BankGuam Holding Company announced that on March 31, 2022, the Employment Agreement of William D. Leon Guerrero dated April 1, 2019 with the Bank as the Executive Chairman will terminate. Mr. Leon Guerrero will retire from the Bank but will retain his seat as the Chairman of the Board of Directors of both the Bank and Company. He will receive as compensation all Board and Committee fees that are normally afforded nonemployee Directors of the Bank.