On February 7, 2020, Mark L. Abbate, Executive Vice President, Treasurer and Chief Financial Officer, who serves as the Principal Financial and Accounting Officer of Meridian Bancorp, Inc. (the Company"), notified the Company of his intention to retire on June 1, 2020 following a 42-year financial career including the last ten years as Chief Financial Officer of the Company. It is anticipated that until his retirement, Mr. Abbate will remain in his role with the Company and assist in the transition of his responsibilities.