Camden National Corporation · NASDAQ:CAC
Camden National — Investor Presentation (November 2026)
17 slides from Camden National's investor presentation, Nov 5, 2026
Slide 1: Investor Presentation
Investor Presentation Simon Griffiths | President & Chief Executive Officer Mike Archer | EVP, Chief Financial Officer Renée Smyth | EVP, Chief Experience & Marketing Officer ~~. November 2026
Slide 2: Forward-Looking Statements and Additional Information
12 Forward-Looking Statements and Additional Information This presentation may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including certain plans, expectations, goals, projections, and statements, which are subject to
Slide 3: Camden National Corporation: Who We Are
2 Camden National Corporation • Largest publicly traded bank headquartered in Northern New England • Parent company of Camden National Bank - Established 1875 Who We Are 3 High-Value Franchise $7.1B Assets $5.0B Loans $5.8B Deposits 675+ Employees 72 Branches $2.6B AUM/A As of September 30, 2026 NAS
Slide 4: A Focused Strategy to Fuel Accelerated Growth
A Focused Strategy to Fuel Accelerated Growth 54 Proven acquiror Positioned for commercial banking expansion through deep local expertise and expanded market presence Bolstering wealth management with an exceptional service model reaching mass affluent and affluent customers Early adoption o
Slide 5: Why Invest?
Why Invest? 5 • Low-risk, high-quality balance sheet Top-quartile credit performance supported by disciplined underwriting and portfolio diversification • Stable, relationship-driven deposit base Granular, low-cost deposits anchored in primary customer relationships • Well-diversified revenue base C
Slide 6: Positioned for Growth in Neighboring Attractive Markets
$5.7B $5.6B $3.7B $3.5B $3.3B $3.0B $2.7B $2.4B $2.3B $2.3B $1.7B $1.6B $1.4B $1.4B $1.2B $1.0B $1.0B $0.8B $0.8B $0.8B Bangor Savings Camden Northeast Bank Bar Harbor NH Mutual ClearNorth First National Bank of New Hampshire Maine Community Machias Savings Kennebunk Norway Savings Kennebec Savings
Slide 7: Technology and Innovation Supporting Scalable Growth
Technology and Innovation Supporting Scalable Growth 77 140+ Automation bots ~6.3 million Transactions processed annually 95,000+ Hours of cumulative capacity created Scale Operations Efficiently Expand capacity Automate repeatable workflows to support scale and processing consistency Build on an e
Slide 8: NII and NIM Expansion
$51.6 $54.2 $52.6 $53.2 $55.7 2.82% 2.92% 2.92% 2.97% 3.10% 3.16% 3.29% 3.24% 3.26% 3.41% 3Q25 4Q25 1Q26 2Q26 3Q26 NII - FTE Core NIM - FTE(1) NIM - FTE NII and NIM Expansion 8 Net Interest Margin Highlights (as of September 30, 2026) • NIM up 25 bps and core NIM(1) up 28 bps, YoY • Anticipate Q4 ’2
Slide 9: Well-Balanced Loan Portfolio
Well-Balanced Loan Portfolio • #3 residential mortgage lender in Maine • Growing HELOC portfolio, up 25% YoY • No large commercial credit concentrations • Total syndicated loan balance of $98mm, or 2% of total book across 11 loans • Recently added experienced talent in high- growth markets of Southe
Slide 10: High-Quality, Low-Cost Deposit Franchise
Savings/Money Market 35% Interest Checking 33% Noninterest Checking 20% CDs 10% Brokered Deposits 2% High-Quality, Low-Cost Deposit Franchise (1) This is a non-GAAP financial measure. Refer to the non-GAAP reconciliation table in the appendix. • Total deposits less brokered deposits grew 9% YoY • Cu
Slide 11: Superior Asset Quality
Superior Asset Quality (1) NCOs to average loans is quarter-to-date annualized. (2) Peer Group defined as component companies of the S&P U.S. SmallCap Banks index with total assets between $2.0 billion and $10.0 billion, excluding merger targets. YTD figures are as of 6/30/26. Source: S&P Global. NP
Slide 12: Commercial Diversification Positioned for Expansion
Real Estate Investment 51% Lodging 12% Retail Trade 7% Health Care / Social Asst. 6% Construction 3% Wholesale Trade 3% Manufacturing 3% Other Services 3% Other (15 Industries <3.0%) 12% Commercial Diversification Positioned for Expansion 9 Real Estate Investment Breakdown (as of 9/30/26) CRE and Co
Slide 13: Diversified and Growing Non-Interest Income
$2.36 $2.44 $2.43 $2.59 $2.61 3Q25 4Q25 1Q26 2Q26 3Q26 Diversified and Growing Non-Interest Income 1213 Non-Interest Income Highlights (as of September 30, 2026) • 10% AUM YoY organic growth driving fee income momentum • Non-interest income represents 19% of total revenue • Residential mortgage sale
Slide 14: Driving Operating Efficiency and Scale
Driving Operating Efficiency and Scale ($ in millions) Efficiency Ratio(2) 52% 52% 53% 53% 52% Non-Interest Expense Highlights (as of September 30, 2026) 13 (1)This is a non-GAAP measure. Refer to the non-GAAP reconciliation table in the appendix. (2)This is a non-GAAP financial measure. Refer to th
Slide 15: Capital Levels that Support Key Strategic Initiatives
Capital Levels that Support Key Strategic Initiatives (1) This is a non-GAAP financial measure. Refer to the Company’s financial information filed with the SEC for the respective period. (2) Payout Ratio = (Dividends + Share Repurchases) / Net Income. 15 Capital Highlights (as of September 30, 2026,
Slide 16: Appendix
APPENDIX finden NATIONAL | 16 CORPORATION
Slide 17: Non-GAAP Reconciliation
16 Non-GAAP Reconciliation 17 (In thousands) September 30, 2026 September 30, 2025 Total deposits, as presented 5,849,336$ 5,402,758$ Add: Customer repurchase agreements 261,691 254,992 Less: Brokered deposits 80,498 124,326 Adjusted total deposits 6,030,529$ 5,533,424$ (In thousands) September 30,
Camden National — Investor Presentation (November 2026) on 6ix