Safe Harbor for Forward-Looking Statements
2
This presentation may contain forward-looking statements as defined by Section 21E of the Securities Exchange
Act of 1934, as amended, and is subject to the safe harbors created by
such laws. These forward-looking statements can generally be identified as such by the context of the
statements, including words such as believe, expect, anticipate, plan,
may, would, intend, estimate, guidance and other
similar expressions, whether in the negative or affirmative. Similarly, statements that describe the objectives, plans or goals
of Financial Institutions, Inc. (FISI) are forward-looking. Such forward-looking statements
include, but are not limited to, statements regarding the anticipated proxy contest by Clover
Partners, L.P. and the other participants in its solicitation, FISIs ability to continue to execute on and
implement its strategic growth plan, FISIs opportunities for continued growth,
FISIs
initiatives
to
improve
its
financial
and
operational
performance
and
increase
its
growth
and
profitability,
FISIs
future
stock
price
and
dividend
growth,
FISIs
future
returns
to
shareholders, FISIs ability to continue to strengthen its balance sheet and grow its core business,
FISIs ability to continue to strengthen its regulatory compliance procedures, FISIs
ability to continue to profitably grow its commercial lending business, FISIs ability to enhance its
competitive position through diversified income streams, FISIs ability to leverage its
client base to offer its clients additional fee-based products, FISIs future returns from its existing
fee-based platforms and the effect of those platforms on overall shareholder value,
FISIs
ability
to
continue
to
maintain
expense
discipline,
FISIs
plans
to
continue
to
return
cash
to
its
shareholders
through
cash
dividends
and
future
increases
that
may
be
made
thereto,
FISIs
actions
taken
or
contemplated
to
enhance
its
long-term
prospects
and
create
and
return
value
for
its
shareholders,
FISIs
future
operational
and
financial
performance,
FISIs
future
growth
and
profitability,
the
effect
that
the
election
of
FISIs
nominees
to
the
FISI
Board
will
have
on
FISIs
execution
of
its
long-term
plan
and
long-term
shareholder
value,
and
the
future effect of FISIs strategic growth plan on FISIs growth, profitability and total shareholder
returns. Such forward-looking statements are not guarantees of future operational or
financial performance and are based on current expectations, estimates, forecasts and projections and
managements current beliefs and assumptions, all of which involve a number of
significant risks and uncertainties, any one or more of which could cause actual results to differ materially from
those described in FISIs forward-looking statements. There are a number
of important risks and uncertainties that could cause FISIs actual events or results to differ materially
from those indicated or implied by such forward-looking statements, including, but
not limited to: FISIs ability to implement its strategic plan, FISIs ability to redeploy investment
assets into loan assets, whether FISI experiences greater credit losses than expected,
whether FISI experiences breaches of its, or third party, information systems, the attitudes and preferences of
FISIs customers, FISIs ability to successfully integrate and profitably
operate SDN and Courier Capital, the competitive environment, fluctuations in the fair value of securities in its
investment portfolio, changes in the regulatory environment and FISIs
compliance
with
regulatory
requirements,
changes
in
interest
rates,
general
economic
and
credit
market
conditions
nationally
and
regionally,
and
the
actions
of
activist
investors,
including
the
amount
of
related
costs
incurred
by
FISI
and
the
disruption
caused
to
FISIs
business
activities
by
these
actions.
Consequently,
all
forward-looking
statements
made
herein
are qualified by these cautionary statements and the cautionary language in FISIs Annual Report on Form
10-K, its Quarterly Reports on Form 10-Q and other documents filed with the
SEC. Except as required by law, FISI undertakes no obligation to revise these statements, whether to reflect new
information or the occurrence of unanticipated events or otherwise,
following the date of this presentation.
|