On June 5, 2019, First Financial Bancorp announced that on June 3, 2019, it entered into a Letter Agreement with Claude E. Davis, Executive Chair of the Company, relating to Mr. Davis’ request to retire as an executive officer of the Company effective December 31, 2019. Following his retirement Mr. Davis will remain in his role as chair of the Board of Directors of First Financial Bancorp, a position he has held since 2018, and chair of the Board of Directors of First Financial Bank, a position he has held since October 1, 2004. The Letter also provides that Mr. Davis has agreed to continue to provide advisory services to the Company’s management in the areas of board governance, succession planning, corporate strategy, capital allocation and deployment, investor relations, enterprise risk, and strategy for the First Financial Foundation through December 31, 2021.