Company: PFIS
Filing Date: 2025-03-07
Form Type: PRE 14A
Source: 0001104659-25-021551
Chunk: 19

Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-03-07
Form: PRE 14A
Chunk 19
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 and the Scranton Diocesan Financial Council. Mrs. Lambert is also actively involved in fundraising
activities for numerous non-profit organizations, including the United Way, American Heart Association, St. Vincent DePaul Soup Kitchen,
King’s College, the Catholic Youth Center, Holy Redeemer High School, John Heinz Rehab, Big Brothers/Big Sisters and Volunteers
in Medicine. Mrs. Lambert, a licensed Certified Public Accountant and a graduate of King’s College, is a past recipient of
the Athena Award and Top 25 Businesswomen in Northeastern Pennsylvania Award. Mrs. Lambert’s extensive business background
and community and charitable involvement qualify her to serve as a director of the Company and the Bank.

Richard S. Lochen, Jr.,
CPA, age 61, has been a director of Peoples Financial Services Corp. and Peoples Security Bank and Trust Company since 2003.
He has been a Certified Public Accountant with the firm of Lochen & Chase PC since 1995. In January 2023, Lochen &
Chase PC merged with McGrail Merkel and Quinn PC and into MMQ PC. In May 2006, Mr. Lochen was appointed as President of Peoples
Financial Services Corp. and its banking subsidiary (then known as Peoples National Bank) and served as President and Chief Executive
Officer from January 2007 until November 2009. The board has determined that Mr. Lochen is qualified to be on the board
due to his knowledge of auditing publicly-traded financial institutions that he gained during his career as a CPA, which included assisting
in preparation of annual and quarterly filings with the Securities and Exchange Commission. He also brings executive leadership experience
and understanding of the operations of Peoples gained from his past service as an officer of Peoples Financial Services Corp. and its
banking subsidiary.

Thomas J. Melone, CPA,age 66, was appointed as a director of Peoples Financial Services Corp. and Peoples Security Bank and Trust Company as of
July 1, 2024, in accordance with the FNCB merger agreement. Prior to the FNCB merger, Mr. Melone served on the boards of directors
of FNCB and FNCB Bank since 2011. Mr. Melone is a Partner with the Albert B. Melone Company Certified Public Accountants, a provider
of accounting, tax and consulting services throughout the Northeastern Pennsylvania region. Mr. Melone, who has been with his firm
since 1981, participates in the