New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced the appointment of Alessandro (Sandro) DiNello as Executive Chairman effective immediately.

In addition to continuing his role on the Board, Mr. DiNello will work alongside President and CEO, Thomas R. Cangemi, and the rest of the senior executive leadership team, to improve all aspects of the Bank's operations.

Most recently, Mr. DiNello has served as the non-executive chairman of the board after joining the Company following the completion of the Flagstar bank acquisition in December 2022. Previously, he was President and CEO of Flagstar Bank since 2013.

Conference Call Information

The Company will host a conference call to discuss these changes at 8:30 a.m. (Eastern Time) on Wednesday, February 7, 2024. The conference call may be accessed by dialing (877) 407-8293 (for domestic calls) or (201) 689-8349 (for international calls) and asking for "New York Community Bancorp" or "NYCB". A replay will be available approximately three hours following completion of the call through 11:59 pm on February 11, 2024 and may be accessed by calling (877) 660-6853 (domestic) or (201) 612-7415 (international) and providing the following conference ID: 13744481. In addition, the conference call will be webcast at ir.myNYCB.com, and archived through 5:00 p.m. on March 6, 2024.