Pioneer Bancorp adopts new executive incentive plan with balanced scorecard; max payout 150% of target

Pioneer Bancorp, Inc./MD

Plan covers CEO and other executives designated by Compensation Committee; uses annual balanced scorecard with financial, operational, non-financial metrics.
Payout levels: Threshold (50% of target), Target (100%), Maximum (150%); below threshold earns $0.
Awards paid in cash by March 15 following Plan Year; subject to clawback policy.
Plan effective as of January 1 each year; adopted December 16, 2025.
Termination due to death, disability, or retirement at 65+ yields pro-rated award; other termination forfeits award.

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