Company: UVSP
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000102212-25-000009
Chunk: 46

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 46
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                          33,200 |     |                             37,510 |     |    70,710 |
| Robert C. Wonderling  |     |                          49,850 |     |                             37,510 |     |    87,360 |
| Charles H. Zimmerman  |     |                          65,850 |     |                             37,510 |     |   103,360 |

(a) The amount reflects aggregate grant date fair value for service-based restricted stock units granted during 2024 and is based on the Corporation's closing stock price of $21.24 as of the date of grant on January 31, 2024.

(b) Each director has 3,056 restricted stock units outstanding that have not vested as of December 31, 2024, except Mr. Aichele and Mr. Cama who have none, and Ms. Vazquez who have 1,766.

(c) Mr. Aichele retired as a director as of April 25, 2024 and received a pro-rata vesting of shares from the grant date to his retirement date.

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(d) Mr. Cama was appointed as an Alternate Director on August 1, 2024, and as a Director on October 1, 2024 and was not granted restricted stock units.

#### Director Fees
For the year ended December 31, 2024, former Chairman Mr. Aichele received a transition fee of $37,500 in lieu of an annual cash retainer and committee retainers. This amount was based on the non-management Chairman's experience and responsibilities, with a target of paying near the median (50%) level of our peer group. A summary of other Board compensation is shown in the following table for the year ended December 31, 2024.

| Compensation Element(1)             |     | Director Compensation                                                                                                                           |
| Board of Director Fees              |     | $40,000 annual cash retainer                                                                                                                    |
|                                     |     | Restricted stock units issued annually equivalent to $37,500 based on the Corporation's stock price as of the date of grant on January 31, 2024 |
| Committee Chair Additional Retainer |     | $20,000 Independent Directors Committee                                                                                                         |
|                                     |     | $8,500 Audit Committee                                                                                                                          |
|                                     |     | $8,500 Enterprise-Wide Risk Management Committee                                                                                                |
|                                     |     | $8,500