DEEPLY ROOTED IN OUR COMMUNITY 2017 COMMUNITY IMPACT REPORT

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1 DEEPLY ROOTED IN OUR COMMUNITY 2017 COMMUNITY IMPACT REPORT

2 COMMITMENT TO OUR COMMUNITIES COMMITMENT TO OUR COMMUNITIES 1 CELEBRATING 175 YEARS 3 EMPLOYEE ENGAGEMENT 4 AARP FRAUD WATCH NETWORK PARTNERSHIP 7 PEOPLE S UNITED COMMUNITY FOUNDATION GRANT RECIPIENTS 10 GRANT ALLOCATION & IMPACT 14 PUCF FINANCIALS 15 PUCF EASTERN MA FINANCIALS 16 FOOTPRINT & GIVING GUIDELINES 17 FOUNDATION MEMBERS 18 CULTURE OF GIVING BACK 20 CONTACT US INSIDE BACK COVER For more than 175 years, People s United Bank has been an active member of our communities, and a strong philanthropic partner that is committed to investing time and money to meet the needs of individuals, families, businesses, and entire communities. At People s United Bank, community partnership matters. It s a part of our DNA and how we conduct business. Today, we are deeply rooted in and committed to continuing our legacy of giving back to the communities where we live and work. In 2017, we supported the important work of nonprofit organizations through charitable donations and cause-related sponsorships funded by People s United Bank. In addition, through the bank s two charitable foundations People s United Community Foundation and People s United Community Foundation of Eastern Massachusetts grants were awarded in support of programs and services that are having a positive impact on our communities, with a special emphasis given to programs and services in low-income areas designed to promote economic stability, improve education, and facilitate affordable housing and homeownership. We also invested in the financial health and well-being of our neighbors through our community outreach programs including our Financial Education, Masters, and employee volunteer and engagement programs in addition to community reinvestment initiatives and community partnerships. We are proud of our investments, and thankful to our employees and community partners for joining us in our efforts to create positive outcomes and lasting change for our communities in We look forward to continuing our collaborative efforts and expanding our philanthropic reach and partnerships for many years to come. 1

3 CELEBRATING 175 YEARS Foundation Special Anniversary Grant To commemorate the company s heritage of giving back, we kicked off our 175th Anniversary celebration with a special $175,000 grant to Junior Achievement USA, which was awarded by People s United Community Foundation. The grant was allocated to Junior Achievement offices throughout our Foundation s footprint to implement JA programming that will target low-to-moderate income schools to better prepare students in workforce readiness and financial literacy. As part of our support, People s United Bank employees are volunteering their time to deliver the JA in a Day programming to students at designated schools. Programs will run through 2018, and we look forward to sharing updates on the collective impact this special grant is having on our communities in the coming months. Celebrate 175 Volunteer Challenge Our anniversary celebration continued with a 175th Volunteer Campaign, as we challenged our employees to join together to conduct 175 unique volunteer projects in the communities we serve. The campaign proved to be extraordinary, as employees surpassed our Celebrate 175 Volunteer Challenge goal with hundreds of employees engaging in more than 175 volunteer projects, totaling nearly 1,600 volunteer hours. We are proud and thankful to our employees for their dedication, and for demonstrating People s United Bank s steadfast commitment to our communities. Volunteer projects conducted in celebration of 175th Anniversary 2 Volunteer hours contributed by our employees who engaged in 175th Voluteer Challenge Anniversary grant awarded to Junior Acheivement USA PEOPLES UNITED BANK 3

4 EMPLOYEE ENGAGEMENT Employee Volunteerism Each year, People s United Bank employees dedicate countless hours volunteering their time to create a lasting impact. From serving on boards, teaching financial education classes, and participating in fundraising events, our employees are consistently seen in our communities giving back. In 2017, employees contributed more than 32,000 volunteer hours to hundreds of non-profit organizations, which generated an economic impact of nearly $900,000. Financial Education Community Outreach As a leader in the financial services industry, it is particularly important for People s United Bank to invest in the financial health and well-being of our neighbors. Statistics on financial literacy continue to demonstrate the importance of financial education and the serious consequences associated with a lack of understanding about personal finances. In 2017, our employees addressed this issue by partnering with nonprofits, schools and other community groups, to deliver financial education classes to individuals of all ages. Through our efforts, we conducted 800 financial education and career readiness classes reaching more than 22,000 individuals. Women In Leadership In 2015, People s United Bank launched the Women In Leadership (WIL) initiative, designed to promote diversity and inclusion by welcoming all People s United employees to participate in building strong relationships through women and for women to spark collaboration, foster relationships, support personal and professional development and encourage volunteerism. Now in its third year, Women in Leadership took a significant leap forward in 2017, with more than 1,000 members, consisting of ten chapters across the Northeast. Our regional chapter members comprise approximately 20% of our employee base, who came together in support of the WIL mission and engaged in a variety of personal and professional development opportunities, including a leadership series, webinars, networking events, community volunteerism and a mentoring program. 4 PEOPLES UNITED BANK Economic impact through Employee Employee Volunteerism membership within the Women In Leadership initiative 1600 $900k Financial education classes delivered, Volunteer hours reaching more than given by our 22,000 individuals employees engaged in more than 175 projects Employees are members of Economic impact Women In Leadergenerated ship initiativewithin the communities within our Northeast footprint 5

5 AARP FRAUD WATCH NETWORK PARTNERSHIP Masters Program For more than 20 years, People s United Bank has actively addressed financial crimes against older adults through our Masters Program. The program is designed to protect seniors from identity theft and scams by providing educational resources, seminars, events and training in collaboration with law enforcement, senior advocacy agencies and other community groups. Americans lose more than $15b a year to fraud. Stay Informed to Stay Protected AARP Fraud Prevention Partnership In our ongoing efforts to combat this epidemic, People s United Bank collaborated with the AARP Fraud Watch Network in Working together to fight identity theft and scams, the campaign provided customers and the public with access to free print, digital and online educational information and resources. As part of the campaign, People s United Bank is hosting AARP Fraud Watch Network kiosks that are touring branches throughout our footprint. The kiosks include AARP s digital library of fraud prevention content, including articles, videos and quizzes. In addition, all bank branches distributed the popular AARP Watch Dog Alert handbooks; a free resource that outlines 13 ways con artists steal your money. We also launched an ATM messaging campaign, hosted fraud prevention seminars in our branches, and conducted a direct mail campaign that collectively reached more than 3.8 million consumers. We believe awareness is key and encourage you to visit our partnership page at peoples.com/fraudwatch to stay informed to stay protected. Years that People s United Bank has actively addressed financial crimes against older adults 6 Information & Resources through AARP Fraud Watch Network Partnership Consumers reached through fraud prevention awareness and outreach efforts PEOPLES UNITED BANK 7

6 DEEPLY ROOTED IN OUR COMMUNITY PEOPLE S UNITED COMMUNITY FOUNDATIONS Our two charitable foundations People s United Community Foundation and People s United Community Foundation of Eastern Massachusetts are designed to support the communities where we conduct business. Their mission is to invest in programs and services that enhance the quality of life for residents, promote the economic development and well-being of neighborhoods, and support the educational and developmental needs of children and youth, with a focus on low-income areas. In 2017, People s United Community Foundation awarded $2,762,883 in grants to 429 nonprofit organizations in the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire, and Maine. In addition, People s United Community Foundation of Eastern Massachusetts awarded $733,750 to 82 nonprofit organizations within the 27 cities and towns that the Foundation serves. Together, the Foundations awarded more than $3.5 million in grants to 511 nonprofit organizations across our footprint. These grants helped support critical community programs to help strengthen communities and the quality of life of residents in the geographic areas that the Foundations serve. The grants were distributed in alignment with the Foundations primary areas of focus including affordable housing, community and economic development, and youth development. KAREN T. GALBO Executive Director 8 JACK P. BARNES Chairman PEOPLES UNITED BANK 9

7 2017 GRANT RECIPIENTS PEOPLE S UNITED COMMUNITY FOUNDATION: ABBOTT HOUSE ACHIEVEMENT FIRST BRIDGEPORT ACADEMY ACTION FOR BOSTON COMMUNITY DEVELOPMENT ACTION FOR BRIDGEPORT COMMUNITY DEVELOPMENT ADELBROOK AGENCY ON AGING OF SOUTH CENTRAL CONNECTICUT ALFOND YOUTH CENTER ALL STARS PROJECT OF BRIDGEPORT ALWAYS HOME AMERICA NEEDS YOU AMERICAN RED CROSS CT AMERICAN RED CROSS MA APPLIED BEHAVIORAL REHABILITATION INSTITUTE ASIAN COMMUNITY DEVELOPMENT CORPORATION BABY AND ME: LEARNING TOGETHER BARNUM MUSEUM BAY COVE HUMAN SERVICES BAY PATH UNIVERSITY BELL MASSACHUSETTS BEST BUDDIES INTERNATIONAL BIG BROTHERS BIG SISTERS OF NEW HAMPSHIRE BIG BROTHERS BIG SISTERS OF NEW YORK CITY BIG BROTHERS BIG SISTERS OF SOUTHERN MAINE BIG BROTHERS BIG SISTERS OF HAMPDEN COUNTY BIG SISTER ASSOCIATION OF GREATER BOSTON BILLINGS FORGE COMMUNITY WORKS BLACK RIVER GOOD NEIGHBOR SERVICES BOSTON CHINATOWN NEIGHBORHOOD CENTER BOTTOM LINE BOTTOMLESS CLOSET BOYS & GIRLS CLUB OF GREATER LOWELL BOYS & GIRLS CLUB OF GREATER NASHUA BOYS & GIRLS CLUB OF LAWRENCE BOYS & GIRLS CLUB OF RUTLAND COUNTY BOYS & GIRLS CLUB OF WORCESTER BOYS & GIRLS CLUBS OF CENTRAL NEW HAMPSHIRE BOYS & GIRLS CLUBS OF HARTFORD BOYS & GIRLS CLUBS OF METROWEST BOYS & GIRLS CLUBS OF SOUTHERN MAINE BOYS & GIRLS CLUB OF BURLINGTON BRIDGE OVER TROUBLED WATERS BRIDGEPORT NEIGHBORHOOD TRUST BRIDGEPORT RESCUE MISSION BROC-COMMUNITY ACTION BUILDING ONE COMMUNITY CAMBA CAMP TA-KUM-TA CAPITAL WORKFORCE PARTNERS CAPSTONE COMMUNITY ACTION CARDINAL MCCLOSKEY COMMUNITY SERVICES CARDINAL SHEHAN CENTER CAREER COLLABORATIVE CAREER RESOURCES, INC. CAROLINE HOUSE CARVER FOUNDATION OF NORWALK CATCH NEIGHBORHOOD HOUSING CATHOLIC CHARITIES ARCHDIOCESE OF HARTFORD CATHOLIC CHARITIES OF FAIRFIELD COUNTY CENTER FOR HUMAN DEVELOPMENT CENTER FOR NEW AMERICANS CENTRAL CONNECTICUT COAST YMCA CENTRAL ISLIP CIVIC COUNCIL CENTRAL NASSAU GUIDANCE WORKFORCE INVESTMENT BOARD EASTERSEALS NEW HAMPSHIRE EASTERSEALS VT ECONOMIC MOBILITY PATHWAYS EL CENTRO HISPANO EMERGE ENTERPRISE COMMUNITY PARTNERS FAIRFIELD COUNTY S COMMUNITY FOUNDATION FAMILIES FIRST PARENTING PROGRAMS FAMILIES IN TRANSITION FAMILY & CHILDREN S AGENCY FAMILY AND CHILDREN S ASSOCIATION FAMILY CENTERS FAMILY REENTRY FAMILY SERVICES OF THE MERRIMACK VALLEY FAMILY SERVICES OF WESTCHESTER FARM TO FAMILY FELLOWSHIP PLACE FIDELCO GUIDE DOG FOUNDATION FISH OF GREATER NEW HAVEN FIVER CHILDREN S FOUNDATION FOOD BANK FOR WESTCHESTER FOODSHARE FRESH START FURNITURE BANK FRIENDS OF KAREN FRIENDS OF THE CHILDREN-BOSTON FURNITURE BANK OF SOUTHEASTERN CONNECTICUT FUTURE 5 GENERATIONS INCORPORATED GENESIS FUND GIRL SCOUTS HEART OF THE HUDSON GIRL SCOUTS OF CONNECTICUT GIRL SCOUTS OF EASTERN MASSACHUSETTS GIRL SCOUTS OF SUFFOLK COUNTY GIRLS INC. OF HOLYOKE GIRLS INC. OF LONG ISLAND GIRLS INC. OF WESTERN CONNECTICUT GIRLS INC. OF WORCESTER GIRLS INC. OF WESTCHESTER COUNTY GOOD SAMARITAN AGENCY GOOD SHEPHERD FOOD BANK GOODWILL INDUSTRIES OF NORTHERN NEW ENGLAND GOVERNOR S PARTNERSHIP TO PROTECT CONNECTICUT S WORKFORCE GRACE ACADEMY GREATER BURLINGTON YMCA GREATER HARTFORD CONSORTIUM FOR HIGHER EDUCATION GREATER HOLYOKE YMCA GREATER NASHUA HABITAT FOR HUMANITY GREATER NEW BRITAIN TEEN PREGNANCY PREVENTION GREATER WALTHAM ARC GREEN MOUNTAIN HABITAT FOR HUMANITY GREEN VILLAGE INITIATIVE GREYSTON FOUNDATION GROUNDWORKS COLLABORATIVE GULF OF MAINE RESEARCH INSTITUTE HABITAT FOR HUMANITY METROWEST/GREATER WORCESTER HABITAT FOR HUMANITY NEW YORK CITY HABITAT FOR HUMANITY OF EASTERN CT HABITAT FOR HUMANITY OF GREATER BANGOR HABITAT FOR HUMANITY OF GREATER LOWELL HABITAT FOR HUMANITY OF GREATER NEW HAVEN HABITAT FOR HUMANITY OF GREATER WATERBURY HABITAT FOR HUMANITY OF RUTLAND COUNTY, VT HABITAT FOR HUMANITY OF SUFFOLK HABITAT FOR HUMANITY OF YORK COUNTY HABITAT FOR HUMANITY OF NASSAU COUNTY NY HABITAT FOR HUMANTITY OF COASTAL FAIRFIELD COUNTY HALL NEIGHBORHOOD HOUSE HANDS ON HARTFORD HANNAH GRIMES CENTER HAP, INC HARBOR HOMES HARLEM CHILDREN S ZONE HARTFORD FOOD SYSTEM HARTFORD YOUTH SCHOLARS HAVEN VIOLENCE PREVENTION AND SUPPORT SERVICES HEADING HOME HEDCO HIGHER EDGE HOME SHARE NOW HORIZONS AT GREENS FARMS ACADEMY HORIZONS FOR HOMELESS CHILDREN HOUR CHILDREN HOUSATONIC COMMUNITY COLLEGE FOUNDATION HOUSATONIC HABITAT FOR HUMANITY HOUSING EDUCATION RESOURCE CENTER HUMAN RESOURCES UNLIMTED HUMAN SERVICES COUNCIL INSPIRICA INTERCULTURAL COMMUNITY CENTER INTERFAITH NUTRITION NETWORK INTERNATIONAL HARTFORD LTD. INTERNATIONAL INSTITUTE OF NEW ENGLAND INTERVAL HOUSE INTERVALE CENTER ISLAND HARVEST FOOD BANK, LTD JCY-WESTCHESTER COMMUNITY PARTNERS JEREMIAH PROGRAM JEREMIAH S HOSPICE JEWISH FEDERATION OF GREATER HARTFORD JOHN GRAHAM SHELTER JOSEPH M. TIERNEY LEARNING CENTER JUNIOR ACHIEVEMENT OF MAINE JUNIOR ACHIEVEMENT OF SOUTHWEST NEW ENGLAND JUNIOR ACHIEVEMENT OF WESTERN CONNECTICUT JUNIOR ACHIEVEMENT USA KEEP ROCKLAND BEAUTIFUL KENNEBEC VALLEY COMMUNITY ACTION PROGRAM KIDS IN CRISIS KING STREET CENTER KINGSBOROUGH COMMUNITY COLLEGE FOUNDATION LAKE CHAMPLAIN MARITIME MUSEUM AT BASIN HARBOR LAWRENCE COMMUNITYWORKS LEADERSHIP, EDUCATION AND ATHLETICS IN PARTNERSHIP LEGAL SERVICES OF THE HUDSON VALLEY LEVITICUS 25:23 ALTERNATIVE FUND LIFTING UP WESTCHESTER LITERACY VOLUNTEERS OF CENTRAL CT LITERACY VOLUNTEERS OF GREATER NEW HAVEN LOCAL INITIATIVES SUPPORT CORPORATION LONG ISLAND CHILDREN S MUSEUM LONG ISLAND HOUSING PARTNERSHIP LOVIN SPOONFULS LVA SCHOOL MADISON SQUARE BOYS & GIRLS CLUB MADONNA PLACE MAINE AUDUBON MALTA HOUSE MANCHESTER AREA CONFERENCE OF CHURCHES MARY LYON FOUNDATION AKA MARY LYON EDUCATION FUND MASSACHUSETTS AFFORDABLE HOUSING ALLIANCE MATCH EDUCATION MCGIVNEY COMMUNITY CENTER MEALS ON WHEELS PROGRAMS & SERVICES OF ROCKLAND MERCY CONNECTIONS MERCY HAVEN MERCY LEARNING CENTER OF BRIDGEPORT MERRIMACK VALLEY HOUSING PARTNERSHIP METROPOLITAN BOSTON HOUSING PARTNERSHIP MILL RIVER PARK COLLABORATIVE MILTON COMMUNITY YOUTH COALITION MOBIUS, VERMONT S MENTORING PROGRAM MORRY S CAMP MUTUAL HOUSING ASSOCIATION OF SOUTHWESTERN CONNECTICUT MY PLACE TEEN CENTER MY SISTERS PLACE NATIVITY SCHOOL OF WORCESTER NEIGHBORHOOD HOUSING SERVICES OF JAMAICA NEIGHBORHOOD HOUSING SERVICES OF NEW HAVEN NEIGHBORHOOD HOUSING SERVICES OF NEW YORK CITY NEIGHBORHOOD HOUSING SERVICES OF QUEENS CDC NEIGHBORHOOD OF AFFORDABLE HOUSING NEW ENGLAND KURN HATTIN HOMES NEW HAMPSHIRE FOOD BANK NEW HAVEN READS COMMUNITY BOOK BANK NEW HAVEN URBAN RESOURCES INITIATIVE NEW LEADERS NEW NEIGHBORHOODS NEWVUE COMMUNITIES NORMA F. PFRIEM URBAN OUTREACH INITIATIVES NORTHAMPTON SURVIVAL CENTER NORTHEAST ORGANIC FARMING ASSOCIATION OF VERMONT NORTHSIDE CENTER FOR CHILD DEVELOPMENT NORTHSIDE INSTITUTIONS NEIGHBORHOOD ALLIANCE NORWALK COMMUNITY COLLEGE FOUNDATION NORWALK EDUCATION FOUNDATION NOTRE DAME CRISTO REY HIGH SCHOOL OAK HILL CDC 10 PEOPLES UNITED BANK 11

8 2017 GRANT RECIPIENTS OPEN DOOR SHELTER OPEN PANTRY COMMUNITY SERVICES OPERATION A.B.L.E. OF GREATER BOSTON OPERATION HOPE OF FAIRFIELD OPERATION WARM OUR PIECE OF THE PIE OUR PLACE DROP-IN CENTER P. T. BARNUM FOUNDATION PACIFIC HOUSE PARTNERSHIP FOR STRONG COMMUNITIES PARTNERSHIP WITH CHILDREN PENQUIS C.A.P. PERNET FAMILY HEALTH SERVICE PERSON-TO-PERSON PORT CHESTER CARVER CENTER PORT WASHINGTON PARENT RESOURCE CENTER PROJECT HOPE PRUDENCE CRANDALL CENTER QSAC RAINBOW CHILD DEVELOPMENT CENTER RAISING A READER MASSACHUSETTS REACH OUT AND READ READ TO A CHILD REBUILDING TOGETHER NEW BRITAIN REBUILDING TOGETHER OF MANCHESTER RED HOOK INITIATIVE REGIONAL ENVIRONMENTAL COUNCIL RESOURCE: A NONPROFT COMMUNITY ENTERPRISE ROCA RONALD MCDONALD HOUSE CHARITIES OF BURLINGTON RONALD MCDONALD HOUSE CHARITIES OF CONNECTICUT & WESTERN MASSACHUSETTS RONALD MCDONALD HOUSE CHARITIES OF MAINE SACRED HEART UNIVERSITY SAFE FUTURES SAFE HARBORS OF THE HUDSON SAINT CATHERINE CENTER FOR SPECIAL NEEDS SAMARITAN HOUSE SARA M. HOLBROOK COMMUNITY CENTER SCIENCE FROM SCIENTISTS SCORE PORTLAND SEEDS OF HOPE SHARE OUTREACH SHELTER FROM THE STORM SHELTER OF THE CROSS SHEPHERDS SKILLS21 AT EDADVANCE SOCIETY OF ST. VINCENT DE PAUL EXETER SOLAR YOUTH SOUNDWATERS SOUTH MIDDLESEX OPPORTUNITY COUNCIL SOUTHEASTERN VERMONT COMMUNITY ACTION SOUTHERN MAINE AGENCY ON AGING SPECIAL OLYMPICS CONNECTICUT SPECIAL OLYMPICS MAINE SPECIAL OLYMPICS MASSACHUSETTS SPECIAL OLYMPICS NEW HAMPSHIRE SPECIAL OLYMPICS VERMONT SPECTRUM YOUTH & FAMILY SERVICES SPRINGFIELD BOYS & GIRLS CLUB SPRINGFIELD COLLEGE SPRINGFIELD DAY NURSERY CORP ST. FRANCIS HOUSE ST. JOSEPH COMMUNITY SERVICES ST. MARTIN DE PORRES ACADEMY ST. VINCENT S MEDICAL CENTER FOUNDATION STARBASE VERMONT STERLING HOUSE COMMUNITY CENTER STERN CENTER FOR LANGUAGE AND LEARNING STRAIGHT AHEAD MINISTRIES STROLLING OF THE HEIFERS SUPPORTIVE HOUSING WORKS SUSAN B. ANTHONY PROJECT THAMES RIVER COMMUNITY SERVICE THAMES VALLEY COUNCIL FOR COMMUNITY ACTION THE AMERICAN RED CROSS OF MASSACHUSETTS THE BRIDGE ACADEMY CHARTER SCHOOL THE BRIDGEPORT PUBLIC EDUCATION FUND THE CARE CENTER THE CENTER FOR ARTS EDUCATION THE CENTER FOR FAMILY JUSTICE THE CHARTER HOUSE COALITION THE CHILDRENS MUSEUM THE DOE FUND THE ECOLOGY SCHOOL THE FRONT DOOR AGENCY THE GRANITE YMCA THE GRAY HOUSE THE GUIDANCE CENTER OF WESTCHESTER THE HOLE IN THE WALL GANG FUND THE IRIS NETWORK THE JUSTICE EDUCATION CENTER THE KENNEDY CENTER THE LITERACY PROJECT THE MENTOR CONNECTOR THE OPPORTUNITY ALLIANCE THE STEPPINGSTONE FOUNDATION THE VILLAGE FOR FAMILIES & CHILDREN THE VISCARDI CENTER THE WORKPLACE TODAY S STUDENTS TOMORROW S TEACHERS TRI-COUNTY LITERACY TRINITY COMMUNITY CONNECTION TUTORING PLUS OF CAMBRIDGE UASPIRE UMBRELLA UNITED WAY* UPPER VALLEY HAVEN URBAN EDGE URBAN IMPACT OF BLACK ROCK UTEC VERMONT COMMUNITY LOAN FUND VERMONT FOODBANK VERMONT WORKS FOR WOMEN VERMONT YOUTH CONSERVATION CORPS VETERANS SUPPORT FOUNDATION VNA HOME HEALTH SERVICES WAKEMAN MEMORIAL ASSOCIATION WEBSTER HOUSE WESTCHESTER ARTS COUNCIL INC WESTCHESTER EXCEPTIONAL CHILDREN S SCHOOL WHOLESOME WAVE WINDHAM AREA HABITAT FOR HUMANITY WINDHAM CHILD CARE ASSOCIATION WOMEN AND FAMILIES CENTER WOMEN S BUSINESS DEVELOPMENT COUNCIL WOMEN S ENTERPRISE DEVELOPMENT CENTER WOMEN S INSTITUTE FOR HOUSING & ECONOMIC DEVEL- OPMENT WOMEN S MENTORING NETWORK WORCESTER INTERFAITH WORCESTER STATE FOUNDATION WORCESTER YOUTH CENTER WYANDANCH HOMES AND PROPERTY DEVELOPMENT CORPORATION X-CEL YEAR UP YMCA OF CENTRAL AND NORTHERN WESTCHESTER YMCA OF CENTRAL MASSACHUSETTS YMCA OF GREATER NASHUA YMCA OF GREATER NEW YORK YMCA OF GREATER SPRINGFIELD YMCA OF METROPOLITAN HARTFORD YMCA OF STAMFORD YWCA OF CENTRAL MASS YWCA WHITE PLAINS & CENTRAL WESTCHESTER ZACK S PLACE ENRICHMENT CENTER *Total of 55 United Way community-based affiliates received funding through the People s United Employee Giving Campaign and matching contributions from PUCF. PEOPLE S UNITED COMMUNITY FOUNDATION OF EASTERN MA: ACTION FOR BOSTON COMMUNITY DEVELOPMENT ALLSTON BRIGHTON COMM DEV CORP ANNA JAQUES COMMUNITY HEALTH FOUNDATION INC BAY STATE READING INSTITUTE BEVERLY BOOTSTRAPS COMMUNITY SERVICES INC BEVERLY CHILDRENS LEARNING CENTERS INC BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM INC BOSTON TRINITY ACADEMY INC BOYS AND GIRLS CLUB OF GREATER SALEM INC BOYS AND GIRLS CLUBS OF BOSTON INC BUILDING A BETTER BEVERLY INC BUSINESSES UNITED IN INVESTING LENDING AND DEVELOPMENT CARE DIMENSIONS INC CARITAS COMMUNITIES INC CHELSEA COLLABORATIVE INC CHELSEA RESTORATION CORPORATION CITIZENS INN INC CITY MISSION INC CITYSPROUTS INC COMMUNITY SERVINGS INC COMMUNITY YOUNG MENS CHRISTIAN ASSOC OF DANVERS MA INC DANVERS HIGH SCHOOL ENDICOTT COLLEGE ENGLISH AT LARGE INC ESSEX COUNTY COMMUNITY FOUNDATION INCORPORATED FAMILY PROMISE NORTH SHORE BOSTON INC FAMILYAID BOSTON INC FENWAY COMMUNITY DEVELOPMENT CORP FOOD PROJECT INC FRIENDS FOREVER FRIENDS OF ENDICOTT PARK INC FRIENDS OF NORTHSHORE EDUCATION CONSORTIUM INC HEALTH CARE WITHOUT WALLS INC HOUSING FAMILIES INC JEANNE GEIGER CRISIS CENTER INC JUMPSTART FOR YOUNG CHILDREN INC JUSTICE RESOURCE INSTITUTE INC LANDMARK SCHOOL INC LAZARUS HOUSE INCORPORATED LOCAL INITIATIVES SUPPORT CORPORATION MALDEN CATHOLIC HIGH SCHOOL MASSACHUSETTS COALITION FOR THE HOMELESS INC MASSACHUSETTS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION MERRIMACK COLLEGE MINISTERIO LOS MILAGROS DE JESUS INC DBA FOOD FOR THE WORLD INC MISSION OF DEEDS INC MONTSERRAT COLLEGE OF ART INC MORGAN MEMORIAL GOODWILL INDUSTRIES INC MYSTIC VALLEY ELDER SERVICES INC NATIONAL BRAILLE PRESS INC NEW ENGLAND AQUARIUM CORPORATION NORTH SHORE COMMUNITY DEVELOPMENT COALITION INC NORTHEAST HOSPITAL CORPORATION PATHWAYS FOR CHILDREN INC PEER HEALTH EXCHANGE INC PINE STREET INN INC PINGREE SCHOOL INC PLUMMER YOUTH PROMISE INC ROOM TO GROW NATIONAL INC ROOT NS INC SENIORCARE INC ST. JOHN S PREPARATORY SCHOOL STRONGWATER FARM THERAPEUTIC EQUESTRIAN CENTER INC SUMMER SEARCH BOSTON TAILORED FOR SUCCESS TEACH FOR AMERICA - BOSTON THE MALDEN YOUNG MENS CHRISTIAN ASSOCIATION THE NEIGHBORHOOD DEVELOPERS INC THE OPEN DOOR CAPE ANN FOOD PANTRY INC TOWN OF DANVERS TRIANGLE INC VICTORY PROGRAMS INC VIETNAM VETERANS WORKSHOP INC WELLSPRING HOUSE INC WENHAM HISTORICAL ASSOCIATION & MUSEUM INC WINDRUSH FARM THERAPEUTIC EQUITATION INC WOMENS LUNCH PLACE INC WRITEBOSTON INC YMCA OF THE NORTH SHORE INC 12 PEOPLES UNITED BANK 13

9 GRANT ALLOCATION & IMPACT FINANCIALS PEOPLE S UNITED COMMUNITY FOUNDATION, INC. More than 650 grant applications received* 511 nonprofit organizations received funding* STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2017 (UNAUDITED) ASSETS Cash and Cash Equivalents $ 2,292,697 Investments, at market value $ 54,898,176 Other Assets $ 98,157 Total Assets $ 57,289,030 Total Assets $ 57,289,030 PUCF Funding Allocation by Focus Area PUCF EM Funding Allocation by Focus Area $3.5 million awarded in grants* 17% 29% 7% 3% 22% 32% 54% 36% Community & Economic Development Youth Development Affordable Housing Education Social, Health, & Youth Services Low & Moderate Income Affordable Housing Arts & Culture LIABILITIES Accrued Expenses $ 12,452 Excise Tax Payable $ 1,449 Total Liabilities $ 13,901 Net Assets $ 57,275,129 Total Liabilities & Net Assets $ 57,289,030 STATEMENT OF REVENUE AND EXPENDITURES FOR YEAR ENDED DECEMBER 31, 2017 (UNAUDITED) REVENUE Interest and Dividend Income $ 1,437,817 Net Gains and Losses $ 3,982,871 Other Income $ 252,250 Total Revenue $ 5,672,938 EXPENDITURES Grants $ 2,762,883 Administrative Expenses $ 243,331 Other Expenses $ 252,250 Total Expenses $ 3,258,464 Net Revenue $ 2,414,474 *Collective impact of PUCF and PUCF EM 14 PEOPLES UNITED BANK 15

10 FINANCIALS PEOPLE S UNITED COMMUNITY FOUNDATION, INC. EASTERN MASSACHUSETTS STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2017 (UNAUDITED) ASSETS Cash and Cash Equivalents $ 668,721 Investments, at market value $ 16,271,374 Other Assets $ 8,888 Total Assets $ 16,948,983 Total Assets $ 16,948,983 LIABILITIES Accrued Expenses $ 7,050 Total Liabilities $ 7,050 Net Assets $ 16,941,933 Total Liabilities & Net Assets $ 16,948,983 STATEMENT OF REVENUE AND EXPENDITURES FOR YEAR ENDED DECEMBER 31, 2017 (UNAUDITED) REVENUE Interest and Dividend Income $ 654,219 Net Gains and Losses $ (314,383) Total Revenue $ 339,936 EXPENDITURES Grants $ 733,750 Administrative Expenses $ 49,065 Total Expenses $ 782,815 Net Revenue $ (442,879) FOOTPRINT & GIVING GUIDELINES Geographic Areas Served People s United Community Foundation distributes grants in the communities where People s United Bank branches are located, including cities and towns throughout Connecticut, New York, Massachusetts*, Vermont, New Hampshire, and Maine. People s United Community Foundation of Eastern Massachusetts provides funding to eligible nonprofit organizations within various communities of Eastern Massachusetts, including: Andover, Beverly, Boston, Boxford, Burlington, Chelsea, Danvers, Hamilton, Ipswich, Lynnfield, Malden, Middleton, Newbury, Newburyport, North Andover, North Reading, Peabody, Reading, Revere, Rowley, Salem, Saugus, Topsfield, Wakefield, Wenham, Wilmington, and Woburn. *To confirm eligibility, organizations located or operating within Massachusetts should review our giving guidelines for both foundations prior to submitting a grant request. Giving Guidelines People s United Community Foundation and People s United Community Foundation of Eastern Massachusetts support 501(c)3 public charities that operate in the communities we serve. Only one grant application per year is accepted by either People s United Community Foundation or the People s United Community Foundation of Eastern Massachusetts. Organizations are not eligible to receive a grant from both foundations during the same year. Both Foundations operate on a trimester grant cycle, and accept only one grant application from an organization per 12-month period. For more information on our giving guidelines and grant application process, visit 16 PEOPLES UNITED BANK 17

11 FOUNDATION MEMBERS FOUNDATION MEMBERS PEOPLE S UNITED COMMUNITY FOUNDATION BOARD OF DIRECTORS PEOPLE S UNITED COMMUNITY FOUNDATION OF EASTERN MASSACHUSETTS BOARD OF DIRECTORS JACK P. BARNES Chairman KEVIN T. BOTTOMLEY President GEORGE P. CARTER DIANE C. BRINKLEY ROBERT R. D AMORE JOHN T. DAWLEY ROBERT B. DANNIES, JR. THOMAS FORD EUNICE S. GROARK MATT HEGARTY SARA M. LONGOBARDI ELEANOR M. HERSEY RICHARD LARKIN OFFICERS J. MICHAEL O BRIEN KAREN T. GALBO LIA T. MARTINO Executive Director Admin and Grants Specialist DIANE T. STRINGER PATRICK J. SULLIVAN MARINA HENNINGER JOHN B. EAGAN Treasurer Secretary OFFICERS HOWARD C. BLUVER KAREN T. GALBO Executive Director ARTHUR F. CASAVANT PATRICK J. SULLIVAN Treasurer MICHAEL J. CASPARINO THOMAS FORD Clerk ARMANDO F. GONCALVES JACK GOOD Community Relations KATHLEEN E. JONES REBECCA S. SKERRY Administration DIANNE M. MERCIER MICHAEL L. SEAVER PATRICK J. SULLIVAN DANIEL P. THORNTON LIAISONS DESPINA CIFU Westchester/Hudson Valley, NY KEVIN DOUGHERTY Greater New Haven, CT DIANNE KENT Greater Norwich, CT ANITA NIGREL Long Island, NY STEVEN SANTINO Long Island, NY ELIZABETH PIERSON Massachusetts KATHY SCHIRLING Vermont, New Hampshire VALERIE SENEW Greater Fairfield County, CT KATIE SHOREY Maine 18 PEOPLES UNITED BANK 19

12 CULTURE OF GIVING BACK CONTACT US Collective Impact Through our collective giving, volunteer efforts and non-profit partnerships, our mission is to improve, and directly contribute to the social, financial and economic well-being of the communities we serve each year, and 2017 was no exception. Through our two foundations, we awarded more than $3.5 million in grants to more than 500 non-profit organizations throughout our footprint. In addition to the Foundations grants, People s United Bank donations, sponsorships and employee contributions of more than $4.5 million, generated a collective impact of nearly $8 million. We also provided more than $98.4 million in Equity investments in Affordable Housing and SBA loans in support of economic and community development initiatives. To help in the recovery and rebuilding efforts, our Foundation made a $50,000 donation to the American Red Cross, in addition to employee donations and fundraising activities in response to the record 2017 hurricane season. We also donated more than $624,000 to local United Ways and member agencies through employee donations and matching contributions during the People s United Annual United Way Giving Campaign; a partnership that spans more than 80 years. Together, the banks and foundations giving and investment efforts generated an impact of more than $106 million in our communities, a milestone we can all be proud of. PEOPLE S UNITED BANK 850 Main Street Bridgeport, CT PEOPLE S UNITED COMMUNITY FOUNDATION 850 Main Street Bridgeport, CT (203) FOLLOW US Foundation and Bank activities are shared through People s United Bank social media pages. twitter.com/peoplesunited s-united-bank At People s United, giving back to our communities is deeply rooted in our culture, and has been for more than 175 years. As we look to 2018, we hope to expand our non-profit partnerships and continue to support the bank s, and our employee s long-standing culture of teamwork, dedication, and to making our communities a stronger, healthier and happier place to live and work. In Charitable Contributions through the Bank and Foundations In Equity Investments in Affordable Housing Combined Impact of Bank & Foundation Giving and Investments 20 PEOPLES UNITED BANK

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