b'TOTAL REWARDS Employees are one of the Banks greatest assets, as their leadership and example drive success andcustomer-centeredexcellence. TheBanksPay Equitycompensation program has stated objectives to: AtOceanFirst,payequitymeansthatourProvide a comprehensive compensation people are paid fairly. One of the most import-package that is competitive within the ant ways to show our employees we value them marketplace, so the Bank may attract, is to ensure fair pay practices. Compensationreward,andretainhighly-qualified,policies and practices are equitable, competitive andperformance-driven.Wecreatecompen-motivated, and productive employees sationsystemsandobjectivemetricsaround recruitment,performance,andadvancement,Incent and reward individual behaviors and we invest in analysis and transparency to that improve the Banks performance in a demonstrate our commitment.manner that is consistent with its businessand strategic plans, while encouragingprudent decision making and safe and INCENTIVE AND REWARD PROGRAMSsound banking practicesOceanFirstBankiscommittedtorewardingMotivate each individual to perform to the employees for their contributions to the Banks best of his or her ability financialsuccess.WeofferincentiveprogramsforourBranchandCorporatestaff,inadditionRecognize the Banks cost structure and the to internal recognition and reward programs that economic environment emphasizeaccomplishmentsandfosterem-ployee engagement. Incentives are based on a combination of individual and Bank performance.Spot AwardsTheSpotAwardProgramprovidesemployee recognition in the form of a financial awardforasignificantachievementthatproducesanoutstanding contribution beyond the scope of an employees position.Bravo & Shining StarBravo provides an opportunity for peer-to-peer appreciation and manager/employee recognition. E-Cards awarded via Bravo serve as nominations to the Shining Star Recognition Program, which recognizesemployeeswhoexemplifyestab-lished customer service standards and model our Core Values.20 OCEANFIRST BANK'