X0306 4 2014-04-01 0001592329 Clifton Bancorp Inc. CSBK 0001245605 SMITH JOSEPH C 1433 VAN HOUTEN AVENUE CLIFTON NJ 07015 1 Common Stock 2014-04-01 4 J 0 88040.0000 0.0000 A 88040.0000 D Common Stock 2014-04-01 4 P 0 15000.0000 10.0000 A 103040.0000 D Common Stock 2014-04-01 4 J 0 2937.0000 0.0000 A 2937.0000 I By Son Non-Statutory Stock Option 10.4600 2014-04-01 4 J 0 73231.0000 0.0000 A 2005-08-31 2015-08-31 Common Stock 73231.0000 73231.0000 D Pursuant to the Amended and Restated Plan of Conversion and Reorganization, each share of Clifton Savings Bancorp, Inc. common stock was exchanged for 0.9791 shares of Clifton Bancorp Inc. common stock. Pursuant to the Amended and Restated Plan of Conversion and Reorganization, each option to purchase a share of Clifton Savings Bancorp, Inc. was converted into an option to purchase 0.9791 shares of Clifton Bancorp Inc. common stock, rounded to the nearest share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 0.9791 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms. Non-Statutory Stock Options granted pursuant to the Clifton Savings Bancorp, Inc. 2005 Equity Incentive Plan are fully vested and exercisable. Christine R. Piano, Power of Attorney 2014-04-02