Mark R. McCollom: The employment agreement was amended to include changes in the term of employment, notice period, severance benefits, and restrictive covenants.

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

The filing details amendments to the stock incentive plan and grants of RSUs, which are routine compensation matters.

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

Samvir Sidhu: The company entered into a new Supplemental Executive Retirement Plan for Samvir Sidhu.

Director — Robert N. Mackay: Mr. Mackay intends to retire from the boards of directors and not stand for reelection due to increasing demands in his role as CEO of another company.

Other Events. On February 11, 2026, the Board of Directors of the Customers Bancorp, Inc. (the “Company”) authorized a new common stock repurchase program (the “Share Repurchase Program”) to repurchase up to $100 million of the Company’s common stock. The term of the Share Repurchase Program will extend for one year from February 12, 2026, unless earlier terminated. Purchases of shares under the Share Repurchase Program may be executed through open market purchases, privately negotiated trans…

COO — Stephen Wyremski: The filing announces the appointment of an external candidate as Chief Operating Officer, which is a significant executive addition rather than a departure.

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

Entry into a Material Definitive Agreement. The information set forth below under

CEO — Sam Sidhu: The CEO was appointed to the Board of Directors, representing a role expansion and consolidation of leadership rather than a departure.

Entry into a Material Definitive Agreement. On December 22, 2025, Customers Bancorp, Inc. (the “Company”) and Wilmington Trust, National Association (the “Trustee”) entered into a Second Supplemental Indenture (the “Second Supplemental Indenture” and together with the Base Indenture (as defined herein), the “Indenture”) relating to the issuance of $100,000,000 aggregate principal amount of 6.875% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”), which supplements that certain…

Entry into a Material Definitive Agreement. On December 15, 2025, Customers Bancorp, Inc. (the “Company”) and Customers Bank (the “Bank”) completed an underwritten public offering of $100,000,000 in aggregate principal amount of its 6.875% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”) pursuant to an Underwriting Agreement (the “Underwriting Agreement”), dated as of December 15, 2025, among the Company, the Bank and Keefe, Bruyette & Woods, Inc., Piper Sandler & Co. and Raym…

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

Director — Maurice Michael Gill, Robert Krasne, Susan Looney, Dalton Sirmans: The filing discloses the appointment of four new directors to expand the board size, which is a routine governance action rather than a departure of a senior executive.

Entry into a Material Definitive Agreement. On September 3, 2025, Customers Bancorp, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC, Keefe, Bruyette & Woods, Inc. and Raymond James & Associates, Inc., as Representatives of the several Underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell 2,189,781 shares of the Company’s voting common stock, par value $1.00 per share (th…

CEO — Jay Sidhu: The CEO is retiring to a Chairman role with a named internal successor, representing an orderly succession rather than a sudden loss of leadership.

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

CFO — Mark McCollom: The filing reports the appointment of Mark McCollom as CFO, which is a senior executive change but not a departure or routine board election.

CFO — Mark McCollom: The filing announces the appointment of an external candidate, Mark McCollom, as the new CFO, succeeding Philip Watkins who is transitioning to a different internal role.

Director — Daniel K. Rothermel: The filing discloses a routine announcement of a director's intention to retire from the board at the next annual meeting, which is a standard governance update rather than an immediate executive departure.

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

Director — Rajeev V. Date: A director resigned to take a lead independent director role at a newly public company, which is a standard board-level departure without indication of internal conflict.

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…

and Item 7.01, respectively, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed incorporated by reference into any of the Company's reports or filings with the SEC, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. T…