Peapack-Gladstone Bank Appoints Heidi H. Smith, Esq. as Senior Vice President, General Counsel and Corporate Secretary

Bedminster, NJ – (NewMediaWire) – February 8, 2022 – Peapack-Gladstone
Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone
Bank are proud to announce the appointment of Heidi H. Smith, Esq. as Senior
Vice President, General Counsel and Corporate Secretary at Peapack-Gladstone
Bank.  Working out of the Bank’s Headquarters in Bedminster, New Jersey,
Ms. Smith is responsible for overseeing all legal affairs of the Company in
addition to providing advice to the Bank’s executive team on all matters of law
and policy.

An accomplished corporate attorney,
Ms. Smith previously served as Assistant General Counsel at the Bank, focusing
primarily on providing legal support to Peapack Capital, the Bank’s equipment
finance subsidiary.  Ms. Smith worked with the sales, operations, and
credit functions in developing and implementing necessary legal policies, and
was also responsible for the drafting and reviewing of legal documentation for
various types of equipment financing, commercial lending and community bank
transactions.  Previously, Ms. Smith held legal positions at Santander
Bank, N.A., ADP, Inc. where she provided legal support for ADP’s Corporate
Marketing and Time and Labor Management divisions, and as Chief Counsel, Vendor
Finance Americas, at CIT Group Inc. where she developed and drafted global
financing vendor program agreements and negotiated and structured complex
domestic and international equipment finance, syndication and financing

Ms. Smith earned a Bachelor of
Arts Degree in Political Science, Cum Laude, from the University of
Massachusetts/Amherst.  She received a Juris Doctor from Fordham
University School of Law and is licensed to practice law in Connecticut, New
York and Pennsylvania, in addition to having an In-House Limited License in New

the Company

Founded in 1921,
Peapack-Gladstone Financial Corporation is a NJ bank holding company with total
assets of $6.1 billion and assets under management/administration of $11.1
billion as of December 31, 2021.  Peapack-Gladstone Bank is a commercial
bank that provides innovative wealth management, investment banking, commercial
and retail solutions, including residential lending and online platforms to
businesses and consumers.  Peapack Private, the Bank’s wealth management
division, offers comprehensive financial, tax, fiduciary and investment advice,
and solutions, to individuals, families, privately held businesses, family
offices and not-for-profit organizations, which help them establish, maintain,
and expand their legacy.  Together, Peapack-Gladstone Bank and Peapack
Private offer an unparalleled commitment to client service.  Visit and for
more information.

Contact:  Rosanne Schwab,
Peapack-Gladstone Bank, Assistant Vice President, Public Relations and
Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster,
NJ  07921, (908) 719-6543.