OCEANFIRST FINANCIAL CORP

On June 25, 2021, the Company announced the Board authorized the repurchase of up to 5% of the Company’s outstanding common stock, or 3.0 million shares. Further, on July 16, 2025, the Company announced the Board authorized a 2025 Stock Repurchase Program to repurchase up to an additional 3.0 million shares. The stock repurchase plans have no scheduled expiration date and the Board has the right to suspend or discontinue the plans at any time. The Company did not repurchase any shares of its common stock through the stock repurchase programs during the three month period ended March 31, 2026. At March 31, 2026, there were 3,226,284 shares available for repurchase under the Company’s stock repurchase program.

For the three months ended March 31, 2026, 177,450 shares were repurchased outside of the Company’s stock repurchase program at an average share price of $19.18. The Company repurchased these shares from employees that elected to exercise vested stock options and those with vested awards. These shares were repurchased pursuant to the terms of the applicable plan and not under the Company’s share repurchase program.