Investor Presentaiton

Conservative Credit Risk Profile Non-performing Loans by Type as % of Loans¹ 0.52% 0.01% Continued Focus on Credit Risk¹ 0.54% 0.47% 0.02% 0.35% 0.01% 0.36% 0.31% 0.29% 0.08% 0.03% 0.30% 0.00% 0.05% 0.10% 0.12% 0.22% 0.00% 0.18% 0.00% 0.05% 0.12% 0.04% 0.05% 0.03% 0.10% 0.21% 0.02% 0.02% 0.13% 0.11% 0.12% 0.11% 0.07% 0.06% 2016 2017 2018 2019 2020 2021 Q2-22 Commercial Real Estate Consumer Residential Commercial & Industrial (1) PCD loans are not included in these metrics. Refer to "Asset Quality" section in the Earnings Release for additional information. Source: S&P Global. (2) (3) 16 Peer group reporting is on a one quarter lag. Peer group disclosed in OCFC's DEF-14A filed 4/26/22. This excludes (i) Investors Bancorp due to the sale the Citizens Financial Group; (ii) Boston Private Financial Holdings due to the sale to SVB Financial Group; and (iii) Meridian Bancorp due to the sale to Independent Bank Corp. 0.45% 0.25% 0.22% Q1-22 Peer Group Average (0.39%) 2,3 0.32% 0.16% 0.14% 2016 2017 2018 2019 2020 2021 Q2-22 NPA/Assets OCEANFIRST

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