Five Star Bancorp approves new LTIP with $200K combined PSU/RSU awards for two executive officers

FIVE STAR BANCORP

PSUs and RSUs each $100K for both Chief Banking Officer Rizzo and CFO Luck, grant expected May 1, 2025.
PSUs vest based on 3-year avg ROA vs Western Region bank peer group; threshold 60th percentile (50% payout), target 70th (100%), max 80th+ (150%).
RSUs vest in equal annual installments over five years from grant date, subject to continued employment.
Awards issued under Five Star Bancorp 2021 Equity Incentive Plan; program designed to align executives with shareholder interests.

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