Provident Financial Services, Inc. Executive Chairman Agreement Amendments

Provident Financial Services, Inc. has entered into an Amended and Restated Executive Chairman Agreement and an Amended and Restated Change in Control Agreement with Christopher Martin, the Executive Chairman of the Board. The new agreements supersede prior agreements and extend the term for both agreements to May 21, 2028. Key changes include provisions for Mr. Martin to serve as Director Emeritus of Provident Bank for three years following the termination of his Executive Chairman role. The Change in Control Agreement specifies severance pay upon a qualifying termination, calculated based on the remaining term and average annual compensation. Mr. Martin will also be entitled to continued insurance coverage at no cost for the remainder of the term in case of a qualifying termination.