Bridgewater Bank Annual Report

Bridgewater Bancshares, Inc. and Subsidiaries Notes to Consolidated Financial Statements (dollars in thousands, except share data)

Any repurchases are subject to compliance with applicable laws and regulations. Repurchases will be conducted in consideration of general market and economic conditions, regulatory requirements, availability of funds, and other relevant considerations, as determined by the Company. The stock repurchase program may be modified, suspended or discontinued at any time at the discretion of the Company’s Board of Directors. 2019 Equity Incentive Plan The Board of Directors has approved the 2019 Equity Incentive Plan, or 2019 Plan, which authorizes the issuance of 1,000,000 shares. Adoption of the 2019 Plan is subject to shareholder approval.

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