Company: STBA
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-068253
Chunk: 49

Company: S&T BANCORP INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 49
---
| Maximum           |     | $3.58 or greater |     | 2.02% or greater |     | 0.30% or lower |     | 175%         |

| Note: | Linear interpolation is utilized to determine awards between Threshold and Target and Target and Maximum |

| (1) | Non-GAAP. For a reconciliation to the most directly comparable GAAP measures, see Reconciliation of GAAP to Non-GAAP Financial Measures in Appendix A. |

Individual Performance Factor Participants other than the NEOs, Section 16 officers, as well as several other key positions have an Individual Performance Factor with multiple individual goals against which individual performance was evaluated. The framework for establishing these goals was based largely on execution of elements of S&T’s strategic plan, including activities centered around multi-faceted growth, profit improvement, operational effectiveness, corporate culture, effective brand and enterprise risk management ( i.e., balanced risk and reward). Summary of 2024 MIP Payouts The Payout Level Percentage for 2024 MIP Payouts to the NEOs was 127% of target, determined as follows: MIP results

| Performance Metric |     | Target Performance Level |   |      |   |     | Actual Performance Level |   |      |   |
|:-------------------|:----|:-------------------------|:--|-----:|:--|:----|:-------------------------|:--|-----:|:--|
| EPS                |     |                          | $ | 3.25 |   |     |                          | $ | 3.41 |   |
| PPNR(1)            |     |                          |   | 1.79 | % |     |                          |   | 1.77 | % |
| Asset Quality      |     |                          |   | 0.40 | % |     |                          |   | 0.36 | % |

| (1) | Non-GAAP. For a reconciliation to the most directly comparable GAAP measures, see Reconciliation of GAAP to Non-GAAP Financial Measures in Appendix A. |

S&T Bancorp, Inc.| 2025 Proxy Statement | 39

Compensation Discussion and Analysis Based on achieving 127% of the Target Performance Level, the Compensation Committee approved the following cash awards under the 2024 MIP to each NEO:

| Named Executive Officer                                                           |     | Actual Payout as a 
 Percentage of Base 
 Salary             |     |    |   |