Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.34 per share payable on May 17, 2023 to shareholders of record on May 10, 2023. This dividend is consistent with the previous linked quarter and the second quarter of 2022.

About Sandy Spring Bancorp, Inc./Sandy Spring Bank

Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank, a premier community bank in the Greater Washington, D.C. region. With over 50 locations, the bank offers a broad range of commercial and retail banking, mortgage, private banking, and trust services throughout Maryland, Virginia, and Washington, D.C. Through its subsidiaries, Rembert Pendleton Jackson  and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of wealth management services.

For additional information or questions, please contact:

Daniel J. Schrider, President & Chief Executive Officer, orPhilip J. Mantua, Executive V.P. & Chief Financial OfficerSandy Spring Bancorp17801 Georgia AvenueOlney, Maryland 208321-800-399-5919E-mail: DSchrider@sandyspringbank.com             PMantua@sandyspringbank.com Website: www.sandyspringbank.com   

Media Contact:Jen Schell301-570-8331jschell@sandyspringbank.com

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