As provided by Section 4 of the Federal Reserve Act, as amended, and the circular for the nomination of directors dated November 7, 2022, the Federal Reserve Bank of New York is conducting an election of those directors whose terms expire on December 31, 2022: Class A director, Douglas L. Kennedy, President and Chief Executive Officer, Peapack-Gladstone Bank, Bedminster, N.J.; and Class B director, Adena T. Friedman, President and Chief Executive Officer, Nasdaq, Inc., New York, N.Y. Both Mr. Kennedy and Ms. Friedman will be completing their first full three-year terms and are thus eligible for reelection. Shown on the following pages are the names of the candidates nominated for such offices, and by whom nominated.