Provident Financial Services (PFS) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on April 24, 2025, to elect four directors, approve executive compensation on an advisory basis, and ratify KPMG LLP as the independent auditor for 2025.

• The board consists of 14 members, with a strong focus on diversity, independence (79% independent), and recent refreshment due to the Lakeland merger.

• The company emphasizes sound corporate governance, sustainability, and ethical conduct, with robust oversight by the board and its committees.

Voting matters and shareholder proposals

• Shareholders will vote on the election of four directors for three-year terms, an advisory vote on executive compensation, and ratification of KPMG LLP as auditor.

• The board recommends voting in favor of all proposals.

• Shareholders may submit proposals for the 2026 meeting by November 16, 2025, and must follow advance notice procedures.

Board of directors and corporate governance

• The board is divided into three classes, with annual elections for one class; five new directors joined from Lakeland in 2024.

• Committees include Audit, Compensation and Human Capital, Finance, Governance/Nominating, Enterprise Risk, and Technology, all with independent chairs and members.

• Annual board and committee evaluations are conducted, and a majority voting policy is in place for uncontested director elections.

• Stockholder engagement is ongoing, with outreach to major institutional holders.