Company: STBA
Filing Date: 2025-03-31
Form Type: DEF 14A
Source: 0001193125-25-068253
Chunk: 37

Company: S&T BANCORP INC
Filing Date: 2025-03-31
Form: DEF 14A
Chunk 37
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 and for refinements to the Management Incentive Plan and Long-Term Incentive Plan. In 2024, the Compensation Committee reviewed and assessed the independence of Aon and concluded that Aon’s work did not raise any conflicts of interest and that they are independent. In reaching these conclusions, the Compensation Committee considered the factors set forth in the SEC rules and NASDAQ listing standards. Environmental, Social and Governance Practices S&T’s 2024 Corporate Responsibility Report provides S&T’s environmental, social and governance practices and can be found at https://www.stbank.com/corporateresponsibility. S&T Bancorp, Inc.| 2025 Proxy Statement | 25

DIRECTOR COMPENSATION The Nominating Committee annually reviews S&T’s director compensation and makes recommendations to the Board. S&T’s director compensation is designed to align the S&T Board with its shareholders and to attract, motivate and retain high performing members critical to S&T’s success. A directors’ compensation analysis including a peer comparison is completed annually. The objective is to evaluate our director compensation against our peer group to ensure S&T’s compensation practices for our directors are consistent with banks our size and within similar markets. S&T uses a combination of cash and restricted units to attract and retain qualified candidates to serve on the Board. Restricted stock grants are intended to align directors’ interests with those of S&T’s shareholders. In 2024, our non-employeedirectors received compensation for serving on the Board and attending Board and committee meetings, or educational seminars, in the amounts described below. Employee members of the Board receive no additional compensation for participation on the Board. We reimbursed various directors for amounts expended for traveling to our meetings and to educational seminars. We determined these amounts were consistent with our guidelines and thus are not included in the 2024 Director Compensation table.

| Directors’ Fees                                 |     |   |        |
|:------------------------------------------------|:----|:--|-------:|
| Annual Cash Retainer                            |     | $ | 70,000 |
| Annual Stock Award(1)                           |     |   | 50,000 |
| Board and Committee Chairperson Retainer Fees   |     |   |        |
| Chairperson                                     |     | $ | 90,000 |
| Audit Chairperson                               |     |   | 20,000 |
| Compensation and Benefits Chairperson           |     |   | 12,500 |
| Credit Risk Chairperson                         |     |   | 12,500 |
|