1. PRESENTATION TO FRB-CHICAGO RISK MANAGEMENT CONFERENCE APRIL 14-15, 2009 Dominic Monastiere EVP-Chief Risk Management Officer Chemical Bank dom.monastiere@chemicalbankmi.com 1-989-839-5294

2. CHEMICAL BANK Founded in 1917 in Midland, Michigan $3.8 billion in assets $2 billion managed by Trust Department 129 branches, all in lower peninsula, none in Southeast Michigan Owned by Chemical Financial Corporation (CHFC) Business Model Lending Philosophy David Ramaker – President & CEO

3. CHIEF RISK MANAGEMENT OFFICER Dom Monastiere 40+ year career banker (24 years as a Bank President) Report directly to the President & CEO Committee Memberships – Executive, BLAC, ALCO Meet with Audit Committee 4 times per year Attend all Board of Director meetings with a report

4. RISK MANAGEMENT RESPONSIBILITIES Loan Review (1/3 of Commercial Loan Portfolio reviewed annually) Internal Audit (3 year Risk Based Plan) SOX – Annual Plan Compliance – Reviews throughout the year Bank Secrecy – ongoing CRA (outstanding rating received in 2008) Physical Security Loss Prevention

5. RISK MANAGEMENT RESPONSIBILITIES Insurance Litigation Business Continuity Plan Vendor Management Coordinate CPA firm engagement (KPMG) Liaison with FRB & OFIR Semi Annual Bankwide Risk Assessment