On December 12, 2022, Mark K.W. Gim informed the Board of Directors of Washington Trust Bancorp, Inc. of his intent to retire as President and Chief Operating Officer of the Corporation and The Washington Trust Company on April 25, 2023, following the 2023 Annual Meeting of Shareholders of the Corporation. On December 15, 2022, the respective Boards of Directors of the Corporation and the Bank appointed Mary E. Noons, 61, as Senior Executive Vice President and Chief Retail Lending Officer of the Bank effective immediately, and to President and Chief Operating Officer of the Corporation and the Bank, effective April 26, 2023, following Mr. Gim's retirement on April 25, 2023. Ms. Noons joined the Bank in 1992 and has held positions of increasing responsibility in lending support, loan operations, secondary market, consumer lending, mortgage operations and mortgage origination.

In 2016, she was promoted to Executive Vice President and became responsible for leading all mortgage and consumer lending activities for the Bank and its subsidiary mortgage company Washington Trust Mortgage Company LLC. In 2018, she added the title of Chief Retail Lending Officer On December 15, 2022, the Board of Directors of the Corporation elected Mr. Gim to serve as a Director of the Corporation, effective immediately. Mr. Gim was elected to the class of directors serving until the 2023 Annual Meeting of Shareholders and until his successor is duly elected and qualified.