The Governance Principles of Independent Bank Corp. provide that Directors will be ineligible to serve on the Board once they attain the age of 72 and that Directors who reach that age during their elected term shall retire from the Board upon reaching the age of 72. Frederick Taw, who has served as a Director of Rockland Trust Company ("Rockland Trust") and Independent Bank Corp.

(the "Company") since 2015, will retire from the Board of Directors, effective June 8, 2022, in accordance with the Company's Governance Principles as Mr. Taw reaches the age of 72. Mr. Taw previously served as a Director of Peoples Federal Bancshares Inc. until February 2015, when it was merged with and into the Company. In connection with Mr. Taw's retirement, the size of the Board of Directors of both Rockland Trust and the Company will decrease from fifteen to fourteen and the number of Class I Directors on the Company's Board of Directors will decrease from five to four.