X0508 4 2025-04-30 1 0000842518 EVANS BANCORP INC EVBN 0002017248 Pawlak Kenneth D 6460 MAIN STREET WILLIAMSVILLE NY 14221 1 EVP - Chief Growth Officer 0 Common Stock 2025-05-02 4 D 0 8659.39 D 0 D Stock Options 45.20 2025-04-30 4 D 0 1310 D 2028-03-20 Common Stock 1310 0 D Stock Options 36.12 2025-04-30 4 D 0 2280 D 2029-04-15 Common Stock 2280 0 D Stock Options 25.51 2025-04-30 4 D 0 4220 D 2030-11-17 Common Stock 4220 0 D Stock Options 39.06 2025-04-30 4 D 0 1870 D 2031-11-16 Common Stock 1870 0 D Pursuant to the Agreement and Plan of Merger, dated as of September 9, 2024 (the "Merger Agreement"), between the Issuer and NBT Bancorp, Inc., each issued and outstanding share of Issuer common stock was converted into the right to receive 0.91 shares of NBT Bancorp, Inc. common stock (subject to the payment of cash in lieu of fractional shares). The options were fully vested and exercisable. In accordance with the Merger Agreement, each option to acquire common stock of the Issuer that is outstanding immediately prior to the effective time of the merger (whether vested or unvested), that had a per share exercise price equal to or greater than the per share consideration price ($38.59) was cancelled for no consideration. In accordance with the Merger Agreement, each option to acquire common stock of the Issuer that is outstanding immediately prior to the effective time of the merger (whether vested or unvested), was cancelled and converted into the right to receive a cash payment, less applicable taxes and other withholdings, equal to the difference between the exercise price of the option and the per share consideration price ($38.59), multiplied by the number of shares subject to such option. Stock options vest at a rate of 20% per year commencing on November 17, 2021. Stock options vest at a rate of 25% per year commencing on November 16, 2022. /s/ Jessica L. Brosius, Attorney in fact for Kenneth D. Pawlak 2025-05-02