ASSOCIATED BANC-CORP

Loans

Second quarter 2025 average total loans of $30.5 billion increased 1%, or $381 million, from the prior quarter and increased 3%, or $912 million, from the same period last year. With respect to second quarter 2025 average balances by loan category:

•Commercial and business lending increased $371 million from the prior quarter and increased $1.1 billion from the same period last year to $12.1 billion.

•Commercial real estate lending increased $138 million from the prior quarter and increased $202 million from the same period last year to $7.5 billion.

•Consumer lending decreased $128 million from the prior quarter and decreased $374 million from the same period last year to $10.9 billion.

Second quarter 2025 period end total loans of $30.6 billion increased 1%, or $313 million, from the prior quarter and increased 3%, or $989 million, from the same period last year. With respect to second quarter 2025 period end balances by loan category:

•Commercial and business lending increased $339 million from the prior quarter and increased $1.3 billion from the same period last year to $12.4 billion.

•Commercial real estate lending decreased $86 million from the prior quarter and increased $64 million the same period last year to $7.3 billion.

•Consumer lending increased $60 million from the prior quarter and decreased $385 million from the same period last year to $10.9 billion.

We continue to expect 2025 period end loan growth of 5% to 6% as compared to the year ended December 31, 2024.