Mansfield, Pennsylvania (June 2, 2026) The Board of Directors of Citizens Financial Services, Inc. (Nasdaq: CZFS), the bank holding company for First Citizens Community Bank (FCCB), today declared a quarterly cash dividend of $0.51 per share.

The cash dividend of $0.51 per share is payable on June 26, 2026, to shareholders of record at the close of business on June 12, 2026. This quarterly cash dividend is an increase of 4.0% over the regular cash dividend of $0.49 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2025.

“A consistent dividend is a core component of the value we return to our shareholders,” said Randall E. Black, President and CEO. “Our ability to maintain dependable payouts year after year, regardless of broader market fluctuations, is a direct result of our disciplined approach to growth. This distribution underscores the ongoing strength of our balance sheet and our ability to remain a reliable financial anchor for our communities and a trusted investment for our shareholders.”

Citizens Financial Services, Inc. is a $3.1 billion bank holding company that operates through First Citizens Community Bank. Based in Mansfield, Pennsylvania, FCCB operates 39 community offices strategically positioned across Pennsylvania, New York, Delaware, and New Jersey.

For further information regarding the common stock of Citizens Financial Services, Inc., please contact any of the following firms:  Automated Trading Desk, 866-283-2831; Boenning & Scattergood, Inc., 800-842-8928; Keefe, Bruyette & Woods, Inc., 800-342-5529; Monroe Securities Inc., 800-766-5560; Pershing LLC, 201-413-2700; RBC Capital Markets Corp., 800-959-5951; Sandler O’ Neill & Partners, 212-466-8020; Stifel, Nicolaus & Co., Inc., 973-549-4200; UBS Securities, LLC, 203-719-8710.

Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.

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