WSFS Financial (WSFS) Proxy filing summary

Executive summary

• The annual meeting will be held virtually on May 14, 2026, with stockholders of record as of March 20, 2026, eligible to vote on key proposals, including director elections, executive compensation, and auditor ratification.

• 2025 saw strong financial performance: EPS rose 15% to $5.09, tangible book value per share increased 21% to $33.11, and net income reached $287.3M. The company returned $324.7M to stockholders and maintained a CET1 ratio of 13.92%.

• Strategic focus remains on scalable business growth, client relationship deepening, and capital return, supported by a diversified business model and disciplined expense management.

Voting matters and shareholder proposals

• Proposal 1: Election of three directors for three-year terms; cumulative voting is permitted.

• Proposal 2: Advisory (non-binding) vote on executive compensation for named executive officers.

• Proposal 3: Ratification of KPMG LLP as independent registered public accounting firm for 2026.

• Board recommends voting FOR all proposals.

Board of directors and corporate governance

• Board consists of 12 members (reducing to 11 after the meeting), divided into three classes with staggered three-year terms.

• Majority of directors are independent; annual board self-evaluations and third-party assessments every three years.

• Lead Independent Director role is required when Chairman and CEO roles are combined.

• Board refreshment emphasizes a balance of tenures and diverse skills, with a third-party consultant assisting in director nominations.

• Directors are expected to attend at least 75% of meetings; all met this requirement in 2025.