Eastern Bankshares, Inc. — fact timeline

Eastern Bankshares, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year 2026 at the 2026-05-18 meeting.

“Ratification of the Appointment of Ernst & Young LLP . By the vote reported below, the shareholders ratified the appointment of Ernst & Young LLP by the Audit Committee of the Company’s Board of Directors as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”

Eastern Bankshares, Inc. shareholders approved Advisory vote on named executive officer compensation at the 2026-05-18 meeting.

“Advisory Vote on Named Executive Officer Compensation . By the vote reported below, the shareholders approved, on an advisory basis, the compensation paid to the named executive officers of the Company, as set forth in the Company’s Proxy Statement: Votes For Votes Against Abstentions Broker Non-Votes 172,945,389 8,801,346 1,244,798 21,797,754”

Eastern Bankshares, Inc. shareholders approved Election of six directors for a one-year term expiring in 2027 at the 2026-05-18 meeting.

“On May 18, 2026, Eastern Bankshares, Inc. (the “Company”) held its 2026 annual meeting of shareholders (the “Annual Meeting”), at which the shareholders of the Company considered and acted upon three proposals: (1) to elect six directors for a one-year term expiring in 2027; (2) to hold an advisory vote on executive compensation; and (3) to ratify the appointment of Ernst & Young LLP by the Audit Committee of the Board of Directors as the Company’s independent registered public accounting firm for the Company’s 2026 fiscal year.”

Eastern Bankshares, Inc. reported the quarter ended March 31, 2026 results: net income Net income of $ 65.3 million, or $0.29 per diluted share, EPS $0.29 per diluted share.

“2026 EARNINGS RELEASE Document Exhibit 99.1 Eastern Bankshares, Inc. Reports First Quarter 2026 Financial Results Announces 15% Increase to Quarterly Dividend • Net income of $ 65.3 million, or $0.29 per diluted share, included non-operating merger-related costs; operating net income o f $ 88.6 million, or $0.40 per diluted share. • Return on average assets of 0.86%”

Eastern Bankshares, Inc. completed an acquisition involving HarborOne Bancorp, Inc. for Merger Consideration consisting of 0.765 shares of Eastern common stock per share of HarborOne common stock (Stock Consideration) or $12.00 per share in cash (C (closed 2025-11-01).

“(“Eastern”), the holding company for Eastern Bank, completed its acquisition of HarborOne Bancorp, Inc. (“HarborOne”) and its subsidiaries, including HarborOne Bank and HarborOne Mortgage, LLC (“HarborOne Mortgage”).”

Eastern Bankshares, Inc. completed an acquisition involving HarborOne Bancorp, Inc. for 0.765 shares of Eastern common stock per share of HarborOne common stock, and cash in lieu of any fractional share; or $12.00 per share in cash (closed 2025-11-01).

“(“Eastern”), the holding company for Eastern Bank, completed its acquisition of HarborOne Bancorp, Inc. (“HarborOne”) and its subsidiaries, including HarborOne Bank and HarborOne Mortgage, LLC (“HarborOne Mortgage”).”

Joseph F. Casey was appointed as Director at Eastern Bankshares, Inc..

“Upon and subject to the completion of the Merger, Joseph F. Casey, HarborOne’s President and Chief Executive Officer, and one other current member of the HarborOne board of directors will join the respective Boards of Directors of the Company and Eastern Bank.”

Paul D. Spiess resigned as Director at Eastern Bankshares, Inc..

“Effective December 31, 2024, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), accepted letters of resignation from Paul M. Connolly and Paul D. Spiess, who resigned from their positions both as members of the Board and as members of the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank in accordance with the mandatory age limitations for members of the Board set forth in the Company’s Corporate Governance Guidelines.”

Paul M. Connolly resigned as Director at Eastern Bankshares, Inc..

“Effective December 31, 2024, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), accepted letters of resignation from Paul M. Connolly and Paul D. Spiess, who resigned from their positions both as members of the Board and as members of the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank in accordance with the mandatory age limitations for members of the Board set forth in the Company’s Corporate Governance Guidelines.”

Eastern Bankshares, Inc. completed an acquisition involving Cambridge Bancorp for 4.956 shares of common stock, par value $0.01 per share, of the Company (closed 2024-07-12).

“(the “Company”), Cambridge Bancorp (“Cambridge”), Citadel MS 2023, Inc. (“Merger Sub”), Cambridge Trust Company (“Cambridge Trust”) and Eastern Bank (“Eastern Bank”).”

R. David Rosato was appointed as Chief Financial Officer at Eastern Bankshares, Inc..

“On July 15, 2024, the Company announced the appointment of R. David Rosato as its Chief Financial Officer. Mr. Rosato is expected to commence his role with the Company effective August 1, 2024.”

James B. Fitzgerald changed role as Chief Financial Officer at Eastern Bankshares, Inc..

“James B. Fitzgerald, the principal financial officer of the Company, notified the Company’s Chief Executive Officer and the Audit Committee of its Board of Directors on April 24, 2024, that he planned to transition from his roles as Chief Financial Officer, Chief Administrative Officer and Treasurer of the Company effective upon the appointment and commencement of employment of his successor.”

Andargachew S. Zelleke was appointed as Director at Eastern Bankshares, Inc..

“appointed each of Leon A. Palandjian, Cathleen A. Schmidt, Denis K. Sheahan, and Andargachew S. Zelleke as directors”

Denis K. Sheahan was appointed as Chief Executive Officer at Eastern Bankshares, Inc..

“Mr. Sheahan, the current Chairman, President, and Chief Executive Officer of Cambridge, additionally will serve as Chief Executive Officer of the Company effective upon and subject to the closing of the Merger.”

Cathleen A. Schmidt was appointed as Director at Eastern Bankshares, Inc..

“appointed each of Leon A. Palandjian, Cathleen A. Schmidt, Denis K. Sheahan, and Andargachew S. Zelleke as directors”

Leon A. Palandjian was appointed as Director at Eastern Bankshares, Inc..

“appointed each of Leon A. Palandjian, Cathleen A. Schmidt, Denis K. Sheahan, and Andargachew S. Zelleke as directors”

Eastern Bankshares, Inc. shareholders approved Ratification of the Appointment of Ernst & Young LLP at the 2024-05-13 meeting.

“3. Ratification of the Appointment of Ernst & Young LLP . By the vote reported below, the shareholders ratified the appointment of Ernst & Young LLP by the Audit Committee of the Company’s Board of Directors as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. There were no broker non-votes on this matter. Votes For Votes Against Abstentions 149,047,506 2,973,052 648,805”

Eastern Bankshares, Inc. shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2024-05-13 meeting.

“2. Advisory Vote on Named Executive Officer Compensation . By the vote reported below, the shareholders approved, on an advisory basis, the compensation paid to the named executive officers of the Company, as set forth in the Company’s Proxy Statement: Votes For Votes Against Abstentions Broker Non-Votes 115,076,749 19,563,938 1,229,020 16,799,656”

Eastern Bankshares, Inc. shareholders approved Election of Directors at the 2024-05-13 meeting.

“1. Election of Directors . By the vote reported below, the shareholders elected the following five nominees to serve as directors of the Company for a term to end at the Company’s 2027 annual meeting of shareholders: Nominee Votes For Votes Against Abstentions Broker Non-Votes Richard C. Bane 129,868,978 5,448,980 551,749 16,799,656 Joseph T. Chung 132,044,661 3,238,657 586,389 16,799,656 Paul M. Connolly 131,710,396 3,437,844 721,467 16,799,656 Bari A. Harlam 131,697,706 3,463,882 708,119 16,799,656 Marisa J. Harney 132,755,741 2,418,556 695,410 16,799,656”

Eastern Bankshares, Inc. reported first quarter of 2024 results: net income $38.6 million, EPS $0.24 per diluted share.

“Net income of $38.6 million, or $0.24 per diluted share.”

James B. Fitzgerald departed as Chief Financial Officer, Chief Administrative Officer, Treasurer at Eastern Bankshares, Inc..

“James B. Fitzgerald, the Company’s principal financial officer, notified the Company’s Chief Executive Officer and the Audit Committee of its Board of Directors on April 24, 2024 that he would be retiring from his roles as Chief Financial Officer, Chief Administrative Officer and Treasurer of the Company and as Chief Financial Officer, Chief Administrative Officer and Vice Chair of Eastern Bank once his successor is identified and appointed Chief Financial Officer and begins employment with Eastern.”

Eastern Bankshares, Inc. shareholders approved Eastern Adjournment Proposal at the 2024-02-28 meeting.

“Proposal 2: Eastern Adjournment Proposal At the Special Meeting, shareholders authorized the postponement or adjournment of the Special Meeting, if necessary, to permit further solicitation of proxies or to provide amended or supplemental materials, by the vote set forth below: Votes For Votes Against Abstentions 120,432,353 18,885,880 184,979”

Eastern Bankshares, Inc. shareholders approved Eastern Share Issuance Proposal at the 2024-02-28 meeting.

“Proposal 1: Eastern Share Issuance Proposal At the Special Meeting, shareholders authorized the issuance of shares of Company common stock to Cambridge shareholders by the vote set forth below: Votes For Votes Against Abstentions 121,423,622 17,842,916 236,674”

Eastern Bankshares, Inc. reported Q4 2023 results: net income $318.5 million, or $1.95 per diluted share, EPS $1.95 per diluted share.

“Eastern Bankshares, Inc. Reports Fourth Quarter 2023 Financial Results”

Eastern Bankshares, Inc. completed a disposition involving Arthur J. Gallagher Risk Management Services, LLC for approximately $511 million in cash (closed 2023-10-31).

“set forth in the Asset Purchase Agreement dated September 19, 2023 (the “APA”), at the closing of the transaction, AJG paid an aggregate purchase price of approximately $511 million in cash consideration, subject to customary post-closing working capital adjustments. In a Current Report on Form 8-K dated September 19, 2023, the Company previously reported”

Linda M. Williams was appointed as Director at Eastern Bankshares, Inc..

“On October 26, 2023, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”) appointed Marisa J. Harney and Linda M. Williams as directors of the Company, effective immediately.”

Marisa J. Harney was appointed as Director at Eastern Bankshares, Inc..

“On October 26, 2023, the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”) appointed Marisa J. Harney and Linda M. Williams as directors of the Company, effective immediately.”

Eastern Bankshares, Inc. reported the quarter ended September 30, 2023 results: net income $59.1 million, EPS $0.36 per diluted share.

“Net income of $59.1 million, or $0.36 per diluted share, compared to net income of $48.7 million, or $0.30 per diluted share, for the prior quarter.”

Quincy Miller changed role as Vice Chair, President, and Chief Operating Officer at Eastern Bankshares, Inc..

“Upon and subject to the completion of the Merger, Quincy Miller, the current President of the Company and Eastern Bank, will be promoted to Vice Chair, President, and Chief Operating Officer of the Company and Eastern Bank.”

Denis Sheahan was appointed as Chief Executive Officer at Eastern Bankshares, Inc..

“Upon and subject to the completion of the Merger, Mr. Sheahan, Chairman, President and Chief Executive Officer of Cambridge, will become the Chief Executive Officer of the Company and will join the Company’s Board of Directors.”

Robert F. Rivers was appointed as Executive Chair at Eastern Bankshares, Inc..

“Upon and subject to the closing of the Merger (as defined in Item 1.01 of this Form 8-K), Robert F. Rivers, the Company’s Chief Executive Officer and Chair of the Board of Directors, will become the Executive Chair of the Company and Eastern Bank.”

Eastern Bankshares, Inc. reported the quarter ended June 30, 2023 results: revenue $195.4 million, net income $48.7 million, EPS $0.30 per diluted share.

“• Total revenue of $195.4 million. Total operating revenue* of $196.3 million, an increase of $1.5 million from the prior quarter. • Net income of $48.7 million, or $0.30 per diluted share, compared to net loss of $194.1 million, or $1.20 per diluted share, for the prior quarter.”

Eastern Bankshares, Inc. shareholders approved Ratification of the Appointment of Ernst & Young LLP at the 2023-05-15 meeting.

“By the vote reported below, the shareholders ratified the appointment of Ernst & Young LLP by the Audit Committee of the Company’s Board of Directors as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. There were no broker non-votes on this matter. Votes For Votes Against Abstentions 141,779,867 6,064,440 1,319,536”

Eastern Bankshares, Inc. shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-05-15 meeting.

“By the vote reported below, the shareholders approved, on an advisory basis, the compensation paid to the named executive officers of the Company, as set forth in the Company's Proxy Statement: Votes For Votes Against Abstentions Broker Non-Votes 115,253,065 9,559,828 2,819,106 21,531,844”

Eastern Bankshares, Inc. shareholders approved Election of Directors at the 2023-05-15 meeting.

“By the vote reported below, the shareholders elected the following four nominees to serve as directors of the Company for a term to end at the Company’s 2026 annual meeting of shareholders: Nominee Votes For Votes Against Abstentions Broker Non-Votes Luis A. Borgen 122,181,563 4,133,339 1,317,097 21,531,844 Diane S. Hessan 103,950,971 22,379,025 1,302,003 21,531,844 Robert F. Rivers 118,230,791 8,257,681 1,143,527 21,531,844 Paul D. Spiess 121,808,255 4,481,163 1,342,581 21,531,844”

Eastern Bankshares, Inc. reported first quarter of 2023 results: net income Net loss of $194.1 million, EPS $1.20 per diluted share.

“On April 27, 2023, Eastern Bankshares, Inc., a Massachusetts corporation (the “Company”) and the stock holding company for Eastern Bank, issued a press release in which it announced its earnings for the quarter ended March 31, 2023.”

Eastern Bankshares, Inc. reported the quarter ended December 31, 2022 results: net income $42.3 million, EPS $0.26 per diluted share.

“Net income for the fourth quarter of 2022 was $42.3 million, or $0.26 per diluted share, compared to net income of $54.8 million, or $0.33 per diluted share, reported for the third quarter of 2022.”

Greg A. Shell resigned as member of the Board of Directors at Eastern Bankshares, Inc..

“On November 28, 2022, Greg A. Shell, a member of the Board of Directors (the “Board”) of Eastern Bankshares, Inc. (the “Company”), notified the Company that he was resigning from the Board and from the Board of Directors of the Company’s wholly owned subsidiary Eastern Bank, effective December 2, 2022, in connection with commencing employment with the asset management unit of a multinational investment bank and financial services company.”

Eastern Bankshares, Inc. reported the quarter ended September 30, 2022 results: net income $54.8 million, EPS $0.33 per diluted share.

“Net income for the third quarter of 2022 was $54.8 million, or $0.33 per diluted share, compared to net income of $51.2 million, or $0.31 per diluted share, reported for the second quarter of 2022.”