Ponce Financial Group shareholders approve 2023 LTIP; CEO reports CDFI strength and resilience in banking crisis

Proposal III – To approve the Ponce Financial Group, Inc. 2023 Long-Term Incentive Plan (the "2023 Plan"). Broker For Against Abstain Non-Vote 11,195,388 4,692,281 56,035 3,613,333

Proposal IV – Approval, on an advisory and non-binding basis, of the compensation of named executive officers. Broker For Against Abstain Non-Vote 11,210,757 4,661,374 71,573 3,613,333

Proposal II – Ratification of the appointment of Mazars USA LLP as Ponce Financial Group, Inc.’s independent registered public accounting firm for the year ending December 31, 2022. For Against Abstain 18,669,471 818,957 68,609 There were no broker non-votes.

Proposal V – Non-binding basis, advisory vote on the future advisory votes on executive compensation. Broker 1 Year 2 Year 3 Year Abstain Non-Vote 14,369,691 26,978 1,283,288 263,747 3,613,333

Ponce Financial Group, Inc. (NASDAQ: PDLB), the holding company for Ponce Bank held its annual stockholder meeting on June 15, 2023 (the “Annual Meeting”). The business conducted at the Annual Meeting consisted of (a) the election of three directors for a term expiring in 2026, (b) the ratification of the appointment of Mazars USA LLP as independent registered public accounting firm for the year ending December 31, 2023, (c) the approval of the 2023 Plan, (d) approval, on an advisory and non-biding basis, of the compensation of the named executive officers and (e) non-binding, advisory vote on the frequency of future advisory votes on executive.