Company: PFIS
Filing Date: 2025-04-01
Form Type: DEF 14A
Source: 0001104659-25-030614
Chunk: 25

Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-04-01
Form: DEF 14A
Chunk 25
---
 |         |
|:----------------------|:----|:-----|----------:|:----|:-----|--------:|
| Audit Fees(1)         |     | $    | 1,215,600 |     | $    | 485,900 |
| Audit-Related Fees(2) |     |      |    46,800 |     |      |  39,590 |
| Tax Fees(3)           |     |      |    71,120 |     |      |       – |
| All Other Fees        |     |      |         – |     |      |       – |
| Total Fees            |     | $    | 1,333,520 |     | $    | 525,490 |

| (1) | Audit fees were for professional services rendered and related out-of-pocket expenses for the (i) audits                              
 of the Company’s consolidated financial statements and its internal controls over financial reporting (ii) quarterly reviews          
 of the interim financial statements included in the Company’s quarterly reports on Form 10-Q, (iii) the services that                 
 are normally provided by the principal accountant in connection with statutory and regulatory filings or engagements and (iv) other   
 services that generally only the principal accountant can provide. These services included fees for the audit of the merger with FNCB 
 Bancorp, Inc. in 2024 and consents in connection with registration statements filed by the Company with the SEC.                      |
| (2) | Audit-related fees were for professional services rendered and related out-of-pocket expenses for audits                              
 of the Company’s employee benefit plans.                                                                                              |
| (3) | Tax Fees consist of fees billed for professional services rendered for tax filings, tax compliance and                                
 consultation services and certain tax planning advisory services for FNCB Bancorp, Inc., with which the Company merged in 2024.       |

Our audit committee’s
charter includes a formal policy concerning the pre-approval of audit and non-audit services (including the fees and terms thereof) to
be provided by our independent registered public accounting firm. The policy requires that all services to be performed by Baker Tilly,
including audit services, audit-related services and permitted non-audit services, be performed either pursuant to detailed pre-approval
policies and procedures established by the committee as to the services to be performed, or upon presentation to and pre-approval by the
committee. The audit committee pre-approves all audit and non-audit services provided by