Gerard A. Champi, currently CEO, has been appointed President of Peoples Financial Services Corp. and its banking subsidiary, effective April 3, 2026. Thomas P. Tulaney will retire as President on April 3, 2026, and transition into a consulting role. The company will pay Mr. Tulaney a monthly consulting fee of $8,000 for senior advisory services. Director Elisa Ziga Ramirez will not stand for reelection at the 2026 annual meeting. The board of directors will reduce its size from 15 to 14 members, and the bank board will reduce from 17 to 15 members.