BOK FINANCIAL CORP — Call Transcript 2026

Good afternoon, everyone, and welcome to the BOK Financial Annual Meeting of Shareholders. Now I'll turn the meeting over to George Kaiser, Chairman of BOK Financial Corporation. Please go ahead, Mr. Kaiser. Thank you for joining us at the annual meeting of the shareholders of BOK Financial Corporation. I'm George Kaiser, the Chairman of BOK Financial Corp. At this time, I call the meeting to order. This shareholder meeting is taking place solely on the internet via webcast. This webcast incorporates shareholder validation capabilities, which means that any shareholder can vote in real time during the meeting until we announce the polls are closed. Any shareholder may submit a question through the online portal while the meeting is in progress. All shareholders received a 16-digit control number with their proxy. If you entered the shareholder meeting using the control number, you can vote online until the time the polls close. The polls to vote online are now open. Tamara Sloan, General Counsel and Corporate Secretary for BOK Financial, will serve as Inspector of Elections for today's meeting. Ms. Sloan, is there a quorum present? Mr. Chairman, a quorum is present. Thank you, Tamara. I'll now introduce Stacy Kymes, President and Chief Executive Officer of the Corporation. Good afternoon, everyone. Thank you for joining us. I'd like to also introduce Marty Grunst, Chief Financial Officer of the Corporation. We're also joined by representatives from Ernst & Young, our independent auditors, who are available to respond to your questions, and by members of our board of directors. We have three formal items of business today. First, to elect 15 persons as directors for a term of one year or until their successors have been elected and qualified. Second, to ratify Ernst & Young LLP as the company's independent auditor for the fiscal year ending December 31, 2026. Third, to consider an advisory vote to approve the compensation of the company's named executive officers. If you have questions on these formal items of business, please enter them now on the Ask the Question section of the annual meeting portal. We'll pause a moment to allow you to enter your questions. Mr. Chairman, we have no questions at this time. Thank you. Any shareholders participating in this meeting should vote their shares now if they have not already voted by proxy. If you wish to rescind your proxy and vote on your own behalf, you may do so now through the online portal. We'll pause a moment to allow shareholders to vote and to compile the outcome of the elections. The polls will be closing momentarily. Thank you. The polls are now officially closed. Will the Inspector of Elections please present the results of the vote? Mr. Chairman, as Inspector of the Elections, I've reviewed the proxies received prior to the meeting and the votes received during the meeting. Based on the preliminary count of proxies and ballots, each of the 15 director nominees have been elected to the Board of Directors. Second, the appointment of Ernst & Young as independent auditors of the company for its fiscal year ending December 31st, 2026, has been ratified. Third, the approval on an advisory basis of the compensation of the company's named Executive Officers, as disclosed in the company's proxy statement, has been ratified. Thank you. That concludes the formal portion of the annual meeting of shareholders of BOK Financial Corporation. Stacy Kymes, our CEO, will now conduct a question and answer session. Stacy? Thank you, George. We'll now take any questions that you may have regarding our business or our financial results. If you have a question, you may submit it through the Ask Question button on your annual meeting portal. We'll pause a moment to compile the Q&A queue. Mr. Kymes, we have no questions at this time. As there are no further questions, I'd like to ask for a motion for adjournment. Moved. May I have a second? Second. All in favor? [crosstalk] Any opposed? Any abstentions? The annual meeting of shareholders is now adjourned. Oh. We thank you for attending and welcome your comments and suggestions throughout the year. That concludes our meeting today. You may now disconnect.

Speaker 2: Good afternoon, everyone, and welcome to the BOK Financial Annual Meeting of Shareholders. Now I'll turn the meeting over to George Kaiser, Chairman of BOK Financial Corporation. Please go ahead, Mr. Kaiser. Good afternoon, everyone, and welcome to the BOK Financial Annual Meeting of Shareholders. good afternoon everyone and welcome to the bok financial annual meeting of shareholders Now I'll turn the meeting over to George Kaiser, Chairman of BOK Financial Corporation. now i'll turn the meeting over to george kaiser chairman of bok financial corporation Please go ahead, Mr. Kaiser. please go ahead mr kaiser

Speaker 1: Thank you for joining us at the annual meeting of the shareholders of BOK Financial Corporation. I'm George Kaiser, the Chairman of BOK Financial Corp. At this time, I call the meeting to order. This shareholder meeting is taking place solely on the internet via webcast. This webcast incorporates shareholder validation capabilities, which means that any shareholder can vote in real time during the meeting until we announce the polls are closed. Any shareholder may submit a question through the online portal while the meeting is in progress. All shareholders received a 16-digit control number with their proxy. If you entered the shareholder meeting using the control number, you can vote online until the time the polls close. The polls to vote online are now open. Thank you for joining us at the annual meeting of the shareholders of BOK Financial Corporation. thank you for joining us at the annual meeting of the shareholders of bok financial corporation I'm George Kaiser, the Chairman of BOK Financial Corp. i'm george kaiser the chairman of bok financial corp At this time, I call the meeting to order. at this time i call the meeting to order This shareholder meeting is taking place solely on the internet via webcast. this shareholder meeting is taking place solely on the internet via webcast This webcast incorporates shareholder validation capabilities, which means that any shareholder can vote in real time during the meeting until we announce the polls are closed. this webcast incorporates shareholder validation capabilities which means that any shareholder can vote in real time during the meeting until we announce the polls are closed Any shareholder may submit a question through the online portal while the meeting is in progress. any shareholder may submit a question through the online portal while the meeting is in progress All shareholders received a 16-digit control number with their proxy. all shareholders received a 16-digit control number with their proxy If you entered the shareholder meeting using the control number, you can vote online until the time the polls close. if you entered the shareholder meeting using the control number you can vote online until the time the polls close The polls to vote online are now open. the polls to vote online are now open Tamara Sloan, General Counsel and Corporate Secretary for BOK Financial, will serve as Inspector of Elections for today's meeting. Ms. Sloan, is there a quorum present? Tamara Sloan, General Counsel and Corporate Secretary for BOK Financial, will serve as Inspector of Elections for today's meeting. tamara sloan general counsel and corporate secretary for bok financial will serve as inspector of elections for today's meeting Ms. Sloan, is there a quorum present? ms sloan is there a quorum present

Speaker 4: Mr. Chairman, a quorum is present. Mr. Chairman, a quorum is present. mr chairman a quorum is present

Speaker 1: Thank you, Tamara. I'll now introduce Stacy Kymes, President and Chief Executive Officer of the Corporation. Thank you, Tamara. thank you tamara I'll now introduce Stacy Kymes, President and Chief Executive Officer of the Corporation. i'll now introduce stacy kymes president and chief executive officer of the corporation

Speaker 3: Good afternoon, everyone. Thank you for joining us. I'd like to also introduce Marty Grunst, Chief Financial Officer of the Corporation. We're also joined by representatives from Ernst & Young, our independent auditors, who are available to respond to your questions, and by members of our board of directors. Good afternoon, everyone. good afternoon everyone Thank you for joining us. thank you for joining us I'd like to also introduce Marty Grunst, Chief Financial Officer of the Corporation. i'd like to also introduce marty grunst chief financial officer of the corporation We're also joined by representatives from Ernst & Young, our independent auditors, who are available to respond to your questions, and by members of our board of directors. we're also joined by representatives from ernst & young our independent auditors who are available to respond to your questions and by members of our board of directors

Speaker 1: We have three formal items of business today. First, to elect 15 persons as directors for a term of one year or until their successors have been elected and qualified. Second, to ratify Ernst & Young LLP as the company's independent auditor for the fiscal year ending December 31, 2026. Third, to consider an advisory vote to approve the compensation of the company's named executive officers. If you have questions on these formal items of business, please enter them now on the Ask the Question section of the annual meeting portal. We'll pause a moment to allow you to enter your questions. We have three formal items of business today. we have three formal items of business today First, to elect 15 persons as directors for a term of one year or until their successors have been elected and qualified. first to elect 15 persons as directors for a term of one year or until their successors have been elected and qualified Second, to ratify Ernst & Young LLP as the company's independent auditor for the fiscal year ending December 31, 2026. second to ratify ernst & young llp as the company's independent auditor for the fiscal year ending december 31 2026 Third, to consider an advisory vote to approve the compensation of the company's named executive officers. third to consider an advisory vote to approve the compensation of the company's named executive officers If you have questions on these formal items of business, please enter them now on the Ask the Question section of the annual meeting portal. if you have questions on these formal items of business please enter them now on the ask the question section of the annual meeting portal We'll pause a moment to allow you to enter your questions. we'll pause a moment to allow you to enter your questions

Speaker 5: Mr. Chairman, we have no questions at this time. Mr. Chairman, we have no questions at this time. mr chairman we have no questions at this time

Speaker 1: Thank you. Any shareholders participating in this meeting should vote their shares now if they have not already voted by proxy. If you wish to rescind your proxy and vote on your own behalf, you may do so now through the online portal. We'll pause a moment to allow shareholders to vote and to compile the outcome of the elections. The polls will be closing momentarily. Thank you. The polls are now officially closed. Will the Inspector of Elections please present the results of the vote? Thank you. thank you Any shareholders participating in this meeting should vote their shares now if they have not already voted by proxy. any shareholders participating in this meeting should vote their shares now if they have not already voted by proxy If you wish to rescind your proxy and vote on your own behalf, you may do so now through the online portal. if you wish to rescind your proxy and vote on your own behalf you may do so now through the online portal We'll pause a moment to allow shareholders to vote and to compile the outcome of the elections. we'll pause a moment to allow shareholders to vote and to compile the outcome of the elections The polls will be closing momentarily. the polls will be closing momentarily Thank you. thank you The polls are now officially closed. the polls are now officially closed Will the Inspector of Elections please present the results of the vote? will the inspector of elections please present the results of the vote

Speaker 4: Mr. Chairman, as Inspector of the Elections, I've reviewed the proxies received prior to the meeting and the votes received during the meeting. Based on the preliminary count of proxies and ballots, each of the 15 director nominees have been elected to the Board of Directors. Second, the appointment of Ernst & Young as independent auditors of the company for its fiscal year ending December 31st, 2026, has been ratified. Third, the approval on an advisory basis of the compensation of the company's named Executive Officers, as disclosed in the company's proxy statement, has been ratified. Mr. Chairman, as Inspector of the Elections, I've reviewed the proxies received prior to the meeting and the votes received during the meeting. mr chairman as inspector of the elections i've reviewed the proxies received prior to the meeting and the votes received during the meeting Based on the preliminary count of proxies and ballots, each of the 15 director nominees have been elected to the Board of Directors. based on the preliminary count of proxies and ballots each of the 15 director nominees have been elected to the board of directors Second, the appointment of Ernst & Young as independent auditors of the company for its fiscal year ending December 31st, 2026, has been ratified. second the appointment of ernst & young as independent auditors of the company for its fiscal year ending december 31st 2026 has been ratified Third, the approval on an advisory basis of the compensation of the company's named Executive Officers, as disclosed in the company's proxy statement, has been ratified. third the approval on an advisory basis of the compensation of the company's named executive officers as disclosed in the company's proxy statement has been ratified

Speaker 1: Thank you. That concludes the formal portion of the annual meeting of shareholders of BOK Financial Corporation. Stacy Kymes, our CEO, will now conduct a question and answer session. Stacy? Thank you. thank you That concludes the formal portion of the annual meeting of shareholders of BOK Financial Corporation. that concludes the formal portion of the annual meeting of shareholders of bok financial corporation Stacy Kymes, our CEO, will now conduct a question and answer session. stacy kymes our ceo will now conduct a question and answer session Stacy? stacy

Speaker 3: Thank you, George. We'll now take any questions that you may have regarding our business or our financial results. If you have a question, you may submit it through the Ask Question button on your annual meeting portal. We'll pause a moment to compile the Q&A queue. Thank you, George. thank you george We'll now take any questions that you may have regarding our business or our financial results. we'll now take any questions that you may have regarding our business or our financial results If you have a question, you may submit it through the Ask Question button on your annual meeting portal. if you have a question you may submit it through the ask question button on your annual meeting portal We'll pause a moment to compile the Q&A queue. we'll pause a moment to compile the q&a queue

Speaker 5: Mr. Kymes, we have no questions at this time. Mr. Kymes, we have no questions at this time. mr kymes we have no questions at this time

Speaker 1: As there are no further questions, I'd like to ask for a motion for adjournment. As there are no further questions, I'd like to ask for a motion for adjournment. as there are no further questions i'd like to ask for a motion for adjournment

Speaker 6: Moved. Moved. moved

Speaker 1: May I have a second? May I have a second? may i have a second

Speaker 7: Second. Second. second

Speaker 1: All in favor? All in favor? all in favor

Speaker 6: [crosstalk] [crosstalk] [crosstalk]

Speaker 1: Any opposed? Any abstentions? The annual meeting of shareholders is now adjourned. Any opposed? any opposed Any abstentions? any abstentions The annual meeting of shareholders is now adjourned. the annual meeting of shareholders is now adjourned

Speaker 6: Oh. Oh. oh

Speaker 1: We thank you for attending and welcome your comments and suggestions throughout the year. We thank you for attending and welcome your comments and suggestions throughout the year. we thank you for attending and welcome your comments and suggestions throughout the year

Speaker 2: That concludes our meeting today. You may now disconnect. That concludes our meeting today. that concludes our meeting today You may now disconnect. you may now disconnect