on April 12, 2018, Investors Bancorp, Inc. filed proxy material for its Annual Meeting of Stockholders to be held on May 22, 2018. As disclosed in the Proxy Statement, and effective as of the Annual Meeting, Kevin Cummings, the President and Chief Executive Officer of the company, has been appointed to serve as Chairman of the Board of Directors. The Proxy Statement incorrectly states that the Chairman of the Board serves as ex officio member of all committees. Members of committees are those directors appointed by the Board, and the Chairman of the Board does not serve on any committee by reason of his position as Chair. Only independent directors serve on the Audit, Compensation and Benefits and the Nominating and Corporate Governance Committees of the Board. Therefore, Mr. Cummings does not and will not serve on these committees.