Company: STBA
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-068253
Chunk: 1

Company: S&T BANCORP INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 1
---
-forward Bank, our success is directly tied to the engagement level of our employees. Our industry leading employee engagement was evidenced by S&T being honored as one of Forbes * America’s Best Midsized Employersin 2024 for the second consecutive year. We were also named an American Banker 2024 Best Banks to Work Forwinner,demonstrating how we make people our purpose and showing that our employees feel prioritized, valued, and supported as a critical part of our success. Additionally, because of our industry-leading employee engagement scores, S&T was recognized by Energage as a Financial Services Industry Top Workplaces 2024winner. Engaging With Our Communities At S&T, giving back to the community is at the center of our people-forward purpose and our commitment is evidenced in our donations of time and resources in 2024. For the third year, our employees were offered up to 16 hours of paid, annual volunteer hours to support their local communities. I am proud to share that our employees completed over 25,000 community service hours and provided more than 700 hours of financial education, volunteering at over 1,000 organizations across our footprint. Beyond our volunteerism in 2024, S&T made financial contributions in support of organizations that make a positive impact on our customers and communities. Over $180,000 was donated to United Wayfrom our employee-sponsored annual campaign. For the second year, S&T partnered with Alex’s Lemonade Stand

Foundation(ALSF), hosting lemonade stands at every S&T location and raising over $100,000 in support of childhood cancer research through the generosity of our employees, customers, and members of our local communities. Beyond the donation efforts to these organizations and a myriad of others, an additional $400,000 was donated by S&T to qualifying charities in 2024. Additionally, S&T provided over $15 million in community development loans throughout 2024 in support of affordable housing, economic development needs and to revitalize or stabilize underserved areas. Financial Highlights Our engaged employees, working together for our customers and focused on our business drivers, delivered strong 2024 full year results including consistent growth in our customer deposit franchise and ongoing improvement in asset quality. Financial highlights for 2024 include**:

| • |     | Net income was $131.3 million and EPS was $3.41 per diluted share. |

| • |     | Strong return metrics with ROA of 1.37%, ROE of 9.86% and ROTE (