Damon Del Monte

Frank Schiraldi

- Financial Institutions, Inc. (FISI) has announced a **new share repurchase program** for up to **1,006,379 shares** of its common stock, which represents approximately **5%** of the Company's outstanding common shares.  **[862831_0001193125-25-211278_fisi-ex99_1.htm:0]** **[862831_0001193125-25-211278_fisi-20250918.htm:1]** 
- This new program, effective **September 18, 2025**, replaces and terminates the prior share repurchase program authorized in June 2022.  **[862831_0001193125-25-211278_fisi-ex99_1.htm:0]** **[862831_0001193125-25-211278_fisi-20250918.htm:1]** 
- The repurchase program has **no expiration date** and allows for repurchases in open market transactions or private transactions.  **[862831_0001193125-25-211278_fisi-ex99_1.htm:0]** **[862831_0001193125-25-211278_fisi-20250918.htm:1]**

Financial Institutions, Inc. Announces New Share Repurchase Program

- Financial Institutions, Inc. declared a cash dividend of **$0.31 per common share**.  **[862831_0000950170-25-111189_fisi-20250825.htm:0]** **[862831_0000950170-25-111189_fisi-ex99_1.htm:0]** 
- The company also announced dividends of **$0.75 per share on Series A 3% Preferred Stock** and **$2.12 per share on Series B-1 8.48% Preferred Stock**.  **[862831_0000950170-25-111189_fisi-20250825.htm:0]** **[862831_0000950170-25-111189_fisi-ex99_1.htm:0]** 
- All declared dividends are payable on **October 2, 2025**, to shareholders of record as of **September 15, 2025**.  **[862831_0000950170-25-111189_fisi-20250825.htm:0]** **[862831_0000950170-25-111189_fisi-ex99_1.htm:0]**

FINANCIAL INSTITUTIONS (FISI)