EGBN · Eagle Bancorp, Inc.

The appointment of Stephen R. Curley as President and CEO represents a significant leadership transition for Eagle Bancorp, Inc. and EagleBank, effective July 6, 2026, following Susan Riel's retirement after serving since 2019. Curley, aged 55, brings extensive experience from Western Alliance Bancorporation, where he was Chief Banking Officer for National Business Lines since 2022 and Division President from 2018-2022, focusing on commercial banking, deposit growth, and risk management. His compensation package is robust, including a $1,050,000 base salary, 100% target annual bonus, $250,000 sign-on bonus with clawback, and over $3.2 million in equity inducements structured as time-vested options/RSUs and performance-based units, plus generous severance terms (2x base + bonus normally, 2.99x post-change in control). Riel's 12-month consulting role at $94,000 monthly ensures continuity, with her restricted stock awards accelerating upon retirement. This change signals a strategic shift toward growth and profitability enhancement, as highlighted in the press release, amid board priorities for lending, deposits, and capital allocation.