Company: OSBC
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001558370-25-004277
Chunk: 79

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 79
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 deconversion costs on Visa credit card portfolio |            ​ |      - | ​ |    ​ |    629 | ​ |    ​ |      - | ​ |    ​ |      - |
| Gain on Visa portfolio sale                                      |            ​ |      - | ​ |    ​ |      - | ​ |    ​ |    743 | ​ |    ​ |      - |
| Gain on the sale of land trust portfolio                         |            ​ |      - | ​ |    ​ |      - | ​ |    ​ |    180 | ​ |    ​ |      - |
| Adjusted net income before taxes                                 |            ​ | 87,074 | ​ |    ​ | 98,873 | - |    ​ | 73,393 | - |    ​ | 46,164 |
| Tax effect of adjustments                                        |            ​ |    666 | ​ |    ​ |  1,876 | ​ |    ​ |  1,579 | ​ |    ​ |  6,364 |
| Adjusted Net Income (non-GAAP)                                   |            $ | 86,408 | ​ |    $ | 96,997 | ​ |    $ | 71,814 | ​ |    $ | 39,800 |

50

DIRECTOR COMPENSATION We do not pay our “inside” employee-directors any additional compensation for their service as directors. For their service in 2024, we paid our non-employee directors the following cash fees:

| ● | a director service fee of $49,000 ($12,250 payable quarterly). |

| ● | a lead director fee of $25,000 ($6,250 payable quarterly to Mr. Finn); |

| ● | an Audit Committee Chair fee of $12,000 ($3,000 payable quarterly to Ms. York); |

| ● | a Compensation Committee Chair, Information Technology Steering Committee Chair, and Risk and Insurance Committee Chair fee of $8,000 each ($2,000 payable quarterly to Mr. McLean, Ms. Temple Rocks, and Mr. Bonifas, respectively); and |

| ● | committee member fees of $6,000 ($1,500 quarterly) for the Audit and Loan Committees, committee member fees of $4,000 ($1,000 quarterly) for the Compensation, Risk and Insurance, and Information Technology Steering Committees, and $1,500 ($375 quarterly) for the Nominating and Governance Committee. |

Director fees are paid a