On September 13, 2023, the Board of Directors of Berkshire Hills Bancorp, Inc. appointed Mary Anne Callahan to the Board of Directors of the Company, effective immediately. The Board of Directors also appointed Ms. Callahan to the Compensation Committee and the Risk Management, Capital and Compliance Committee of the Board of Directors. Ms. Callahan will be considered an independent director.

Ms. Callahan was also appointed to the Board of Directors of Berkshire Bank. Ms. Callahan, age 60, served most recently as a Managing Director in the Financial Services Group at Piper Sandler Companies. Prior to joining Piper Sandler, she was a principal in Sandler O?Neill & Partners, L.P.?s investment banking group advising banks, thrifts and specialty finance companies and worked in the financial institutions group at Merrill Lynch and CIBC World Markets.

Ms. Callahan holds a Master of Business Administration from the Wharton School of the University of Pennsylvania and a Bachelor of Arts from Wellesley College.