David L. Trautman

Chief Executive Officer at Park National Corp

Board

Since January 2014

Age

63 years

Tenure

Joined PRK in January 2005 and has held several key roles including President (January 2005 – April 2019), Secretary (July 2002 – December 2013), Chief Executive Officer since January 2014, and Chairman since May 2019.

Also at Park National Corp

BTB

Brady T. Burt

Chief Financial Officer

MRM

Matthew R. Miller

President

About

David L. Trautman is 63 years old and has dedicated over two decades to Park National Corporation.

He joined the organization in January 2005 as a board member and subsequently advanced through multiple leadership roles, including serving as President and Secretary before becoming the Chief Executive Officer in January 2014.

In addition to his CEO responsibilities, he has been the Chairman of the Board since May 2019 and currently also serves as Vice Chair of the Executive Committee, illustrating his long-standing commitment to the company's strategic direction.

No specific information regarding his educational background or personal interests is available; however, his extensive career progression at PRK highlights his significant contributions to the organization.

$PRK Performance Under David L. Trautman

Past Roles

Organization	Role	Date Range	Details
Park National Corporation	Chairman of the Board	May 2019 - [Became CEO]	Held prior to assuming the CEO role
Park National Corporation	President	January 2005 - April 2019	Held until promotion to CEO
Park National Corporation	Member of the Board of Directors	January 2005 - [Ended with CEO appointment]	Served as a board member before becoming CEO
Park National Corporation	Secretary	July 2002 - December 2013	Served in an executive capacity prior to CEO role
Park National Bank / First-Knox National Bank Division	Executive Positions	Prior to January 2005	Over ten years of executive experience prior to PRK roles

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
Salary	$750,000	Fiscal Year 2024	Base salary for 2024
Change in Pension Value and Nonqualified Deferred Compensation Earnings	$317,166	Fiscal Year 2024	Includes Pension Service Cost $27,936 and SERP Service Cost $132,387; Total Pension Benefit Adjustments $160,323
All Other Compensation	$102,111	Fiscal Year 2024	Specific breakdown not provided

Performance Compensation

Data from FY 2024

Annual Incentive Compensation

Metric	Weight	Minimum	Target	Maximum	2024 Result	Additional Details
Diluted EPS	30%	$6.46	$8.07	$9.68	$9.32	Based on fiscal year 2024 performance
PTPP ROATE	40%	13.74%	17.17%	20.60%	19.28%	Measures pre-tax, pre-provision return on average tangible equity
PTPP ROATA	20%	1.40%	1.75%	2.10%	2.05%	Measures pre-tax, pre-provision return on average tangible assets
Efficiency Ratio	10%	77.81%	64.84%	51.87%	61.44%	Lower ratio indicates higher efficiency

The calculated incentive compensation was 131.7% of target, multiplied by a discretionary multiplier of 1.22 based on additional performance factors such as relative TSR, ROAA, and ROAE.

Grant Details (Annual Incentive)

Grant Date: January 25, 2024
Grant Date Fair Value: Target level $575,094, Maximum level $862,641
Grant Date Stock Price: Closing price on January 25, 2024
The awards were based on preset goals established at 97.5% to 102.5% of the board-approved budget with potential adjustments up to 25% by the Compensation Committee.

Stock Awards (PBRSUs)

Component	Threshold Award	Target Award	Maximum Award	Performance Period	Vesting Schedule	Grant Date	Grant Date Fair Value	Grant Date Stock Price	Additional Details
PBRSUs	4,380 PBRSUs	4,380 PBRSUs	6,570 PBRSUs	Jan 1, 2024 – Dec 31, 2026	50% vests on certification; 50% on first anniversary	January 25, 2024	Target: $575,000, Maximum: $862,500	Closing price on January 25, 2024	Includes dividend equivalent rights; forfeiture conditions apply; annual net income must exceed 110% of dividends paid; interpolation applies between 50th and 80th percentiles