Share Print Insights on the Banking Industry Austin Hawley, CFA 14 March 2023 Portfolio Manager Austin Hawley, CFA, shares Diamond Hill’s insights on ongoing developments in the banking industry. As of 28 February 2023, Diamond Hill owned shares of Bank of America Corp., First Republic Bank, Silicon Valley Bank and Truist Financial Corp. As of March 16, Diamond Hill no longer had any exposure to First Republic Bank (FRC) in any of its strategies. As in any evolving situation, we continually evaluate risk versus reward and act accordingly. The views expressed are those of the speakers as of 14 March 2023 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.