Prosperity Bancshares, Inc. announced several changes to its Board of Directors. On October 4, 2022, Bruce W. Hunt and George A. Fisk, directors of Prosperity, notified the Board that each will resign as a director effective as of the close of business on October 5, 2022. The decisions of Mr. Hunt and Mr. Fisk to resign from the Board were for personal reasons and not the result of any dispute or disagreement with Prosperity on any matter relating to its operations, policies or practices.

On October 5, 2022, the Board, upon recommendation of the Nominating and Corporate Governance Committee of the Board, voted to appoint Dr. Laura Murillo as a Class II Director and Ileana Blanco as a Class III Director effective as of the close of business on October 5, 2022. Each of Dr. Murillo and Ms. Blanco will serve until Prosperity's 2023 Annual Meeting of Shareholders. Ms. Blanco has had extensive experience with financial institutions and in leadership positions throughout her career.

For over 35 years she has represented banks in complex commercial litigation and counseled their officers and directors. A champion for diversity, Ms. Blanco served two terms as the President of the Houston Association of Women Attorneys and is currently a director on the Hispanic Bar Association of Houston. As a certified mediator, Ms. Blanco volunteers with the Harris County Disputes Resolution Center to help pro bono litigants settle their disputes.

Ms. Blanco was one of the founders of the Houston office of global law firm DLA Piper and served as its managing partner for eight years. Before that, she was a partner at Bracewell LLP, and served on its Management Committee. Dr. Murillo has served as the President and CEO of the Houston Hispanic Chamber of Commerce since 2007.

From 2003 to 2007, Dr. Murillo served as a senior executive and oversaw fundraising, capital campaign development and international services, among other areas, for the Memorial Hermann Healthcare System. Prior to 2003, Dr. Murillo served as a University of Houston executive for 14 years in a variety of roles, including University Advancement for the School of Business and University Recruitment and Retention of Minorities. Dr. Murillo currently serves on the Federal Reserve System'sCommunity Advisory Council, which reports to the Board of Governors, and the Federal Reserve Bank of Dallas Business and Community Advisory Council, among other organizations.

She is the author of LEAD IN LIFE, People. Passion. Persistence: Success in the New Era of Diversity, Equity and Inclusion.