M. Lance Hall

President and CEO of Origin Bank at Origin Bancorp

Since January 2020

Age

51 years

Education

Holds a B.S. in Managerial Finance from the University of Mississippi and graduated from The Graduate School of Banking at Louisiana State University.

Tenure

Has served at OBK for over 25 years, holding roles including Louisiana State President, Chief Strategy Officer, Chief Operating Officer, President, and ultimately becoming President and CEO in January 2020.

Also at Origin Bancorp

Drake Mills

Chairman of the Board

Derek McGee

Senior Executive Officer and Chief Legal Counsel

Preston Moore

Senior Executive Officer and Chief Credit and Banking Officer

About

M. Lance Hall, aged 51, has built a solid educational foundation by earning a Bachelor of Science in Managerial Finance from the University of Mississippi and graduating from The Graduate School of Banking at Louisiana State University.

Beginning his career at Regions Bank as a Credit Analyst and Commercial Relationship Manager, he joined OBK over 25 years ago. Over the years, he has steadily advanced through increasing responsibilities at the bank, including serving as Louisiana State President, Chief Strategy Officer, and Chief Operating Officer before his promotion to President and later President and CEO in January 2020.

Under his leadership, OBK has focused on technological innovation, strategic planning, and employee engagement, resulting in significant operational improvements and enhancements in customer service. His tenure reflects a commitment to efficiency and growth, as demonstrated by initiatives that increased data analytics capabilities and streamlined operations.

$OBK Performance Under M. Lance Hall

Past Roles

Organization	Role	Date Range	Details
Origin Bank	President of Origin Bank	July 2018 - January 2020	Ceased role upon promotion to President and CEO
Origin Bank	Chief Operating Officer	February 2017 - July 2018	Held concurrently with other roles until restructuring
Origin Bank	Chief Strategy Officer	March 2016 - July 2018	Served concurrently with Louisiana State President role
Origin Bank	Louisiana State President	March 2013 - July 2018	Ended with subsequent promotion
Regions Bank	Credit Analyst and Commercial Relationship Manager	N/A [N/A]	Held for 4 years prior to joining OBK

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$600,000	Annual, paid regularly throughout 2024	Fixed annual salary
Supplemental Executive Retirement Plan (SERP)	Present Value: $929,179<br>Annual Benefit: $118,939	Benefit paid upon retirement at Age 65 (annual, with payments until death)	Includes a 1.5% annual COLA increase
Executive Supplemental Income Agreement (ESIA)	Present Value: $211,315	Annual payments starting at Age 60 for six years	Payment equals 10% of annualized base salary
Termination Benefits (Without Cause/Resignation – Outside CIC)	$1,841,053	Lump-sum at termination	Applicable for termination outside CIC
Termination Benefits (Without Cause/Resignation – Within CIC)	$2,761,579	Lump-sum at termination	Applicable for termination within CIC
Termination Benefits (Death/Disability/Retirement)	$315,525	Prorated, paid upon event	Calculated as prorated STIP bonus based on actual performance
Company-Paid Life Insurance	$500,000	Lump-sum death benefit	Fixed benefit amount
Split Dollar Life Insurance (2002 Plan)	$386,693	Not specified	Death benefit amount
Split Dollar Life Insurance (2019 Plan)	$318,936	Not specified	Death benefit amount
Accrued Paid Time Off (PTO)	$76,131	Paid out per company policy/at termination	Accrued PTO balance for 2024
Continuing Medical Coverage	Outside CIC: $51,561<br>Within CIC: $38,671	Coverage provided upon termination	Two different amounts based on CIC status
Company Car, Professional Development & Memberships, Business Travel Expenses	N/A	N/A	No specific details provided in documents

Performance Compensation

Data from FY 2024

STIP (Annual Bonus)

Metric Type	Weighting (%)	Threshold (% of Base Salary)	Target (% of Base Salary)	Maximum (% of Base Salary)	Actual Bonus Earned
Financial Measures	75%	25%	50%	75%	$315,525
Individual Scorecard Measures	25%	25%	50%	75%	$315,525

Performance Measures: Includes normalized pre-tax ROAA, normalized net income, non-performing assets ratio, and net charge-offs paired with strategic individual scorecard metrics.
Payouts: Range from 50% to 150% of the target incentive based on performance achievement using a straight-line interpolation.
Evaluation Period: Fiscal year 2024; finalized in February 2025.

Long-Term Incentive Award - PSU (2024 Grant)

Metric	Detail
Metrics	ROAA and ROAE (each equally weighted)
Threshold	85% of target (50% payout)
Target	100% of target (100% payout)
Maximum	115% of target (150% payout)
Number of PSUs	Threshold: 2,270, Target: 4,542, Maximum: 6,812
Grant Date	May 20, 2024
Grant Date Fair Value	$150,022
Vesting Date	February 20, 2027 (upon meeting 3-year performance criteria)
Evaluation Period	January 1, 2024 – December 31, 2026

Long-Term Incentive Award - RSU (2024 Grant)

Metric	Detail
Award Type	RSU (Time-based)
Grant Date	May 20, 2024
Grant Date Fair Value	$150,022
Vesting Schedule	33.3% vesting annually, final vesting on May 20, 2027
Performance Metrics	None – awards vest based solely on time and continuous employment

These components detail the performance compensation for 2024, including required performance metrics, targets, thresholds, weights, vesting schedules, evaluation periods, and actual payout details where available.