Peapack-Gladstone Financial Corporation has provided notice to UMB Bank, as trustee, of its intent to redeem all of its $100,000,000 aggregate principal amount of 3.50% Fixed-to-Floating Rate Subordinated Notes. The Notes were originally due on December 22, 2030. The redemption price will be 100% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the redemption date. The redemption is expected to occur on or about March 2, 2026. The company expects to remain well capitalized following the redemption.