Tranche Update on Investors Bancorp, Inc.'s Equity Buyback Plan announced on October 25, 2018.

Investors Bancorp, Inc. is the holding company for Investors Bank (the Bank). The Company is focused on generating relationship-based core deposits, including savings, checking and money market accounts. The Bank is in the business of attracting deposits from the public through its branch network and a secure online channel and borrowing funds in the wholesale markets to originate loans and to invest in securities. The Bank originates multi-family loans, commercial real estate loans, commercial and industrial (C&I) loans, one-to four- family residential mortgage loans secured by one- to four-family residential real estate, construction loans and consumer loans, the majority of which are cash surrender value lending on life insurance contracts, home equity loans and home equity lines of credit. Its securities primarily mortgage-backed securities, the United States Government and Federal Agency obligations, and other securities.