Commerce Bancshares : Cathy Arshadi Honored as a Corporate Leader of Distinction by YWCA

St. Louis, MO - January 7, 2022 - Cathy Arshadi, senior vice president, director of financial management at Commerce Trust Company was named a Corporate Leader of Distinction by the YWCA at their 41st annual Leader Lunch. Each year the YWCA, a nonprofit that advocates for the safety, security and stability of women and children, recognizes local women for their outstanding contributions in the workplace and the community. Cathy was among nine women inducted in the YWCA's Academy of Leaders.

"This recognition is well-deserved. For the last 23 years, I've had the pleasure of working with Cathy and benefiting from her strategic thinking and inclusive leadership," said John Handy, president and chief executive officer of Commerce Trust Company. "We are fortunate to have her on our team. Her contributions to our business are invaluable and her mentorship of team members makes a meaningful difference in their professional lives," he concluded.

At Commerce Trust Company, a division of Commerce Bank, Cathy is responsible for directing financial performance for the wealth segment of the organization. As a member of the senior executive team, Cathy manages strategic planning and financial management, as well as oversees budget for Commerce Trust. She also leads the design and execution of complex wealth incentive compensation programs and, partnering with talent management, provides compensation, hiring, performance management and succession planning oversight. Cathy extends her positive leadership shadow as the East Region sponsor of R.I.S.E., Commerce Bank's employee resource group that supports the personal and professional growth of women team members, and as leader of the Commerce Trust Company diversity, equity, and inclusion initiative focused on recruiting and performance management.

"Cathy is a leader within Commerce Trust, across the bank, and in St. Louis," said Sara Foster, executive vice president, talent and corporate administration. "She leads key initiatives with enthusiasm and a drive for results - plus she's a joy to work with," according to Sara.

Cathy earned her Bachelor of Business Administration degree from the University of Missouri-St. Louis. She has served on many boards during her career. Currently, she serves as Chairwoman of the Board for the YWCA, leading the agency that provides integrated services to more than 8,000 clients annually.

About Commerce Bank

With $34.5 billion in assets¹, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking services, including payment solutions, investment management and securities brokerage. Commerce Bank, a subsidiary of Commerce Bancshares, Inc., leverages more than 150 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. It also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.

Disclosures:
¹ As of September 30, 2021