Item 5.02. Departure of Directors or Certain Officers; Election of Directors;


           Appointment of Certain Officers; Compensatory Arrangements of Certain
           Officers.

On April 25, 2022, the Bank of Guam (the "Bank") entered into a second contract extension with the President and Chief Executive Officer of the Bank, Joaquin P.L.G. Cook, and the Executive Vice President and Chief Operating Officer of the Bank, Maria Eugenia H. Leon Guerrero, (the "Second Contract Extensions"). They both hold the same positions with BankGuam Holding Company. The Second Contract Extensions extend their Employment Agreements both dated April 1, 2019 with the Bank from April 30, 2022 to terminate on May 31, 2022.

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