144 0001463247 XXXXXXXX LIVE 0000717538 Arrow Financial Corporation 000-12507 250 Glen Street Glens Falls NY 12801 518-745-1000 Raymond F. O'Conor Director Common Stock CAPIS

1700 Pacific Avenue, Suite1100 Dallas TX 75201

2000 65200 16738978 12/02/2024 NASDAQ Common Stock 01/01/1933 Stock has been acquired over 40+ year career via Director compensation, stock options, DRIP and stock dividends. Open market or issuances from Treasury Stock N 2000 01/01/1933 Various - compensation, stock option exercises, stock dividends, dividend reinvestments, etc. N Raymond F. O'Conor

7 Rolling Green Drive Wilton NY 12831

Common Stock 09/03/2024 2000 60180 Raymond F. O'Conor

7 Rolling Green Drive Wilton NY 12831

Common Stock 10/01/2024 2000 56073 Raymond F. O'Conor

7 Rolling Green Drive Wilton NY 12831

Common Stock 11/04/2024 2000 57000 12/02/2024 05/14/2024 Penko Ivanov