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Investor Presentaiton

Generating Consistent and Attractive Returns Book Value and Tangible Book Value per Common Share ($)¹ Core ROAA and ROTE1 25.22 25.47 25.63 25.58 25.73 13.73% 12.04% 11.30% 11.55% 10.62% 15.78 15.93 15.94 15.96 1.13% 15.58 1.02% 0.90% 0.95% 0.98% Q2-21 Q3-21 Book Value per Share Q4-21 Q1-22 Tangible Book Value per Common Share Capital Management ($'millions) 9.01% Q2-22 Q2-21 Q3-21 Q4-21 Core ROTE Q1-22 Core ROAA Q2-22 • 8.89% 8.78% 8.60% 8.39% • 11 10 5 2 10 10 10 10 10 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Tangible book value per common share increased by $0.02 per share versus Q1-22. Repurchased 272,779 shares in Q2-22; 2.9 million shares remain available for repurchase. Tangible Stockholders' Equity to Tangible Assets¹ 12 Share Repurchases QTD Cash Dividend QTD (1) Core metrics exclude merger related expenses, net branch consolidation expenses, net loss/gain on equity investments, and the income tax effect of these items. Tangible book value and tangible assets exclude goodwill, core deposit intangible, and preferred equity. Refer to the "Non-GAAP Reconciliation" in the Earnings Release for additional information. OCEANFIRST
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