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2020 Financial Markets Update

First Western Publicly Files Registration Statement for Proposed Initial Public Offering

June 20, 2018

DENVER, Colo. June 20, 2018 First Western Financial, Inc., a financial holding company headquartered in Denver, Colorado, announced today that it has publicly filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock.  The number of shares to be offered and the price range for the proposed offering have not yet been determined.  First Western intends to list its common stock on the NASDAQ Global Select Market under the ticker symbol “MYFW.”

Keefe, Bruyette & Woods, Inc. a Stifel Company, and Stephens Inc. are acting as joint book-running managers and Sandler O’Neill + Partners, L.P. is acting as co-manager for the proposed offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective.  These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus.  Copies of the preliminary prospectus related to the offering may be obtained, when available, from Keefe, Bruyette & Woods, Inc., 787 Seventh Avenue, 4th Floor, New York, New York 10019, Attention: Equity Capital Markets, or by calling toll-free 1‑800‑966‑1559; or Stephens Inc., 111 Center Street, Little Rock, Arkansas 72201, Attention: Syndicate, or by calling toll-free 1‑800‑643‑9691.

About First Western Financial, Inc.

First Western Financial, Inc. is a financial holding company headquartered in Denver, Colorado, with operations in Colorado, Arizona, Wyoming, and California.  First Western Financial, Inc. and its subsidiaries provide a fully integrated suite of wealth management services on a private trust bank platform, which includes a comprehensive selection of deposit, loan, trust, wealth planning and investment management products and services.

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CONTACTS

Scott C. Wylie, Chairman, Chief Executive Officer and President
Scott.Wylie@myfw.com, (303) 531-8101

Julie A. Courkamp, Chief Financial Officer
Julie.Courkamp@myfw.com, (303) 531-8132

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