Enterprise Financial Services Appoints Michael E. Finn to Strengthen Board and Strategic Vision

Enterprise Financial Services Welcomes New Board Member to Enhance Strategic Vision

Enterprise Financial Services Corp (Nasdaq: EFSC), a prominent player in the financial services sector with approximately $15.0 billion in assets, makes a significant move by appointing Michael E. Finn as a director of both the Company and its wholly owned subsidiary, Enterprise Bank & Trust. This appointment is effective immediately and signals a strategic effort to bolster the Board’s capabilities. Michael A. DeCola, the Chairman of the Board, expresses optimism about Finn's extensive financial services experience, particularly in risk management and regulatory compliance. DeCola believes that Finn's expertise is vital for the Board’s ability to navigate the complexities of the financial landscape while enhancing strategic planning and shareholder value.

Finn brings a wealth of experience to Enterprise Financial Services, which is crucial as the company seeks to address the evolving dynamics of the financial services industry. His background in risk management is particularly relevant, given the increasing regulatory scrutiny and the need for robust compliance frameworks in today’s banking environment. By augmenting the Board's collective skills and perspectives, Finn's addition is expected to contribute to more informed decision-making, enabling the company to better position itself in a competitive market. This strategic enhancement comes at a time when financial institutions are under pressure to innovate and adapt to changing consumer preferences and regulatory requirements.

The operational landscape for Enterprise Financial Services is robust, with its subsidiary, Enterprise Bank & Trust, providing a comprehensive array of services across multiple states. With branch offices in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico, the bank caters to both personal and business banking needs, while also offering specialized wealth management solutions. The presence of Enterprise Trust further emphasizes the company's commitment to providing tailored financial and estate planning, investment management, and trust services. As the company continues to grow, the insights and guidance from seasoned professionals like Finn will play a pivotal role in shaping its future trajectory.

In addition to his role on the Board, stakeholders can anticipate a more dynamic approach as Enterprise Financial Services continues to enhance its governance structure. The company’s focus on strategic growth, combined with Finn's expertise, positions it well to navigate the challenges and opportunities within the financial services industry.

For stakeholders and customers alike, the appointment of Michael E. Finn reaffirms Enterprise Financial Services' commitment to strong leadership and strategic foresight, ensuring that it remains a competitive force in the financial sector. Further information about the company and its offerings is available on its website at www.enterprisebank.com, which features regularly updated material for interested parties.