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Webster President & CEO John Ciulla Appointed Chair of American Bankers Association American Bankers Council

By Webster Bank

Webster Financial Corporation President & CEO John Ciulla has been appointed chair of the American Bankers Association (ABA) American Bankers Council for the 2022-23 membership year. Earlier this month, he was elected to a three-year term on the ABA board of directors during the associationÕs annual meeting Oct. 2-4 in Austin, Texas.

The American Bankers Council (ABC) is ABAÕs banker-driven peer group for midsize bank chief executives. The council provides feedback and direction to ABA on key regulatory and legislative issues critical to midsize banks.

Ciulla, one of six new board members, joins ABA President and CEO Rob Nichols and the associationÕs 15 current board members. He will serve a three-year term.

“I am honored to chair the ABC group and represent Webster as a board member for the ABA, whose commitment to its member institutions reflects a set of values that align closely with ours,” Ciulla said. “I look forward to working with my fellow midsize bank CEOs to identify the major policy issues and opportunities facing us in the year ahead. Banks of all sizes are essential to our countryÕs economy, and our efforts will help ensure that we have a policy environment that will allow ABC members and the industry to meet the needs of our customers and communities going forward.”

“We appreciate JohnÕs willingness to represent midsize banks from across the country while also providing his perspective and leadership on ABAÕs Board of Directors,” said Nichols, ABA president and CEO.” JohnÕs tremendous banking knowledge and experience make him an ideal choice to represent this critically important industry segment.”

Ciulla joined Webster in 2004 as senior vice president for Middle Market Banking and has held several executive management positions with increasing responsibility, including chief credit risk officer from 2008 to 2010. He became Webster CEO in 2018 and was elected chairman in January 2020. He served as WebsterÕs chairman, president and CEO until the bankÕs merger with Sterling National Bancorp.

Ciulla serves on the Mid-Size Bank Coalition of AmericaÕs executive committee, and most recently served on the Federal Reserve SystemÕs Federal Advisory Council as a representative for Boston-First District. He also serves on the board of the Connecticut Business and Industry Association

About Webster

Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the countryÕs largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $69.1 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including our latest annual report, please visit our About page. To find our latest press releases, visit the Webster Newsroom.

About Webster

Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $76 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

Contact Information

Media Contact:

Alice Ferreira

STAMFORD, CT

203-578-2610

Investor Contact:

Emlen Harmon

[email protected]

212-309-7646

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