Initial Statement of Beneficial Ownership

Nathan Timothy Reed, EVP, CIO of Northrim Bank, has filed an initial statement of beneficial ownership for Northrim Bancorp Inc. common stock. The filing, dated May 28, 2026, reports direct ownership of 2,428 restricted stock units (RSUs) with a grant date of March 27, 2025, and 1,824 RSUs with a grant date of April 27, 2026. These RSUs vest fully three years from their respective grant dates and represent a contingent right to one share of common stock each. The filing also indicates indirect ownership of 265 shares of common stock through a 401(k) plan. No shares of common stock are directly owned following these transactions. The exercise price for the RSUs is reported as 0, with footnote F2 clarifying the nature of the RSUs.