Washington Trust Bancorp approves Divisional Growth Incentive Plan for four senior officers

WASHINGTON TRUST BANCORP INC

Plan covers Chief Commercial Banking, Retail Banking, Wealth Management, and Retail Lending Officers.
Payouts range from 0% to 150% of target based on loan growth, deposit funding, asset quality, and revenue.
Metrics may include deposits, loans, assets under management, net earnings, revenues, and credit quality.
Payments considered awards under the 2022 Long Term Incentive Plan and subject to clawback policy.
Plan effective January 1, 2026; Committee retains discretion to modify parameters or goals.

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