CAO Paul Steiner resigns; Steven Brandjord named successor effective May 2026

COMMERCE BANCSHARES INC /MO/

Paul A. Steiner resigning as Corporate Controller and CAO, effective July 7, 2026, to pursue other opportunities.
Steven A. Brandjord promoted to Corporate Controller and CAO, effective May 2026 following Board appointment.
Brandjord, with the company since 2014, currently Assistant Controller, Director of Tax.
Brandjord granted ~2,100 restricted stock units vesting over 4 years under standard equity award agreement.
Steiner's resignation not due to any disagreement with the company on financial or accounting matters.

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