease of Doing Business – Cash Management – Overall Satisfaction (South) – Trust – Values Long-term Relationship
GOVERNANCE 22 Governance Board Structure and Leadership We believe that having an effective and responsive corporate governance structure is The Hancock Whitney Corporation Board of Directors is currently composed of 14 vital for the long-term success of our company and directly benefits our shareholders, independent directors and our CEO. An independent chair leads the board. We believe clients, and associates. With uncompromising commitment to these principles and separation of the CEO and chair positions allows the chair to maintain an independent our core values, we strive to act with Honor & Integrity at all times to comply with laws, role in management oversight. Information about our directors is available on our investor regulations and ethical, environmental and social standards. relations website and in our annual proxy statement filed with the U.S. Securities and Exchange Commission (SEC). Board of Directors members pictured left to right (front): Frank E. Bertucci, Sonia A. Pérez, James H. Horne, Christine L. Pickering, Jerry L. Levens, Joan C. Teofilo, Randall W. Hanna; (back) Constantine “Dean” S. Liollio, Sonya C. Little, Thomas H. Olinde, H. Merritt Lane, III, John M. Hairston, Hardy B. Fowler, Suzette K. Kent, C. Richard Wilkins
GOVERNANCE 23 Independent Oversight • In the appendix of this report, we have included Board Diversity a disclosure index aligned with the Sustainability • Independent director Jerry L. Levens serves as Accounting Standards Board (SASB) standards for The Corporate Governance and Nominating Committee of the chairman of our board. His responsibilities our commercial banking activities. the board oversees a broad range of issues surrounding and duties help ensure our board’s independent • Our Insider Trading Policy prohibits directors, the composition and operation of the board. The functioning. officers and other associates from hedging committee and the board believe the board should have • With the exception of Mr. Hairston, who is our company stock. directors from diverse backgrounds with a diversified only employee director, all of our directors are • During 2022, none of our directors held shares of set of business skills, perspectives and experience. The independent under the listing standards of The Hancock Whitney stock that were pledged. committee considers whether the board, as a whole, Nasdaq Stock Market, LLC. • During 2022, each director attended at least 75% reflects the diverse regions, the lines of business of • Our independent directors meet regularly of the aggregate number of meetings of the board our markets and the clients we serve. In furtherance of in executive session without members of and the committees of the board on which he or this consideration, the board has adopted a “Rooney management. she served. Rule,” pursuant to which the Corporate Governance and Nominating Committee includes, and has any search firm • Our directors perform an annual self-evaluation of that it engages include, women and minority candidates Good Governance Practices the board in satisfying its obligation to represent in the pool from which it selects director candidates. the long-term interests of our shareholders, Our board is currently composed of five women (one • Our Corporate Governance and Nominating customers, communities and associates. of whom self-identifies as African American and one of Committee is responsible for overseeing the • We have stock ownership and retention guidelines whom self-identifies as Latina) and ten men. company’s environmental, social and governance for directors and executive officers. strategies and initiatives. • Our corporate governance guidelines prohibit our • Our Compensation Committee is responsible directors from serving on more than three other for overseeing the company’s human capital public company boards in addition to our board. strategies. • We have established a Sustainability Committee chaired by our Chief Risk Officer and composed of senior executives. This management committee is responsible for assisting with development and implementation of strategies and initiatives relating to the environment, social responsibility and sustainable growth generally. 5 women 10 men 1 member 1 member • In the appendix of this report, we have included identifies as identifies as Latina disclosures aligned with the recommendations African American of the Task Force on Climate-related Financial Disclosure.
GOVERNANCE 24 Board Committees Diversifying and The committees established by the Hancock Whitney Shareholder Engagement Refreshing the Board of Directors include an Executive Committee, • We strive to maintain open and transparent Audit Committee, Compensation Committee, Corporate communications with our shareholders and Board’s Perspective Governance and Nominating Committee and Risk aim to optimize opportunities for engagement. Committee. The board and each committee have the • We utilize various channels to engage with • Our board has adopted a “Rooney Rule” to authority to consult with and retain independent legal, ensure diverse candidates are included in the financial, or other outside advisors as each deems shareholders and analysts, including face- pool from which it selects director nominees. necessary and appropriate, without seeking approval to-face and virtual meetings, conferences, • Our board has established a comprehensive, of management. roadshows, investor calls, quarterly earnings ongoing board succession planning process to calls and annual shareholder meetings, as ensure our board continues to have the depth We periodically refresh membership on our committees well as distributing regular communications and breadth of experience and perspective to provide new perspectives and insights. The diversity through our quarterly shareholder letter, needed for a strong financial institution. of our board is an important factor in providing a broad annual proxy statement and annual range of perspectives, and that includes leadership roles Environmental, Social Responsibility and • Two-thirds of the directors added to our on our committees. Three of our five female directors Governance (ESG) Report. board since 2017 are women and 33% of our serve as either the chair or vice-chair of one of our board • In 2022, we communicated with current directors are women. Three of the five committees. approximately 217 current and potential women on our board have a leadership role. analysts and investors (including two in our • Our board values fresh perspectives, and 20% Information about the individual committee top 10 shareholders) at 38 different investors of our directors have been added since 2017. responsibilities can be found in our most recent proxy conferences or industry sponsored calls, and • Our ongoing director training program statement and our investor relations website. in individual management calls. Additionally, provides continuing education on various we held annual review meetings with the important issues. rating agencies S&P Global and Moody’s • Each member of our audit committee has Investor Services. banking or related financial management • We maintain ongoing responsiveness to expertise and is a “financial expert” as institutional and retail shareholders who defined by the SEC. directly contact us, and we remain committed • We have a mandatory retirement policy for to timely follow-up. directors that prohibits reelection after their 72nd birthday.
GOVERNANCE 25 Risk Management As part of its remit, the Risk Committee oversees Regulatory Authorities We recognize that risk management is an enterprise- operational risk, which is defined as the potential that We are subject to regulatory oversight by the Federal wide responsibility. The board of directors oversees the inadequate information systems, operational problems, Deposit Insurance Corporation (FDIC); Consumer company’s corporate risk governance processes primarily breaches in internal controls, fraud, or unforeseen Financial Protection Bureau; Federal Reserve Board through its committees. catastrophes will result in unexpected losses. As such, of Governors; Mississippi Department of Banking and operational risk considerations include climate-related Consumer Finance; Financial Industry Regulatory BOARD RISK COMMITTEE risks to our operations stemming from severe weather Authority; and U.S. Securities and Exchange The Risk Committee assists the board in the assessment events. The company is currently in the early stages of Commission. and management of the company’s policies, procedures formally identifying and assessing climate-related risks and practices relating to credit risk, liquidity risk, market beyond operational risks stemming from the Company’s risk, legal risk, operational risk (including cybersecurity geographic footprint. As this ESG risk framework is built risk), reputational risk and strategic risk. The Audit out, we will incorporate impact to other risk areas. We Regulatory Engagement Committee reviews the company’s control systems to believe the governance framework that we have put in manage and monitor financial risk with management place will enable fulsome consideration of the climate • We maintain open and transparent and the internal audit group. The Compensation risks and opportunities at Hancock Whitney as our communications with our supervisory Committee evaluates and manages any risks posed practices and processes mature. regulators and aim to optimize opportunities by compensation and benefit programs and oversees for proactive engagement. We regularly DEI efforts. The Corporate Governance & Nominating SUSTAINABILITY COMMITTEE communicate with the regulators and update Committee oversees all ESG-related activities. The The Chief Risk Officer chairs the Sustainability Committee them on the bank’s activities. Sustainability Committee, which is a management to provide interconnectivity between the committee and • In addition to regular examinations and committee, develops, monitors and assesses strategies the Company’s enterprise risk management (ERM) continuous monitoring performed by our relating to the environment, social responsibility and function, which is responsible for incorporating climate- supervisory regulators, we host frequent sustainable growth. related risks into the Company’s risk framework. The meetings or conference calls between Director of Diversity, Equity & Inclusion (DEI) serves as the supervisory team and bank executive In addition, the board and executive management have a member of the Sustainability Committee to champion leadership. appointed a Chief Risk Officer, who is a member of our DEI efforts. management, to support the risk oversight responsibilities • We respond in a timely manner to our of the board and its committees, as well as to involve Compliance Governance supervisory regulators and remain committed the appropriate personnel in risk management by to addressing all follow-up items. establishing committees responsible for oversight of The Chief Compliance Officer has oversight for enterprise • We proactively monitor the regulatory the many risks faced by the company. The Chief Risk compliance and reports to the Chief Risk Officer. We landscape to ensure awareness of any Officer reports to the Risk Committee each quarter on the provide quarterly reports to the Risk Committee, with regulatory changes and impacts to the bank. company’s enterprise-wide risk management systems. an annual report to the full board on the compliance program for the enterprise.
GOVERNANCE 26 Compliance Training Integrity in Action We require all associates to complete compliance Upholding the core values of Honor & Integrity, Strength Whistleblower Hotline training annually. Examples of compliance courses & Stability and Personal Responsibility and further include, but are not limited to, Gramm-Leach-Bliley protecting our clients, associates, and company’s Our Whistleblower Hotline is Privacy Act, Business Continuity Overview, Ethical financial safety and soundness, our associates are administered through a third-party Workplace, ID Theft Red Flags Rule, Information Security expected to conduct business in a lawful, ethical and provider. The independent reporting and Workplace Security. In addition to the courses all fair manner. All associates are strongly encouraged service allows individuals to make reports associates are required to take, we assign associates a to report ethical concerns related to matters such as confidentially by telephone or online customized curriculum of compliance courses based on accounting, internal controls, auditing, discrimination, 24 hours a day, seven days a week, and their roles to ensure a high level of knowledge of the rules harassment and/or violations or suspected violations allows for anonymous reports, if desired. and regulations that impact their areas of responsibility. of laws or regulations, the Code of Conduct, or other company policies and procedures by clients, associates, or vendors. Integrity in Action, our whistleblower policy, Maintaining a Culture of provides our associates and others with a confidential Ethics and Compliance method of reporting illegal, unethical, or unsafe activity. All reports are investigated by Human Resources and/or Open Communication Internal Audit and monitored through final disposition. Updates are provided to the Audit Committee on a quarterly basis. A copy of our Integrity in Action Our Open Communication Policy cultivates a culture of Whistleblower Policy is available under Governance open and honest communication between managers and Documents on our website, hancockwhitney.com. associates as a day-to-day business practice. Managers set the tone of the workplace by welcoming input from associates in an environment of mutual respect and trust. We believe this process helps to define any issue and work toward resolving it in an informal manner. We encourage associates to work with their immediate managers to resolve questions, conflicts and disputes. If concerns involve the immediate manager, or if the issue has not been resolved appropriately, associates may escalate the issue to the next-level manager and ultimately Human Resources, which will investigate the matter with all parties and determine a final disposition.
INFORMATION SECURITY & PRIVACY 27 Information Commitment to Security Security and and Confidentiality The Information Security program is structured by At Hancock Whitney, we expect each associate to be Privacy a comprehensive collection of policies, guidelines responsible for the security and confidentiality of client and procedures, which are periodically updated and information. We communicate this responsibility to approved by the appropriate committees. These policies, associates upon hiring and regularly throughout their guidelines and procedures align with regulatory guidance, employment. Hancock Whitney’s Chief Information Security Officer the ISO Code of Practice for Information Security Controls (CISO) directs the company’s Information Security and common industry practices. We require each associate to complete training to protect program. The program is designed to protect the security the confidentiality of client information at the time of hire of our computer systems, networks, software and As required by Federal Financial Institutions Examination and during each year of employment. Associates must information assets, including client data. Council guidance, the CISO provides an annual report successfully pass a test to demonstrate understanding on the state of the Information Security program to the of these requirements and provide acknowledgement Led by our CISO, a team of dedicated security Risk Committee. of their responsibilities under the Information Systems professionals examines risks to the company’s Acceptable Use Policy. information systems and assets, designs and implements The company’s Enterprise Risk Management program security solutions, monitors the environment and also has a role in governance of the Information Security We regularly provide associates with Information Security provides immediate responses to threats. program, working with Information Security management awareness training, including the recognition and to facilitate performance of Risk and Control Self appropriate handling of potential phishing emails, which Assessments, the results of which are included in Risk can introduce malware to a company’s network, result in Program Governance Committee metrics. the theft of user credentials and, ultimately, place client and Structure information at risk. Hancock Whitney employs a number Our Enterprise Risk Management program shapes our of technical controls to mitigate the risk of phishing emails Information Security strategy and development. Teams of targeting associates. We regularly test associates to Governance of the Information Security program begins internal resources and independent expert cybersecurity determine their susceptibility to phishing test emails. We with the IT Risk Governance Subcommittee, whose firms perform risk assessments on an ongoing basis to require susceptible associates to take additional training objective is to protect the integrity, security, safety and identify risks and associated controls. We use the findings and provide regular reports to management. resiliency of corporate information systems and assets. to identify opportunities to strengthen the program and remedy residual risks. Hancock Whitney’s Associate Handbook and Code of This management-level subcommittee meets regularly Conduct and the Code of Business Ethics for Officers and to review the development of the program, make The company’s prudential regulators, the FDIC and Associates contain additional guidance on the protection recommendations and provide regular subcommittee the Mississippi Department of Banking and Consumer and privacy of client information. reports to the Operations Committee, Capital Committee Finance, regularly examine the Information Security and, ultimately, the board of directors via the Risk program. Internal Audit also performs regular reviews Committee. of the program.
INFORMATION SECURITY & PRIVACY 28 Associates must also follow established procedures for Information Security Threat Intelligence the safe storage and handling and secure disposal of Protections and Defense client information. All retired computer assets are subject In addition to ongoing updates to our security tools, to defined procedures and processes to ensure safe Hancock Whitney’s Cyber Defense Center team destruction of information contained on those devices. Hancock Whitney protects its network and information constantly monitors threat intelligence sources to For paper-based information, we train all associates assets with industry-proven security products and anticipate and research evolving threats, investigates to dispose of paper using a secure company-wide processes. Our Information Security Architecture team their potential impact to financial services companies, document destruction program. performs market research on potential products and examines company controls to detect and defend against tools. The team implements technology and applications those threats and proactively adjusts company defenses to protect the security of the systems and data from the against those threats. Technology Controls beginning of their life cycles. and Protocols The board of directors and our executives appreciate the severity of cybersecurity-related risks and support Security Monitoring the continuous development of and investment in the We allow only approved, company-managed devices to and Response Information Security program. join the private network for access and handling of client information in electronic form. We also have a secure thin-client access solution that allows authorized users The Cyber Defense Center team actively monitors Third-party Vendor to view and work with client information while keeping company networks and systems to detect suspicious or Controls that information secure within the company network. malicious events. A Managed Security Service Provider Associates may also access email, calendars, files, and supplements our monitoring to provide 24 hours a day, other resources on our private network by use of a secure seven days a week coverage. Internal investigators As the services of third-party providers are engaged, the application on the associate’s personal device. With use triage and investigate detected events. The company company utilizes a robust due diligence process prior of this secure application, all information remains on the maintains a cybersecurity Incident Response Plan. Per to executing an agreement. This process is led by the company network or in that company-managed secure the Incident Response Plan, an Incident Response team Vendor Management team and includes participation application container on the personal device. We strictly regularly performs exercises to simulate responses to of dedicated Information Security resources. Risk prohibit associates from exposing company and client cybersecurity events. Each exercise results in lessons assessments are performed using Service Organization information to non-Hancock Whitney-approved devices learned and subsequent improvement of the plan. The Controls (SOC) reports, self-attestation questionnaires or unauthorized parties. company also keeps expert firms on retainer to assist with and other tools. Third parties processing sensitive forensic investigation and management of any large-scale client data are contractually required to meet all legal cybersecurity events that could occur. and regulatory obligations to protect client data against security threats or unauthorized access. After contract executions, vendors undergo ongoing monitoring to ensure they continue to meet their security obligations.
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 29 Task Force on Climate- The Corporate Governance Committee advises the Board Company’s risk governance framework and risk appetite, related Financial Disclosure of Directors on corporate governance matters generally with the support of its management level portfolio and is specifically tasked with overseeing the Company’s risk committees and the Sustainability Committee. strategy and initiatives regarding ESG matters. The The Company has three portfolio committees: Credit The Financial Stability Board’s Task Force on Climate- Corporate Governance Committee receives reports from Committee, Asset/Liability Committee and Operations related Financial Disclosure (TCFD) provides a voluntary the Company’s Sustainability Committee (discussed Committee, which are responsible for credit risk, climate-related financial risk disclosure framework that further below) at least annually, and ESG matters are liquidity and market risk, and operational and legal risk, companies may use to provide consistent information regularly included on the committee’s agenda. respectively. to investors, lenders, insurers and other stakeholders. In this TCFD Appendix, we have aligned our reporting The Board Risk Committee ensures that a To provide support to CAPCO with respect to the around the TCFD framework’s four pillars: Governance, comprehensive Enterprise Risk Management program Company’s ESG and sustainability efforts, the Company Strategy, Risk Management, and Metrics and Targets. As exists to assist senior management in operating the formed a management-level Sustainability Committee this is our first TCFD-aligned disclosure, our intention is to Company in a rapidly changing environment, and to in 2021 that is specifically focused on the sustainable provide investors and other interested stakeholders with assist the Board in fulfilling its responsibilities with respect growth of the Company. information regarding the current state of our climate- to oversight of the Company’s risk governance framework related efforts across the TCFD’s key recommendations. and risk appetite. The Board Risk Committee reviews The Sustainability Committee assists CAPCO in (a) We expect that our reporting across all four pillars will the Company’s processes for identifying, assessing, developing strategies relating to the environment, evolve as we further integrate climate considerations monitoring, and managing the Company’s primary risk social responsibility and sustainable growth generally across our business. exposures. As discussed under “Risk Management” (which we refer to collectively as “sustainability”), (b) below, climate-related matters have potential impacts developing, implementing, and monitoring sustainability across the spectrum of our primary risk exposures, initiatives and policies, (c) overseeing the Company’s Governance and we are in the process of integrating climate-related sustainability reports and disclosures, and (d) monitoring matters into our enterprise risk management framework. and assessing sustainability developments. Our Chief Risk Officer chairs the Sustainability Committee; other Our Board of Directors’ Role in Oversight of The Audit Committee assists the Board in fulfilling members include our Chief Legal Officer, Director of Climate-related Matters its responsibilities for oversight of the accounting and Diversity and Inclusion, Chief Financial Officer, Chief financial reporting processes and audits of the financial Operating Officer, Chief Credit Officer, Chief Human Our Board of Directors is responsible for overseeing statements, the system of internal control, and the Resources Officer, and Investor Relations Manager. Hancock Whitney’s business and affairs, including process for monitoring compliance with laws and The Committee meets at least semiannually or more risks associated with the potential impact of climate- regulations, including laws and regulations relating to frequently as the Committee deems appropriate, and related matters. The Board oversees the Company’s climate-related risks and disclosures. from time to time forms working groups composed of corporate risk governance processes primarily through its cross-departmental representatives to assist it in carrying committees, and oversight of climate matters is delegated Our Management’s Role in Assessing and out its responsibilities. The Sustainability Committee to our Corporate Governance and Nominating Committee Managing Climate-related Matters provides reporting to CAPCO as the Chair deems (the Corporate Governance Committee), Risk Committee, appropriate, and to the Corporate Governance Committee and Audit Committee. of the Board at least annually and at such other times as Our Capital Committee (CAPCO) is composed of the may be requested. most senior executives of the business and directly oversees strategic and reputational risk, as well as the
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 30 The Company’s Chief Risk Officer chairs the Strategy Sustainability Committee to provide interconnectivity Impact of Climate-related Risks between the committee and the Company’s enterprise risk management function, which is responsible for Climate-related Risks and Opportunities and Opportunities incorporating climate-related risks into the Company’s risk framework. The company is currently in the early Given our operational footprint within the Gulf South and With respect to our own operations, we’ve long been stages of formally identifying and assessing climate- Gulfport, Mississippi headquarters, our company and committed to service when crisis hits. We understand related risks beyond operational risks stemming from associates are frequently impacted by hurricanes and that our customers need reliable banking services the Company’s geographic footprint. We believe the other storms, as well as flooding. when recovering from severe weather events, and governance framework that we have put in place will we endeavor—when it is safe and sensible for clients enable fulsome consideration of the climate risks and We are in the initial stages of examining how climate- and associates—to be the last to close and the first opportunities at Hancock Whitney as our practices and related physical, transition and regulatory risks may to open. Our actions taken to mitigate climate-related processes mature beyond those currently described in impact those to whom we lend or in which we invest, risks posed by hurricanes and other storms are guided this report. both at present and as extreme weather events grow by our business continuity plan. This plan outlines in frequency, intensity, and duration, as the effects of measures and protocols to take in preparation of, during The Disclosure Committee assists the Chief Executive climate change intensify. Our intention is to integrate any and after climate-related weather events to ensure Officer and Chief Financial Officer in fulfilling their findings into our business strategy over short-, medium- our critical business operations continue to function responsibility to ensure financial statements and and long-term time horizons. consistent with our commitment to service. In addition, disclosures made by the Company are complete, we believe it is paramount to provide relief and recovery accurate and timely filed in accordance with Securities resources to help associates and their families remain and Exchange Commission rules and regulations, stock safe and recover quickly when storms do occur. For exchange listing requirements, generally accepted example, in August 2021, approximately 25% of our accounting principles, internal policies, and other legal or associates were impacted by Hurricane Ida in some regulatory requirements. In addition to the Sustainability way. To assist associates in their recovery, we made a Committee, the Disclosure Committee reviews and $500,000 contribution to the Hancock Whitney Associate approves the content of the Company’s Environmental, Assistance Fund to provide relief and recovery grants Social Responsibility and Governance Report before for impacted associates. We also coordinated lodging, publication. blue tarp assistance, meals and other resources to further support associates in need, totaling more than $1.6 million.
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 31 Commercial & Industrial Portfolio and Sensitivity to Climate Change Transition Risk With respect to our loan portfolio, while not primarily DECEMBER 31, 2022 driven by direct consideration of climate-related risks, we have significantly reduced our exposure to the Total Commercial & Industrial Outstanding Loan Outstanding Loan Total Unfounded Total Unfounded Sensitivity to energy sector through a sale of a substantial portion of Sectors1 Balances Balances Commitments Commitments Transition Risk2 our energy loan portfolio as part of a broader de-risking ($ mil) (%) ($ mil) (%) strategy. Energy loans constituted 1% of our total loan Real Estate and Rental and $1,521.0 11.5 $542.9 8.7 portfolio as of December 31, 2022. Other concentrations Leasing in our loan portfolio include commercial and residential Health Care and Social 1,408.0 10.7 371.8 5.9 real estate, healthcare, hospitality and shared national Assistance credits. As noted above, we are in the early stages of Retail trade 1,218.8 9.2 255.4 4.1 currently assessing the vulnerability of these portfolios Manufacturing 1,145.9 8.7 613.0 9.8 to climate risk. Construction 1,034.9 7.9 793.1 12.7 Based on our severe weather experience to date, Wholesale trade 997.9 7.6 617.5 9.9 storms generally prompt temporary evacuation and unplanned closures of businesses, leading to supply Finance and insurance 966.7 7.3 568.8 9.1 chain disruptions, labor constraints, and cancellation Transportation and 872.2 6.6 309.8 4.9 or postponement of events that foster tourism. Certain warehousing income categories, such as ATM fees and secondary Professional, scientific, and 706.4 5.4 438.8 7.0 mortgage market operations, can also be temporarily technical services impacted by storm disruptions. However, our hurricane- Accommodation, food services 637.9 4.8 167.2 2.7 impacted markets generally experience increased and entertainment economic activity as the communities rebuild and recover Public administration 542.7 4.1 19.0 0.3 from the damage. As a result, deposit levels historically Other services (except public 396.6 3.0 136.4 2.2 have increased, primarily driven by stimulus funding and administration) insurance proceeds. Information 386.6 2.9 121.5 1.9 Admin, Support, Waste Mgmt, With respect to the consideration of new opportunities, Remediation Services 314.9 2.4 156.4 2.5 the Company has a New Product and Initiative (NPI) Educational services 298.1 2.3 147.6 2.4 Policy to prudently manage and assess the risks associated with the innovation and development of new, Energy 242.1 1.8 112.3 1.8 expanded, or modified products and services offered Other 488.8 3.7 891.5 14.2 by the Company. The policy defines what an NPI is and provides criteria to help make that determination. It also Total Commercial & Industrial $13,179.5 100.0 $6,263.0 100.0 sets forth the vetting and approval process required Portfolio for NPIs, including risk assessment, whether posed 1 2 Commercial and industrial loans include commercial non-real estate and Sensitivity to transition risk in terms of likelihood of negative rating migration in by climate-related risks or otherwise. Our NPI policy commercial real estate owner occupied. a disorderly transition scenario to a lower carbon economy enables us to assess the inherent risks associated with Sensitivity significant enough to cause negative rating a proposed new product and/or initiative, to identify the No expected impact Moderate Sensitivity migration in more than 25% of the subportfolio requirements or actions necessary to sufficiently mitigate
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 32 risk to an acceptable level, and to identify subject-matter The Company’s risk philosophy is to proactively manage Risks are primarily identified through quarterly evaluation experts to be involved in the project. The NPI Risk risks to capture opportunities and maximize shareholder of our risk universe, with risks being added or removed as Questionnaire is broad and covers all of the risks in the value. With our Core Values ever present, we set corporate appropriate. Risks are categorized across the seven risk HWC Risk Hierarchy. At this time, we are determining strategic objectives, establish strategies and make distinct categories in our ERM Policy: Credit, Market, Liquidity, the best methods to incorporate climate-related risks in risk/reward decisions with the utmost consideration Operational, Legal, Reputational, and Strategic. The table the assessment. The results aid the Company’s decision for the strength and stability of the Company, impact below defines each risk category. of whether to move forward with the project/initiative and to its overall aggregate risk profile, and risk appetite. provide project managers with requirements to include The Company must balance revenue generation and in the project plan. profitability with the inherent risks of its business activities to ensure its efforts are not diminished through avoidable Our Resilient Strategy loss, both direct and indirect. We have yet to conduct climate-related scenario analysis. However, we are working to better understand the Risk Type Definition landscape of climate transition scenarios, and have Credit Credit risk arises from the potential that a borrower or counterparty will fail to perform on an obligation, begun to review scenarios to understand at a general level including failures due to climate risk or related impacts. the magnitude and trajectory of potential risks posed by a warming planet and how those risks may impact our Market The Company’s market risk exposure is derived primarily from interest rate risk embedded in its business in the longer term. balance sheet. Interest rate risk is the exposure of an institution’s financial condition—earnings or capital—to movements in interest rates. Risk Management Liquidity Liquidity represents the ability of a financial institution to fund assets and meet obligations as they become due. Operational Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, Identifying and Assessing people, and systems or from external events, including climate-related events and disasters. Climate-related Risks Legal Legal risk generally involves (i) legislative or regulatory compliance risk, i.e., the risk that the Company fails to properly implement legislative or regulatory requirements, (ii) contractual risk, i.e., we do not Hancock Whitney’s ERM function, led by our Chief Risk have the expected rights and obligations in agreements with our clients, service providers or vendors, Officer, is responsible for overseeing the identification, or with other third parties, and (iii) dispute or litigation risk, i.e., the costs of defending, settling or otherwise resolving such disputes. assessment, measurement, monitoring, mitigation and reporting of risk. Reputational Reputational risk is the potential that negative publicity regarding an institution’s business practices, whether true or not, will cause a decline in the customer base, costly litigation or revenue reductions. Reputation with shareholders and associates also is an important factor of reputational risk. Strategic Strategic risk is the risk to current or anticipated earnings, capital or franchise or enterprise value arising from adverse business decisions, poor implementation of business decisions, or lack of responsiveness to changes in the competitive landscape of banking and financial services industries and operating environment, including changes in response to climate threats.
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 33 We utilize a Risk Rating Methodology throughout the OPERATIONAL RISK MANAGEMENT RISK APPETITE STATEMENT company in order to provide business owners with a Operational risk is defined as the risk of loss resulting The Board of Directors of the Company and senior systematic way of prioritizing risks such that the most from inadequate or failed internal processes, people, management have approved a Risk Appetite Statement to critical exposures to the business function are easily and systems or from external events. reflect the Company’s core business mission, principles, identifiable. This information allows the business to values, and strategic vision, all working in concert to help ensure appropriate activities, such as risk mitigation or The Company has instituted a Three Lines of Defense achieve our corporate purpose of creating opportunities resource allocation, are taken into consideration when model that outlines the risk management roles and for communities and people. Risk taking is a fundamental managing its risk environment. responsibilities among frontline business owners, characteristic of providing financial services and is independent risk management functions and inherent in every transaction we undertake. The risk Managing Climate-related Risks independent assurance functions. The operating appetite statement is a comprehensive enterprise effectiveness of a line of defense is enhanced by document that helps establish the tone for the Company’s ENTERPRISE RISK MANAGEMENT the effectiveness of the respective lines’ monitoring risk-taking activities. and oversight in an overlapping and interdependent ERM is the Company’s process to provide reasonable relationship. assurance regarding the achievement of its objectives while managing risk within its risk appetite. ERM Senior management is responsible for supporting each leverages the Company’s risk governance framework to of the lines of defense and including appropriate leaders provide visibility into the Company’s corporate risk profile from the independent risk and assurance functions in to help inform decision-making by management and the significant organizational changes or developments. Board Risk Committee. ERM also ensures the Company’s Independent risk management and assurance functions risk governance framework continues to mature with will coordinate with each other, work closely with business its internal and external business environment through owners, and communicate timely with the committee continuous improvement. Enterprise Risk Administration structure to help ensure an effective and efficient risk oversees and governs the ERM process and is part of the governance framework. second line of defense. The Company has four ERM objectives: • Enhance strategic thinking and planning to identify pertinent opportunities and threats • Improve risk-adjusted decision-making • Spread risk awareness and embed risk management practices throughout the Company • Enhance credibility with key stakeholders— directors, shareholders, associates and regulators
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 34 Integration of Processes to Identify, Assess RCSA provides a systematic means of identifying and Metrics/Targets and Manage Climate-related Risks assessing operational risks and the effectiveness of controls. The core characteristics of the RCSA consist of: Assessment of Metrics of Climate-related Our ERM function, in partnership with our business • The identification of risks that could threaten the and support lines, is responsible for executing on plans achievement of objectives, and the activities and Risks and Opportunities throughout the year to address or mitigate our key, processes affected by the different risks identified; identified risks across our risk categories. As noted We embrace our responsibility to be a good steward of previously, we currently view climate as a transversal • Identifying the controls in place intended to our natural resources. In terms of operational metrics, risk impacting these seven risk categories. As we build manage the risks or prevent the risks from we have established a system for analyzing energy capabilities to model and measure the potential impact materializing; usage in our real estate portfolio and have established a of climate risk on our business, our intention is that we • Determining where responsibility for performing centralized energy management system for our offices. develop quantitative approaches in the future to evaluate those controls lies; and We also track paper usage and recycling efforts, and and assess the potential ranges of risk severity posed by • An assessment of the effectiveness of the controls are mindful of considering the environmental impact of climate-related risk. and the level of residual risk. building and construction as well as furniture, fixtures and equipment decisions. Details regarding these The Company utilizes a Risk and Control Self-Assessment Assess and Quantify initiatives and metrics related thereto can be found (RCSA) process, which is facilitated by Operational Risk under the Environmental Responsibility section of this Management and conducted by the Operating Unit Key Risks ESG Report. management team. The RCSA process enables the Company to: The RCSA assesses operational risk exposure. The As for broader climate-related risk exposures and • Identify those operational risks that may impede expected outcome is that residual risk will be lower opportunities stemming from our business operations, the Operating Unit’s ability to achieve strategic than inherent risk, depending upon the extent and we are currently evaluating what metrics can help us objectives and initiatives effectiveness of the controls in place. The Company’s assess those risks and opportunities, particularly within approach is to use the RCSA to assess the level of its our lending and investment portfolios. • Determine existence of horizontal and vertical current residual operational risk exposure as it stands interdependencies given the controls in place. This approach recognizes that • Facilitate development of effective risk an understanding of the inherent risk profile is essential management practices in order to identify improvements required for existing • Enhance opportunities for improved risk mitigation controls to manage the risk exposure to the desired level. activities (i.e., proactively identifying potential audit, compliance, and regulatory findings) • Improve identification of potential operational loss events Company goals are aspirational and not guarantees or promises that all goals will be met. Statistics and metrics included in this document are estimates and may • Maximize risk/reward decision-making processes be based on assumptions or developing standards. Content available at websites and in documents referenced in this document are not incorporated herein and are not part of this document. Hancock Whitney Bank, Member FDIC and Equal Housing Lender. All loans and accounts subject to credit approval. Terms and conditions apply. © 2023 Hancock Whitney Bank.
TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES 35 Scope 1 and Scope 2 GHG Emissions Units 2021 2022 We began measuring our operational greenhouse gas Scope 1 CO -e (metric tons) 649 617 2 (GHG) emissions (Scopes 1 and 2) for the 2021 calendar year. A summary of those emissions is provided here. Scope 2 CO -e (metric tons) 14,434 15,057 2 (location-based) Targets to Manage Climate-related Risks Scope 2 CO -e (metric tons) 14,727 15,187 and Opportunities 2 (market-based) Total Scope 1 and CO -e (metric tons) 15,083 15,674 As the GHG emissions data at right represent our 2 inaugural effort to collect such information, we have not Location-based Scope 2 established any targets to date. As we continue to assess Total Scope 1 and CO -e (metric tons) 15,376 15,805 the risks and opportunities that climate change presents 2 to our business—directly or indirectly—we may establish Market-based Scope 2 targets in the future. In the index on the following page, we are reporting certain SASB metrics that are relevant to our commercial banking activities, which constitute our principal line of business. The chart at right includes a summary of Hancock Whitney’s Scope 1 and Scope 2 (location- and market- based) emissions for the 2021 and 2022 calendar years. As recommended by the GHG Protocol, Scope 2 emissions were calculated utilizing both location-based and market-based methodologies. As defined by the World Resources Institute/World Business Council for Sustainable Development (WRI/WBCSD), the location- based method is based on grid average emissions, while the market-based method reflects emissions based on energy procurement purchasing decisions. The GHG emissions summary was calculated based on the data available, using a methodology consistent with the WRI/WBCSD GHG Protocol Corporate Accounting and To help reduce our greenhouse gas emissions, HWC is committed to installing electric vehicle charging stations throughout our footprint. Reporting Standard for emissions calculations.
SUSTAINABILITY ACCOUNTING STANDARDS BOARD INDEX 36 In the index below, we are reporting certain SASB metrics that are relevant to our commercial banking activities, which constitute refer to our quarterly earnings materials as well as our quarterly and annual reports on Form 10-Q and Form 10-K, respectively. our principal line of business. Where information relating to a specific metric was not readily available, we have, to the extent Certain information may not be disclosed within the index below if it is not considered material or if it is privileged or confidential, practicable, referenced existing disclosures that we believe are most responsive to that metric. Unless otherwise noted, all data and could cause a competitive disadvantage to our business if publicly disseminated, or is not currently collected in a manner wholly descriptions are as of or for the year ended December 31, 2022. For additional information about our financial performance, please correlative with the related SASB metric. Metric Response Data Security 1) Number of data breaches, (2) percentage involving personally identifiable information (PII), (3) To the extent that Hancock Whitney has material cybersecurity incidents, those incidents would be number of account holders affected FN-CB-230a.1 reported in our 2022 annual report. Description of approach to identifying and addressing data security risks FN-CB-230a.2 Refer to the “Operational Risk Management” section on page 73 of our 2022 annual report; the “Board’s Role in Oversight of Cyber Risk” section on page 32 of our 2022 proxy statement; and the “Information Security and Privacy” section beginning on page 27 of our 2022 ESG Report. Financial Inclusion & Capacity Building (1) Number and (2) amount of loans outstanding qualified to programs designed to promote small Refer to the “Reinvesting in Our Communities” section beginning on page 13 of our 2022 ESG Report business and community development FN-CB-240a.1 for certain information relating to this item. (1) Number and (2) amount of past due and nonaccrual loans qualified to programs designed to See introduction for reasons for nondisclosure. promote small business and community development FN-CB-240a.2 Number of no-cost retail checking accounts provided to previously unbanked or underbanked See introduction for reasons for nondisclosure. customers FN-CB-240a.3 Number of participants in financial literacy initiatives for unbanked, underbanked, or underserved Refer to the “Financial Education,” “Hancock Whitney Financial Cents” and “Hancock Whitney customers FN-CB-240a.4 Financial Education Month and Founders Month” sections on page 11 of our 2022 ESG Report. Incorporation of Environmental, Social & Governance Factors in Credit Analysis Commercial and industrial credit exposure, by industry FN-CB-410a.1 Refer to Table 11, “Commercial & Industrial Loans by Industry Concentration” on page 58 of our 2022 annual report. Description of approach to incorporation of environmental, social and governance (ESG) factors in Refer to the “Loan Production, Underwriting Standards and Credit Review” section on page 6 of our credit analysis FN-CB-410a.2 2022 annual report for certain information relating to this item. Business Ethics Total amount of monetary losses as a result of legal proceedings associated with fraud, insider Our material legal proceedings and legal contingencies disclosures are included in Note 19 – trading, anti-trust, anti-competitive behavior, market manipulation, malpractice, or other related Commitments and Contingencies, to the consolidated financial statements on page 134 of our 2022 financial industry laws or regulations FN-CB-510a.1 annual report. Description of whistleblower policies and procedures FN-CB-510a.2 Refer to the “Whistleblower Policy” included on the investor relations page of our website. Systemic Risk Management Global Systemically Important Bank (G-SIB) score, by category FN-CB-550a.1 According to the Basel Committee on Banking Supervision’s assessment methodology, Hancock Whitney is not considered to be a Global Systemically Important Bank and, accordingly, does not have a G-SIB score. Description of approach to incorporation of results of mandatory and voluntary stress tests into capital Refer to the “Risk Committee Governance Structure” section on page 69 of our 2022 annual report for adequacy planning, long-term corporate strategy and other business activities FN-CB-550a.2 certain information relating to this item. Activity Metrics (1) Number and (2) value of checking and savings accounts by segment: (a) personal and (b) small See introduction for reasons for nondisclosure. business FN-CB-000.A (1) Number and (2) value of loans by segment: (a) personal, (b) small business and (c) corporate See introduction for reasons for nondisclosure. FN-CB-000.B