S&T BANCORP, INC. DECLARES DIVIDEND

INDIANA, Pa., April 26, 2023 - The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, approved a $0.32 per share cash dividend on April 26, 2023. This is an increase of $0.02, or 6.7 percent, compared to a cash dividend of $0.30 in the same period in the prior year. The annualized yield using the April 25, 2023 closing price of $26.62 is 4.8 percent. The dividend is payable May 25, 2023 to shareholders of record on May 11, 2023.

About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $9.2 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in Pennsylvania and Ohio. S&T Bank was named by Forbes as a 2022 Best-in-State Bank. For more information visit stbancorp.com or stbank.com. Follow us on Facebook, Instagram and LinkedIn.

SOURCE S&T Bancorp, Inc.

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