<SEC-DOCUMENT>0001193125-24-081985.txt : 20240329
<SEC-HEADER>0001193125-24-081985.hdr.sgml : 20240329
<ACCEPTANCE-DATETIME>20240329150027
ACCESSION NUMBER:		0001193125-24-081985
CONFORMED SUBMISSION TYPE:	DEF 14A
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20240524
FILED AS OF DATE:		20240329
DATE AS OF CHANGE:		20240329

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Finward Bancorp
		CENTRAL INDEX KEY:			0000919864
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				351927981
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		DEF 14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40999
		FILM NUMBER:		24803836

	BUSINESS ADDRESS:	
		STREET 1:		9204 COLUMBIA AVE
		CITY:			MUNSTER
		STATE:			IN
		ZIP:			46321
		BUSINESS PHONE:		219 836-9690

	MAIL ADDRESS:	
		STREET 1:		9204 COLUMBIA AVE
		CITY:			MUNSTER
		STATE:			IN
		ZIP:			46321

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NORTHWEST INDIANA BANCORP
		DATE OF NAME CHANGE:	19940307
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>d782486ddef14a.htm
<DESCRIPTION>DEF 14A
<TEXT>
<HTML><HEAD>
<TITLE>DEF 14A</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE" STYLE="line-height:Normal">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>S<SMALL>CHEDULE</SMALL> 14A I<SMALL>NFORMATION</SMALL> </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>Proxy Statement Pursuant to Section&nbsp;14(a) of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>(Amendment No. <U>&#8195;&#8195;</U>) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Filed by the Registrant&#8194;&#9746; </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Filed by a party other
than the Registrant&#8194;&#9744; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Check the appropriate box: </P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="2%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="97%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#9744;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Preliminary Proxy Statement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#9744;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Confidential, for Use of the Commission Only (as permitted by
<FONT STYLE="white-space:nowrap">Rule&nbsp;14a-6(e)(2))</FONT></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#9746;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Definitive Proxy Statement</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#9744;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Definitive Additional Materials</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#9744;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Soliciting Material under &#167; <FONT STYLE="white-space:nowrap">240.14a-12</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>Finward Bancorp </B></P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Name of Registrant as Specified In Its
Charter) </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Name of Person(s) Filing Proxy Statement, if other than the Registrant) </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Payment of Filing Fee (Check all boxes that apply): </P>
<P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#9746; No fee required </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#9744; Fee paid previously with
preliminary materials </P> <P STYLE="margin-top:3pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">&#9744; Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules <FONT
STYLE="white-space:nowrap">14a-6(i)(1)</FONT> and <FONT STYLE="white-space:nowrap">0-11</FONT> </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g782486g0328011208033.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>9204 Columbia Avenue </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Munster, Indiana 46321 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(219) <FONT STYLE="white-space:nowrap">836-4400</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:11pt" ALIGN="center">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2" STYLE="BORDER-TOP:1.50pt solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><B>Notice of Annual Meeting of Shareholders</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>To Be Held on May&nbsp;24, 2024</B></P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
</TABLE> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">To the Shareholders of Finward Bancorp: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We cordially invite you to attend the Annual Meeting of Shareholders (the &#147;Annual Meeting&#148;) of Finward Bancorp, an
Indiana corporation (the &#147;Bancorp&#148;), to be held on Friday, May&nbsp;24, 2024, commencing at 9:00 a.m., Central Daylight Time. The Annual Meeting will be held completely as a virtual meeting of shareholders instead of an in person meeting.
You may attend the meeting online, submit questions, and vote your shares electronically during the meeting via the internet at www.virtualshareholdermeeting.com/FNWD2024. To enter the Annual Meeting, you will need the
<FONT STYLE="white-space:nowrap">16-digit</FONT> control number that is printed in the box marked by the arrow on the accompanying proxy card. We recommend that you log in at least 15 minutes before the meeting to ensure that you are logged in when
the meeting starts. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Annual Meeting will be held for the following purposes: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">1.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify"><I>Election of Directors</I>. Election of two directors of the Bancorp to serve three-year terms expiring in
2027; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">2.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify"><I>Ratification of Auditors</I>. Ratification of the appointment of FORVIS, LLP as independent registered
public accountants for the Bancorp for the year ending December&nbsp;31, 2024; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">3.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify"><I>Advisory Vote on Compensation</I>. A <FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote
regarding the executive compensation of the Bancorp&#146;s named executive officers disclosed in this proxy statement, commonly referred to as a &#147;Say on Pay&#148; proposal; </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">4.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify"><I>Advisory Vote on Frequency</I>. A <FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote on
the approval of the frequency (every one, two, or three years) of the <FONT STYLE="white-space:nowrap">non-binding</FONT> shareholder vote on the executive compensation of the Bancorp&#146;s named executive officers; and </P></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="8%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">5.</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify"><I>Other Business</I>. Other matters as may properly come before the meeting or at any adjournment.
</P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">You can vote online at the meeting or any adjournment of the meeting if you are a shareholder of record
at the close of business on March&nbsp;22, 2024. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We urge you to read the enclosed proxy statement carefully so you will
have information about the business to come before the Annual Meeting or any adjournment. <B>Please sign, date, and return the accompanying proxy promptly in the postage-paid envelope furnished for that purpose, or follow the related internet or
telephone voting instructions.</B> If you hold shares through a broker or other nominee, you should follow the procedures provided by your broker or nominee. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">A copy of our Annual Report for the fiscal year ended December&nbsp;31, 2023, is enclosed. The Annual Report is not a part of
the proxy soliciting material enclosed with this letter. </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="50%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">By Order of the Board of Directors</P>
<P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:1pt" align="left">&nbsp;</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">


<IMG SRC="g782486sp2a.jpg" ALT="LOGO">
</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="font-size:6pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">David J. Kwait</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Senior Vice President, Chief Risk Officer, General Counsel and Secretary</P></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Munster, Indiana </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">March&nbsp;29, 2024 </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B>It is important that you return your proxy promptly. Therefore, whether or not you plan
to attend the Annual Meeting online, please sign, date and complete the enclosed proxy and return it in the enclosed envelope, which requires no postage if mailed in the United States, or follow the related internet or telephone voting instructions.
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>IMPORTANT NOTICE REGARDING THE AVAILABILITY OF </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PROXY MATERIALS FOR THE ANNUAL MEETING OF SHAREHOLDERS </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TO BE HELD ON MAY&nbsp;24, 2024 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>The Notice of Annual Meeting of Shareholders, the Proxy Statement, </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Annual Report, and 2023 Form <FONT STYLE="white-space:nowrap">10-K</FONT> are available at www.proxyvote.com </B></P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="toc"></A>TABLE OF CONTENTS </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="95%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_1">ITEMS OF BUSINESS</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_2">VOTING INFORMATION</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_3">SECURITY OWNERSHIP BY CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">3</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_4">PROPOSAL 1 &#150; ELECTION OF DIRECTORS</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">5</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_5">Board Diversity</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">7</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_6">Nominees for Class&nbsp;
III Directors &#150; Term Expiring at the Annual Meeting of Shareholders in 2027</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_7">Class&nbsp;
I Directors &#150; Term Expiring at the Annual Meeting of Shareholders in 2025</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_8">Class&nbsp;
II Directors &#150; Term Expiring at the Annual Meeting of Shareholders in 2026</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">9</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_9">Recommendation of the Board of Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_10">CORPORATE GOVERNANCE</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_11">Director Independence</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_12">Leadership Structure of the Board of Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_13">Meetings of the Board of Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_14">Board Committees</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">11</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_15">Risk Oversight</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">12</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_16">Communications with Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_17">Employee, Officer, and Director Hedging</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_18">Code of Ethics</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_19">Stock Ownership Guidelines</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">13</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_20">EXECUTIVE COMPENSATION</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_21">Summary Compensation Table for 2023</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">15</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_22">2015 Stock Option and Incentive Plan</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">16</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_23">2023 Executive Annual Incentive Plan</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_24">Employees&#146; Savings and Profit Sharing Plan</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_25">Group Medical and Insurance Coverage</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_26">BOLI Insurance</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_27">Unqualified Deferred Compensation Plan</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_28">Outstanding Equity Awards at Fiscal 2023 <FONT STYLE="white-space:nowrap">Year-End
</FONT></A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_29">Potential Payments Upon Termination or Change in Control</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">20</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_30">Employment Agreements</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_31">Pay Versus Performance</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_32">Compensation of Directors for 2023</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_33">Post 2004 Unfunded Deferred Compensation Plan for the Directors of Peoples Bank
</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_34">TRANSACTIONS WITH RELATED PERSONS</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_35">AUDIT COMMITTEE REPORT</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">29</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><A HREF="#rom782486_36">PROPOSAL 2 &#150; RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</A></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_37">Required Shareholder Approval</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_38">Recommendation of the Board of Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_39">INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM&#146;S SERVICES AND
FEES</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_40">Audit Fees</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_41">Audit Related Fees</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_42">Tax Fees</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_43">All Other Fees</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_44">Preapproval Policy</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">i </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="95%"></TD>

<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Page</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="13"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_45">PROPOSAL 3 &#150; ADVISORY VOTE ON COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS
</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_46">Background</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_47">Required Shareholder Approval</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_48">Recommendation of the Board of Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><A HREF="#rom782486_49">PROPOSAL 4 &#150; ADVISORY VOTE ON THE FREQUENCY OF SHAREHOLDER ADVISORY VOTES ON COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS</A></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_50">Background</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#rom782486_51">Recommendation of the Board of Directors</A></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_52">DELINQUENT SECTION 16 REPORTS</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_53">SHAREHOLDER PROPOSALS</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_54">HOUSEHOLDING</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><A HREF="#rom782486_55">OTHER MATTERS</A></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ii </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">


<IMG SRC="g782486g0328011208033.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>9204 Columbia Avenue </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Munster, Indiana 46321 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(219) <FONT STYLE="white-space:nowrap">836-4400</FONT> </B></P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="45%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:11pt" ALIGN="center">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2" STYLE="BORDER-TOP:1.50pt solid #000000">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<TD VALIGN="top" ALIGN="center" STYLE="BORDER-BOTTOM:1.50pt solid #000000"><B>Proxy Statement</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:11pt">
<TD VALIGN="top"> <P STYLE="font-size:4pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>For the Annual Meeting of Shareholders</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:11pt; font-family:Times New Roman" ALIGN="center"><B>To Be Held on May&nbsp;24, 2024</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:10pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors of Finward Bancorp, an Indiana corporation (the &#147;Bancorp&#148;),
is soliciting proxies to be voted at the Annual Meeting of Shareholders (the &#147;Annual Meeting&#148;) to be held completely virtually at 9:00 a.m., Central Daylight Time, on May&nbsp;24, 2024, and at any adjournment of the meeting. You may attend
the meeting online, submit questions, and vote your shares electronically during the meeting via the internet at www.virtualshareholdermeeting.com/FNWD2024. The Bancorp&#146;s principal asset consists of 100% of the issued and outstanding shares of
common stock of Peoples Bank (the &#147;Bank&#148;). We expect to first mail this proxy statement and the form of proxy to our shareholders on or about April 1, 2024. </P>
<P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_1"></A>ITEMS OF BUSINESS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">At the Annual Meeting, shareholders will: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">vote on the election of two directors to serve three-year terms expiring in 2027; </P></TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">ratify the selection of FORVIS, LLP as auditors for the Bancorp for 2024; </P></TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">hold a <FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote regarding the executive compensation
of the Bancorp&#146;s named executive officers disclosed in this proxy statement; </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">hold a <FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote on the approval of the frequency
(every one, two, or three years) of <FONT STYLE="white-space:nowrap">the&nbsp;non-binding&nbsp;shareholder</FONT> vote on the executive compensation of the Bancorp&#146;s named executive officers; and </P></TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">transact any other matters of business that properly come before the meeting. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We do not expect any other items of business because the deadline for shareholder nominations and proposals has already
passed. If other matters do properly come before the meeting, the accompanying proxy gives discretionary authority to the persons named in the proxy to vote on any other matters brought before the meeting. Those persons intend to vote the proxies in
accordance with their best judgment. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_2"></A>VOTING INFORMATION </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Who is entitled to vote? </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Shareholders of record at the close of business on March&nbsp;22, 2024, the record date, may vote at the Annual Meeting. On
the record date, there were 4,301,819 shares of the Bancorp&#146;s common stock, without par value (&#147;Common Stock&#148;) issued and outstanding, and the Bancorp had no other class of equity securities outstanding. Each share of Common Stock is
entitled to one vote at the Annual Meeting on all matters properly presented. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>How many votes are required to elect directors? </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The two nominees for director receiving the most votes will be elected. Abstentions and instructions to withhold authority to
vote for a nominee will result in the nominee receiving fewer votes but will not count as votes against the nominee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>How many votes
are required to ratify the selection of FORVIS, LLP as independent registered public accountants for the Bancorp for 2024? </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">More votes cast in favor of this proposal than are cast against it are required to ratify FORVIS, LLP as the Bancorp&#146;s
auditors for 2024. Abstentions and broker <FONT STYLE="white-space:nowrap">non-votes</FONT> will have no effect on this proposal. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>How many votes are required to approve, on an advisory basis, the executive compensation of the Bancorp&#146;s named executive officers?
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">More votes cast in favor of this proposal than are cast against it are required to approve, on a <FONT
STYLE="white-space:nowrap">non-binding</FONT> advisory basis, the executive compensation of the Bancorp&#146;s named executive officers. Abstentions and broker <FONT STYLE="white-space:nowrap">non-votes</FONT> will have no effect on the advisory
vote on executive compensation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>How will the vote on the frequency of the advisory vote on executive compensation be determined?
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For the <FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote on the approval of the frequency of
the&nbsp;advisory vote on executive compensation, shareholders may cast a vote on their preferred voting frequency by choosing any of the following four options: &#147;one year,&#148; &#147;two years,&#148; &#147;three years,&#148; or
&#147;abstain.&#148; The option that receives the most votes cast at the Annual Meeting will be considered by the Board of Directors in determining the preferred frequency with which the Bancorp will hold a shareholder vote to approve the
compensation of its named executive officers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>How do I vote my shares? </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If you are a &#147;shareholder of record,&#148; you can vote by mailing the enclosed proxy card or by following the related
internet or telephone voting instructions. The proxy, if properly signed and returned to the Bancorp and not revoked prior to its use, will be voted in accordance with the instructions contained in the proxy. If you return your signed proxy card but
do not indicate your voting preferences, the proxies named in the proxy card will vote on your behalf &#147;FOR&#148; the two nominees for director<B> </B>listed below, &#147;FOR&#148; the ratification of FORVIS, LLP as auditors of the Bancorp for
2024, &#147;FOR&#148; the approval of the executive compensation paid to the Bancorp&#146;s named executive officers, &#147;FOR&#148; the approval of the option of every &#147;one year&#148; for holding the
<FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote on executive compensation, and, as to any other matter that may be properly brought before the Annual Meeting, in accordance with the judgment of the proxies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If you have shares held by a broker or other nominee, you may instruct the broker or nominee to vote your shares by following
the instructions the broker or nominee provides to you. If you do not submit specific voting instructions to your broker or nominee, the organization that holds your shares may generally vote your shares with respect to &#147;discretionary&#148;
items, but not with respect to <FONT STYLE="white-space:nowrap">&#147;non-discretionary&#148;</FONT> items. Discretionary items are proposals considered routine under the rules of the New York Stock Exchange on which your broker may vote shares held
in street name in the absence of your voting instructions. On <FONT STYLE="white-space:nowrap">non-discretionary</FONT> items for which you do not submit specific voting instructions to your broker, the shares will be treated as &#147;broker <FONT
STYLE="white-space:nowrap">non-votes.&#148;</FONT> The proposal to ratify FORVIS, LLP as our auditors for 2024 is considered routine and therefore may be voted upon by your broker if you do not give instructions to your broker. However, brokers will
not have discretion to vote your shares on the election of directors, on the advisory vote on the compensation of the Bancorp&#146;s executive officers, or on the advisory vote on the approval of the frequency of the advisory vote on executive
compensation. Accordingly, if your shares are held in street name and you do not submit voting instructions to your broker, your shares will not be counted in determining the outcome of the election of the director nominees, the advisory vote on the
executive compensation of the Bancorp&#146;s named executive officers, and the advisory vote on the approval of the frequency of the advisory vote on executive compensation. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Proxies solicited by this proxy statement may be exercised only at the
Annual Meeting and any adjournment thereof and will not be used for any other meeting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Can I change my vote after I have mailed my
proxy card? </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">You have the right to revoke your proxy at any time before it is exercised by (1)&nbsp;notifying the
Bancorp&#146;s Corporate Secretary (David J. Kwait, 9204 Columbia Avenue, Munster, Indiana 46321) in writing, (2)&nbsp;delivering a later-dated proxy, or (3)&nbsp;attending the Annual Meeting online and voting electronically (attendance at the
online meeting will not, by itself, revoke a proxy). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Can I vote my shares at the meeting? </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We will not be holding an in person Annual Meeting. Rather, the meeting will be completely virtual and will be held at the
time and internet address mentioned in the Notice of Annual Meeting of Shareholders included with these materials. If you are a shareholder of record, you may attend the meeting online and vote your shares electronically during the meeting via
internet at www.virtualshareholdermeeting.com/FNWD2024. You will need the information printed in the box marked by the arrow on the accompanying proxy card and you should follow the instructions provided when you login. However, we encourage you to
vote by proxy card even if you plan to attend the online meeting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If your shares are held by a broker or other nominee,
you must obtain a proxy from the broker or other nominee giving you the right to vote the shares at the meeting. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>What constitutes a
quorum? </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The holders of over 50% of the outstanding shares of Common Stock as of the record date must be present
electronically or by proxy at the Annual Meeting to constitute a quorum. In determining whether a quorum is present, shareholders who abstain, cast broker <FONT STYLE="white-space:nowrap">non-votes,</FONT> or withhold authority to vote on one or
more director nominees will be deemed present at the Annual Meeting. Once a share is represented for any purpose at a meeting, it is deemed present for quorum purposes for the remainder of the meeting. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_3"></A>SECURITY OWNERSHIP BY CERTAIN BENEFICIAL OWNERS AND MANAGEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The following table sets forth, as of March&nbsp;22, 2024, certain information as to those persons who were known by
management to be beneficial owners of more than 5% of the Bancorp&#146;s Common Stock and as to the shares of the Common Stock beneficially owned by the persons named in the &#147;Summary Compensation Table&#148; (referred to in this proxy statement
as &#147;Named Executive Officers&#148;) and by all directors and executive officers as a group. Persons and groups owning more than 5% of the Common Stock are required to file certain reports regarding such ownership with the Bancorp and the
Securities and Exchange Commission (&#147;SEC&#148;) pursuant to the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;). Based on such reports, management knows of no persons, other than as set forth in the table below, who
owned more than 5% of the Common Stock at March&nbsp;22, 2024. Individual beneficial ownership of shares by the Bancorp&#146;s directors is set forth in the table below under &#147;Proposal 1 - Election of Directors.&#148; Unless otherwise noted
below, the address of each director and executive officer is c/o Finward Bancorp, 9204 Columbia Avenue, Munster, IN 46321. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="82%"></TD>

<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="7%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:10pt; font-family:Times New Roman; "><B>&#8199;Name and Address of <BR>&#8199;Individual or Identity of
Group&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Amount&nbsp;and&nbsp;Nature<BR>&#8195;of&nbsp;Beneficial&nbsp;Ownership&#8195;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent&nbsp;of&nbsp;Shares&nbsp;of<BR>&#8195;Common&nbsp;Stock&nbsp;
Outstanding<SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP>&#8195;</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>&#8199;<U>Executive Officers and Certain Directors&#8199;&#8195;</U></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;Benjamin J. Bochnowski</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">27,500</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;Robert T. Lowry</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">27,087</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;Peymon S. Torabi</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">7,599</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(4)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;Todd M. Scheub</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">19,725</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;Leane E. Cerven</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2,789</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;All current directors and executive<BR>&#8199;officers as a group (12 persons)</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">222,268</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">5.17</TD>
<TD NOWRAP VALIGN="top">%&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>&#8199;Other Beneficial Owners of More than</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B><U>&#8195;&#8199;5% of the Common Stock&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;</U></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;Fourthstone LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">428,538</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(8)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">9.96</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8199;PL Capital Advisors, LLC</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">355,292</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(9)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">8.26</TD>
<TD NOWRAP VALIGN="bottom">%&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="2"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD>
<TD HEIGHT="2" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><U>&#8199;David A.
Bochnowski&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;</U></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">321,900</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(10)</SUP>&#8195;&#8194;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">7.48</TD>
<TD NOWRAP VALIGN="bottom">%&#8195;&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">*</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Under 1% of outstanding shares. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">For each individual or group disclosed in the table above, the figures in this column are based on 4,301,819
shares of Common Stock issued and outstanding as of March&nbsp;22, 2024, plus the number of shares of Common Stock each such individual or group has the right to acquire on or within 60 days after March&nbsp;22, 2024, computed in accordance with
Rule <FONT STYLE="white-space:nowrap">13d-3(d)(1)</FONT> under the Exchange Act. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes 1,100 shares held jointly with Mr.&nbsp;Bochnowski&#146;s spouse, 3,619 shares of restricted stock
over which Mr.&nbsp;Bochnowski has voting but not dispositive power, 1,771 shares purchased by Mr.&nbsp;Bochnowski under the Profit Sharing Plan as to which Mr.&nbsp;Bochnowski has voting and dispositive power, 1,042 shares held in
Mr.&nbsp;Bochnowski&#146;s individual retirement account as to which Mr.&nbsp;Bochnowski has dispositive and voting power, and 19,968 shares solely owned. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes 7,315 shares held jointly with Mr.&nbsp;Lowry&#146;s spouse, 2,454 shares held in his individual
retirement account for which he has dispositive and voting power, and 748 shares owned by Mr.&nbsp;Lowry&#146;s spouse in an individual retirement account. Also includes 2,020 shares of restricted stock over which Mr.&nbsp;Lowry has voting but not
dispositive power, 14,450 shares purchased by Mr.&nbsp;Lowry under the Profit Sharing Plan as to which Mr.&nbsp;Lowry has dispositive and voting power, and 100 shares solely owned. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes 6,078 shares purchased by Mr.&nbsp;Torabi under the Profit Sharing Plan as to which Mr.&nbsp;Torabi
has dispositive and voting power, and 1,521 shares solely owned. Effective December 31, 2023, Mr. Torabi resigned from his positions with the Bancorp and the Bank. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes 5,589 shares held jointly with Mr.&nbsp;Scheub&#146;s spouse, 3,021 shares of restricted stock over
which Mr.&nbsp;Scheub has voting but not dispositive power, and 11,115 shares purchased by Mr.&nbsp;Scheub under the Profit Sharing Plan as to which Mr.&nbsp;Scheub has dispositive and voting power. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes 2,389 shares owned jointly with Ms.&nbsp;Cerven&#146;s spouse and 400 shares owned by
Ms.&nbsp;Cerven in an individual retirement account. Effective May&nbsp;5, 2023, Ms.&nbsp;Cerven retired from her role at the Bancorp and the Bank. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes 33,547 shares held under the Profit Sharing Plan and 9,092 shares of restricted stock granted under
the Bancorp&#146;s 2015 Stock Option and Incentive Plan (the &#147;2015 Plan&#148;). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">This information is based solely on a Schedule 13G filed with the SEC on February&nbsp;14, 2024 by
Fourthstone LLC (&#147;Fourthstone&#148;), along with its affiliates Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC (&#147;Fourthstone GP&#148;), Fourthstone QP Opportunity Fund LP, Fourthstone
<FONT STYLE="white-space:nowrap">Small-Cap</FONT> Financials Fund LP, and L. Phillip Stone, IV, who is the Managing Member of Fourthstone and Fourthstone GP. Fourthstone holds these shares of Common Stock on behalf of its advisory clients. The
registered office of Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone <FONT STYLE="white-space:nowrap">Small-Cap</FONT> Financials Fund LP, and L. Phillip Stone, IV is 575
Maryville Centre Drive, Suite 110, St. Louis, MO 63141. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(9)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">This information is based solely on a Schedule 13D filed with the SEC on March&nbsp;21, 2024 jointly by
(i)&nbsp;PL Capital Advisors, LLC, a Delaware limited liability company and SEC registered investment adviser under the Investment Advisers Act of 1940, as amended (&#147;PL Capital Advisors&#148;); (ii) Richard J. Lashley, a managing member of PL
Capital Advisors; and (iii)&nbsp;John W. Palmer, a managing member of PL Capital Advisors. The reported shares are held directly as follows: 354,822 shares are held by various investment partnerships, funds, and managed accounts for which PL Capital
Advisors serves as investment manager or advisor, and over which PL Capital Advisors has voting and dispositive power; and 470 shares are held by Mr.&nbsp;Palmer, individually. PL Capital Advisors, Mr.&nbsp;Lashley, and Mr.&nbsp;Palmer are deemed to
beneficially own the reported shares under Rule <FONT STYLE="white-space:nowrap">13d-3</FONT> of the Exchange Act. The principal business address of PL Capital Advisors, Mr.&nbsp;Palmer, and Mr.&nbsp;Lashley is 750 Eleventh Street South, Suite 202,
Naples, Florida 34102. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(10)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">This information is based solely on a Schedule 13D filed with the SEC on February&nbsp;23, 2023 by David A.
Bochnowski and jointly with his spouse, Ann M. Bochnowski. The address of Mr.&nbsp;and Mrs.&nbsp;Bochnowski as disclosed in the Schedule 13D is 10203 Cherrywood Lane, Munster, Indiana 46321. </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_4"></A>PROPOSAL 1 &#150; ELECTION OF DIRECTORS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors (the &#147;Board&#148;) currently consists of nine members. The
<FONT STYLE="white-space:nowrap">By-Laws</FONT> provide that the Board of Directors is to be divided into three classes, with each class containing directors as nearly equal in number as the then total number of directors constituting the entire
Board permits. The members of each class are elected for a term of three years and until their successors are elected and qualified. One class of directors is elected annually. The term of the Class&nbsp;III directors expires at the Annual Meeting.
The term of the Class&nbsp;I directors expires at the 2025 Annual Meeting, and the term of the Class&nbsp;II directors expires at the 2026 Annual Meeting. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Kenneth V. Krupinski, a current Class&nbsp;III director, has elected not to stand for reelection, and will retire from the
Board, upon the expiration of his current term, which expires at the Annual Meeting. Mr.&nbsp;Krupinski&#146;s decision not to stand for reelection is not a result of any disagreement with us on any matter relating to our operations, policies, or
practices. Effective upon the conclusion of the Annual Meeting, the Bancorp will have two vacant directorships resulting from Mr.&nbsp;Krupinski&#146;s retirement and the previously disclosed resignation from the Board by former director Donald P.
Fesko. The Board intends to appoint two directors to fill the Class&nbsp;II director vacancy resulting from Mr.&nbsp;Fesko&#146;s resignation and the Class&nbsp;III director vacancy resulting from Mr.&nbsp;Krupinski&#146;s retirement in accordance
with the <FONT STYLE="white-space:nowrap">By-Laws</FONT> to terms that will expire at the 2026 and 2027 annual meetings, respectively. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The two nominees for director this year are Anthony M. Puntillo, D.D.S., M.S.D., and James L. Wieser, J.D., each of whom is a
current director of the Bancorp. If the shareholders elect these nominees at the Annual Meeting, the terms of Mr.&nbsp;Puntillo and Mr.&nbsp;Wieser will expire in 2027. No director or nominee for director is related to any other director or
executive officer of the Bancorp or nominee for director by blood, marriage, or adoption. Except as otherwise described above, there are no arrangements or understandings between any nominee and any other person pursuant to which the nominee was
selected. At the Annual Meeting, proxies cannot be voted for a greater number of individuals than the two nominees named in this proxy statement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">On February&nbsp;15, 2024, the Board named Joel Gorelick as the next Chairman of the Board of the Bancorp and the Bank.
Mr.&nbsp;Gorelick succeeded Benjamin J. Bochnowski as Chairman. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Pursuant to the Bancorp&#146;s Corporate Governance
Guidelines, directors are permitted to serve on the Board until they reach the age of 76, at which time they are required to retire from the Board effective as of the conclusion of the annual shareholders meeting following the date on which the
director attains age 76. Directors James Wieser and Joel Gorelick both have attained the age of 76 prior to the date of the Annual Meeting and, under the Bancorp&#146;s Corporate Governance Guidelines, would be required to retire from the Board
effective as of the conclusion of the Annual Meeting. However, on January&nbsp;29, 2024, the Nominating and Corporate Governance Committee approved the waiver of the retirement requirement for Director Wieser so that he may be nominated for director
and, if elected at the Annual Meeting, continue to serve until the end of his term as a Class&nbsp;III Director, which term would expire at the Annual Meeting of Shareholders in 2027. In addition, on March&nbsp;25, 2024, the Nominating and Corporate
Governance Committee approved the waiver of the retirement requirement for Director Gorelick so that he may continue to serve until the end of his term as a Class&nbsp;I Director, which term would expire at the Annual Meeting of Shareholders in
2025. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The following table provides information on the nominees for the position of
director of the Bancorp and for each director continuing in office after the Annual Meeting, including the number and percent of shares of Common Stock beneficially owned as of the record date. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>

<TD WIDTH="33%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="44%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Name</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Age</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman"><B>Present Principal Occupation</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Director<BR>Since</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares</B><br><B>Beneficially</B><br><B>Owned on</B><br><B>March&nbsp;22,</B><br><B>2024</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent<BR>of</B><br><B>Class<SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP></B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman"><B>Nominees for Director</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="16"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman"><I>(Class III &#150; Term expiring at annual meeting of shareholders in
2027)</I></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:Times New Roman"><I>&nbsp;</I></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Anthony M. Puntillo, D.D.S., M.S.D.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Orthodontist and Chief Executive Officer of Puntillo and Crane Orthodontics, PC</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2004</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">4,833</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">James L. Wieser, J.D.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Attorney with Wieser&nbsp;&amp; Wyllie LLP, Schererville, Indiana</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">1999</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">8,747</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(3)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="17"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="16"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman"><B>Directors Continuing in Office</B></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:Times New Roman"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5" COLSPAN="17"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="16"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman"><I>(Class I &#150; Term expiring at annual meeting of shareholders in
2025)</I></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:Times New Roman"><I>&nbsp;</I></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Joel Gorelick</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Chairman of the Board; Retired; former President and Chief Operating Officer of the Bancorp,
Charter Chairman Emeritus of the Lake County Economic Alliance, Inc., and Director and Chairman of the Audit Committee of the Indiana Economic Development Corporation</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">52,320</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(4)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">1.2</TD>
<TD NOWRAP VALIGN="top">%&#8195;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Amy W. Han, Ph.D.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Director for Clinical Affairs and Education of Indiana University School of Medicine &#150;
Northwest</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2008</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">7,728</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Robert W. Youman</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Investment Advisor and Managing Director with Horwitz&nbsp;&amp; Associates</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">25,285</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="17"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="16"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman"><I>(Class II &#150; Term expiring at annual meeting of shareholders in
2026)</I></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:Times New Roman"><I>&nbsp;</I></P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Benjamin J. Bochnowski</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">43</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">President and Chief Executive Officer of the Bancorp</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2014</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">27,500</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Danette Garza, J.D., M.B.A., C.P.A.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Attorney and Certified Public Accountant; Chief Executive Officer of Jack Gray Logistics
Network, Inc., Gary, Indiana</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2013</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">6,592</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(8)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="2"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD>
<TD HEIGHT="4" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Robert E. Johnson, III</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">President and Chief Executive Officer of Cimcor, Inc.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2016</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">2,899</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(9)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="17"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" COLSPAN="16"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman"><B>Directors Not Continuing in Office</B></P></TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:0em; text-indent:0em; font-size:8pt; font-family:Times New Roman"><B>&nbsp;</B></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Kenneth V. Krupinski</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">76</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:8pt; font-family:Times New Roman">Retired Certified Public Accountant; past President of Swartz Retson&nbsp;&amp; Co., P.C.,
Merrillville, Indiana</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2003</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">12,110</TD>
<TD NOWRAP VALIGN="top"><SUP STYLE="font-size:75%; vertical-align:top">(10)</SUP>&#8194;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">*</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman">* Under 1% of outstanding shares. </P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">For each individual disclosed in the table above, the figures in this column are based on 4,301,819 shares of
Common Stock issued and outstanding as of March&nbsp;22, 2024, plus the number of shares of Common Stock each such individual has the right to acquire on or within 60 days after March&nbsp;22, 2024, computed in accordance with Rule <FONT
STYLE="white-space:nowrap">13d-3(d)(1)</FONT> under the Exchange Act. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 3,378 shares held as trustee and 1,455 shares solely owned. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 7,577 shares held jointly with Mr.&nbsp;Wieser&#146;s spouse, 750 shares held by Mr.&nbsp;Wieser in
an agency capacity over which Mr.&nbsp;Wieser has voting and dispositive power, and 420 shares solely owned. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 533 shares held jointly with Mr.&nbsp;Gorelick&#146;s spouse, 48,556 shares held in
Mr.&nbsp;Gorelick&#146;s individual retirement account, 917 shares held by Mr.&nbsp;Gorelick&#146;s spouse in her individual retirement account, 1,460 shares owned as custodian for Mr.&nbsp;Gorelick&#146;s children, and 854 shares solely owned.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 7,114 shares held jointly with Dr.&nbsp;Han&#146;s spouse and 614 shares solely owned.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 22,594 shares held in Mr.&nbsp;Youman&#146;s individual retirement account and 2,691 shares held as
trustee. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">For further information regarding the beneficial ownership of these shares, see &#147;<I>Security Ownership
by Certain Beneficial Owners and Management</I>&#148; above. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 600 shares held in Ms.&nbsp;Garza&#146;s individual retirement account, 1,545 shares of restricted
stock over which Ms.&nbsp;Garza has voting but not dispositive power, 3,200 shares held as trustee, and 1,247 shares solely owned. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(9)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 2,899 shares solely owned by Mr.&nbsp;Johnson. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(10)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Includes 10,617 shares held jointly with Mr.&nbsp;Krupinski&#146;s spouse, 1,000 shares held in
Mr.&nbsp;Krupinski&#146;s individual retirement account, and 493 shares solely owned. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Each of the
Bancorp&#146;s directors and director nominees has particular experience, qualifications, attributes, and skills that qualify him or her to serve as a director of the Bancorp. These particular attributes are set forth below for each such director or
director nominee. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_5"></A>Board Diversity </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Listing Rule&nbsp;5605(f)&nbsp;(the &#147;Diverse Board Representation Rule&#148;) of The NASDAQ Stock Market, LLC
(&#147;Nasdaq&#148;) requires each Nasdaq-listed company, subject to certain exceptions, to have or explain why it does not have (1)&nbsp;at least one director who self-identifies as female, and (2)&nbsp;at least one director who self-identifies as
Black or African American, Hispanic or Latinx, Asian, Native American or Alaska Native, Native Hawaiian or Pacific Islander, two or more races or ethnicities, or as LGBTQ+. All Nasdaq-listed companies must have, or explain why they do not have, at
least one diverse director. All companies listed on the Nasdaq Capital Market, such as the Bancorp, must have, or explain why they do not have, at least two diverse directors by August&nbsp;6, 2026. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In addition, Listing Rule&nbsp;5606 (the &#147;Board Diversity Disclosure Rule&#148;) requires each Nasdaq-listed company,
subject to certain exceptions, to provide statistical information about the company&#146;s board of directors, in a uniform format, related to each director&#146;s self-identified gender, race, and self-identification as LGBTQ+. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Although we are not required to fully comply with the Diverse Board Representation Rule&nbsp;until 2026, we believe we
presently meet the requirements of that rule&nbsp;based on the self-identified characteristics of the current members of our Board.&nbsp;In the matrix below, we have provided the statistical information required by the Board Diversity Disclosure
Rule. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="42%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="15%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" COLSPAN="9" ALIGN="center" STYLE="BORDER:1px solid #000000; padding-left:8pt; padding-right:2pt"><B>Board Diversity Matrix (as of March 29, 2024)</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt"><B>Total Number of Directors</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt"><B>9</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><B>&#8195;&#8195;Female&#8195;&#8195;</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><B>&#8195;&#8195;Male&#8195;&#8195;</B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000"><B><FONT STYLE="white-space:nowrap">&#8195;&#8194;Non-Binary&#8195;&#8194;</FONT></B></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>&#8199;Did&nbsp;Not&nbsp;Disclose&#8199;</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Gender</B></P></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Part I: Gender Identity</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Directors</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">2</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">7</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Part II: Demographic
Background</B></P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">African American or Black</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">1</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Alaskan Native or Native American</P></TD>

<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Asian</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Hispanic or Latinx</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Native Hawaiian or Pacific
Islander</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">White</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">6</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000">0</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Two or
More Races or Ethnicities</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">0</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">0</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">LGBTQ+</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">0&#8195;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3" STYLE="BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-left:8pt">
<P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Did Not Disclose Demographic Background</P></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000">0&#8195;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1px solid #000000; padding-right:2pt">&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_6"></A>Nominees for Class III Directors &#150; Term Expiring at the Annual Meeting of
Shareholders in 2027 </B></P> <P STYLE="font-size:3pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="14%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="85%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011208377.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Anthony M. Puntillo, D.D.S., M.S.D.</I>, founded Puntillo and Crane Orthodontics, PC, a dental specialty practice with
multiple locations in Northwest Indiana, in 1994. He is the co-owner and senior partner of the practice. He also serves as a Director of the American Board of Orthodontics, is a past President of the Great Lakes Association of Orthodontists, and is
a member of various other orthodontics associations. He is professionally active in the Bank&#146;s communities. His experience and profile assist the Bancorp and the Bank with their business lending strategies. Dr. Puntillo served as the Lead
Independent Director for the Bancorp and the Bank from March 2022 to February 2024. Dr. Puntillo serves as the Vice-Chairman of the Board and the Executive Committee, and serves as Chair of the Nominating and Corporate Governance
Committee.</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011208603.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>James L. Wieser, J.D., </I>is an attorney with over 50 years of experience. He concentrates his practice in the areas of
real estate development and the representation of small businesses. This experience assists the Bancorp and the Bank in their real estate and small business lending. He has also served on several audit and risk management committees of
not-for-profit organizations. Mr. Wieser serves as Chairman of the Compensation and Benefits Committee, and is also a member of the Executive Committee and Risk Management and Compliance
Committee.</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_7"></A>Class I Directors &#150; Term Expiring at the Annual
Meeting of Shareholders in 2025 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011208721.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Joel Gorelick </I>currently serves as the Chairman of the Board of Directors of the Bancorp and the Bank. Mr. Gorelick
served as President and Chief Operating Officer of the Bancorp until January 2013 when he retired, and has over 50 years of banking experience including retail and commercial banking. He is a Director and Chairman of the Audit Committee of the
Indiana Economic Development Corporation and a Charter Chairman Emeritus of the Lake County Economic Alliance, Inc. He has detailed knowledge of commercial lending facilities as well as the intricacies of daily banking operations. His expertise has
been utilized as an instructor for educational seminars offered by the Indiana Bankers Association. He has a high profile within the community and is active in numerous community activities. This experience assists him in his role as Chairman of the
Executive Committee, as a member of the Audit Committee, and as an invited guest to the various Board committees.</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011208844.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Amy W. Han, Ph.D.</I>, completed a Ph.D. in Psychology from the University of Notre Dame in 2003. Prior to graduate
work, Dr. Han worked as a management consultant in the areas of human resource management and strategic management with Norrell Services and AT&amp;T in Chicago. She currently serves as the Director for Clinical Affairs and Education at the
Northwest campus of Indiana University School of Medicine. Dr. Han lends expertise to the Board in human resources management, organizational design, and strategic management areas. She brings leadership skills and the ability to help individuals
achieve their goals to the Board of Directors. She is also very knowledgeable about the means and methods of providing good customer service to individuals in Northwest Indiana and greater Chicagoland. Additionally, Dr. Han has expertise in
diversity, equity, and inclusion matters, creating IU&#146;s first Scholarly Concentration in Urban Medicine, Health Disparities and Social Determinants of Health, directly impacting the</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">community. Dr. Han also serves on several local boards. This experience assists her in her role as the
Vice-Chair of Compensation and Benefits Committee and Vice-Chair of the Nominating and Corporate Governance Committee, and as a member of the Executive Committee.</P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="10%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="89%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486sp14.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Robert W. Youman, CPA (Inactive), </I>is an Investment Advisor and Managing Director of Horwitz &amp; Associates,
positions he has held since January 2016. He has worked in the securities industry for over thirty years focusing on serving community banks and their investors. Mr. Youman began his career with KPMG LLP where he specialized in audits of community
banks. He served as a member of the board of directors of Royal Financial, Inc. and its wholly-owned Illinois state- chartered savings bank subsidiary, Royal Savings Bank, from 2017 to 2022. Mr. Youman lives in Illinois and is familiar with the
financial services markets in the Chicagoland area. He also has extensive experience in the areas of community banking, finance, mergers and acquisitions, strategic planning, and wealth management. This experience assists him in his role as the
Chairman of the Audit Committee and Vice-Chairman of the Risk</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Management and Compliance Committee, and as a member of the Nominating and Corporate Governance
Committee.</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_8"></A>Class II Directors &#150; Term Expiring at the Annual
Meeting of Shareholders in 2026 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011209087.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Benjamin J. Bochnowski </I>currently serves as President and Chief Executive Officer of the Bancorp and Chief Executive
Officer of Peoples Bank. Mr. Bochnowski joined the Bancorp in 2010, became Executive Vice President and Chief Operating Officer of the Bancorp in 2013, was promoted to President and Chief Operating Officer in 2015, and his current role in 2016.
Additionally, he served as Chairman of Finward Bancorp in 2023, and is the current Chairman of the Indiana Bankers Association. He also serves on the Board of Directors of One Region, a non-profit business organization focused on population growth,
and Allies for Community Business, a micro-lending fund focused on providing capital to low-income entrepreneurs in the Chicagoland region. Mr. Bochnowski serves as a member of the Executive Committee of the Board of
Directors.</P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="87%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011209213.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Danette Garza, J.D., M.B.A., C.P.A., </I>served as Probate Commissioner for the Lake County Superior Court from 2013 to
2017. In 2015, she took ownership of Jack Gray Transport, Inc. and affiliates, a bulk and break bulk hauler and stevedore operation located in Gary, Indiana. In May 2023, petitions for involuntary bankruptcy were filed in the U.S. Bankruptcy Court
for the Northern District of Indiana, Hammond Division, against Jack Gray Transport, Inc. and various affiliated entities in three separate actions under Chapter 11 of the United States Bankruptcy Code. The three bankruptcy cases were dismissed by
the bankruptcy court, with prejudice, in June 2023. Thereafter, Ms. Garza completed the pending sale of her companies and retired from Jack Gray in December 2023. Ms. Garza is a certified public accountant as well as a licensed attorney specializing
in corporate, estate planning,</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">and elder law. She continues to practice at the firm of Austgen, Kuiper, Jasaitis, P.C. She brings to the Board
financial expertise and strong business acumen. The Board draws on her professional strengths and civic involvement as resources to help with the Bancorp&#146;s strategic direction and capitalize on strategic opportunities of the Bancorp. She serves
as a member of the Risk Management Committee and Audit Committee.</P></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="13%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt ; margin-bottom:0pt" ALIGN="justify">


<IMG SRC="g782486g0328011209334.jpg" ALT="LOGO">
</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><I>Robert E. Johnson, III, </I>currently is the President and Chief Executive Officer of Cimcor, Inc., a position he has
held since 1997. Cimcor, Inc. develops cutting edge cybersecurity software to enable companies to maintain IT system integrity, take immediate action to change, and meet compliance regulations. Prior to Cimcor, Mr. Johnson was the manager of
business systems for Kvaerner Metals and Manager of Process Automation &amp; Control for Davy McKee Corporation. Mr. Johnson was appointed Chairman of the board of directors for The Methodist Hospitals in 2020. He has been a member of The Methodist
Hospitals board since 2009, and has previously served as the Chair of the Finance Committee and as Vice-Chairman of the board. Mr. Johnson is the former Chairman of the board of directors of the Legacy Foundation. He is a member of the Indiana
District Export Council (IDEC), a non-profit operating under the auspices of the U.S. Department of Commerce that promotes and supports exporting as a</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">way to strengthen Indiana companies, and is also Chairman of the board of One Region, a regional economic
development organization. Mr. Johnson&#146;s cyber security and information technology knowledge and record of community engagement and entrepreneurship add strong expertise and value to the Bancorp&#146;s oversight responsibilities and community
banking efforts. Mr. Johnson&#146;s experience, as described above, assists in his role as the Chair of the Risk Management and Compliance Committee, and as a member of the Compensation and Benefits Committee and Executive Committee.</P></TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_9"></A>Recommendation of the Board of Directors </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B>The Board unanimously recommends that shareholders vote &#147;FOR&#148; the Class&nbsp;III Director nominees set forth
above. Proxies solicited by the Board will be so voted, unless shareholders specify otherwise on their proxy cards. </B></P> <P STYLE="margin-top:16pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_10">
</A>CORPORATE GOVERNANCE </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_11"></A>Director Independence </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">All of the directors except Benjamin&nbsp;J. Bochnowski meet the standards for independence of Board members set forth in the
Listing Standards for the Nasdaq Stock Market. Director Benjamin Bochnowski is not independent because he is an employee of the Bancorp. Moreover, all of the members of the Bancorp&#146;s Audit Committee, Compensation and Benefits Committee, and
Nominating and Corporate Governance Committee meet the independence standards set forth in the SEC rules and the Nasdaq Listing Standards. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors of the Bancorp determines the independence of each of the directors under the Listing Standards of the
Nasdaq Stock Market, which for purposes of determining the independence of the Audit Committee members also incorporate the standards of the SEC included in Reg. &#167; <FONT STYLE="white-space:nowrap">240.10A-3(b)(1).</FONT> Among other things, the
Board considers current or previous employment relationships as well as material transactions or relationships between the Bancorp or its subsidiaries and the directors, members of their immediate family, or entities in which the directors have a
significant interest. The purpose of this review is to determine whether any relationships or transactions exist or have occurred that are inconsistent with a determination that the director is independent. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The <FONT STYLE="white-space:nowrap">non-management</FONT> directors of the Board meet in executive session without the
presence of Benjamin Bochnowski. In addition, the Board will meet in executive session without Benjamin Bochnowski at least twice a year, in accordance with Nasdaq Listing Rule 5605(b)(2) and Nasdaq <FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">IM-5605-2.</FONT></FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_12"></A>Leadership Structure of the Board of Directors </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp&#146;s <FONT STYLE="white-space:nowrap">By-Laws</FONT> currently provide that the Board may designate a Chairman
of the Board. In this regard, Joel Gorelick serves as the Chairman of the Board. Mr.&nbsp;Gorelick is not an officer of the Bancorp and is an independent director under the Listing Standards for the Nasdaq Stock Market. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board evaluates, from time to time as appropriate, whether the same individual should serve as Chairman of the Board and
Chief Executive Officer or whether these positions should be held by different individuals, based on what the Board considers to be in the best interests of the Bancorp and its shareholders. In this regard, the Board has determined that the roles of
Chairman of the Board and Chief Executive Officer should be held by separate individuals. Effective February&nbsp;15, 2024, Joel Gorelick was appointed to serve as <FONT STYLE="white-space:nowrap">non-executive</FONT> and independent Chairman of the
Board of the Bancorp, with Benjamin J. Bochnowski continuing to serve as the Chief Executive Officer of the Bancorp while also serving as a member of the Board. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board believes that this leadership structure, with Mr.&nbsp;Gorelick as Chairman and Mr.&nbsp;Bochnowski as Chief
Executive Officer, is appropriate for the Bancorp and the Bank, as it provides an appropriate balance between the two roles of Chairman and Chief Executive Officer. As Chief Executive Officer, Mr.&nbsp;Bochnowski is responsible for setting the
strategic direction for the Bancorp and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">the&nbsp;day-to-day&nbsp;leadership</FONT></FONT> and performance of the Bancorp. Correspondingly, Mr.&nbsp;Gorelick, as Chairman of the Board,
provides independent leadership for the Board, guidance to the Chief Executive Officer, and sets the agenda for Board meetings and presides over meetings of the full Board. Mr.&nbsp;Gorelick&#146;s skills and experience in the banking industry, his
familiarity with the operations and business of the Bancorp and the Bank, and his overall Board leadership acumen have led the Board to conclude that Mr.&nbsp;Gorelick is the person best qualified to serve as Chairman of the Board. In addition,
Mr.&nbsp;Bochnowski&#146;s extensive knowledge of the Bancorp&#146;s business operations through various leadership roles within the Bancorp and expertise regarding banking, finance, and regulatory issues have led the Board to conclude that
Mr.&nbsp;Bochnowski is the person best qualified to continue to serve as Chief Executive Officer of the Bancorp and the Bank. Thus, the Board believes that the current structure balances the need for Mr.&nbsp;Bochnowski, as the Chief Executive
Officer, to focus his responsibilities on setting the strategic direction for the Bancorp and managing <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">the&nbsp;day-to-day&nbsp;leadership</FONT></FONT> and
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
performance of the Bancorp&#146;s business, while at the same time having the benefit of the involvement of an independent, experienced member of the Board who has significant historical
experience with the Bancorp and its business serving as Chairman. In the past, the Board has determined to permit the same individual to serve as both Chief Executive Officer and Chairman of the Board, and it may do so again in the future. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In light of the separation of the roles of Chairman and Chief Executive Officer and the appointment of an independent Board
Chairman, the Bancorp no longer has a Lead Independent Director. Moreover, the Bancorp receives active and effective management and oversight of the Bancorp&#146;s operations by the Board&#146;s independent directors. The Bancorp&#146;s Risk
Management and Compliance, Audit, Nominating and Corporate Governance, and Compensation and Benefits Committees are comprised solely of independent directors. In this regard, the Board evaluates its board leadership structure and corporate
governance practices from time to time as appropriate.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_13"></A>Meetings of the Board of Directors </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">During the fiscal year ended December&nbsp;31, 2023, the Board of Directors of the Bancorp met or acted by written consent six
times. No director attended fewer than 80% of the aggregate total number of meetings during the last fiscal year of the Board of Directors of the Bancorp held while he or she served as director and of meetings of committees on which he or she served
during that fiscal year. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_14"></A>Board Committees </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Executive Committee </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors has appointed an Executive Committee, composed of Directors Joel Gorelick (Chairman), Anthony M.
Puntillo (Vice Chair), Amy W. Han, Benjamin J. Bochnowski, Robert E. Johnson, III, and James L. Wieser. The Executive Committee is authorized to exercise the powers of the Board of Directors between regular Board meetings, except with respect to the
declaration of dividends and other extraordinary corporate transactions. During the year ended December&nbsp;31, 2023, the Executive Committee met or acted by written consent five times. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Nominating and Corporate Governance Committee </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors has a Nominating and Corporate Governance Committee, which currently consists of Directors Anthony M.
Puntillo (Chair), Amy W. Han (Vice Chair), Robert W. Youman, and Kenneth V. Krupinski. Mr.&nbsp;Krupinski will step down from the Nominating and Corporate Governance Committee upon the expiration of his term as a director at the Annual
Meeting.&nbsp;The Board of Directors has adopted a written Charter of the Nominating and Corporate Governance Committee, a copy of which is available on the Bancorp&#146;s website at www.ibankpeoples.com. The primary functions of the Nominating and
Corporate Governance Committee are to retain and terminate any search firm to be used to identify director candidates; to assess the need for new directors; to review and reassess the adequacy of the Bancorp&#146;s Corporate Governance Guidelines
and recommend any proposed changes to the Board for approval; to lead the Board in its annual review of the Board&#146;s performance and report its findings to the Board; to recommend to the Board director nominees for each committee of the Bancorp;
to review and reassess the adequacy of its written Charter; and to annually review its own performance. The Nominating and Corporate Governance Committee identifies potential nominees for director based on specified objectives in terms of the
composition of the Board, taking into account such factors as areas of expertise and geographic, occupational, gender, race, and age diversity. The Nominating Committee assesses the effectiveness of its efforts to have a diverse Board of Directors
by periodically reviewing the current Board members for geographic, occupational, gender, race, and age diversity. Nominees will be evaluated on the basis of their experience, judgment, integrity, ability to make independent inquiries, understanding
of the Bancorp, and willingness to devote adequate time to Board duties. During the year ended December&nbsp;31, 2023, the Nominating and Corporate Governance Committee met or acted by written consent four times. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Nominating and Corporate Governance Committee also will consider director candidates recommended by the Bancorp&#146;s
shareholders. The Nominating and Corporate Governance Committee evaluates candidates recommended by shareholders using the same criteria it applies to evaluate other director candidates. A shareholder who wishes to nominate an individual as a
director candidate at next year&#146;s annual meeting of shareholders, rather </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
than recommend the individual to the Board as a potential nominee, must comply with the advance notice requirements described under &#147;Shareholder Proposals.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Audit Committee </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors has appointed an Audit Committee, established in accordance with Section&nbsp;3(a)(58)(A) of the
Exchange Act, which is composed of Directors Robert W. Youman (Chair), Kenneth V. Krupinski (Vice Chair), Danette Garza, and Joel Gorelick. Mr.&nbsp;Krupinski will step down from the Audit Committee upon the expiration of his term as a director at
the Annual Meeting.&nbsp;The Audit Committee is comprised solely of independent directors, as defined in the SEC rules and the Nasdaq Listing Standards. In addition, the Board of Directors has determined that Directors Robert W. Youman and Danette
Garza are &#147;audit committee financial experts,&#148; as that term is defined in the Exchange Act. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Audit Committee
functions as the Bancorp&#146;s liaison with its external auditors and reviews audit findings presented by the Bancorp&#146;s internal auditor. The Audit Committee, along with the external auditors and internal auditor, monitors controls for
material weaknesses and/or improvements in the audit function. The Audit Committee also monitors or, if necessary, establishes policies designed to promote full disclosure of the Bancorp&#146;s financial condition. The Board of Directors has adopted
a written Charter for the Audit Committee, a copy of which is available on the Bancorp&#146;s website at www.ibankpeoples.com. During the year ended December&nbsp;31, 2023, the Audit Committee met or acted by written consent four times. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Compensation and Benefits Committee </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors has appointed a Compensation and Benefits Committee composed of Directors James L. Wieser (Chair), Amy
W. Han (Vice Chair), and Robert E. Johnson, III. The Compensation and Benefits Committee is comprised solely of independent directors, as defined in the SEC rules and the Nasdaq Listing Standards. The Compensation and Benefits Committee is
responsible for reviewing, determining, and establishing the compensation of directors and (as the Bank&#146;s Compensation and Benefits Committee) the salaries, bonuses, and other compensation of the executive officers of the Bank. The Board of
Directors has adopted a written Charter for the Compensation and Benefits Committee, a copy of which is available on the Bancorp&#146;s website at www.ibankpeoples.com. During the year ended December&nbsp;31, 2023, the Compensation and Benefits
Committee met or acted by written consent six times. For 2023, the Compensation and Benefits Committee consulted Meridian Compensation Partners, LLC and considered surveys provided by Compdata Surveys (Banking and Finance Survey), and McLagan Survey
(Regional Community Banks) in determining the executive compensation and director compensation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Risk Management and
Compliance Committee </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors has appointed a Risk Management and Compliance Committee composed of
Directors Robert E. Johnson, III (Chair), Robert W. Youman (Vice Chair), Danette Garza, Kenneth V. Krupinski, and James L. Wieser. Mr.&nbsp;Krupinski will step down from the Risk Management and Compliance Committee upon the expiration of his term as
a director at the Annual Meeting.&nbsp;The Committee is responsible for overseeing and reviewing the operation of the Bancorp&#146;s enterprise-wide risk-management framework, reviewing and approving the key risk-management policies of the Bancorp,
reviewing the Bancorp&#146;s compliance with applicable banking laws and regulations as well as the results of examinations by bank regulatory agencies, reviewing management reports relating to the allowance for credit losses, material credit risk
within the Bancorp&#146;s loan portfolio, and the Bancorp&#146;s loan review process, and reviewing management reports relating to cybersecurity risks at the Bancorp. During the year ended December&nbsp;31, 2023, the Risk Management and Compliance
Committee met or acted by written consent four times. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_15"></A>Risk Oversight </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors plays an active role in the oversight of credit risk, market risk, operational risk, liquidity risk,
and similar risks of the business of the Bancorp. It performs this role primarily through its Committee structure. The Audit Committee of the Bancorp has oversight responsibilities with respect to financial information of the Bancorp, the systems of
internal controls established by management and the Board, and accounting and financial reporting processes. The Risk Management and Compliance Committee has oversight responsibilities with respect to
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
enterprise risk management and bank regulatory and legal compliance, as discussed above. Members of the Audit and Risk Management and Compliance Committees have the opportunity to communicate as
needed with the chief executive officer, chief financial officer, chief credit officer, chief risk officer and general counsel, internal auditor, and compliance officer of the Bank as well as the Bancorp&#146;s outside auditor and other directors of
the Bancorp. These Committees also are authorized to retain independent counsel and accountants to the extent deemed necessary to assist with their risk oversight responsibilities. In addition, the Compensation and Benefits Committee evaluates the
compensation programs of the Bancorp to ensure that they do not create incentives among management employees to take undue risks. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_16">
</A>Communications with Directors </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors of the Bancorp has implemented a process whereby
shareholders may send communications to the Board&#146;s attention. Any shareholder desiring to communicate with the Board, or one or more specific members thereof, should communicate in a writing addressed to Finward Bancorp, Board of Directors,
c/o Corporate Secretary, 9204 Columbia Avenue, Munster, Indiana 46321. The Corporate Secretary of the Bancorp has been instructed by the Board to promptly forward all such communications to the specified addressees thereof. All of the Bancorp&#146;s
directors then in office attended the Annual Meeting of Shareholders held on May&nbsp;5, 2023. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_17"></A>Employee, Officer, and
Director Hedging </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board has adopted the Finward Bancorp Insider Trading Policy (the &#147;Insider Trading
Policy&#148;) that, among other things, prohibits a director, executive officer, or employee from entering into any hedging, derivative, or other equivalent transaction that is specifically designed to reduce or limit the extent to which declines in
the trading price of the Bancorp&#146;s Common Stock would affect the value of the shares of Bancorp Common Stock owned by the executive officer or director. The Insider Trading Policy provides that examples of prohibited hedging transactions
include (i)&nbsp;short-term trading of the Bancorp&#146;s Common Stock (the practice of purchasing and selling shares of the same class of Bancorp stock within a six month period, or vice versa); (ii)&nbsp;short sales of the Bancorp&#146;s Common
Stock (the practice of selling a security that the seller does not own); (iii) transactions in put options, call options, or other derivative securities relating to the Bancorp&#146;s Common Stock; (iv)&nbsp;entering into prepaid variable forward
sale contracts, equity swaps, exchange funds, or zero cost collars relating to the Bancorp&#146;s Common Stock; and (v)&nbsp;placing standing or limit orders on the Bancorp&#146;s Common Stock. Under the policy, except as otherwise permitted by the
Bancorp&#146;s Board, directors, executive officers and other employees also are prohibited from pledging, hypothecating, or otherwise encumbering shares of the Bancorp&#146;s Common Stock as collateral for indebtedness, including holding such
shares in a margin account. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The information provided under this Employee, Officer, and Director Hedging section shall not
be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent the Bancorp specifically incorporates this information by reference. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_18"></A>Code of Ethics </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp has adopted a Code of Business Conduct and Ethics (the &#147;Ethics Code&#148;) that applies to all of the
Bancorp&#146;s directors, officers, and employees, including its principal executive officer, principal financial officer, principal accounting officer, and controller. The Ethics Code is posted on the Bancorp&#146;s website at www.ibankpeoples.com.
The Bancorp intends to disclose any waivers of the Ethics Code for directors or executive officers of the Bancorp and any amendments to the Ethics Code by posting such waivers and amendments on its website. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_19"></A>Stock Ownership Guidelines </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp&#146;s Board has adopted stock ownership guidelines (the &#147;Stock Ownership Guidelines&#148;), which require
that each director serving on the Board and each executive officer of the Bancorp attain and maintain a level of ownership of shares of the Bancorp&#146;s Common Stock having a value at least equal to the following ownership thresholds specified in
the Stock Ownership Guidelines: </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="75%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="51%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&#8199;Position</TD>
<TD VALIGN="bottom" STYLE=" BORDER-BOTTOM:1px solid #000000">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">Minimum&nbsp;Ownership&nbsp;Level</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#8199;Chief Executive Officer</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">3x annual base salary</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">&#8199;All Other Executive Officers</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">1x annual base salary</P></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">&#8199;Non-Employee</FONT> Directors</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">$100,000 in market value</P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Shares of the Bancorp&#146;s Common Stock that count toward satisfaction of the minimum
ownership thresholds in the Stock Ownership Guidelines include: (i)&nbsp;shares beneficially owned by the director or executive officer (including shares held by his or her immediate family members or held in trust for the benefit of the director or
executive officer or his or her immediate family members), including shares held in the Profit Sharing Plan and other retirement accounts or deferred compensation plans, and shares held indirectly through partnerships, trusts, or other entities to
the extent the director or executive officer has an economic interest in such shares; (ii)&nbsp;shares of time-based restricted stock (whether vested or unvested); and (iii)&nbsp;shares of performance based restricted stock, but only upon the
certification of the achievement of the applicable performance goals. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Each director and executive officer who is the
recipient of the Bancorp&#146;s Common Stock upon the vesting of an award under the 2015 Plan or any other stock incentive program of the Company must hold 100% of those shares for at least one year from the date of vesting, in addition to any
retention period required as a vesting condition. Further, after expiration of one year from the date of vesting, each director and executive officer must continue to retain at least 75% of the net shares of the Bancorp&#146;s Common Stock acquired
on vesting of restricted stock, restricted stock units, performance shares, or on exercise of stock options until he or she is in compliance with the minimum ownership level in the Stock Ownership Guidelines. However, a director or executive officer
may sell the Bancorp&#146;s Common Stock acquired by exercising stock options for the limited purposes of paying the exercise price of the stock option and any applicable tax liability, or on vesting of other equity incentive awards for the limited
purpose of paying any applicable tax liability. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Each director and executive officer must satisfy his or her applicable
minimum ownership level of the Bancorp&#146;s Common Stock within five years of becoming subject to the Stock Ownership Guidelines. In the event that the Stock Ownership Guidelines place a financial hardship on any director or executive, the
Nominating and Corporate Governance Committee may, in its discretion, develop an alternative stock ownership guideline for such director or executive officer that reflects the intention of the Stock Ownership Guidelines and the director or executive
officer&#146;s personal circumstances. The Nominating and Corporate Governance Committee may also, in its discretion, consider exceptions for charitable gifts, estate planning transactions, and certain other limited circumstances. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If a director or executive officer fails to comply with the Stock Ownership Guidelines, the Nominating and Corporate
Governance Committee may take any action it deems advisable, including but not limited to, payment of future annual or long-term cash incentives in the form of shares of restricted stock or reduced future equity compensation awards. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_20"></A>EXECUTIVE COMPENSATION </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The following table presents information for compensation awarded to, earned by, or paid to the Named Executive Officers for
2022 and 2023: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_21"></A>Summary Compensation Table for 2023 </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="49%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><B>Name and Principal Position</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Year&#8195;</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Salary&#8195;</B><br><B>($)<SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock<BR>&#8195;Awards&#8195;</B><br><B>($)<SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>All Other<BR>&#8195;Compensation&#8195;</B><br><B>($)<SUP STYLE="font-size:75%; vertical-align:top">(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Total</B><br><B>($)</B></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Benjamin J. Bochnowski</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$444,298</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$24,238</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$468,536</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><I>President and Chief Executive Officer and Chief Executive Officer of the Bank and
Chairman</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$398,336</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">$103,642</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$49,504</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$551,482</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Robert T. Lowry</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$293,343</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$25,198</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$318,541</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><I>Executive Vice President, Chief Operating Officer</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$251,996</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">$52,037</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$34,213</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$338,246</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Todd M. Scheub</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$304,641</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$12,071</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$316,712</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><I>Executive Vice President, Chief Revenue<BR>Officer; President of Peoples Bank</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$271,000</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">$93,453</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$34,372</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$398,825</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Peymon S. Torabi</B><SUP STYLE="font-size:75%; vertical-align:top">(4)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$252,580<SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD NOWRAP VALIGN="top" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$9,759<SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$262,339</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><I>Former Executive Vice President, Chief Financial Officer and Treasurer</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$216,993</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">$42,013</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$28,146</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$287,152</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><B>Leane E. Cerven</B><SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$108,683</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">$30,839</TD>
<TD NOWRAP VALIGN="top">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$55,976</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$195,498</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><I>Former Executive Vice President, Chief Risk<BR>Officer,
General Counsel and Secretary</I></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$226,847</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">$47,241</TD>
<TD NOWRAP VALIGN="top">&#8194;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$32,282</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center">$306,370</TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes any amounts earned but deferred, including amounts deferred under the Bank&#146;s 401(k) Plan.
Executive officers of the Bancorp who serve as directors do not receive director fees. The amounts in this column also include cash earned in lieu of 2022 and 2023 vacation days on behalf of Messrs. Bochnowski, Lowry, Scheub, and Torabi, and
Ms.&nbsp;Cerven, in the amounts of $45,962, $36,307, $25,456, $31,247, and $6,777, respectively. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">The amounts reflected in this column are the aggregate grant date fair market value of stock awards
calculated in accordance with FASB ASC Topic 718. Assumptions used in the calculation of these amounts are included in footnote 13 to the Bancorp&#146;s audited financial statements for the fiscal year ended December&nbsp;31, 2023, included in the
Bancorp&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for 2023, and in footnote 13 to the Bancorp&#146;s audited financial statements for the fiscal year ended December&nbsp;31, 2022, included in the Bancorp&#146;s Annual
Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for 2022. The amount in this column for Ms.&nbsp;Cerven reflects the incremental fair value, calculated in accordance with FASB ASC Topic 718, associated with the Compensation and Benefits
Committee&#146;s modifications to outstanding awards held by Ms.&nbsp;Cerven in connection with her retirement. The modification value does not represent or reflect additional awards granted to Ms.&nbsp;Cerven. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">&#147;All Other Compensation&#148; includes, for the personal benefit of the officers, Split Dollar Plan Life
Insurance benefits on their lives in the amounts of $118, $185, $124, $107, and $706 for 2023 for Messrs. Bochnowski, Lowry, Scheub, and Torabi, and Ms.&nbsp;Cerven, respectively. Such amount also includes dividends paid on restricted stock awards
to Messrs. Bochnowski, Lowry, Scheub, and Torabi, and Ms.&nbsp;Cerven in the amounts of $4,886, $2,760, $4,004, $2,116, and $1,976 for 2023, respectively. Such amount also includes the following perquisites provided to the Named Executive Officers
for 2023: B. Bochnowski &#150; auto expenses ($15,872), phone expenses ($1,320), and long-term and short-term disability and life insurance premiums for standard bank benefits ($2,042); R. Lowry &#150; auto expenses ($19,033), phone expenses
($1,320), and long-term and short-term disability and life insurance premiums for standard bank benefits ($1,900); T. Scheub &#150; auto expenses ($4,721), phone expenses ($1,320), and long-term and short-term disability and life insurance premiums
for standard bank benefits ($1,902); P. Torabi &#150; auto expenses ($4,393), phone expenses ($1,320), and long-term and short-term disability and life insurance premiums for standard bank benefits ($1,824); and L. Cerven &#150; auto expenses
($52,000), phone expenses ($508), and long-term and short-term disability and life insurance premiums for standard bank benefits ($786). </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">On December&nbsp;1, 2023, Mr.&nbsp;Torabi announced his intent to resign effective as of December&nbsp;31,
2023 and entered into a transition agreement, general release and covenant not to sue on December&nbsp;1, 2023 with Bancorp and the Bank (the &#147;Transition Agreement&#148;). The Transition Agreement provides for a lump sum severance payment, a
cash payment for accrued but unused vacation and the right to purchase his company assigned vehicle for the Kelly Blue Book Value subject to Mr.&nbsp;Torabi&#146;s continued compliance with the terms of the Transition Agreement.
</P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes $31,247 for accrued and unused vacation days paid to Mr.&nbsp;Torabi pursuant to the Transition
Agreement. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Includes a lump sum severance payment of $36,889 paid to Mr.&nbsp;Torabi pursuant to the Transition
Agreement. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Effective May&nbsp;5, 2023, Ms.&nbsp;Cerven retired as Executive Vice President, Chief Risk Officer, General
Counsel and Corporate Secretary of the Bancorp and the Bank. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_22"></A>2015 Stock Option and Incentive Plan
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors adopted the 2015 Stock Option and Incentive Plan (the &#147;2015 Plan&#148;) on
February&nbsp;27, 2015, and the plan was approved by our shareholders at the 2015 annual meeting of shareholders. The 2015 Plan was amended and restated as of February&nbsp;25, 2022, solely to reflect the change of the Bancorp&#146;s name to Finward
Bancorp. The 2015 Plan provides for the grant of any or all of the following types of awards: (1)&nbsp;stock options, including incentive stock options and <FONT STYLE="white-space:nowrap">non-qualified</FONT> stock options; (2)&nbsp;stock
appreciation rights; (3)&nbsp;restricted stock; (4)&nbsp;unrestricted stock; and (5)&nbsp;performance shares or performance units. Awards may be granted singly or in combination as determined by the Compensation and Benefits Committee. Employees,
directors, and consultants of the Bancorp or its subsidiaries are eligible to participate in the 2015 Plan. The number of shares reserved for issuance under the 2015 Plan is 250,000 shares. Shares issued under the 2015 Plan may be authorized but
unissued shares or treasury shares. As of March&nbsp;29, 2024, 43,225 shares of restricted stock and no incentive stock options were outstanding under the 2015 Plan. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board may at any time terminate or amend the 2015 Plan, subject to certain rights of participants with respect to any
outstanding awards. No amendments to the 2015 Plan will require shareholder approval unless such approval is required to comply with Rule <FONT STYLE="white-space:nowrap">16b-3</FONT> under the Exchange Act, Section&nbsp;422 of the Internal Revenue
Code of 1986, as amended (the &#147;Code&#148;), or the rules of any applicable stock exchange or quotation system. Unless previously terminated by the Board, no awards may be made under the 2015 Plan after April&nbsp;24, 2025. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The purpose of the 2015 Plan is to advance the interests of the Bancorp&#146;s shareholders by enhancing the Bancorp&#146;s
ability to attract, retain, and motivate persons who are expected to make important contributions to the Bancorp and by providing such persons with equity ownership opportunities and performance-based incentives that are intended to align their
interests with those of the Bancorp&#146;s shareholders. Subject to the terms of the 2015 Plan, the Compensation and Benefits Committee of the Bancorp&#146;s Board of Directors has the sole authority to administer the 2015 Plan, including without
limitation, selecting participants, determining the terms of the awards to be granted, establishing rules and procedures to administer the plan, and interpreting the plan. Each of the members of the Compensation and Benefits Committee is a <FONT
STYLE="white-space:nowrap">&#147;non-employee</FONT> director&#148; as provided under Rule <FONT STYLE="white-space:nowrap">16b-3</FONT> of the Exchange Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Stock options granted under the 2015 Plan are exercisable in one or more installments in the manner and at the time or times
specified by the Compensation and Benefits Committee. No incentive stock option may be exercised more than 10 years after the grant date (or, in the case of a holder of 10% or more of the Bancorp&#146;s voting stock, five years). <FONT
STYLE="white-space:nowrap">Non-qualified</FONT> options may be exercised during such period as the Compensation and Benefits Committee determines at the time of grant. The exercise price of an incentive stock option will not be less than 100% of the
fair market value of the Common Stock on the option&#146;s grant date (or 110% of such value in the case of a holder of 10% or more of the Bancorp&#146;s voting stock). The Compensation and Benefits Committee will establish the exercise price of <FONT
STYLE="white-space:nowrap">non-qualified</FONT> options at the time the options are granted that is no less than the fair market value of the stock on the grant date. Options granted under the 2015 Plan will be adjusted for certain capital changes,
such as stock splits and stock dividends. To exercise an option, the participant must provide written notice to the Bancorp. The option price may, in the sole discretion of the Compensation and Benefits Committee, be paid by a participant in cash or
shares of Common Stock owned by the participant for at least six months or any combination thereof. The 2015 Plan authorizes the Compensation and Benefits Committee to grant stock appreciation rights (&#147;SARs&#148;) independently of, or in tandem
with, a stock option. Proceeds from SAR exercises are paid in shares of Common Stock, in cash, or a combination thereof, in the discretion of the Compensation and Benefits Committee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Compensation and Benefits Committee may grant awards of restricted stock, subject to forfeiture provisions and transfer
restrictions as the committee determines. Pending the lapse of these forfeiture provisions and transfer restrictions, the grantee generally has all the rights of a shareholder, including the right to vote the shares and the right to receive all
dividends thereon. The Compensation and Benefits Committee may condition the vesting of restricted stock on the attainment of specified performance goals. While restricted stock is subject to forfeiture and
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
transfer restrictions, the 2015 Plan does not set forth any minimum or maximum duration for such provisions. The Compensation and Benefits Committee has the authority to accelerate or remove
forfeiture provisions and transfer restrictions on the restricted stock prior to the expiration of the restriction period. If the grantee ceases to be employed by the Bancorp for any reason other than death, disability, or retirement prior to the
lapse of the restrictions, the unvested portion of the restricted stock will be returned to the Bancorp. In the event of death, disability, or retirement prior to the expiration of the restrictions, a ratable portion of the restricted stock will
become fully vested. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Compensation and Benefits Committee also may award shares of Common Stock to participants
without restrictions or payment therefor as consideration for service to the Bancorp or other reasons as the Compensation and Benefits Committee determines appropriate. Additionally, the Compensation and Benefits Committee may grant awards of
performance shares or performance units which may be earned by a participant, in whole or in part, if certain goals established by the Compensation and Benefits Committee (including net income, operating income, return on equity or assets, earnings
per share, cash flow, cost control, share price, revenues, market share, and total return to shareholders) are achieved over a designated period of time. The Compensation and Benefits Committee has the discretion to satisfy a participant&#146;s
performance shares or performance units by delivery of cash, Common Stock, or any combination thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In general, if the
employment of a recipient of restricted stock is involuntarily terminated within 18 months following a &#147;change in control&#148; (as defined in the 2015 Plan) of the Bancorp, the forfeiture provisions and transfer restrictions applicable to such
stock lapse and the stock will become fully vested. If the employment of a recipient of performance shares or performance units is involuntarily terminated within 18 months following a change in control, the recipient will be entitled to a pro rata
payment with respect to such award to the same extent as if the recipient died or became disabled, subject to compliance with certain provisions of the Code. For purposes of the foregoing, a &#147;change in control&#148; includes a person or persons
acquiring 25% or more of the Bancorp&#146;s outstanding shares, a transaction resulting in the current directors of the Bancorp ceasing to constitute a majority of the Board, and shareholder approval of a transaction in which the Bancorp ceases to
be an independent publicly-owned entity or in which the Bancorp sells all or substantially all of its assets.<B><I>&nbsp;
</I></B> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_23"></A>2023 Executive Annual Incentive Plan </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors adopted the Executive Incentive Plan on October&nbsp;27, 2017, acting upon the recommendation of the
Compensation and Benefits Committee. On December&nbsp;17, 2021, the Board, also acting upon the recommendation of the Compensation and Benefits Committee, approved certain revisions to the Executive Incentive Plan, which became effective for the
fiscal year beginning January&nbsp;1, 2022. The Executive Incentive Plan is designed to use a target bonus framework, with a target bonus established for each participant at the beginning of the year. Payouts are determined as a percentage of the
target opportunity based on performance relative to criteria established at the beginning of the year. Awards under the Executive Incentive Plan are made in the form of both cash bonuses and grants of time-based restricted stock. All awards of
restricted stock under the Executive Incentive Plan were granted pursuant to the 2015 Plan. All of the Bancorp&#146;s executive officers are eligible to participate in the Executive Incentive Plan. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For the cash bonus component of the Executive Incentive Plan, the plan uses a target bonus framework and provides for payouts
at, above, or below target based on the Bancorp&#146;s results of return on assets, earnings per share growth, and efficiency ratio. The Compensation and Benefits Committee may modify payouts up or down based on strategic and individual goals, as
well as defined risk criteria, which are referred to in the plan as &#147;modifiers.&#148; Threshold and maximum performance levels are set for each measure and can result in payouts ranging from 50% to 150% of target. For 2023, initial target award
opportunities were 35% of base salary for the Executive Chairman and CEO, and 25% to 30% of base salary for all other executive officer participants. Performance criteria and weightings are established annually at the beginning of each year by the
Compensation and Benefits Committee. The Bancorp did not achieve the performance goals established by the Compensation and Benefits Committee for 2022 under the Executive Incentive Plan. Therefore, no cash bonus incentives were earned by or paid to
the Bancorp&#146;s executive officers in 2023 under the Executive Incentive Plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For the equity award component of the
Executive Incentive Plan, executive officer participants are eligible to receive annual grants of time-based restricted stock. The performance goals for the equity component are the same as those for the cash bonus component. For 2023, the
Bancorp&#146;s Executive Chairman and Chief Executive Officer </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
had a target long-term incentive opportunity equal to 25% of base salary, and all other executives had a target long-term incentive opportunity equal to 20% of base salary. Grants under the
Executive Incentive Plan become fully vested three years from the grant date of the award. Based on 2022 financial results, the Bancorp&#146;s executive officers agreed not to receive any awards of restricted stock in 2023 under the Executive
Incentive Plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Executive Incentive Plan contains a &#147;clawback&#148; provision, which provides that in the event
within three years of an incentive payout the Bancorp is required to prepare an accounting revision or restatement or determined that the incentives were paid based on inaccurate performance metric results, the Compensation and Benefits Committee
will determine whether a clawback of the incentives is appropriate.&nbsp;Revised or corrected financial statements, in addition to restated financials, can be considered by the Compensation and Benefits Committee in determining whether a payout
would have been reduced or whether any misconduct occurred.&nbsp;Additionally, in the event the Compensation and Benefits Committee determines that an incentive recipient engaged in fraud or intentional misconduct that resulted in significant
financial and/or reputational harm to the Bancorp, the committee will determine whether it is appropriate to clawback any incentive compensation awarded during the preceding three years (including equity awards). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_24"></A>Employees&#146; Savings and Profit Sharing Plan </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bank maintains an Employees&#146; Savings and Profit Sharing Plan and Trust for all employees who meet the plan
qualifications. The Profit Sharing Plan is a defined contribution plan and employees are eligible to participate in the Profit Sharing Plan on January 1<SUP STYLE="font-size:75%; vertical-align:top">st</SUP> or July 1<SUP
STYLE="font-size:75%; vertical-align:top">st</SUP> next following the completion of one year of employment, the attainment of age 18, and completion of 1,000 hours of employment. The plan is administered by a third party and employees direct their
individual investments into any of several investment options, including the Bancorp&#146;s shares purchased on the open market. Employees eligible for the Profit Sharing Plan may redirect their investments at any time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Contributions to the Profit Sharing Plan are discretionary, made by the Bank and are
<FONT STYLE="white-space:nowrap">non-contributory</FONT> on the part of the employees. All contributions are also subject to review by the Compensation and Benefits Committee and approval by the Board. Profit sharing contributions made by the Bank
and earnings credited to the employee&#146;s account vest on the following schedule: two years of service, 40% of contributions and earnings; three years of service, 60% of contributions and earnings; four years of service, 80% of contributions and
earnings; and five years of service, 100% of contributions and earnings. Participants also become 100% vested in the employer contributions and accrued earnings in their account upon their death, approved disability, or attainment of age 65 while
employed at the Bank. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Profit Sharing Plan is open to all eligible employees and the Bank contributes a percentage of
each employee&#146;s profit sharing wages. Consistent with the objectives of the Bancorp&#146;s executive compensation program, contributions to the plan may increase or decrease based upon the return on assets of the Bancorp. In 2023, the Bank
elected not to make contributions to the Profit Sharing Plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Employees&#146; Savings Plan feature allows employees
to make <FONT STYLE="white-space:nowrap">pre-tax</FONT> contributions to the Plan, subject to the limitations imposed by Section&nbsp;401(k) of the Code. Employees are eligible to participate in the Employees&#146; Savings Plan on the first day of
the month next following the completion of 90 days of employment, the attainment of age 18, and a minimum of 250 hours worked in a year. Participants electing <FONT STYLE="white-space:nowrap">pre-tax</FONT> contributions are always 100% vested in
their contributions and the earnings on their investments. Participants can also borrow from their <FONT STYLE="white-space:nowrap">pre-tax</FONT> contributions pursuant to meeting the requirements of the Code, using their account as collateral.
Beginning on January&nbsp;1, 2023, the Bank implemented a 401(k) company match that matches 50 cents per dollar up to 6% of an employee&#146;s annual eligible compensation, for a maximum match of 3% of the employee&#146;s annual eligible
compensation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Based upon the Bank&#146;s return on assets for 2022, $494,556 (including forfeitures of $18,336.75) was
contributed to the Profit Sharing Plan for the year ended December&nbsp;31, 2022. As stated above, the Bank did not make any contributions to the Profit Sharing Plan for the year ended December&nbsp;31, 2023, apart from the 401(k) company match
described above. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_25"></A>Group Medical and Insurance Coverage </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Group medical and insurance coverage is a customary and competitive employment practice in the community banking industry. The
Bank provides a selection of group medical insurance benefits for all full-time employees with employees selecting the type of coverage. The Bank encourages participation in a wellness program by providing a larger premium subsidy for employees who
elect a wellness plan. For single employee coverage, the Bank pays 70% for plans with wellness and 65% without. For employees with dependents, the Bank pays 65% and 55%, respectively. The Bank also provides two separate life insurance and accidental
death and dismemberment insurance benefits. All full-time employees receive a life insurance and accidental death and dismemberment insurance benefit equal to <FONT STYLE="white-space:nowrap">one-half</FONT> of their annual salary the first of the
month following 30 days of employment and, once they have completed one year of employment, 1,000 hours of service, and reached their 18th birthday, another life insurance and accidental death and dismemberment insurance benefit is provided on the
first day of the month following the satisfaction of eligibility requirements that is equal to three times an employee&#146;s salary to a maximum of $500,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bank&#146;s <FONT STYLE="white-space:nowrap">non-employee</FONT> directors also are provided the opportunity to receive
medical and vision coverage under the Bank&#146;s plan on the same terms as those applicable to employees. Dr.&nbsp;Puntillo, Ms.&nbsp;Garza, and Mr.&nbsp;Wieser are the only outside directors who have elected both medical and vision coverage, while
Mr.&nbsp;Gorelick has elected only vision coverage. No other outside director has elected these coverages. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_26"></A>BOLI Insurance
</B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bank has invested in Bank Owned Life Insurance (BOLI) that insures selected executive officers, senior
vice-presidents, and vice-presidents. A feature of this type of insurance provides a split dollar benefit to each insured that is reviewed by the Compensation and Benefits Committee and approved by the Board. The personal benefit portion of premiums
paid for executive officers is indicated in the Summary Compensation Table under the column &#147;All Other Compensation.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_27">
</A>Unqualified Deferred Compensation Plan </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bank adopted an Unqualified Deferred Compensation Plan (the
&#147;Deferred Compensation Plan&#148;) in 1995 due to the Code&#146;s limitation on the amount of contributions a corporation can make on behalf of an employee to a qualified retirement plan. The Deferred Compensation Plan is designed to provide
deferred compensation to key senior management employees of the Bank in order to recognize their substantial contributions to building shareholder value and to provide them with additional financial security as an inducement to remain with the Bank.
The Compensation and Benefits Committee administers the plan. To be eligible, an employee must hold a key management full time position that significantly impacts the Bank&#146;s operating success. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Compensation and Benefits Committee selects which persons shall be participants and authorizes the crediting each year of
an amount based upon a formula involving the participant&#146;s employer funded contributions under all qualified retirement plans and the limitations imposed by Code subsection 401(a)(17) and Code section 415. In 2023, the maximum compensation
level subject to qualified plan limitations was $330,000. The Deferred Compensation Plan provides that following the cessation of employment for any reason, the participant&#146;s account is distributed to the participant or in the event of death,
to the designated beneficiary in equal monthly installments over a five-year period unless the Bank&#146;s Board of Directors approves an alternative form of payment at the request of the participant or beneficiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Currently, Mr.&nbsp;Benjamin Bochnowski is the only executive participating in the Deferred Compensation Plan. However, no
further contributions will be made unless the Bank elects to make a profit-sharing contribution. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_28"></A>Outstanding Equity Awards at Fiscal 2023
<FONT STYLE="white-space:nowrap">Year-End</FONT> </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The following table presents information on restricted stock held by
the Named Executive Officers as of December&nbsp;31, 2023: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="68%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="92%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="11" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock Awards</B></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><B>Name</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number</B><br><B>of&nbsp;Shares</B><br><B>or&nbsp;Units&nbsp;of</B><br><B>Stock</B><br><B>That&nbsp;Have</B><br><B>Not</B><br><B>Vested</B><br><B>(#)<SUP
STYLE="font-size:75%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Market</B><br><B>Value&nbsp;of</B><br><B>Shares</B><br><B>or&nbsp;Units</B><br><B>of&nbsp;
Stock</B><br><B>That</B><br><B>Have</B><br><B>Not</B><br><B>Vested</B><br><B>($)<SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Date&nbsp;of</B><br><B>Full</B><br><B>Vesting</B><br><B>of&nbsp;Stock</B><br><B>Awards</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Benjamin J. Bochnowski</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1,458</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">36,800</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/10/24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2,161</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">54,544</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/11/25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Robert T. Lowry</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">935</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">23,599</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/10/24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1,085</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">27,385</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/11/25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Todd Scheub</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">944</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">23,827</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/10/24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1,077</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">27,183</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/11/25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">1,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">25,240</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">4/27/25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Peymon S. Torabi</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">363</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">9,162</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/10/24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">388</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">9,793</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">6/1/24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">876</TD>
<TD NOWRAP VALIGN="bottom">&#8194;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">22,110</TD>
<TD NOWRAP VALIGN="bottom">&#8195;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">2/11/25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Leane E. Cerven</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;margin-left:15%;border-bottom:1px solid #000000; width:18%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="15%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Represents shares of time-vested restricted stock that have a three-year cliff-vesting schedule based on
continued employment. </P></TD>
<TD WIDTH="16%">&nbsp;</TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="15%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">The market value of these awards is determined by multiplying the number of shares by the closing market
price of the Bancorp&#146;s Common Stock on December&nbsp;29, 2023 (the last trading day of 2023), which was $25.24 per share. </P></TD>
<TD WIDTH="16%">&nbsp;</TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_29"></A>Potential Payments upon Termination or Change in Control </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Payments Under Employment Agreements </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp has entered into agreements that will require the payment of compensation to two Named Executive Officers in the
event of their termination of employment, change in responsibilities, or a <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">change-in-control</FONT></FONT> of the Bancorp. These agreements are discussed under the heading
&#147;<I>Employment Agreements</I>&#148; below. Furthermore, if an employee is involuntarily terminated within 18 months following a change in control of the Bancorp, any remaining transfer restrictions with respect to stock awards he or she holds
will lapse. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Finward Bancorp Executive Change in Control Severance Plan </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">On October&nbsp;28, 2019, the Board of Directors of the Bancorp adopted the Finward Bancorp Executive Change in Control
Severance Plan (the &#147;Severance Plan&#148;).&nbsp;The purpose of the Severance Plan is to attract and retain talent and to assure the present and future continuity, objectivity, and dedication of management in the event of any change in control
of the Bancorp or the Bank. The participants under the Severance Plan (each, a &#147;Participant&#148;) include any full-time employee of the Bancorp who is a President, Chief Financial Officer, Chief Operating Officer, or Executive Vice President,
and any other full-time employee of the Bancorp or the Bank who is recommended by the Chief Executive Officer of the Bancorp to the Compensation and Benefits Committee of the Bancorp&#146;s Board of Directors to be a key employee who should be
eligible to participate in the Severance Plan, and who, in each case, has at least </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
three years of continuous employment and as of the date of the occurrence of a change in control does not have a separate written agreement with the Bancorp or the Bank providing for the payment
of severance or other compensation following a change in control. As a result, with the exception of Benjamin J. Bochnowski and Todd M. Scheub, all of the Bancorp&#146;s other Named Executive Officers who are currently serving with the Bancorp are
eligible participants in the Severance Plan. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp will provide a Participant with the payments and benefits set
forth in the Severance Plan if (i)&nbsp;his or her employment is terminated by the Bancorp or the Bank (or any successor) without &#147;cause&#148; (as such term is defined in the Severance Plan) during the period beginning on the first occurrence
of a &#147;change in control&#148; (as such term is defined in the Severance Plan) and lasting through the earlier of the Participant&#146;s death, or the <FONT STYLE="white-space:nowrap">18-month</FONT> anniversary of the occurrence of the change
in control (such period, the &#147;Covered Period&#148;); or (ii)&nbsp;both (A) an event of &#147;good reason&#148; (as such term is defined in the Severance Plan) occurs during the Covered Period, and (B)&nbsp;the Participant terminates his or her
employment with the Bancorp or the Bank (or any successor) for such event of good reason within 60 calendar days following the date the Participant provides notice of good reason to the Bancorp (or successor) and after the Bancorp (or successor) has
had an opportunity to cure such good reason.</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The payments and benefits under the Severance Plan will include: (i)&nbsp;a
cash severance payment equal to one times the sum of (A)&nbsp;the Participant&#146;s base salary in effect on the date of termination, or, if greater, in effect on the date of the change in control, plus (B)&nbsp;the greater of the actual annual
cash bonus received by the Participant for the calendar year immediately preceding the calendar year in which termination occurs or the annual cash bonus that the Participant would have earned for the entire calendar year in which the termination
occurs, at target level; (ii)&nbsp;a lump sum amount equal to 100% of the aggregate annual COBRA premium amounts (based on COBRA rates then in effect) for the medical and dental coverage that was being provided to the Participant and his or her
spouse and eligible dependents as of the date of termination; and (iii)&nbsp;a lump sum amount equal to 100% of the annual premiums paid by the Bancorp in respect of the life insurance coverage provided for an active employee similarly situated to
the Participant (based upon coverage and rates in effect on the date of the Participant&#146;s termination). The benefits are generally to be paid in a single lump sum, in cash, on the later of the
25<SUP STYLE="font-size:75%; vertical-align:top">th</SUP>&nbsp;business day following the date of termination, or the fifth business day following the date the release required under the Severance Plan to be executed by the Participant in favor of
the Bancorp and the Bank (or successor) becomes effective and irrevocable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_30"></A>Employment Agreements </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp and the Bank are parties to two employment agreements, one with Benjamin J. Bochnowski, the President and Chief
Executive Officer of the Bancorp and the Chief Executive Officer of the Bank and a Named Executive Officer of the Bancorp and the Bank, and the other with Todd M. Scheub, the Executive Vice President&nbsp;&amp; Chief Revenue Officer of the Bancorp,
President of the Bank, and a Named Executive Officer of the Bancorp. The Bancorp and the Bank previously were party to an employment agreement with David A. Bochonowski, the former Executive Chairman of the Bancorp and the Bank. As previously
disclosed, Mr.&nbsp;Bochnowski retired as Executive Chairman and as a member of the Board effective June&nbsp;30, 2023. As a result, Mr.&nbsp;Bochnowski&#146;s employment agreement expired pursuant to its terms on June&nbsp;28, 2023. The terms of
the employment agreements from Benjamin J. Bochnowski and Todd M. Scheub obligate the Bancorp to make certain payments to the applicable executive officer upon certain termination events, as described below. The Bancorp and the Bank maintain the
employment agreements as a means of remaining competitive, aligning each such executive officer with shareholder interests in the event of a change in control, and providing income protection in the event of an involuntary loss of employment. A
description of the material terms of each executive officer&#146;s employment agreement is provided below. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Employment Agreement with Benjamin J. Bochnowski </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">On August&nbsp;1, 2017, the Bancorp and the Bank entered into an Employment Agreement with Benjamin J. Bochnowski, the
President and Chief Executive Officer of the Bancorp and the Chief Executive Officer of the Bank, which was amended pursuant to a First Amendment to Employment Agreement dated July&nbsp;27, 2018, a Second Amendment to Employment Agreement dated
March&nbsp;15, 2021, and a Third Amendment to Employment Agreement dated May&nbsp;3, 2021 (as amended, the &#147;Amended Employment Agreement&#148;). Under the Amended Employment Agreement, Mr.&nbsp;Bochnowski will serve as the President and Chief
Executive Officer of the Bancorp and the Chief Executive Officer of the Bank for a base salary of $310,500 per year, subject to increases awarded by the Board of Directors and possible decreases before a change of control of the Bancorp or the Bank
based on operating results, or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
if the Bancorp or the Bank makes similar decreases in the base salaries of its other executive officers. The term of the Amended Employment Agreement is for one year, which will be automatically
renewed for additional <FONT STYLE="white-space:nowrap">one-year</FONT> periods unless written notice of <FONT STYLE="white-space:nowrap">non-renewal</FONT> is delivered by either party at least 60 days prior to the end of the initial or renewal
term. Pursuant to this provision, the Amended Employment Agreement was automatically renewed for an additional <FONT STYLE="white-space:nowrap">one-year</FONT> period as of August&nbsp;1, 2023. Mr.&nbsp;Bochnowski also is eligible to receive an
annual cash performance bonus as may be set by the Board, he is eligible to participate in any equity-based incentive compensation plan or program approved by the Board from time to time, including the Bancorp&#146;s 2015 Plan, and he is entitled to
customary fringe benefits and vacation leave. During the term of the Amended Employment Agreement, the Bank will continue to pay the premiums on life insurance policies insuring Mr.&nbsp;Bochnowski providing for current benefits of approximately
$700,000. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Amended Employment Agreement may be terminated by the Bank for &#147;cause,&#148; which is defined in the
Amended Employment Agreement as (i)&nbsp;the failure of Mr.&nbsp;Bochnowski to perform his duties under the agreement (other than failure resulting from incapacity due to physical or mental illness), and the failure constitutes gross negligence or
willful misconduct, after written demand from the Board; (ii)&nbsp;Mr.&nbsp;Bochnowski&#146;s commission of an act of malfeasance, dishonesty, fraud, or breach of trust against the Bank or any of its affiliates, employees, customers, or vendors
resulting or intended to result in his substantial gain or personal enrichment; or (iii)&nbsp;Mr.&nbsp;Bochnowski&#146;s indictment, conviction, or plea of guilty or no contest to a felony or crime of moral turpitude. The Amended Employment
Agreement also will immediately terminate upon Mr.&nbsp;Bochnowski&#146;s death or if he becomes disabled (as defined in the agreement). In addition, the Bank may terminate the agreement without cause upon 30 days prior written notice. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If the Amended Employment Agreement terminates because Mr.&nbsp;Bochnowski is discharged for cause, or because of his
resignation without &#147;good reason&#148; (as defined below), or in the event of his disability, the Bank will pay Mr.&nbsp;Bochnowski (i)&nbsp;his unpaid base salary through the date of termination; (ii)&nbsp;any unpaid bonus, incentive
compensation, deferred compensation, and other cash compensation accrued as of the date of termination; and (iii)&nbsp;any unused vacation, expense reimbursements, and other cash entitlements due to him as of the date of termination (collectively,
the &#147;Accrued Obligations&#148;). Such payments will be made in a lump sum in cash within 30 days after the date of termination, except that any bonus, deferred compensation, or incentive compensation will be paid in accordance with the terms of
the relevant plan as applicable to Mr.&nbsp;Bochnowski. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If Mr.&nbsp;Bochnowski is discharged without cause or he resigns
for &#147;good reason,&#148; or in the event of his death, then the Bank will pay Mr.&nbsp;Bochnowski, or his heirs or estate as the case may be, (i)&nbsp;the Accrued Obligations; (ii)&nbsp;a lump sum amount equal to 2 times his then-current base
salary and most recent annual bonus; (iii)&nbsp;continuation for 18 months of welfare benefits and senior executive perquisites at least equal to those that would have been provided if he remained employed during that period; and (iv)&nbsp;the cost
of outplacement services. The payment of the foregoing amounts are contingent upon Mr.&nbsp;Bochnowski timely executing an effective general release and waiver of all known and unknown claims in a form and substance acceptable to the Bancorp.</P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For purposes of the Amended Employment Agreement, &#147;good reason&#148; is defined as any of the following, which has not
been expressly consented to by Mr.&nbsp;Bochnowski in writing: (i)&nbsp;assignment of duties by the Board that are inconsistent with his position, authority, duties, or responsibilities as Chief Executive Officer of the Bank or President and Chief
Executive Officer of the Bancorp, or any other action by the Bank which results in a substantial diminution of such position, authority, duties, or responsibilities; (ii)&nbsp;a reduction of 10% or more in his then current base salary, unless such
reduction is required by law or regulation or is proportionate to a reduction in the base salary of all other executive officers of the Bank; (iii)&nbsp;any failure to <FONT STYLE="white-space:nowrap">re-nominate</FONT> Mr.&nbsp;Bochnowski as a
director of the Bancorp or the Bank, except in connection with or related to the termination of his employment or the expiration of the Amended Employment Agreement; or (iv)&nbsp;any substantial failure by the Bank to comply with any of the
provisions of the Amended Employment Agreement;<I>&nbsp;provided that</I>, actions taken by the Board under clause (i)&nbsp;above by reason of Mr.&nbsp;Bochnowski&#146;s inability to perform his responsibilities because of a physical or mental
injury or disease will not be deemed &#147;good reason;&#148;<I>&nbsp;provided, further, that</I>, the expiration of the term of the Amended Employment Agreement, or the provision of a notice of <FONT STYLE="white-space:nowrap">non-renewal</FONT> of
the term by either party will not constitute &#147;good reason.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Amended Employment Agreement provides that if
Mr.&nbsp;Bochnowski is discharged without cause or he resigns for good reason in connection with a &#147;change of control&#148; (as defined in the agreement) of the Bancorp or the Bank, Mr.&nbsp;Bochnowski will receive the payments as described
above, except that the payment relating to his &#147;most </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
recent annual bonus&#148; will be the most recent annual bonus received by Mr.&nbsp;Bochnowski prior to the change of control, and the benefits continuation provision of the agreement will be
those benefits that were provided to Mr.&nbsp;Bochnowski immediately prior to the change of control; <I>provided that</I>, the foregoing provisions will not apply to the severance and benefits provisions above if the benefits Mr.&nbsp;Bochnowski
would receive under those provisions would be greater without the application of the limitations described in this paragraph. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">During a period of one year following his termination of employment, Mr.&nbsp;Bochnowski may not solicit or induce any
employees or customers of the Bank to leave the Bank. In addition, Mr.&nbsp;Bochnowski is subject to confidentiality provisions protecting the Bancorp&#146;s and Bank&#146;s confidential business information from unauthorized disclosure. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Mr.&nbsp;Bochnowski has agreed that during his employment and for a period of one year following his termination of
employment, he will not directly for himself or for any third party, solicit, induce, recruit, or cause another person in the employ of the Bancorp or the Bank: (i)&nbsp;who has access to, or possesses, confidential information (as defined in the
agreement), trade secrets, or other knowledge regarding the Bancorp or the Bank that could give a competitor of the Bancorp or the Bank an unfair advantage; (ii)&nbsp;who, within the one year period preceding Mr.&nbsp;Bochnowski&#146;s separation
from employment, has serviced or established goodwill with the Bancorp&#146;s or the Bank&#146;s customers or clients or acquired confidential information about those customers or clients; or (iii)&nbsp;who reported directly or indirectly to
Mr.&nbsp;Bochnowski during his last year of employment, to terminate his/her employment for the purpose of joining, associating, or becoming employed with another person, business organization, or other entity that is in competition with any product
or service provided by the Bancorp or the Bank, or any business or activity of the Bancorp or the Bank. Mr.&nbsp;Bochnowski has further agreed that during his employment and for a period of one year following his termination of employment, he will
not directly for himself or for any third party, encourage or induce any customer of the Bancorp or the Bank to cease doing business with the Bancorp or the Bank. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Employment Agreement with David A. Bochnowski </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">On June&nbsp;28, 2021, the Bancorp and the Bank entered into an Employment Agreement with Mr.&nbsp;David Bochnowski, the
Executive Chairman of the Bancorp and the Bank. On May&nbsp;20, 2022, the Bancorp and the Bank entered into an Extension Agreement with Mr.&nbsp;Bochnowski, which extended the term of the employment agreement by twelve months to June&nbsp;28, 2023.
The original term of the employment agreement was scheduled to expire on June&nbsp;28, 2022. The extension agreement became effective as of June&nbsp;28, 2022, and all other terms and conditions of the Employment Agreement remained the same. As
previously disclosed, Mr.&nbsp;Bochnowski retired as Executive Chairman and as a member of the Board effective June&nbsp;30, 2023. As a result, Mr.&nbsp;Bochnowski&#146;s employment agreement expired pursuant to its terms on June&nbsp;28, 2023 with
no further extensions. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Under his employment agreement when it was in effect, Mr.&nbsp;Bochnowski was entitled to receive
a base salary of $140,000 per year, and the Bank paid the premiums on life insurance policies insuring Mr.&nbsp;Bochnowski. Upon Mr.&nbsp;Bochnowski&#146;s retirement, he did not receive any additional compensation pursuant to the terms of his
employment agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">During a period of one year following his termination of employment, Mr.&nbsp;Bochnowski may not
directly for himself or for any third party, solicit, induce, recruit, or cause another person in the employ of the Bancorp or the Bank: (i)&nbsp;who has access to, or possesses, confidential information, trade secrets, or other knowledge regarding
the Bancorp or the Bank that could give a competitor of the Bancorp or the Bank an unfair advantage; (ii)&nbsp;who, within the one year period preceding Mr.&nbsp;Bochnowski&#146;s separation from employment, has serviced or established goodwill with
the Bancorp&#146;s or the Bank&#146;s customers or clients or acquired confidential information about those customers or clients; or (iii)&nbsp;who reported directly or indirectly to Mr.&nbsp;Bochnowski during his last year of employment, to
terminate his employment for the purpose of joining, associating, or becoming employed with another person, business organization or other entity that is in competition with any product or service provided by the Bancorp or the Bank, or any business
or activity of the Bancorp or the Bank. Mr.&nbsp;Bochnowski also agreed that during his employment with either the Bancorp or the Bank, and for a period of one year following his termination, he may not directly for himself or for any third party,
encourage or induce any customer of the Bancorp or the Bank to cease doing business with the Bancorp or the Bank. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Employment Agreement with Todd M. Scheub </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">On April&nbsp;27, 2022, the Bancorp and the Bank entered into an Employment Agreement with Mr.&nbsp;Scheub. The employment
agreement became effective upon execution. Under the employment agreement, Mr.&nbsp;Scheub shall serve as the President of the Bank, and the Executive Vice President&nbsp;&amp; Chief Revenue Officer of the Bancorp for a base salary of $271,000 per
year, subject to increases awarded by the Board and possible decreases if the Bancorp or the Bank makes similar decreases in the base salaries of its other executive officers. The term of the employment agreement is for one year, which will be
automatically renewed for additional <FONT STYLE="white-space:nowrap">one-year</FONT> periods unless written notice of <FONT STYLE="white-space:nowrap">non-renewal</FONT> is delivered by either party at least 60 days prior to the end of the initial
or renewal term. Since no written notice of <FONT STYLE="white-space:nowrap">non-renewal</FONT> has been provided by either party pursuant to this provision, Mr.&nbsp;Scheub&#146;s employment agreement has been automatically renewed for an
additional <FONT STYLE="white-space:nowrap">one-year</FONT> period effective as of April&nbsp;27, 2023. Mr.&nbsp;Scheub also is eligible to receive an annual cash performance bonus as may be set by the Board, he will be eligible to participate in
any equity-based incentive compensation plan or program approved by the Board from time to time, including the 2015 Plan, and he will be entitled to customary fringe benefits and vacation leave. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Under the employment agreement, Mr.&nbsp;Scheub&#146;s employment may be terminated by the CEO for &#147;cause,&#148; which is
defined in the employment agreement as (i)&nbsp;Mr.&nbsp;Scheub&#146;s commission of an act of malfeasance, fraud, embezzlement, breach of trust, or dishonesty; (ii)&nbsp;Mr.&nbsp;Scheub&#146;s indictment, conviction, or plea of guilty or no contest
to a felony or crime of moral turpitude; (iii)&nbsp;any unauthorized use or disclosure by Mr.&nbsp;Scheub of confidential information or trade secrets of the Bank; (iv)&nbsp;Mr.&nbsp;Scheub&#146;s gross negligence, insubordination, or material
violation of any duty of loyalty to the Bank, any other misconduct on the part of Mr.&nbsp;Scheub, or any violation of law or regulation applicable to the Bank; (v)&nbsp;Mr.&nbsp;Scheub&#146;s failure to satisfactorily perform his duties in the
opinion of the CEO, which failure has not been remedied by Mr.&nbsp;Scheub within 30 days after the CEO delivers written notice of such failure to Mr.&nbsp;Scheub; or (vi)&nbsp;Mr.&nbsp;Scheub&#146;s breach of the employment agreement. The
employment agreement also will immediately terminate upon Mr.&nbsp;Scheub&#146;s death or if he becomes disabled (as defined in the agreement). In addition, the CEO may terminate Mr.&nbsp;Scheub&#146;s employment without cause upon 30 days prior
written notice. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If Mr.&nbsp;Scheub&#146;s employment terminates because he is discharged for cause, or because of his
resignation without &#147;good reason&#148; (as defined below), or in the event of his disability, the Bank will pay Mr.&nbsp;Scheub (i)&nbsp;his unpaid base salary through the date of termination; (ii)&nbsp;any unpaid bonus, incentive compensation,
deferred compensation, and other cash compensation accrued as of the date of termination; and (iii)&nbsp;any unused vacation, expense reimbursements, and other cash entitlements due to him as of the date of termination (collectively, the
&#147;Scheub Accrued Obligations&#148;). Such payments will be made in a lump sum in cash within 30 days after the date of termination, except that any bonus, deferred compensation, or incentive compensation will be determined and paid in accordance
with the terms of the relevant plan as applicable to Mr.&nbsp;Scheub. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If Mr.&nbsp;Scheub is discharged without cause or
he resigns for &#147;good reason,&#148; or in the event of his death, then the Bank will pay Mr.&nbsp;Scheub, or his heirs or estate as the case may be, (i)&nbsp;the Scheub Accrued Obligations; (ii)&nbsp;a lump sum amount equal to 1.5 times his
then-current base salary and most recent annual bonus; (iii)&nbsp;continuation for 18 months of welfare benefits and senior executive perquisites at least equal to those that would have been provided if he remained employed during that period; and
(iv)&nbsp;the cost of outplacement services. The foregoing payments and benefits are contingent upon Mr.&nbsp;Scheub executing an effective general release and waiver of claims acceptable to the Bancorp and the Bank. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For purposes of the employment agreement, &#147;good reason&#148; is defined as any of the following, which has not been
expressly consented to by Mr.&nbsp;Scheub in writing: (i)&nbsp;assignment of duties by the CEO that are inconsistent with Mr.&nbsp;Scheub&#146;s position, authority, duties, or responsibilities as President of the Bank or Executive Vice
President&nbsp;&amp; Chief Revenue Officer of the Bancorp, or any other action by the Bank which results in a substantial diminution of such position, authority, duties, or responsibilities; (ii)&nbsp;a reduction of 10% or more in his then current
base salary, unless such reduction is required by law or regulation or is proportionate to a reduction in the base salary of all other executive officers of the Bank; or (iii)&nbsp;any substantial failure by the Bank to comply with any of the
provisions of the employment agreement; provided that, actions taken by the Bank under clause (i)&nbsp;above by reason of Mr.&nbsp;Scheub&#146;s inability to perform his responsibilities because of a physical or mental injury or disease will not be
deemed &#147;good reason;&#148; provided, further, that, the expiration of the term of the employment agreement, or the provision of a notice of <FONT STYLE="white-space:nowrap">non-renewal</FONT> of the term by either party will not constitute
&#147;good reason.&#148; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">24 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The employment agreement provides that in the event of
Mr.&nbsp;Scheub&#146;s discharge without cause or resignation for good reason is in connection with a &#147;change of control&#148; (as defined in the employment agreement), the severance payment as it relates to Mr.&nbsp;Scheub&#146;s annual bonus
will be the most recent annual bonus received by Mr.&nbsp;Scheub prior to the change of control, and the benefits continuation provision of the agreement will be those benefits that were provided to Mr.&nbsp;Scheub immediately prior to the change of
control; provided that, the foregoing provisions will not apply to the severance and benefits provisions above if the benefits Mr.&nbsp;Scheub would receive under those provisions would be greater without the application of the limitations described
in this paragraph. In addition, in the event of a Change of Control, the Bank is to pay to Mr.&nbsp;Scheub all future premiums on the life insurance policies on Mr.&nbsp;Scheub&#146;s life expected to become due before the end of the term of the
employment agreement, subject to the payments terms as set forth above. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">During a period of 18 months following his
termination of employment with either the Bancorp or the Bank, Mr.&nbsp;Scheub may not solicit or induce any employees, customers, or prospective customers of the Bank to leave the Bank. Mr.&nbsp;Scheub also has agreed, for a period of 18 months
following his date of termination, not to solicit, divert, or accept certain &#147;competitive business&#148; (as defined in the employment agreement) from certain customers and prospective customers of the Bank. In addition, Mr.&nbsp;Scheub is
subject to confidentiality provisions protecting the Bancorp&#146;s and Bank&#146;s confidential business information from unauthorized disclosure. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_31">
</A>Pay Versus Performance </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The following table presents information relating to total compensation reported and paid
to the Bancorp&#146;s principal executive officer, the average of total compensation reported and paid to the Bancorp&#146;s other Named Executive Officers, the Bancorp&#146;s total shareholder return (&#147;TSR&#148;), and the Bancorp&#146;s net
income for the year presented. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="21%"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:37pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:37pt"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:35pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:35pt"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:35pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:35pt"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:35pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:35pt"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:39pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:39pt"></TD>

<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD style="width:29pt"></TD>
<TD></TD>
<TD></TD>
<TD style="width:29pt"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:10pt; font-family:Times New Roman; " ALIGN="center"><B>&#8195;Year&#8195;</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Summary</B><br><B>Compensation</B><br><B>&#8194;Table&nbsp;Total&nbsp;for&#8194;</B><br><B>Principal</B><br><B>Executive</B><br><B>Officer&nbsp;
(PEO)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8194;Compensation&#8194;</B><br><B>Actually Paid</B><br><B>to PEO<SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Average</B><br><B>Summary</B><br><B>&#8194;Compensation&#8194;</B><br><B>Table&nbsp;Total</B><br><B><FONT STYLE="white-space:nowrap">for&nbsp;
Non-PEO</FONT></B><br><B>Named</B><br><B>Executive</B><br><B>Officers<SUP STYLE="font-size:75%; vertical-align:top">(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Average</B><br><B>&#8194;Compensation&#8194;</B><br><B>Actually&nbsp;Paid</B><br><B>to
<FONT STYLE="white-space:nowrap">Non-PEO</FONT></B><br><B>Named</B><br><B>Executive</B><br><B>Officers<SUP STYLE="font-size:75%; vertical-align:top">(1)(2)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Value&nbsp;of&nbsp;Initial</B><br><B>Fixed&nbsp;$100</B><br><B>Investment</B><br><B>Based
on</B><br><B>&#8194;Bancorp&#146;s&nbsp;Total&#8194;</B><br><B>Shareholder</B><br><B>Return&nbsp;(TSR)</B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="4" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8194;Net&nbsp;Income&#8194;</B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$468,536</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$427,264</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$273,273</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$251,770</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$72.62</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$8,380,000</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$551,482</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$502,837</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$332,648</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$305,999</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$81.60</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$15,080,000</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman" ALIGN="center">2021</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$649,568</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$687,697</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$356,673</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$379,922</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$127.08</TD>
<TD NOWRAP VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" >&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$14,963,000</TD>
<TD NOWRAP VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">The dollar amounts reported in these columns represent the amount of &#147;compensation actually paid&#148;
to Mr.&nbsp;Benjamin&nbsp;J. Bochnowski and the average of the other Named Executive Officers as a group, as computed in accordance with Item 402(v) of Regulation <FONT STYLE="white-space:nowrap">S-K.</FONT> Accordingly, these dollar amounts do not
reflect the actual amount of compensation earned by or paid to the Named Executive Officers during the applicable year. To calculate compensation actually paid (&#147;CAP&#148;), the following amounts were deducted from and added to Summary
Compensation Table (&#147;SCT&#148;) total compensation: </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:3%; font-size:9pt; font-family:Times New Roman" ALIGN="justify"><B>PEO SCT Total to CAP Reconciliation: </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="94%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:9pt; font-family:Times New Roman; "><B>&#8195;Year&#8195;</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Salary&#8195;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Non-Equity</FONT></B><br><B>&#8195;Incentive&nbsp;Plan&#8195;</B><br><B>Compensation</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;&#8195;All&nbsp;Other&#8195;&#8195;</B><br><B>Compensation<SUP STYLE="font-size:75%; vertical-align:top">(i)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>SCT</B><br><B>&#8195;&#8194;Total&#8195;&#8194;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Deductions&#8195;</B><br><B>from&nbsp;SCT</B><br><B>Total<SUP STYLE="font-size:75%; vertical-align:top">(ii)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Additions&#8195;</B><br><B>to&nbsp;SCT</B><br><B>Total<SUP STYLE="font-size:75%; vertical-align:top">(iii)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;&#8194;CAP&#8195;&#8194;</B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$444,298</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">&#150;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$24,238</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$468,536</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">&#150;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">($41,272)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$427,264</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$398,336</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">&#150;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$49,504</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$551,482</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$103,642</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$54,997</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$502,837</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center">2021</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$386,734</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$145,103</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$58,682</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$649,568</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$59,049</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$97,178</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$687,697</TD></TR>
</TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:3%; font-size:9pt; font-family:Times New Roman" ALIGN="justify"><B>Average <FONT STYLE="white-space:nowrap">Non-PEO</FONT> NEOs SCT Total to CAP Reconciliation:
</B></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="94%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" ALIGN="center">


<TR>

<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="6%"></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:9pt; font-family:Times New Roman; " ALIGN="center"><B>&#8195;Year&#8195;</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Salary&#8195;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B><FONT STYLE="white-space:nowrap">Non-Equity</FONT></B><br><B>&#8195;Incentive&nbsp;Plan&#8195;</B><br><B>Compensation</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;&#8195;All&nbsp;Other&#8195;&#8195;</B><br><B>Compensation<SUP STYLE="font-size:75%; vertical-align:top">(i)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>SCT</B><br><B>&#8195;&#8194;Total&#8195;&#8194;</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Deductions&#8195;</B><br><B>from SCT</B><br><B>Total<SUP STYLE="font-size:75%; vertical-align:top">(ii)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;Additions&#8195;</B><br><B>to SCT</B><br><B>Total<SUP STYLE="font-size:75%; vertical-align:top">(iii)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;&#8194;CAP&#8195;&#8194;</B></TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top" ALIGN="center">2023</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$239,812</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">&#150;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$25,751</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$273,273</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$7,710</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">($21,503)</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$251,770</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top" ALIGN="center">2022</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$241,709</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">&#150;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$32,253</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$332,648</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$58,686</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$32,037</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$305,922</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:9pt">
<TD VALIGN="top" ALIGN="center">2021</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$224,935</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$60,283</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$35,460</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$356,673</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$35,995</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$59,244</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$379,922</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(i)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Reflects &#147;All Other Compensation&#148; reported in the SCT for each year shown. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(ii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Represents the grant date fair value of equity-based awards granted each year and the incremental fair value
of any equity award that was modified during each year, if any. We did not report a change in pension value for any of the years reflected in this table; therefore, a deduction from SCT total related to pension value is not needed.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(iii)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman; " ALIGN="justify">Reflects the value of equity calculated in accordance with the SEC methodology set forth in Regulation <FONT
STYLE="white-space:nowrap">S-K</FONT> Item 402(v)(2)(iii)(C) and 402(v)(8) for determining CAP for each year shown. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">The <FONT STYLE="white-space:nowrap">non-principal</FONT> executive officer NEOs reflected in the tables
above represent the following individuals for each of the years shown: Peymon S. Torabi, Robert T. Lowry, Leane E. Cerven, and Todd M. Scheub. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Compensation Actually Paid and Total Shareholder Return (TSR) </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">While TSR is not a metric that is directly used in the Bancorp&#146;s compensation programs at this time, the amount of
compensation actually paid to Benjamin J. Bochnowski and the average amount of compensation actually paid to the other Named Executive Officers as a group are generally aligned with the Bancorp&#146;s TSR over the three years presented in the table.
This alignment exists primarily because (i)&nbsp;neither Benjamin J. Bochnowski nor the other Named Executive Officers earned <FONT STYLE="white-space:nowrap">non-equity</FONT> incentive plan compensation in 2022 and 2023; and (ii)&nbsp;a
significant portion of the total compensation earned by Benjamin J. Bochnowski and the other Named Executive Officers in 2022 and 2021 consisted of equity awards which have reduced in value. As further discussed in the section captioned
&#147;<I>2023 Executive Annual Incentive Plan</I>&#148; above, for 2023, Mr.&nbsp;Bochnowski had a target long-term equity incentive opportunity equal to 25% of base salary, and all of the other Named Executive Officers had a target long-term equity
incentive opportunity equal to 20% of base salary. For 2022, the Compensation and Benefits Committee set the target long-term equity incentive opportunity at 25% of base salary for Mr.&nbsp;Bochnowski and all of the other Named Executive Officers
had a target long-term equity incentive opportunity equal to 20%. Grants under the Executive Incentive Plan become fully vested three years from the grant date of the award. However, the Bancorp did not achieve the performance goals established by
the Compensation and Benefits Committee for 2022 under the Executive Incentive Plan, and therefore no cash bonus incentives were earned by or paid to Mr.&nbsp;Bochnowski or the other Named Executive Officers in 2023. No cash bonus incentives were
paid to Mr.&nbsp;Bochnowski or the other Named Executive Officers in 2022 as well. Moreover, based on 2022 financial results, the Bancorp&#146;s executive officers agreed not to receive any awards of restricted stock in 2023 under the Executive
Incentive Plan. The combination of these factors contributed to the reduced amounts of compensation actually paid to Mr.&nbsp;Bochnowski and the other Named Executive Officers over the three year period presented in the table, which aligns with the
reduction in the Bancorp&#146;s TSR over this same period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In addition, as our stock price and TSR declined from
December&nbsp;31, 2022 to December&nbsp;31, 2023, the value of the equity awards previously granted to our executive officers in prior years, and thus the compensation actually paid to them (as computed in accordance with Item 402(v) of Regulation <FONT
STYLE="white-space:nowrap">S-K),</FONT> also declined. In constructing the Bancorp&#146;s executive compensation program, the Bancorp intends to continue to seek alignment of the interests of management with the long-term interests of the
Bancorp&#146;s shareholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B><I>Compensation Actually Paid and Net Income </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The amount of compensation actually paid to Benjamin J. Bochnowski and the average amount of compensation actually paid to the
other Named Executive Officers decreased from 2022 to 2023, while net income also decreased over the same period. This was primarily the result of (i)&nbsp;neither Benjamin J. Bochnowski nor the other Named Executive Officers earning <FONT
STYLE="white-space:nowrap">non-equity</FONT> incentive plan compensation in 2022 and 2023; and (ii)&nbsp;a decline in the Bancorp&#146;s stock price from December&nbsp;31, 2022 to December&nbsp;31, 2023, as noted in &#147;<I>Compensation Actually
Paid and Total Shareholder Return (TSR)</I>&#148; above. In addition, as further discussed in the section captioned &#147;<I>2023 Executive Annual Incentive Plan</I>&#148; above, for the cash bonus component of the Executive Incentive Plan, the plan
uses a target bonus framework and provides for payouts at, above, or below target based on the Bancorp&#146;s results of return on assets, earnings per share growth, and efficiency ratio. Although net income may be positively impacted by all three
plan metrics, net income is not a metric that is directly used in the Bancorp&#146;s compensation programs at this time. The Bancorp did not achieve the performance goals established by the Compensation and Benefits Committee for 2022 under the
Executive Incentive Plan, and therefore no cash bonus incentives were earned by or paid to Mr.&nbsp;Bochnowski or the other Named Executive Officers in 2023. This contributed to the decline in compensation actually paid to Mr.&nbsp;Bochnowski and
the other Named Executive Officers for 2023 (as computed in accordance with Item 402(v) of Regulation <FONT STYLE="white-space:nowrap">S-K),</FONT> as both the equity compensation and <FONT STYLE="white-space:nowrap">non-equity</FONT> compensation
components of total compensation were sensitive to the decrease in stock price over the period presented in the table. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The amount of compensation actually paid to Benjamin J. Bochnowski and the
average amount of compensation actually paid to the other Named Executive Officers decreased from 2021 to 2022, while net income increased over the same period. This was primarily the result of the decline in the Bancorp&#146;s stock price from
December&nbsp;31, 2021 to December&nbsp;31, 2022, and, as noted in &#147;<I>Compensation Actually Paid and Total Shareholder Return (TSR)</I>&#148; above, a significant portion of the total compensation earned by Benjamin J. Bochnowski and the other
Named Executive Officers consists of equity awards. In addition, for the cash bonus component of the Executive Incentive Plan, the plan uses a target bonus framework and provides for payouts at, above, or below target based on the Bancorp&#146;s
results of return on assets, earnings per share growth, and efficiency ratio. Although net income may be positively impacted by all three plan metrics, net income is not a metric that is directly used in the Bancorp&#146;s compensation programs at
this time. For 2022, the Bancorp&#146;s executives agreed not to receive any performance-based cash incentive payout awards under the Executive Incentive Plan. This also contributed to the decline in compensation actually paid to Mr.&nbsp;Bochnowski
and the other Named Executive Officers for 2022 (as computed in accordance with Item 402(v) of Regulation <FONT STYLE="white-space:nowrap">S-K)</FONT> despite the increase in net income over the same time period, as both the equity compensation and <FONT
STYLE="white-space:nowrap">non-equity</FONT> compensation components of total compensation were sensitive to the decrease in stock price over the period presented in the table. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_32"></A>Compensation of Directors for 2023 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The following table provides information concerning the compensation paid to or earned by the members of the Bancorp&#146;s
Board of Directors (except for Mr.&nbsp;Benjamin Bochnowski, who does not receive director&#146;s fees) for their service as directors for 2023, whether or not deferred: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="94%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="57%"></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="bottom" NOWRAP STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><B>&#8201;Name<SUP STYLE="font-size:75%; vertical-align:top">(1)</SUP></B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Fees</B><br><B>Earned&nbsp;or</B><br><B>Paid&nbsp;in</B><br><B>Cash&nbsp;($)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Stock&nbsp;Awards</B><br><B>($)<SUP STYLE="font-size:75%; vertical-align:top">(2)(3)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="3" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>All&nbsp;Other</B><br><B>Compensation</B><br><B>($)<SUP STYLE="font-size:75%; vertical-align:top">(4)</SUP></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>&#8195;&#8195;Total&#8195;&#8195;</B><br><B>($)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;David A. Bochnowski<SUP STYLE="font-size:75%; vertical-align:top">(5)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$28,067</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$196,653</TD>
<TD NOWRAP VALIGN="bottom"><SUP STYLE="font-size:75%; vertical-align:top">(6)</SUP>&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$224,720&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Donald P. Fesko, O.D.,
FACHE<SUP STYLE="font-size:75%; vertical-align:top">(7)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$31,500</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$42,500&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Danette Garza, J.D., CPA<SUP STYLE="font-size:75%; vertical-align:top">(8)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$31,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$42,750&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Joel Gorelick</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$31,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$42,750&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Amy W. Han, Ph.D</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$29,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$40,750&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Robert E. Johnson, III</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$29,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$40,750&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Kenneth V. Krupinski</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$30,000</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$41,000&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Anthony M. Puntillo, D.D.S.,
M.S.D<SUP STYLE="font-size:75%; vertical-align:top">(9)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$41,750</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$21,450</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$74,200&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;James L. Wieser, J.D.<SUP STYLE="font-size:75%; vertical-align:top">(10)</SUP></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$28,708</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$17,119</TD>
<TD NOWRAP VALIGN="bottom">&#8194;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$56,827&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">&#8201;Robert W. Youman</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$28,750</TD>
<TD NOWRAP VALIGN="bottom">&#8194;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center">$11,000</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">&#150;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD>
<TD NOWRAP VALIGN="bottom" ALIGN="right">$39,750&#8194;</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
</TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Information on Mr.&nbsp;Benjamin Bochnowski, who is also a director, is included in the Summary Compensation
Table above. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">The amounts reflected in this column represent the aggregate grant date fair value of each stock award
calculated in accordance with FASB ASC Topic 718. For restricted stock awards, the grant date fair value is calculated by multiplying the number of shares by the closing price of the Bancorp&#146;s Common Stock on the grant date. Under the
Bancorp&#146;s Director Compensation Policy, each <FONT STYLE="white-space:nowrap">non-employee</FONT> director will receive an equity award of the Bancorp&#146;s Common Stock in an amount equal to approximately $11,000 for service provided during
the prior fiscal year. The number of shares to be granted to each <FONT STYLE="white-space:nowrap">non-employee</FONT> director is calculated by dividing $11,000 by the closing market price of the Bancorp&#146;s Common Stock on the date of grant,
which was $36.73 on February&nbsp;6, 2023. The Bancorp did not issue any fractional shares resulting from this calculation to the <FONT STYLE="white-space:nowrap">non-employee</FONT> directors. As a result, the Bancorp made awards under the 2015
Plan on February&nbsp;6, 2023 of 299 shares of Common Stock to each of the <FONT STYLE="white-space:nowrap">non-employee</FONT> directors, which were fully vested upon grant. See the table beginning on page 5 under the heading &#147;<I>Proposal 1
&#150; Election of Directors</I>&#148; and the footnotes to that table for information regarding the number of shares of Common Stock held by each current director as of March 22, 2024. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">As of December&nbsp;31, 2023, the following directors had unvested shares of restricted stock: Ms.&nbsp;Garza
&#150; 148 shares, Mr.&nbsp;Gorelick &#150; 296 shares, Dr.&nbsp;Han &#150; 247 shares, Mr.&nbsp;Johnson 173 shares, Mr.&nbsp;Krupinski &#150; 296 shares, Dr.&nbsp;Puntillo &#150; 253 shares, and Mr.&nbsp;Wieser &#150; 234 shares.
</P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">The total perquisites and other personal benefits for each of Mr.&nbsp;Fesko, Ms.&nbsp;Garza,
Mr.&nbsp;Gorelick, Dr.&nbsp;Han, Mr.&nbsp;Johnson, Mr.&nbsp;Krupinski and Mr.&nbsp;Youman amounted to less than $10,000. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Mr.&nbsp;David Bochnowski retired from the Board effective June&nbsp;30, 2023. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(6)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">This amount reflects (i) $77,646, representing the base salary earned by Mr.&nbsp;D. Bochnowski for 2023
pursuant to the terms of his employment agreement; (ii) $2,831, representing Split Dollar Plan Life Insurance benefits on the life of Mr.&nbsp;D. Bochnowski; (iii) $2,107, representing dividends paid on restricted stock awards to Mr.&nbsp;D.
Bochnowski; (iv) $10,153, </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="7%">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:9pt">
representing premiums paid by the Bank for term life insurance on Mr.&nbsp;D. Bochnowski&#146;s life pursuant to his employment agreement described above; (v) $70,641, representing auto expenses;
(vi) $711, representing phone expenses; and (viii) $23,594 as a retirement gift based on Mr.&nbsp;D. Bochnowski&#146;s years of service. Mr.&nbsp;D. Bochnowski elected the Bank&#146;s employee and spouse medical benefit. The Bank&#146;s paid portion
of the medical coverage in 2023 was $8,969, and is also reflected in the amount in this column for Mr.&nbsp;D. Bochnowski. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(7)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Mr.&nbsp;Fesko resigned from the Board effective December&nbsp;14, 2023. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(8)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Ms.&nbsp;Garza elected the Bank&#146;s single medical benefit effective July&nbsp;31, 2015. The Bank&#146;s
paid portion of the medical coverage in 2023 was $6,942. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(9)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Dr.&nbsp;Puntillo elected the Bank&#146;s family medical benefit effective May&nbsp;1, 2013. The Bank&#146;s
paid potion of the medical coverage in 2023 was $21,450. </P></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:9pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">(10)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:9pt; font-family:Times New Roman; " ALIGN="justify">Mr.&nbsp;Wieser elected the Bank&#146;s family medical benefit effective January&nbsp;1, 2016. The
Bank&#146;s paid portion of the medical coverage in 2023 was $17,119. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Compensation and Benefits
Committee is responsible for approving, subject to review by the Board of Directors as a whole, the compensation program for our <FONT STYLE="white-space:nowrap">non-employee</FONT> directors. In that function, the Compensation and Benefits
Committee considers market and peer company data regarding director compensation and evaluates the Bancorp&#146;s director compensation practices in light of that data and the characteristics of the Bancorp as a whole, with the assistance of its
independent compensation advisor. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In November of 2020, the Board, acting upon the recommendation of the Compensation and
Benefits Committee, approved the <FONT STYLE="white-space:nowrap">Non-Employee</FONT> Director Compensation Policy (the &#147;Director Compensation Policy&#148;), which was effective January&nbsp;1, 2021. On March&nbsp;16, 2022, the Board, acting
upon the recommendation of the Compensation and Benefits Committee, approved a revision to the Director Compensation Policy to, among other changes, provide for an annual cash retainer for the Lead Independent Director. Total cash fees paid to the <FONT
STYLE="white-space:nowrap">non-employee</FONT> directors for the year ended December&nbsp;31, 2023, were $283,708 in the aggregate. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Under the Director Compensation Policy, each <FONT STYLE="white-space:nowrap">non-employee</FONT> director receives an annual
cash retainer of $28,500 for the director&#146;s service on the Board. The Lead Independent Director receives an additional cash retainer of $12,000 for his or her service on the Board. Each <FONT STYLE="white-space:nowrap">non-employee</FONT>
director who serves as the chair of a committee receives an additional annual cash retainer as follows: Chair of the Risk Management and Compliance Committee &#150; $3,500; Chair of the Compensation and Benefits Committee &#150; $3,000; the Chairs
of all other Board committees &#150; $2,500. <FONT STYLE="white-space:nowrap">Each&nbsp;non-employee&nbsp;director&nbsp;may</FONT> elect to have all or a portion of his or her cash&nbsp;compensation deferred in accordance with the provisions of the
Bancorp&#146;s Amended Post 2004 Unfunded Deferred Compensation Plan for Directors. The Director Compensation Policy also provides that each <FONT STYLE="white-space:nowrap">non-employee</FONT> director may receive an equity award of the
Bancorp&#146;s Common Stock in an amount equal to approximately $11,000 for service provided during the prior fiscal year. If made, such awards will be granted in February of each year and vest immediately upon grant. All equity awards made pursuant
to the Director Compensation Policy are granted under the 2015 Plan. For 2024, the directors did not receive any equity awards. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Director Compensation Policy further provides that each <FONT STYLE="white-space:nowrap">non-employee</FONT> director is
entitled to participate in medical and vision health insurance coverage under the Bancorp&#146;s group health insurance plan on the same terms and conditions as those applicable to the Bancorp&#146;s employees. In addition, all costs and expenses
related to attendance at approved seminars/conferences (including travel and attendance by spouses) are reimbursable by the Bancorp. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_33">
</A>Post 2004 Unfunded Deferred Compensation Plan for the Directors of Peoples Bank </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Each director of the Bank may
elect on or before December&nbsp;31<SUP STYLE="font-size:75%; vertical-align:top">st</SUP> of any year to defer all or a portion of his or her annual director fees for succeeding calendar years. The rate of interest to be paid on deferred fees will
be equal to the <FONT STYLE="white-space:nowrap">2-year</FONT> U.S. Treasury Bill rate provided by Goldman Sachs in effect during the month in which the Bank determines or reviews the appropriate interest rate for the Plan. The interest rate will be
reset on the first business day of each month. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If a director of the Bank made an election to defer his or her fees any
time prior to May&nbsp;20, 2022 (a &#147;Legacy Participant&#148;), amounts deferred under the plan, together with accumulated interest, are distributed in ten annual installments over a nine year period, beginning with the first day of the calendar
year immediately following the year in which such individual ceases to be a director of the Bank. However, if a director of the Bank has never made an election to defer his or her fees under the plan before May&nbsp;20, 2022 (a &#147;New
Participant&#148;), such individual may elect to receive </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">28 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
his or her distribution in (1)&nbsp;a single lump sum on the first day of the calendar year following the year in which such individual ceases to be a director of the Bank; (2)&nbsp;five annual
installments over a four year period beginning with the first day of the calendar year immediately following the year in which such individual ceases to be a director of the Bank; or (3)&nbsp;ten annual installments over a nine year period beginning
with the first day of the calendar year immediately following the year in which such individual ceases to be a director of the Bank. If no distribution election is made, a New Participant will receive his or her deferred benefit in five annual
installments over a four year period, beginning with the first day of the calendar year immediately following the year in which such individual ceases to be a director of the Bank. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">A participant in the plan may elect a <FONT STYLE="white-space:nowrap">one-time</FONT> change to the form of benefit in
accordance with the Code and the following: (i)&nbsp;a Legacy Participant may elect to change his or her form of distribution to a single lump sum payment, and a New Participant may elect to change his or her form of distribution to any one of the
three forms in clauses (1)-(3) above; the election shall not be effective until at least twelve months after the date on which the election is made; and (iii)&nbsp;except for distributions due to death or a Change in Control (as defined in the
plan), no payment will be made earlier than five years from the first day of the calendar year following the year in which the plan participant ceased to be a director of the Bank. Notwithstanding the foregoing, the first annual benefit for any
director deemed a &#147;specified employee&#148; under applicable tax regulations may not be paid any earlier than six months after the director terminates his services. Upon the death of a director, the balance of any unpaid deferred fees and
interest will be paid in a lump sum to the director&#146;s designated beneficiary or estate. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The only director currently
deferring fees under this plan is James L. Wieser. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_34"></A>TRANSACTIONS WITH RELATED PERSONS </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bank follows a policy of offering to its directors, officers, and employees real estate mortgage loans secured by their
principal residence as well as other loans. Current law authorizes the Bank to make loans or extensions of credit to its executive officers, directors, and principal shareholders on the same terms that are available with respect to loans made to
persons who are not executive officers, directors, or principal shareholders of the Bank. At present, the Bank offers loans to its executive officers, directors, principal shareholders, and employees at interest rates that are generally available to
the public with substantially the same terms as those prevailing for comparable transactions. All loans to directors and executive officers must be approved in advance by a majority of the disinterested members of the Board. Loans to directors,
executive officers, and their associates totaled approximately $5.2&nbsp;million or 3.5%<B><I> </I></B>of the Bancorp&#146;s equity capital at December&nbsp;31, 2023. All such loans were made in the ordinary course of business, were made on
substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable loans with persons not related to the Bank, and did not involve more than normal risk of collectability or present other
unfavorable features. Except as otherwise described above, neither the Bancorp nor any of its subsidiaries entered into any transaction with any related person during the fiscal years ended December&nbsp;31, 2023 and 2022 that is required to be
disclosed pursuant to Regulation <FONT STYLE="white-space:nowrap">S-K,</FONT> Item 404. </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_35"></A>AUDIT COMMITTEE
REPORT </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We have reviewed and discussed with management the Bancorp&#146;s audited financial statements as of and for
the year ended December&nbsp;31, 2023. We have discussed with the Bancorp&#146;s independent registered public accounting firm, FORVIS, LLP, the matters required to be discussed by Auditing Standards No.&nbsp;1301, &#147;Communications with Audit
Committees,&#148; as adopted by the Public Company Accounting Oversight Board. We have also received and reviewed the written disclosures and the letter from FORVIS, LLP, required by the applicable requirements of the Public Company Accounting
Oversight Board for independent auditor communications with Audit Committees overseeing independence, and have discussed with the independent registered public accounting firm the auditors&#146; independence. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Based on the reviews and discussions referred to above, we recommended to the Board of Directors that the financial statements
referred to above be included in the Bancorp&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended December&nbsp;31, 2023. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We have also concluded that the provision by FORVIS, LLP of <FONT STYLE="white-space:nowrap">non-audit</FONT> related services
to the Bancorp and the Bank during 2023 is compatible with maintaining the auditors&#146; independence. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">This Report is respectfully submitted by the Audit Committee of the
Bancorp&#146;s Board of Directors. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>Audit Committee Members </U></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Robert W. Youman (Chair) </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Kenneth
V. Krupinski (Vice Chair) </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Danette Garza </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">Joel Gorelick </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_36">
</A>PROPOSAL 2 &#150; RATIFICATION OF APPOINTMENT OF INDEPENDENT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REGISTERED PUBLIC ACCOUNTING FIRM </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Audit Committee has engaged FORVIS, LLP (formerly BKD, LLP) (&#147;FORVIS&#148;), an independent registered public
accounting firm, to be its auditors for the year ending December&nbsp;31, 2024, subject to ratification by shareholders. FORVIS has served as our independent registered public accounting firm since 2021. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">FORVIS audited the Bancorp&#146;s financial statements for the year ended December&nbsp;31, 2023. A representative of FORVIS
is expected to be present at the Annual Meeting, will have the opportunity to make a statement if he or she so desires, and will be available to respond to appropriate questions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_37"></A>Required Shareholder Approval </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For the appointment of FORVIS as the Bancorp&#146;s auditors for the fiscal year ending December&nbsp;31, 2024, to be
ratified, more votes must be cast by holders of shares of the Bancorp&#146;s Common Stock in favor of the proposal than are cast against it. Abstentions and <FONT STYLE="white-space:nowrap">broker&nbsp;non-votes&nbsp;will</FONT> not be included in
the vote count and will have no effect on the outcome of the proposal. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_38"></A>Recommendation of the Board of Directors </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B>The Board unanimously recommends that shareholders vote &#147;FOR&#148; ratification of the appointment of FORVIS as the
Bancorp&#146;s independent registered public accounting firm. Proxies solicited by the Board will be so voted unless shareholders specify otherwise on their proxy cards. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_39"></A>INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM&#146;S SERVICES AND FEES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp incurred the following fees for services performed by FORVIS&nbsp;in the fiscal years ended December&nbsp;31, 2023
and 2022: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_40"></A>Audit Fees </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Fees for professional services provided in connection with the audit of the Bancorp&#146;s annual financial statements and
review of financial statements included in the Bancorp&#146;s Forms <FONT STYLE="white-space:nowrap">10-Q</FONT> were $531,864 for 2023 and $455,029 for 2022. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_41"></A>Audit Related Fees </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">There were no fees for audit-related services paid to FORVIS in fiscal years 2023 or 2022. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_42"></A>Tax Fees </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">There were no tax fees paid to FORVIS in fiscal years 2023 or 2022. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_43"></A>All Other Fees </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">No fees were paid in fiscal years 2023 or 2022 for other permissible services that do not fall within the above categories,
including regulatory accounting and reporting compliance. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_44"></A>Preapproval Policy </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Audit Committee&#146;s policy is to preapprove all audit and permissible <FONT STYLE="white-space:nowrap">non-audit</FONT>
services provided by the independent auditor that exceed $30,000. These services may include audit services, audit related services, tax services, and other services. Preapproval is generally provided for up to one year and any preapproval is
detailed as to the particular service or category of services and is generally subject to a specific budget. The independent auditor and management are required to periodically report to the Audit Committee regarding the extent of services provided
by the independent auditor in accordance with this preapproval, and the fees for the services performed to date. The Risk Management and Audit Committee may also preapprove particular services on a case by case basis. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For fiscal year 2023, preapproved <FONT STYLE="white-space:nowrap">non-audit</FONT> services included only those services
described above for &#147;Audit-Related Fees,&#148; &#147;Tax Fees,&#148; and &#147;All Other Fees.&#148; </P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_45"></A>PROPOSAL 3 &#150; ADVISORY VOTE ON COMPENSATION OF </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>OUR NAMED EXECUTIVE OFFICERS </B></P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_46">
</A>Background </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">As required under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the
&#147;Dodd-Frank Act&#148;), our Board of Directors is submitting a &#147;Say on Pay&#148; proposal for shareholder consideration. While the vote on executive compensation is <FONT STYLE="white-space:nowrap">non-binding</FONT> and solely advisory in
nature, our Board of Directors and the Compensation and Benefits Committee will take into account the outcome of the vote when considering future executive compensation arrangements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In addition to the Say on Pay proposal for the approval of the compensation of the Bancorp&#146;s Named Executive Officers,
the Dodd-Frank Act also requires the Bancorp to separately seek, once every six years, shareholder approval of how often the Bancorp will seek advisory approval of the Named Executive Officers&#146; compensation (referred to as the frequency vote).
The Dodd-Frank Act requires that the Bancorp present every one, two, or three years, or abstain, as voting alternatives for shareholders with respect to the frequency vote. As set forth in Proposal 4 below, this year our shareholders have the right
to cast an advisory frequency vote. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><I>Objectives of Executive Compensation Program</I>. The objectives of the
Compensation and Benefits Committee with respect to executive compensation are the following: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify">Ensure that compensation is appropriate for the Bancorp in light of all relevant circumstances and provides
incentives that further the Bancorp&#146;s long-term strategic objectives; </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify">Ensure that compensation is consistent with the culture of the Bancorp and the overall goal of enhancing
shareholder value; </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify">Ensure that the Bancorp&#146;s cash compensation and equity and
<FONT STYLE="white-space:nowrap">non-equity</FONT> incentive compensation structures do not encourage excessive risk-taking and that risks are appropriately mitigated by effective controls and oversight; </P></TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify">Ensure the attraction and retention of key management personnel and motivate management to achieve the
Bancorp&#146;s corporate goals and strategies; and </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="justify">Align the interests of management with the long-term interests of the Bancorp&#146;s shareholders.
</P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For the past three years, the Bancorp has been profitable, demonstrating sustained profitability
despite pressure on the banking sector. For the twelve months ended December&nbsp;31, 2021, the Bancorp reported net income of $15.0&nbsp;million, representing $4.30 in earnings per basic and diluted share. Net income decreased by $969&nbsp;thousand
or 6.1% from the twelve months ended December&nbsp;31, 2020. The slight decrease in 2021 earnings related to higher <FONT STYLE="white-space:nowrap">non-interest</FONT> expense, partially relating to <FONT STYLE="white-space:nowrap">one-time</FONT>
acquisition expenses as part of the Royal Financial, Inc. acquisition, and lower <FONT STYLE="white-space:nowrap">non-interest</FONT> income due to significant refinancing activity in the prior year as a result of the economic and rate environment,
which resulted in more loans originated and sold in 2020. For the twelve months ended December </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
31, 2022, the Bancorp reported net income of $15.0&nbsp;million, representing $3.61 in earnings per basic and $3.60 in earnings per diluted share.&nbsp;Net income increased by $117&nbsp;thousand
or 0.8% from the twelve months ended December&nbsp;31, 2021.&nbsp;The slight increase in 2022 earnings related to the increase in interest-earning assets acquired from the acquisition of Royal, organic loan growth, and the overall improvement to the
net interest margin during the year. For the twelve months ended December&nbsp;31, 2023, the Bancorp reported net income of $8.4&nbsp;million, representing $1.96 in earnings per basic and diluted share. Net income decreased by $6.7&nbsp;million or
44.4% from the twelve months ended December&nbsp;31, 2022. The decrease in 2023 earnings was primarily due to lower net interest income, an increase in the provision for credit losses and a decrease in noninterest income, which were partially offset
by a decrease in noninterest expenses and a decrease in income tax expense. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Compensation and Benefits Committee has
adopted a balanced approach to executive compensation, consistent with best practices, the Bancorp&#146;s performance and strategic goals, and the interests of shareholders. The Bancorp&#146;s executive compensation practices are responsibly
governed by the Compensation and Benefits Committee, which is comprised of independent directors, and by direct Board oversight. The Compensation and Benefits Committee took several actions to align executive compensation with shareholder interests,
including the following: </P> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">In January of 2023, the Board, acting upon the recommendation of Benjamin J. Bochnowski, the President and
Chief Executive Officer of the Bancorp, and the Compensation and Benefits Committee, and after reviewing the Bancorp&#146;s 2022 performance, agreed to increase the base salaries of executive management by 2%. However, no cash incentives were earned
by or paid to the Bancorp&#146;s executive officers in 2022 under the Executive Incentive Plan. This reflects management&#146;s ongoing commitment to tying their compensation to the Bancorp&#146;s performance, and to reflect the fact the Bancorp did
not achieve the performance goals established by the Compensation and Benefits Committee for 2022. </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">In January of 2024, the Board, acting upon the recommendation of Benjamin J. Bochnowski, the President and
Chief Executive Officer of the Bancorp, and the Compensation and Benefits Committee, and after reviewing the Bancorp&#146;s 2023 performance, agreed to increase the base salaries of executive management by 2.5%. However, no cash incentives were
earned by or paid to the Bancorp&#146;s executive officers in 2023 under the Executive Incentive Plan. This decision continues to reflect management&#146;s ongoing commitment to tying executive management compensation to the Bancorp&#146;s
performance, and to reflect the fact the Bancorp did not achieve the performance goals established by the Compensation and Benefits Committee for 2023. </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">In January of 2023, the Board, acting upon the recommendation of Benjamin J. Bochnowski, the President and
Chief Executive Officer of the Bancorp, and the Compensation and Benefits Committee, and after reviewing the Bancorp&#146;s 2022 performance, agreed not to increase the base salary of Benjamin J. Bochnowski. </P></TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">In January of 2024, the Board, acting upon the recommendation of the Compensation and Benefits Committee, and
after reviewing the Bancorp&#146;s 2023 performance, agreed to provide Benjamin J. Bochnowski with a 2.5% <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">cost-of-living</FONT></FONT> adjustment, but did not otherwise increase
Mr.&nbsp;Bochnowski&#146;s base salary. </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Compensation and Benefits Committee reviews the compensation of the Bancorp&#146;s President and Chief
Executive Officer and his direct reports annually. The Compensation and Benefits Committee Charter authorizes the hiring by the committee members of independent advisors, including attorneys, to assist the Committee in carrying out its
responsibilities. To further align the executives&#146; interests with those of the Bancorp&#146;s shareholders and the long-term business objectives of the Bancorp, the Compensation and Benefits Committee retained the services of Meridian in June
of 2023 to assist it with the assessment of the Bancorp&#146;s executive compensation plans. </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Bancorp manages its long-term incentive stock awards program responsibly and conservatively. Under the
Executive Incentive Plan, restricted stock awards in the form of common equity with a three year vesting period align management&#146;s interests with those of the Bancorp&#146;s shareholders. For 2023, the Compensation and Benefits Committee set
the target long-term equity incentive opportunity at 25% </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">32 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">
of base salary for the Chief Executive Officer and 20% of base salary for the Bancorp&#146;s other executive officers. Grants under the Executive Incentive Plan become fully vested three years
from the grant date of the award.&#8195; </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Based on 2022 financial results, the Bancorp&#146;s executive officers agreed not to receive any awards of
restricted stock in 2023 under the Executive Incentive Plan. In February 2024, the Board approved restricted stock awards to the Bancorp&#146;s executive officers, which represented a reduced level of award compared to previous years, to reinforce
the alignment of executive performance to the long-term results of the Bancorp. In this regard, the Bancorp made awards under the Executive Incentive Plan on February&nbsp;2, 2024 of 1,815, 937, and 1,017 shares of restricted stock with a three-year
vest to Messrs. Bochnowski, Lowry, and Scheub, respectively. </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">No incentive stock options have been granted to any executive officer since 2009. </P></TD></TR></TABLE>
<P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">The Bancorp&#146;s insider trading policy prohibits hedging transactions by its directors, officers, and
employees, and the Bancorp&#146;s Executive Incentive Plan contains a &#147;clawback&#148; provision that requires executives to reimburse amounts received under the Plan in the event the Bancorp is required to prepare an accounting restatement
within three years of payout. </P></TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="5%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:SYMBOL; font-size:9pt" COLOR="#000000">&#183;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Under the Dodd&#150;Frank Act, the SEC was required to adopt a rule directing national securities exchanges to
establish listing standards which provide that companies listed on a national securities exchange must adopt a policy providing for the recovery of incentive-based compensation in the event of an accounting restatement based on erroneous data. Under
such a policy, compensation would be recovered, or &#147;clawed back,&#148; from any current or former executive officer of the company who received the incentive-based compensation during the three fiscal years preceding the date on which the
company is required to prepare the restatement. The amount to be recovered would be the excess of the amount that would have been paid to the executive officer under the restatement. On November&nbsp;17, 2023, the Bancorp adopted a compensation
recovery policy that incorporates the requirements of Section&nbsp;10D of the Securities Exchange Act of 1934, as amended, and Nasdaq Listing Rule 5608, as mandated by the Dodd-Frank Act. </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Over this period, the Bancorp has been able to retain key executives who believe in the long-term prospects of the Bancorp and
are willing to tie their compensation to achieving the performance goals established by the Compensation and Benefits Committee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Board of Directors believes the Bancorp&#146;s compensation programs are well tailored to recruit and retain key
executives and drive shareholder value. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Please review this proxy statement and consider the following proposal: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:5%; margin-right:9%; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">&#147;RESOLVED, that the Bancorp&#146;s shareholders approve, on a <FONT
STYLE="white-space:nowrap">non-binding</FONT> advisory basis, the compensation of the Named Executive Officers, as disclosed in the Bancorp&#146;s Proxy Statement for the 2024 Annual Meeting of Shareholders, including the compensation set forth or
described in the 2023 Summary Compensation Table and the other related tables and disclosures.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_47"></A>Required Shareholder
Approval </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">For <FONT STYLE="white-space:nowrap">the&nbsp;non-binding&nbsp;advisory</FONT> resolution relating to the
compensation of the Bancorp&#146;s Named Executive Officers to be approved, more votes must be cast by the holders of shares of the Bancorp&#146;s Common Stock in favor of the proposal than are cast against it. Abstentions and <FONT
STYLE="white-space:nowrap">broker&nbsp;non-votes&nbsp;will</FONT> not be included in the vote count and will have no effect on the outcome of the proposal. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">33 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_48"></A>Recommendation of the Board of Directors </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B>The Board unanimously recommends that shareholders vote &#147;FOR&#148; the approval of
<FONT STYLE="white-space:nowrap">the&nbsp;non-binding&nbsp;advisory</FONT> resolution approving the compensation of the Bancorp&#146;s Named Executive Officers. Proxies solicited by the Board will be so voted unless shareholders specify otherwise on
their proxy cards. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_49"></A>PROPOSAL 4 &#150; ADVISORY VOTE ON THE FREQUENCY OF SHAREHOLDER </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ADVISORY VOTES ON COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_50"></A>Background </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">In addition to <FONT STYLE="white-space:nowrap">the&nbsp;non-binding&nbsp;shareholder</FONT> advisory vote on the compensation
of the Bancorp&#146;s Named Executive Officers, the Dodd-Frank Act also requires the Bancorp to seek, once every six years, shareholder approval of how often the Bancorp will seek advisory approval of the Named Executive Officers&#146; compensation.
<FONT STYLE="white-space:nowrap">This&nbsp;non-binding&nbsp;advisory</FONT> vote is commonly referred to as <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">a&nbsp;&#147;say-on-frequency&#148;&nbsp;vote.</FONT></FONT> The Dodd-Frank
Act requires that the Bancorp present every one, two, or three years, or abstain, as voting alternatives for shareholders. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">After careful consideration, the Board has determined that
<FONT STYLE="white-space:nowrap">a&nbsp;non-binding&nbsp;advisory</FONT> vote on Named Executive Officer compensation that occurs annually is the most appropriate, and the Board recommends that shareholders vote for the approval of this interval.
The Board believes that holding a vote every year is the most appropriate option because (i)&nbsp;it would enable our shareholders to provide us with input regarding the compensation of our Named Executive Officers on an annual basis; and
(ii)&nbsp;it would encourage continued engagement with our shareholders to obtain their input on our corporate governance matters and our executive compensation philosophy, policies, and practices. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Shareholders are not voting to approve or disapprove the recommendation of our Board. Instead, shareholders may cast a vote on
their preferred voting frequency by choosing any of the following four options with respect to this proposal: &#147;one year,&#148; &#147;two years,&#148; &#147;three years,&#148; or &#147;abstain.&#148; For the reasons discussed above, we are
asking our shareholders to vote for a frequency of &#147;one year.&#148; The option that receives the most votes cast at the Annual Meeting will be considered by the Board in determining the preferred frequency with which we will hold a shareholder
vote to approve the compensation of our Named Executive Officers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Your vote on this proposal will be advisory <FONT
STYLE="white-space:nowrap">and&nbsp;non-binding&nbsp;on</FONT> the Bancorp, the Board, and the Compensation and Benefits Committee. However, the Board and Compensation and Benefits Committee, which is responsible for designing and administering our
executive compensation program, value the opinions expressed by shareholders in their vote on this proposal and will consider the option that receives the most votes in determining the frequency of future votes on the compensation of our Named
Executive Officers. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B><A NAME="rom782486_51"></A>Recommendation of the Board of Directors </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify"><B>The Board recommends that shareholders vote for a <FONT STYLE="white-space:nowrap">non-binding</FONT> advisory vote on the
compensation of our Named Executive Officers be held every &#147;ONE YEAR.&#148; </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_52"></A>DELINQUENT
SECTION&nbsp;16 REPORTS </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Section&nbsp;16(a) of the Securities Exchange Act of 1934 requires the Bancorp&#146;s
directors and executive officers, and owners of more than 10&nbsp;percent of the Bancorp&#146;s Common Stock, to file with the Securities and Exchange Commission initial reports of ownership and reports of changes in ownership of Common Stock and
other equity securities of the Bancorp. To the Bancorp&#146;s knowledge, based solely on a review of filings made with the Securities and Exchange Commission and written representations from directors and officers that no other reports are required
for the year ended December&nbsp;31, 2023, all of the Bancorp&#146;s executive officers, directors and 10&nbsp;percent shareholders complied with the requirements of Section&nbsp;16(a) in a timely manner during 2023, except for the following late
Form 4 filings: (i)&nbsp;two Form 4s filed on behalf of David A. Bochnowski on January&nbsp;26 and May&nbsp;4, 2023 involving one transaction each that occurred during January and February 2023, respectively; (ii)&nbsp;a Form 4 filed on behalf of
Robert W. Youman on February&nbsp;24, 2023 involving one transaction that occurred during February 2023; (iii) a Form 4 filed on behalf of Benjamin J. Bochnowski on May&nbsp;2, 2023 involving one transaction that occurred during February 2023;
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">34 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
(iv) one Form 4 filed on behalf of Amy W. Han on May&nbsp;3, 2023 involving one transaction that occurred during February 2023; (v) a Form 4 filed on behalf of Leane E. Cerven on May&nbsp;9, 2023
involving one transaction that occurred during February 2023; (vi) a Form 4 filed on behalf of Peymon Torabi on May&nbsp;18, 2023 involving one transaction that occurred during February 2023; (vii) a Form 4 filed on behalf of Robert T. Lowry on
May&nbsp;18, 2023 involving one transaction that occurred during February 2023; (viii) a Form 4 filed on behalf of Donald P. Fesko on March&nbsp;21, 2024 involving one transaction that occurred during February 2023; (ix) a Form 4 filed on behalf of
Danette Garza on March&nbsp;21, 2024 involving one transaction that occurred during February 2023; (x) a Form 4 filed on behalf of Joel Gorelick on March&nbsp;21, 2024 involving one transaction that occurred during February 2023; (xi) a Form 4 filed
on behalf of Robert E. Johnson, III on March&nbsp;21, 2024 involving one transaction that occurred during February 2023; (xii) a Form 4 filed on behalf of Kenneth V. Krupinski on March&nbsp;21, 2024 involving one transaction that occurred during
February 2023; (xiii) a Form 4 filed on behalf of Anthony M. Puntillo on March&nbsp;21, 2024 involving one transaction that occurred during February 2023; and (xiv)&nbsp;a Form 4 filed on behalf of James L. Wieser on March&nbsp;21, 2024 involving
one transaction that occurred during February 2023. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_53"></A>SHAREHOLDER PROPOSALS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If a shareholder wishes to submit a proposal for consideration at the 2025 Annual Meeting of the Bancorp&#146;s Shareholders
and wants that proposal included in the proxy statement and form of proxy relating to that meeting, the shareholder must deliver written notice of the proposal to the Secretary of the Bancorp at 9204 Columbia Avenue, Munster, Indiana 46321, and the
notice must be received at this address no later than December&nbsp;2, 2024 (which is 120 calendar days before the corresponding date in 2025 that the Bancorp&#146;s proxy statement was released to shareholders in connection with the 2024 Annual
Meeting of the Bancorp&#146;s Shareholders). Any such proposal will be subject to the requirements of the proxy rules under the Exchange Act and, as with any shareholder proposal (regardless of whether included in the Bancorp&#146;s proxy
materials), the Bancorp&#146;s articles of incorporation, <FONT STYLE="white-space:nowrap">by-laws</FONT> and Indiana law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If a shareholder wishes to submit a proposal for consideration at the 2025 Annual Meeting of Shareholders, or if shareholder
wishes to nominate a candidate for election to the Board, but not for inclusion in the Bancorp&#146;s proxy statement and form of proxy, the Bancorp&#146;s <FONT STYLE="white-space:nowrap">By-Laws</FONT> require the shareholder to provide the
Bancorp with written notice of such proposal or nomination no less than 90 days, nor more than 120 days, prior to the first anniversary of the 2024 Annual Meeting (in the event that the date of the 2025 Annual Meeting of Shareholders is advanced by
more than 30 days or delayed by more than 30 days after such anniversary date, the shareholder must provide the Bancorp with written notice of such proposal or recommendation no less than 90 days, nor more than 120 days, prior to the meeting date
or, if later, the 10<SUP STYLE="font-size:75%; vertical-align:top">th</SUP> day following the first public announcement of the date of the 2025 Annual Meeting of Shareholders). Such notice must be sent to the Corporate Secretary of the Bancorp at
9204 Columbia Avenue, Munster, Indiana 46321. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Shareholders who wish to recommend a director candidate should submit the
candidate&#146;s name and background information in writing to the Bancorp&#146;s Corporate Secretary at 9204 Columbia Avenue, Munster, Indiana 46321. Nominating shareholders and director nominees must satisfy the requirements set forth in our <FONT
STYLE="white-space:nowrap">By-Laws</FONT> (including the additional information required by Rule <FONT STYLE="white-space:nowrap">14a-19</FONT> under the Exchange Act). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_54"></A>HOUSEHOLDING </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We have adopted a procedure approved by the SEC called &#147;householding&#148; for those registered shareholders who consent
to this procedure by either checking &#147;Yes&#148; in the &#147;householding election&#148; on the proxy card that accompanies this mailing or by notifying us at the address or phone number below. If you consent to this procedure, multiple
shareholders who share the same address who consent to &#147;householding&#148; will receive only one copy of the Bancorp&#146;s annual report and proxy statement (&#147;Proxy Materials&#148;), but each shareholder will continue to receive a
separate proxy card. We have undertaken householding to reduce our printing costs and postage fees. Householding also is environmentally friendly and creates less paper for participating shareholders to manage. If you are a beneficial holder, you
can request information about householding from your broker, bank or other nominee. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">If you have consented to
householding, you will receive or continue to receive a single copy of the Proxy Materials for future meetings. However, if you decide you would prefer to receive again multiple copies of the Proxy Materials, upon your request, we will promptly
provide you with additional copies. You may elect to receive multiple </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">35 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">
copies for a specific meeting or <FONT STYLE="white-space:nowrap">opt-out</FONT> of householding for all future meetings. Requests to receive multiple copies of the Proxy Materials can be made at
any time prior to thirty days before the mailing of Proxy Materials in March of each year. You may request multiple copies by notifying us in writing to the Bancorp at 9204 Columbia Avenue, Munster, Indiana 46321, Attention: Shareholder Services, or
by telephone at (219) <FONT STYLE="white-space:nowrap">836-4400.</FONT> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="rom782486_55"></A>OTHER MATTERS </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Management is not aware of any business to come before the Annual Meeting other than those described in the proxy statement.
However, if any other matters should properly come before the Annual Meeting, the proxies solicited by this proxy statement will be voted with respect to those other matters in accordance with the judgment of the persons voting the proxies. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">The Bancorp will bear the cost of the solicitation of proxies. The Bancorp will reimburse brokerage firms and other
custodians, nominees and fiduciaries for the reasonable expenses they incur in sending proxy material to the beneficial owners of the Common Stock. In addition to solicitation by mail, directors, officers, and employees of the Bancorp may solicit
proxies personally or by telephone without additional compensation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman" ALIGN="justify">We urge each shareholder to complete, date and sign
the proxy and return it promptly in the enclosed envelope, or to vote by following the related internet or telephone voting instructions. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="50%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="99%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">By Order of the Board of Directors</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:1pt" ALIGN="justify">


<IMG SRC="g782486sp2a.jpg" ALT="LOGO">
</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">David J. Kwait</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">Senior Vice President, Chief Risk Officer, General Counsel and Secretary</P></TD></TR>
</TABLE></DIV> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">March&nbsp;29, 2024 </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">36 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
<DIV STYLE="position:relative;float:left; width:48%;padding-right:0%;padding-bottom:8pt;overflow:visible;padding-top:3pt">
 <P STYLE="margin-top:42pt; margin-bottom:0pt; margin-left:10pt; font-size:5pt; font-family:ARIAL" ALIGN="justify"><I>FINWARD BANCORP </I></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10pt; font-size:5pt; font-family:ARIAL" ALIGN="justify"><I>C/O BROADRIDGE CORPORATE ISSUER SOLUTIONS </I></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10pt; font-size:5pt; font-family:ARIAL" ALIGN="justify"><I>P.O. BOX 1342 </I></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:10pt; font-size:5pt; font-family:ARIAL" ALIGN="justify"><I>BRENTWOOD, NY 11717-0718
</I></P></DIV><DIV STYLE="position:relative;float:left; margin-left:3%; width:49%;padding-right:0%;padding-bottom:8pt;overflow:visible;padding-top:3pt">
 <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="justify">&#8194;


<IMG SRC="g782486g11r17.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:10pt; margin-bottom:0pt; font-size:6pt; font-family:ARIAL" ALIGN="justify"><B>VOTE BY INTERNET </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify"><I>Before The Meeting</I> - Go to <B><U>www.proxyvote.com</U> or scan the QR Barcode above</B> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify">Use the Internet to transmit your voting instructions and for electronic delivery of information up until 11:59 p.m. Eastern Time on
May&nbsp;23, 2024. Have your proxy card in hand when you access the web site and follow the instructions to obtain your records and to create an electronic voting instruction form. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify"><I>During The Meeting</I> - Go to <B><U>www.virtualshareholdermeeting.com/FNWD2024</U></B> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify">You may attend the meeting via the Internet and vote during the meeting. Have the information that is printed in the box marked by the
arrow available and follow the instructions. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify"><B>VOTE BY PHONE - <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT
STYLE="white-space:nowrap">1-800-690-6903</FONT></FONT></FONT> </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify">Use any touch-tone telephone to transmit your voting
instructions up until 11:59 p.m. Eastern Time on May&nbsp;23, 2024. Have your proxy card in hand when you call and then follow the instructions. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify"><B>VOTE BY MAIL </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; margin-right:24pt; font-size:6pt; font-family:ARIAL" ALIGN="justify">Mark, sign and date your proxy card and return it in the postage-paid envelope we have provided or return it to Vote Processing, c/o
Broadridge, 51 Mercedes Way, Edgewood, NY 11717. </P></div><div style="clear:both; height:0pt; font-size:0pt">&nbsp;</div>
 <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:80pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="justify">TO VOTE, MARK BLOCKS BELOW IN BLUE
OR BLACK INK AS FOLLOWS: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>

<TD WIDTH="33%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="34%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="right">V41841-P06442&#8195;&#8195;&#8195;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">KEEP THIS PORTION FOR YOUR RECORDS</TD></TR></TABLE>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;
 </P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="28%"></TD></TR>

<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP ALIGN="center"><FONT STYLE="font-family:Times New Roman; font-size:8pt"><B>THIS PROXY CARD IS VALID ONLY WHEN SIGNED AND DATED.</B></FONT></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">DETACH&nbsp;AND&nbsp;RETURN&nbsp;THIS&nbsp;PORTION&nbsp;ONLY</TD></TR>
</TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><div style="max-width:100%;margin-left:0%; margin-right:0%;border:solid 1.50pt;border-radius:5pt; background-color:;;padding-top:2pt;padding-bottom:3pt">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="98%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt" ALIGN="center">


<TR>

<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="2%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="6%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="27%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="5%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="1%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:2pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="justify"><B>FINWARD BANCORP</B> <B></B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>For</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>Withhold</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="center"><B>For&nbsp;All</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>&#8196;</B></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="2"> <P STYLE="font-size:2pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:2pt; margin-bottom:1pt; font-size:7pt; font-family:ARIAL" ALIGN="justify">To&nbsp;withhold&nbsp;authority&nbsp;to&nbsp;vote&nbsp;for&nbsp;any&nbsp;individual
nominee(s),&nbsp;mark&nbsp;"For&nbsp;All&nbsp;Except"&nbsp;and&nbsp;write&nbsp;the number(s) of the nominee(s) on the line below.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:10pt">
<TD VALIGN="top"> <P STYLE="font-size:1pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:1pt; margin-bottom:1pt; margin-left:1.00em; font-size:7pt; font-family:ARIAL"><B>The Board of Directors recommends you vote FOR the
following:</B></P></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="2"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>All</B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></P></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="2"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>All</B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></P></TD>
<TD VALIGN="bottom" ROWSPAN="2">&nbsp;</TD>
<TD VALIGN="top" ROWSPAN="2"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="center"><B>Except</B></P> <P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt" align="left">&nbsp;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-TOP:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1.50pt solid #000000; BORDER-RIGHT:1.50pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">&#8195;</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:ARIAL" ALIGN="justify">&#8195;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:12pt">
<TD VALIGN="bottom"> <P STYLE="font-size:1pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:1pt; margin-bottom:1pt; margin-left:3.00em; text-indent:-2.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">1.&#8195;&#8202;Election of Directors</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify"><B>Nominees:</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD>
<TD HEIGHT="5" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-2.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">&#8194;01)&#8195;Anthony M. Puntillo</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:5.00em; text-indent:-2.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">&#8194;02)&#8195;James L. Wieser</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="19" COLSPAN="13"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="2"></TD>
<TD HEIGHT="19" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top" COLSPAN="13"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify"><B>The Board of Directors recommends you vote FOR proposals 2 and 3.</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>For</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>Against</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><B>Abstain</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="13"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:12pt">
<TD VALIGN="top" COLSPAN="13"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-2.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">2.&#8195;&#8202;Proposal to ratify the appointment of FORVIS, LLP as independent
registered public accounting firm for the fiscal year ending December 31, 2024.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="13"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:12pt">
<TD VALIGN="top" COLSPAN="13"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-2.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">3.&#8195;&#8202;To approve, on a non-binding advisory basis, the executive
compensation of the named executive officers included in the proxy statement for the Annual Meeting.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="10" COLSPAN="11"></TD>
<TD HEIGHT="10" COLSPAN="2"></TD>
<TD HEIGHT="10" COLSPAN="2"></TD>
<TD HEIGHT="10" COLSPAN="2"></TD>
<TD HEIGHT="10" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top" COLSPAN="11"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify"><B>The Board of Directors recommends you vote 1 YEAR on the following proposal:</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>1&nbsp;Year</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>2&nbsp;Years</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>3&nbsp;Years</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><B>Abstain</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13" COLSPAN="11"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:12pt">
<TD VALIGN="top" COLSPAN="11"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:3.00em; text-indent:-2.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">4.&#8195;&#8202;To approve, on a non-binding advisory basis, the frequency of
the shareholder vote on the executive compensation of the named executive officers.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><FONT STYLE="font-family:Times New Roman">&#9744;</FONT></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="13" COLSPAN="13"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD>
<TD HEIGHT="13" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top" COLSPAN="13"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify"><B>NOTE: </B>Such other business as may properly come before the meeting or any adjournment
thereof.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="108" COLSPAN="9"></TD>
<TD HEIGHT="108" COLSPAN="2"></TD>
<TD HEIGHT="108" COLSPAN="2"></TD>
<TD HEIGHT="108" COLSPAN="2"></TD>
<TD HEIGHT="108" COLSPAN="2"></TD>
<TD HEIGHT="108" COLSPAN="2"></TD>
<TD HEIGHT="108" COLSPAN="2"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top" COLSPAN="9"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; font-size:7pt; font-family:ARIAL" ALIGN="justify">Please sign exactly as your name(s) appear(s) hereon. When signing as attorney, executor,
administrator, or other fiduciary, please give full title as such. Joint owners should each sign personally. All holders must sign. If a corporation or partnership, please sign in full corporate or partnership name by authorized officer.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="96%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:22pt" ALIGN="center">


<TR>

<TD WIDTH="24%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="16%"></TD></TR>

<TR STYLE="font-size:1px; font-family:ARIAL; font-size:22pt">
<TD VALIGN="top" STYLE="BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000; padding-left:8pt">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:22pt">&#8195;&#8195;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="bottom" STYLE=" BORDER-LEFT:1px solid #000000; BORDER-TOP:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000">&nbsp;</TD>
<TD VALIGN="top" STYLE="BORDER-TOP:1px solid #000000; BORDER-RIGHT:1px solid #000000; BORDER-BOTTOM:1.50pt solid #000000"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:22pt">&#8195;&#8195;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:ARIAL; font-size:7pt">
<TD VALIGN="top"> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:7pt">Signature [PLEASE SIGN WITHIN BOX]</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:-0.71em; font-size:7pt; font-family:ARIAL" ALIGN="justify">Date</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:7pt">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:-0.71em; font-size:7pt; font-family:ARIAL" ALIGN="justify">Signature (Joint Owners)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:-0.71em; font-size:7pt; font-family:ARIAL" ALIGN="justify">Date</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" NOWRAP> <P ALIGN="justify" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:ARIAL; font-size:7pt">&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;&#8195;</P></TD></TR>
</TABLE> </div>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:140pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting: </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">The Notice and Proxy Statement, 2023 Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> of Finward Bancorp, and form of proxy </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:ARIAL" ALIGN="center">for the Annual Meeting are available at www.proxyvote.com. </P>
<P STYLE="margin-top:140pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="justify">&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;&#8201;&#151;
 </P> <P STYLE="margin-top:1pt; margin-bottom:0pt; font-size:7pt; font-family:ARIAL" ALIGN="right">V41842-P06442&#8195;&#8195; </P>
<P STYLE="font-size:2pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><div style="max-width:100%;margin-left:0%; margin-right:0%;border:solid 1.50pt;border-radius:5pt; background-color:;;padding-top:2pt;padding-bottom:3pt">
<P STYLE="font-size:16pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; padding-top:16pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><B>FINWARD BANCORP </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><B>Annual Meeting of Shareholders </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><B>May&nbsp;24,
2024 9:00 AM, CDT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:ARIAL" ALIGN="center"><B>This proxy is solicited by the Board of Directors </B></P>
<P STYLE="margin-top:10pt; margin-bottom:0pt; margin-left:2%; margin-right:2%; font-size:10pt; font-family:ARIAL" ALIGN="justify">The shareholder(s) hereby appoint(s) Robert T. Lowry and David J. Kwait, and each of them, as proxies, with full power
of substitution in each, and hereby authorize(s) them to represent and to vote, as designated on the reverse side of this proxy, all of the shares of Common Stock of FINWARD BANCORP that the shareholder(s) is/are entitled to vote at the Annual
Meeting of Shareholders to be held virtually at www.virtualshareholdermeeting.com/FNWD2024 at 9:00 AM, CDT, on Friday, May&nbsp;24, 2024, and at any adjournment or postponement thereof. <B>This proxy, when properly executed, will be voted in the
manner directed herein. If no such direction is made, this proxy will be voted FOR the election of all nominees for Director, FOR Proposals 2 and 3, and FOR every &#147;1 Year&#148; on Proposal 4, and according to the judgment of the proxy with
respect to any other matter that may be properly brought before the Annual Meeting.</B> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:2%; margin-right:2%; font-size:10pt; font-family:ARIAL" ALIGN="justify">The Notice of Annual
Meeting of Shareholders and Proxy Statement, 2023 Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> of Finward Bancorp, and form of proxy for the Annual Meeting are also available, without charge, at www.ibankpeoples.com, or from
the SEC&#146;s Website at www.sec.gov. You also may request a copy of these materials, without charge, at www.proxyvote.com. Please make your request no later than May&nbsp;10, 2024 to facilitate timely delivery. If you do not request materials
pursuant to the foregoing procedures, you will not otherwise receive an <FONT STYLE="white-space:nowrap">e-mail</FONT> or electronic copy of the materials. </P>
<P STYLE="margin-top:60pt; margin-bottom:0pt; padding-bottom:16pt; font-size:10pt; font-family:ARIAL" ALIGN="center"><B>Continued and to be signed on reverse side </B></P></div>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g782486g0328011208033.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011208033.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  W .8# 2(  A$! Q$!_\0
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MMF8?:)9)%)V@\@ 5:U:P%WJ6DVA@#VL9=I%)&,!< 444 M1NE69T;6[JTCA
ML[@>;$XQE#W4]\>E16FB6VH:GJESJ-L)-UQMB#-_"!C/!_G110!T<4,4$2Q0
..QJD:C"JHP!1112&?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g782486g0328011208377.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011208377.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "% &H# 2(  A$! Q$!_\0
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KG\3*CLBQ<\0VZCH<FHQTHHJ2CI_ DA37I$'1X#G\"*]%R:**RGN7'8__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g782486g0328011208603.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011208603.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !\ &H# 2(  A$! Q$!_\0
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'GRM["N?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>g782486g0328011208721.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011208721.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" ", %T# 2(  A$! Q$!_\0
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M<DUH>2SKD]*KM'@T,P/7)'$-JO3"C.:SKK4Y[@+!N:),<*#][TS4FI,\P6%
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MUWGE1T/M4Q"C:=P.X9.1@C';U/:JLT0C_?%1N##WX[Y'7N: +IQN[X' W#/
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M++G.3N. 33(,K<JFYBNQ#@GN6V_R-%]1&Y"S$ #KW[&K]M,]L1<1OLER=K'
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F^#FI+.;[;8(\L<8+AB=J],,>AZ]ZK2P;G.))%Q_=.*3T#7H?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g782486g0328011208844.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011208844.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !Z %T# 2(  A$! Q$!_\0
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'_A31+9__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g782486g0328011209087.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011209087.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" ", %T# 2(  A$! Q$!_\0
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/OBM/<2BYKIAI$R;U/__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g782486g0328011209213.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011209213.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !J &H# 2(  A$! Q$!_\0
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:7<:=IUC'IEHB6=NJK"@51$H &!QTI,21_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g782486g0328011209334.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g0328011209334.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !U &H# 2(  A$! Q$!_\0
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MG4C45T<%6C*E*TBHH5$^8_-Z4!F+Y4<D8Y[U-)&N>!Q41DV=",CL:U,B81R
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M<KU)JBJB0K&%^\V*X/X@_$6S\.6DNCZ'+YVK,A269#\MK^/=_;MWJ).P&/\
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M2GS"I&'!/M5>W;#/&>JG%6R/E-)#(%Y)]A3A^[;_ &".?8^M-Z,:E'4].E(
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)$"8Z444(#__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>g782486g11r17.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486g11r17.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_X1#N17AI9@  34T *@    @ ! $[  (
M   ,   (2H=I  0    !   (5IR=  $    8   0SNH<  <   @,    /@
M   <Z@    @
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M                                                 %)O:&ET($1O
M<V%D   %D ,  @   !0  !"DD 0  @   !0  !"XDI$  @    ,W-P  DI(
M @    ,W-P  ZAP !P  " P   B8     !SJ    "
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
M
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M*BHJ*BHJ*O_  !$( $( ^P,!(@ "$0$#$0'_Q  ?   !!0$! 0$! 0
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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MFM2^*4>*RU4S>5>%"0$ED$BOQU'&TXZ'Z4#.HDB^.F@PB_FOM*U]% 9[&.-
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M >FT5A>%_&>A^,+,SZ'>K*Z<2VS_ "30GIAT/(Y[]/0UNT >9VW_ "<U>?\
M8O+_ .C5KTRO,[;_ ).:O/\ L7E_]&K7IE !1110!Y?X:_Y.&\3_ /8-C_\
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M()5$))(V*<<,O7UK"OI=+L/CLMRA7Q+=W.J(4BQ>0W=CEOX3Q$\:^^<CT&:
M/HFN,U3X1>!-8O&NKWP[;^:Q)8P220 D]21&RC/X5S?QSU"5-/T?385@0R7#
MW9EOY EG((D)\F3=PQ;/"G&2*G^'DEEXY^%EUX;NX)EM+:$6+M=SA[DMMR6:
M,?ZL*WW,DY"]L4 >@:-H.E>'K'['H>GP6-OG)2% NX^I/4GW-:%>#Z59>,?$
M$>H&ZC/]I>"]/ET^PQ@F>\(.)AGC/E!,>Y!S6';?\(]]CT?_ (0#^U_^%B>9
M%]J\W[1YF<CS?.W?)L^G;&: /I2BO"I?A=X/_P"%ZQZ!_9'_ !+'T,WC0?:9
MN9O.*[MV_=TXQG'M7(^(3I,?QHUXZM_8HVZC%L_M+[;O P,^7]G^7_OOOCWH
M ^HZ\]\"?\E2^(?_ %]6G_HDUZ%7G/@RXAM?B5\1I[J6.&&.YM&>21@JJ/)/
M))X% 'HU9FO^)-(\+Z:U_KU_#90+T,C?,Y]%4<L?8 UQ=U\1M2\37LFF?##3
M1J+*VR;6;L%+. ^QZN1[?J*O>'_AC:6FIKK?BR]E\2:Z>?M-X!Y4)](XONJ!
MV_3% '&7>@:I\4/%-KKWA_26\(6EN^X:W(&CO+P9[1J0,>[9[8.,BO9[2&2W
MLXH9KB2ZDC0*T\H4-(0/O$* ,GV %2T4 >%^-?'-IX ^/D^J7UI-=1RZ,D 2
M$@$$OG//^[5C_AIK0O\ H ZC_P!]I_C5OXI_!C4O'?BR/6-,U.UME^S+"\5P
MK9!4GD$ ]C^E<7_PS-XB_P"@WIGY2?\ Q- ]#T67XSRP>&D\02^"]872I "M
MR7CP0>AQG./?&*P_^&FM"_Z .H_]]I_C6A>> ?B)>^ 4\)3:UH/V-8UB,PBE
M\UD'12<8[=<9KAO^&9O$7_0;TS\I/_B:!'4?"GQ3;^,OC%X@UFSMY;>*;3D
MCE(+#$@]*]MKRSX2?"6^^'NJ7]]J6HV]T]S"(42W5L ;LDDG'H*]3H ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "O-Y_@]9:OXW
MU;7/$-_/<V5].DJZ7$[)"Q10%:3GYCP>.,9ZG->D44 0VEG;6%G%:V-O%;6\
M2[8X84"(@] !P*FHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
H@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>g782486sp14.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486sp14.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MY@Z+Y*?X4O9Q[#N44\:^)#)M;5@H_P"N$?\ \31[./85QZ>-_$ ;!U4N,_\
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M:VAE42MSN/%>C0^ \3%:U+DSQK$NTKM/\ZW.4J/%'OR5YH ]9^&(5?#-P%&
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M)A;J,PM_>7E?\16JJ)[D.-C=+QRVHG1PX)PI!X(K2]Q'L'PA.?"EW_U^O_Z
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MI6HZ/X(O;?4["YLIFU!W$=S$T;%?+C&<,!QD'GVI,#U"D 4 % !0 4 % !0
+4 % !0 4 % '_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>g782486sp2a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g782486sp2a.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MLLO6+3(=@_ZZ/U_\='ZT ='0 4 0Q7=O/-+#%/&\D) D56!*$],CM0!-0 4
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M[($_N^KGV% %S2-#@TG0UTZ-B^5/F2'[SN?O,?<F@##LO K!88-4UBXO[&W
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!V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
