Providing You With Extraordinary Service

Our Benefits

It’s a privilege to serve you®

Exceptional People & Extraordinary Service

People are the center of all that we do here at First Republic. Since our founding in 1985, we have pursued the same simple and focused philosophy toward banking: Provide extraordinary service in an extraordinary way. We aren’t a complicated institution. We stick to what we know and do best. And consistent growth is the result of our primary and unwavering focus: taking great care of clients.

Internally, our clients are each other. We have a responsibility to make the environment a positive and energizing one so that everyone at First Republic can do their best work. This mission permeates our entire organization, at every level and through all departments.

Providing a competitive benefits package is just another way we provide extraordinary service to the extraordinary people who work here. These benefits are designed to help you stay healthy, protect your family and invest in your future.

We want First Republic to remain a special place to work. And we hope you find the benefits at our company to be another demonstration of that commitment.

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$20 Minimum Wage In all our markets, we offer a $20 minimum wage for full-time, part-time and temporary

employees, including interns.

Employee Stock Purchase Plan Purchase First Republic stock at a 10 percent

discount starting from hire date.

401(k) Employer Match Starting from hire date, First Republic matches the first three percent of employee contributions

to a 401(k) plan.

Employee Mortgage Discount Program Apply for a mortgage and receive

a reduction to the rate and margin of ten basis points (0.10%), plus waived fees.

Legal Services Get access to unlimited legal advice, legal

document templates, and identity theft protection at a low monthly rate.

Employee Referral Bonuses Refer qualified colleagues to First Republic

positions and you will receive a referral bonus if they are hired.

Pre-tax Commuter/Parking Benefits Set pre-tax dollars aside for your transit

and parking costs.

Employee Discount Program Enjoy discounts on entertainment,

restaurants, travel and ZipCar rentals.

First Republic Financial Advantage

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“If you’re looking for a career that’s fulfilling in every way, including working with really great people for really great people, First Republic is the place to be!” Jodie Weiss, Relationship Management, Los Angeles

Student Loan Repayment Assistance We want to help minimize the burden of your student loan debt.

Loan payment amounts begin at $100 per month and increase each year you’re enrolled in the program, up to $200, until the loan has

been completely paid off.

Monthly Fitness Stipend Enjoy $45 a month to spend toward

your gym membership or favorite workout classes.

Subsidized Cafés For employees in San Francisco, Los Angeles,

New York and Boston, enjoy discountedmeals at our Eagle Cafés.

Employee Group Lunch For locations without employee

subsidized cafés, enjoy a weekly company- sponsored group lunch.

Biometric Screenings Receive an annual free health screening

to check your blood pressure, blood sugar and other vital signs.

Corporate Wellness Challenges Participate with your colleagues in

challenges to run, walk and improve your health.

Wellness Education Sessions Get the tools you need to stay healthy with

cooking demonstrations, wellness webinars and workshops on health topics.

Corporate Gym Discounts Get fit for less with discounts to Equinox

and 24 Hour Fitness.

On-Site Flu Shots Get prepared for flu season with a

free flu shot from one of our on-site flu shot clinics.

Fitness and Well-being

“It’s gratifying to be a part of an organization where I have a voice and an ability to make a real impact.”

Rodney Pettis, RM Team Support, San Francisco

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Work-Life Balance

Personal Development

Minimum three weeks of vacation time

Twelve weeks paid maternity leave1 and six weeks paid parental leave

Take the morning off on your child’s first day of school

Six weeks paid disability leave

An extra day off for your birthday

Two paid days per year to volunteer with your favorite nonprofit organizations

Company-sponsored mentorship program

Reimbursement for tuition and professional organization memberships

Professional development training courses

Recognition for service milestones

“At First Republic we’re constantly creating and reengineering. I feel like I have the autonomy to build and shape what I do, which makes it feel less like a job and more like my own business.”Nyree Morris, Eagle Lending, San Francisco

Take care of both you and your family with our time off options.

Grow your career with our training and development opportunities.

¹Inclusive of six weeks parental leave 5

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Employer Health Savings Account Contribution

For employees enrolled in the High Deductible Health Plan, First Republic makes a monthly contribution to

an employee’s Health Savings Account to assist them in meeting their annual medical deductible.

Health Advocate Enjoy access to health care advocates who will help you navigate complex health care needs,

saving valuable time and money.

Life Insurance Enjoy peace of mind knowing that your

family is protected through the life insurance First Republic provides to all employees.

Business Travel Insurance Whether you’re traveling domestically or

internationally, get the emergency assistance you or your family need with First Republic-sponsored

travel insurance.

Pet Insurance At First Republic, we believe in taking care of every

member of your family, including your pets. That’s why we also offer pet insurance.

Employee Assistance Program Get the support you need through our EAP, which

provides counseling services, child care referral, financial services and more.

Medical, Dental, Vision and Flexible Spending Accounts

Know that you are covered with these standard benefits from some of the nation’s best insurance providers.

Taking Care of You

“At First Republic, we all share the belief that service is key and our clients are our focus. It’s meaningful work and we take it very seriously.” Todd Rassiger, Business Banking, Boston

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At First Republic, our values are the center of all that we do, and our employees bring our values to life.

Our Culture

GrowWe’ve evolved greatly since our inception, expanding ourselves and our business purpose. At First Republic, we embrace change and every person has the opportunity to grow and contribute. We want our people to grow.

Have FunWe know that if everyone enjoys their work they’ll do a better job - and our clients will feel the difference. It’s really that simple.

Think PositivelyWe operate in an environment of trust and encourage openness and flexibility. We hire positive people who act positively. Our goal is to always “manage toward yes.”

Move Forward, Move FastThere are two types of organizations – those that spend time checkingand those that spend time doing. We’re doers. We value action and decisiveness and recognize that the best opportunities come to those that act quickly.

Respect the TeamEveryone at First Republic makes a difference and everyone at First Republic deserves to feel that his or her contribution is valued. We place high value on collaboration because we know that the power of many is greater than the power of one.

Take ResponsibilityAt First Republic, it’s not enough to do our own jobs well. Making sure our clients are satisfied is everyone’s job. So if something needs fixing, we step up to the plate, “own” the problem and make things right.

Do the Right ThingWe strive to do things right at First Republic. Our mandate is to do the right thing: act with integrity, own your actions, correct mistakes, learn from experience.

Provide Extraordinary ServiceWe always aim to exceed expectations and serve our clients in unexpected ways. We’ll take on only what we can do right. Our success is all about service – exceptional customer service.

“There are no businesses, only people.”Jim Herbert, Chairman and Chief Executive Officer (Founding)

BENEFITS DISCLAIMERThis summary provides an overview of the benefits program. It is not intended to be a complete description of the benefits or to be the official summary plan description for these programs. If there is a conflict between this summary and the official plan documents, the plan documents will govern. First Republic reserves the right to modify or terminate any of the described benefits at any time and for any reason. The descriptions of these benefits are not guarantees of current or future employment or benefits.

EQUAL EMPLOYMENT OPPORTUNITY STATEMENTFirst Republic Bank is committed to a policy of equal employment opportunity for all employees and applicants for employment, without regard to race, color, religion, sex, pregnancy, childbirth, sexual orientation, gender identification, national origin, ancestry, age, marital status, physical or mental disability, medical condition, genetic information, citizenship status, veteran status, or any other legally protected category, in accordance with applicable federal, state and local law.

© 2016 First Republic Bank. Member FDIC and Equal Housing Lender

FRB 11/16