The Bank of N.T. Butterfield & Son Limited is governed by applicable laws, a Mission Statement/Core
Values and ethical business practices. The Group is compliant with corporate governance policies
adopted by the Board of Directors, including Terms of Reference for all Board Committees Group-wide.
Collectively, these corporate governance policies, Terms of Reference, compliance with legal and
regulatory requirements, and its Mission Statement/Core Values make up the corporate governance
framework of The Bank of N.T. Butterfield & Son Limited.
The Chief Executive Officer (CEO), senior management and other employees, with
oversight by the Board of Directors, conduct the business of The Bank of N.T. Butterfield & Son Limited in
the best interests of its shareholders.
Butterfield takes its responsibility to its shareholders, clients and employees very seriously, committing to
corporate governance best practices and acting in the best interest of all.