Lakeland Bancorp Investor Conference Presentation Deck

Non-GAAP Reconciliation - Q1 Net Income to EBITDA Net Income Interest Taxes Depreciation and amortization EBITDA EBITDA to Adjusted EBITDA (excluding non-cash expenses) EBITDA Equity compensation Other income (expense) Eagle acquisition-related expenses Eagle revaluation of earnout consideration Employee separation expense New Monterrey, Mexico facility start-up costs Adjusted EBITDA Adjusted EBITDA Margin Revenue Lakeland Adjusted EBITDA Adjusted EBITDA Margin (Amounts in $000's) THREE MONTHS ENDED April 30, 2023 $1,320 8 541 533 $2,402 $2,402 407 69 17 (493) 320 38 $2,760 $28,700 $2,760 9.6% 2022 $1,129 9 285 425 $1,848 $1,848 407 26 $2,281 $27,278 $2,281 8.4% 15

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