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P.O. Box 10, Manitowoc, WI 54221-0010

For more information, contact:

Rachel Oakes, Marketing Communications Manager Phone: (608) 372-2265 [email protected]

FOR IMMEDIATE RELEASE

A rendering of Bank First’s future operations center in Manitowoc, WI.

Bank First announces plans to build 13,100 square foot operations center in Manitowoc

MANITOWOC, WI, August 11, 2021 – Bank First (NASDAQ: BFC) (“Bank First”) is pleased to announce its intention to build a new environmentally friendly operations center. The new 13,100 square foot facility will be located on the 8.74 acre land in the industrial park at the corner of Dufek Drive and West Drive in Manitowoc.

Bank First has grown exponentially over the past decade, with its asset size growing from $ 910 million in 2011 to $ 2.8 billion today. In daily pursuit of its promise to be a relationship-based community bank focused on delivering innovative value-driven products and services, the bank expects this increase to continue and has sought ways to accommodate the additional staff needed to support its growth.

“We are delighted to officially announce plans to build our new operations center,” said Mike Molepske, CEO of Bank First. “The addition of this new facility is essential for our future. With the rapid growth of our bank over the past few years, we have simply exceeded our current space for our operations team at Manitowoc. This center will allow us to centralize the majority of our operations staff while continuing to provide exceptional service to our clients. ”

The bank’s new operations center will be fully equipped with LED lighting and will be built using a variety of environmentally friendly methods and systems, including the use of carbon-reducing building materials. The HVAC (heating, ventilation and air conditioning) system will include monitored controls to promote efficiency as well as ionizing equipment to help kill germs and bacteria. The office furniture will consist of SmartMT Ocean chairs made from recycled fishing nets, Terra-Turf flooring made from recycled tires and Stampino field tiles made from 40% pre-consumer recycled content, to name a few. The property is currently home to a natural landscape of plants and herbs that the bank intends to preserve and maintain. External designs also include a perimeter footpath to encourage employee well-being.

The centre’s interior fittings include 66 workstations, six offices, four multifunctional rooms and will house the bank’s lending operations department as well as the possibility of including other departments. While the initial project includes plans for a 13,100 square foot office, space for two 6,000 square foot additions is reserved for planned future use.

Work on the site will begin in early fall 2021 and construction will begin in early spring 2022. Stauss Architect, LLC is involved in the design and planning process and Jos. Schmitt Construction will be the general contractor for the project.

For more information on Bank First, visit www.BankFirstWI.bank.

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Bank First Corporation provides financial services through its subsidiary, Bank First, which was incorporated in 1894. The bank is an independent community bank with 21 branches in Wisconsin. The bank grew throughh both acquisitions and de novo branch expansion. The company employs around 302 full timeequivalent staff and has assets of approximately $ 2.8 billion. Bank First offers a loan, deposit and cash management products in each of its bank branches. Insurance services are available through our link with Ansay & Associates, LLC. Trust, investment advisory and other financial services are offered through the bank’s partnership with Legacy Private Trust, an alliance with Morgan Stanley and an affiliation with McKenzie Financial Services, LLC. The bank is a co-owner of banking technology OEM, UFS, LLC, which provides digital, basic, cybersecurity, managed computing and cloud services. Further information on Bank First Corporation is available by clicking on the Investor Relations tab at www.BankFirstWI.bank.

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First Corporation Bank published this content on August 11, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on 11 Aug 2021 06:45:02 PM UTC.


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