X0306 4 2017-05-30 1 0000865911 CASCADE BANCORP CACB 0001202061 KEEN J LAMONT 1100 NW WALL STREET BEND OR 97703 1 0 0 0 Common Stock 2017-05-30 4 D 0 24386 D 0 D Pursuant to the Merger Agreement (defined below), each outstanding share of common stock of the Issuer (defined below) was converted into the right to receive $1.91 in cash plus 0.14864 shares of First Interstate Class A common stock. First Interstate Class A common stock had a closing market value of $34.30 on the date of the merger. All outstanding securities and derivatives issued by Cascade Bancorp (the "Issuer") were disposed of pursuant to the Agreement and Plan of Merger, dated November 17, 2016, between First Interstate BancSystem, Inc. ("First Interstate"), and the Issuer (the "Merger Agreement"), pursuant to which, on May 30, 2017, Cascade Bancorp merged with and into First Interstate, with First Interstate surviving the merger. /s/ POA by Terry E. Zink 2017-06-01