NBT Bancorp (NBTB) investor relations material

Opening remarks and agenda

• Meeting called to order at 11:00 A.M. on May 19, 2026, with all directors and executive management present.

• Agenda included election of 12 directors, Say-on-Pay proposal, and ratification of KPMG as auditors.

• Shareholders were invited to vote and submit questions via the virtual platform.

Board and executive committee updates

• Twelve directors were nominated for election, with several new members joining since 2020, including appointments in 2023, 2024, and 2025.

• Amy Wiles, Chief Credit and Risk Officer, will retire in June and serve as strategic advisor through year-end, recognized for over a decade of service and 40+ years in banking.

• Tara Trafton appointed Chief Credit Officer; Joseph Sergienko named Chief Risk Officer, both bringing extensive experience.

Financial performance review

• 2025 operating net income reached $194.5 million, with EPS of $3.82, supported by Evans Bancorp merger and record fee-based business performance.

• Reported net income for 2025 was $169.2 million, with reported EPS of $3.33.

• Loans grew 16.9% to $11.6 billion; deposits rose 16.3% to $13.5 billion.

• Non-interest income comprised 28% of total revenue, with fee-based business revenues up 8% year-over-year.

• Q1 2026 net income was $51.1 million, EPS $0.98, with record retirement plan administration revenue and a net interest margin of 3.72%.

• Five-year stock performance exceeded peer group and KBW Nasdaq Regional Banking Index.