ANNUAL AND SPECIAL MEETING MARCH 28, 2013

Auditor KPMG LLP 2

3

Director Nominees for PWCC William Mitchell David Taylor Patrick George Arnold Hillier Paul Oliver Robbert Jan Brabander 4

Auditor KPMG LLP 5

6

Presentation Agenda David R. Taylor, President & CEO Company Overview Fiscal 2012 Financial Performance PWB Key Growth Drivers Group Capital Restructuring A New Role for PWC Closing Remarks 7

Advisory The Corporation occasionally makes forward-looking statements about its objectives, operations and targeted financial results. These statements may be written or verbal and may be included in such things as press releases, corporate presentations, Annual Reports and other disclosure documents and communications. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that predictions, forecasts, projections and other forward-looking statements will not be achieved. A number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, the strength of the Canadian economy in general and the strength of local economies within Canada in which we conduct operations; the effect of changes in interest rates; the effects of competition in the markets in which we operate; capital market fluctuations; and, the impact of changes in laws and regulations. When relying on forward-looking statements to make decisions, investors and others should carefully consider these factors and other uncertainties or potential events. The Corporation makes no undertaking to update any forward-looking statement that is made from time to time by the Corporation. 8

9 Company Overview PWCC is a TSX-listed holding company of Pacific & Western Bank of Canada (PWB); PWB was founded in 1979 as Pacific & Western Trust Corporation; PWB became a Schedule I Canadian Chartered Bank on August 1, 2002; PWB is a member institution of the Canada Deposit Insurance Corporation; Deposits generated through a “branchless” diversified network of over 120 financial advisory and brokerage firms; Key lending segments include commercial real estate, bulk lease finance, public sector and retail (credit card); Focus on lending within under-served markets; CMHC approved lender; National Presence Vancouver Calgary Saskatoon London (Headquarters) Waterloo Toronto Ottawa Key Metrics – October 31, 2012 Total Loans & Leases$1.2 billion Total Assets$1.5 billion Shareholders Equity$93 million Total Deposits$1.3 billion Pacific & Western Credit Corp.

10 Corporate Structure Pacific & Western Credit Corp. (TSX:PWC) (“PWCC”) Pacific & Western Bank of Canada (“PWB”) 100% Versabanq Innovations Inc. (“VBI”)  Wholly-owned and principal subsidiary of PWCC;  Operates as a Schedule I bank under the Bank Act (Canada);  Provides lending services to select niche markets;  Deposits are received through a diversified deposit broker network across Canada;  Member institution of CDIC.  Incorporated in 2006;  Wholly-owned subsidiary of PWCC;  Currently holds the asset and deposit management software and licenses to PWB under a related party software licensing agreement;  Currently no employees or operations.  Holding company  Shares trade on the TSX under the ticker “PWC”  Holds 100% of the common shares of PWB.  Not classified as a “Bank Holding Company” under Bank Act (Canada)

11 Branchless Bank Model Deposit Gathering Activities Deposit Broker Services Lending Services Real EstatePublic Sector Corporate Loans & Leases Retail Loans  Land & construction loans, residential term mortgages, commercial term mortgages and insured mortgages.  Sourced directly through the Bank or via brokers and syndication partnerships with other financial institutions.  Financing to public sector entities and PPPs.  Sourced directly or through small brokers, leasing companies / vendor partners or syndication partnerships with other financial institutions.  Term loans and leases to corporate and mid-market commercial companies.  Sourced directly or through securitized assignments from non- institutional lenders.  Consumer loans sourced through securitized assignments from non- institutional lenders.  Private label credit card program with Home Hardware.  Deposits raised through “branchless” network of over 120 brokers across Canada  7,446 Investment Advisors in 2,286 Deposit Broker offices across Canada

12 PWB’s Vision: We aspire to be the preferred provider of financial solutions to our clients. PWB’s Mission: To deliver a competitive and sustainable rate of return to shareholders by delivering ideally suited financial products, services and solutions to our clients in selected niche markets throughout Canada. PWB’s Strategic Objectives: 1.Expand and diversify lending operations to Include higher spread commercial and retail lending products. 2.Diversify our deposit product offerings and capture new cost-effective, stable funding sources. Strategic Highlights

13 Key Performance Trends CGAAP IFRS CGAAP IFRS Net Interest Income ($ millions) Loan Growth ($ millions)

14 Credit Quality Provision for Credit Losses as % Average Loans Gross Impaired Loans to Total Loans

15 Pacific & Western Bank of Canada Financial Performance

16 Pacific & Western Credit Corp. - Consolidated Financial Performance

17 Pacific & Western Credit Corp. - Consolidated Financial Performance

July 2011 PWB signs contract with Home Hardware to provide private-label credit card January 2012, PWB launches HH Credit Card program As of February 28, 2013: –Over 32,700 Applications –Approx. 29,000 approved –$53.6 million in Sales –$1.15 million in balance transfers –$25MM in Receivables Bulk Finance Program Home Hardware Credit Card Trustee Deposit Initiative In 2011, PWB signed a 10-year agreement with the market- leading software provider to trustees (Promeric) Agreement to jointly develop and market fully-integrated banking software for trustees in bankruptcy March 23, 2011, PWB signs services agreement with Royal Bank of Canada as clearing agent Pilot program was launched on April 2 nd, 2012 with Meyers Norris Penny LLP and BDO Canada joined pilot on June 4, 2012 Successful completion of pilot and full program launched in July 2012 Key Growth Initiatives 18 In 2010, PWB appoints Moe Danis, VP Leasing to develop Bulk Finance Program December 2010, first $43 million funded August 2011, new software management program instituted As of February 28, 2013: –Over 35,000 contracts and over $200 million funded since inception –Current Portfolio = $128 million outstanding –Over $11 million in Cash Reserves –4 Warehouse facilities with total $15 million capacity –11 facilities funding and 3 others pending approval

Group Capital Restructuring 19 Objectives: Increase PWB’s CET1 ratio well above regulatory minimum of 7% Reduce PWB’s expensive subordinate debt Provide an efficient mechanism to allow PWB to become more independent of PWCC Provide for the opportunity for PWCC to evolve its business model from a holding company to a diversified investment company

Capital Restructuring 20 On March 7, 2013, PWCC revised the terms of its outstanding of Series C Notes. As of June 30, 2014, PWCC will have the option to make interest payments in-kind in the form of PWB common shares held by PWCC PWCC overall aggregate cash obligations reduced by $5.6 million per year On March 8, 2013, PWCC converted $30MM of subordinated notes of PWB into common equity ownership of PWB. PWB’s shareholders’ equity increased to $124 million Bank subdebt reduced to $21.5 million from $51.5 million Bank CET1 capital increased by $30 million Bank annual interest obligations reduced by $3.3 million PWB Basel III Regulatory Capital RatiosQ1 2013March 8/13Regulatory Minimum Common Equity Tier 1 Capital (CET1)7.81%10.4%7.0% Total Capital12.00%11.84%10.5%

Comparative Capital Adequacy 21 Common Equity Tier 1 Capital Source: CIBC Company Reports. All figures are as of January 31, 2013 with the exception of PWB, which is as of March 8, 2013.

A New Role for PWCC 22 List PWB’s common shares on the TSX Allow PWB to raise capital independent of PWCC Expected in April 2013 Transition PWCC from a single purpose holding company to a diversified investment company Continue to have controlling interest in PWB Specialize in investing in income producing real estate (similar to previous PacWest Ventures) Leverage existing strengths: Long-standing strategic relationships with successful real estate developers Existing knowledge and experience in local real estate markets $35 million in available tax losses to shelter investment income

ANNUAL AND SPECIAL MEETING MARCH 28, 2013