Butterfield Names John Maragliano Chief Financial Officer

Hamilton, Bermuda – 12 December, 2013 – The Bank of N.T. Butterfield & Son Limited (the “Butterfield”; Ticker: NTB.BH) today announced that it has named John Maragliano Executive Vice President & Chief Financial Officer.  Mr. Maragliano was previously Senior Vice President, Finance and was appointed Interim Chief Financial Officer in August 2013.

Mr. Maragliano joined Butterfield in 2002 from PwC Bermuda to head the Treasury Middle Office function reporting directly to the Group CFO.  Since 2005, within Butterfield’s Group Finance division, he has been responsible for Group financial and regulatory reporting, Group financial forecasting and budgeting, business performance management, and has worked closely with the Senior Executive team on strategic planning, acquisitions and divestures, and capital planning.

Prior to joining Butterfield, Mr. Maragliano held increasingly senior positions in public accounting firms both locally and in Canada, including PwC and Grant Thornton in Canada. He is a Chartered Accountant (CA) and holds a Chartered Financial Analyst (CFA) designation with a degree in business administration and accounting.

Notes to Editors:

The Bank of N.T. Butterfield & Son Limited (“Butterfield”) is Bermuda’s first and largest independent bank, and a specialist provider of international financial services. The Butterfield Group offers a full range of community banking services in Bermuda and the Cayman Islands, encompassing retail and corporate banking and treasury activities. Butterfield also provides private banking, asset management and personal trust services from its headquarters in Bermuda and subsidiary offices in the Cayman Islands, Guernsey and the United Kingdom. In Switzerland and The Bahamas, Butterfield provides personal trust and company services.  Butterfield is a publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges.  Butterfield’s share price is published daily in The Royal Gazette (www.theroyalgazette.com ) and is also available on Bloomberg Financial Markets (symbol: NTB BH) and the Bermuda Stock Exchange website (www.bsx.com ).  Further details on the Butterfield Group can be obtained from our website at: www.butterfieldgroup.com

Media Relations Contact:                             

Mark Johnson                                                                                         

Vice President, Communications, Brand & Public Affairs                      

Phone: (441) 299 1624