Names and Biographies of Directors - As of March, 2008

All members of the Board of Directors of People's United Bank are also members of the Board of Directors of the Bank's holding company, People's United Financial, Inc. (the "Company").

Collin P. Baron is a member of the law firm of Pullman & Comley, LLC. He has been affiliated with the firm since 1973. Mr. Baron became a director of People's United Bank in 2001. He is Chairman of the Bank's Treasury and Finance Committee and serves as a member of its Executive and Loan Review Committees. He is also a member of the Company's Executive Committee.

George P. Carter is the President of Connecticut Foods, Inc. Mr. Carter was first elected to the Bank's Board of Directors in 1976. He is the non-executive Chairman of the Board of the Bank and the Company. He is the Lead Director of the Company's Board of Directors and is Chairman of its Audit and Executive Committees. Mr. Carter is also a member of the Company's Compensation and Nominating Committee. He is Chairman of the Bank's Executive and Audit Committees and serves as a member of its Human Resources, Loan Review and Operational Risk Committees.

John K. Dwight became a member of the Board of Directors effective January 1, 2008, immediately following the Company's merger with Chittenden Corporation. Prior to the merger, Mr. Dwight was a director of Chittenden Corporation, having served in that capacity since 1999. He is the founder and former Chairman of Dwight Asset Management Company. He is a graduate of the University of North Carolina in Chapel Hill, North Carolina. Mr. Dwight is a Director of Old Mutual Asset Management US Holdings, Inc., a past Director of United Asset Management Company, Resolution, Inc., the Vermont Business Roundtable and a founding member of the Vermont Security Analysts Chapter. In addition, Mr. Dwight is a Trustee of St. Lawrence University, the Shelburne Museum and the Vermont Folklife Center. Mr. Dwight is a member of the Bank's Treasury and Finance Committee.

Jerry Franklin is the President and Chief Executive Officer of Connecticut Public Broadcasting, Inc., a position he has held since 1985. Mr. Franklin was first elected to the Bank's Board of Directors in 1997 and is a member of its Audit, Executive and Human Resources Committees. He is the Chairman of the Loan Review Committee. He is also a member of the Company's Audit, Executive, and Compensation and Nominating Committees.

Eunice S. Groark, an attorney, served as Lieutenant Governor of the State of Connecticut from 1991 until January, 1995. She currently serves as a Trustee of the Phoenix Edge Series Funds. Mrs. Groark was first elected to the Bank's Board of Directors in 1995. She is Chairman of its Trust Committee and a member of its Executive, Treasury and Finance, and Operational Risk Committees. She is also a member of the Company's Executive Committee.

Janet M. Hansen was employed as Executive Vice President of Aquarion Company, a diversified water management company, from 1995 until her retirement in March 2005. Mrs. Hansen served as Aquarion Company's Chief Financial Officer from 1992 through 1999. She was President and Chief Executive Officer of Aquarion Company's principal operating subsidiary, Aquarion Water Company, from 2000 to 2003. Mrs. Hansen continues to serve as a director of Aquarion Water Company of Connecticut. She became a member of the Bank's Board of Directors in 2004 and is a member of its Audit, Operational Risk, and Trust Committees. She is also a member of the Company's Audit Committee. She serves on the Board of Directors of Bridgeport Hospital and of the University of Connecticut Foundation.

Richard M. Hoyt is President and Chief Executive Officer of Chapin & Bangs Co., a steel service center, and is Chairman and Chief Executive Officer of Lindquist Steels, Inc., a distributor of tool steel. Mr. Hoyt has been a member of the Bank's Board of Directors since 2002 and is a member of its Audit, Treasury and Finance, and Trust Committees. He is also a member of the Company's Audit Committee. He is a Director of Bridgeport Hospital.

Jeremiah J. Lowney, D.D.S. is an orthodontist whose practice has been based in the Norwich, Connecticut area for more than 30 years. Dr. Lowney has also served since 1982 as the President of the Haitian Health Foundation, a health care facility that provides humanitarian health services in Haiti. He has been a member of the Board of Directors of People's United Bank since 1998 and is a member of its Audit, Loan Review, and Operational Risk Committees. He is a member of the Company's Audit Committee.

Mark W. Richards became a member of the Board of Directors effective January 1, 2008, immediately following the Company's merger with Chittenden Corporation. He was a director of Chittenden Corporation from 1999 until its merger with the Company. He served as a director of Vermont Financial Services Corporation from 1988 through 1999. He graduated from Williams College and served for three years as a United States Naval officer. He is President of The Richards Group, an insurance and financial services firm, in Brattleboro, Vermont and is currently a Trustee of the Brattleboro Development Credit Corp. and a corporator of Brattleboro Memorial Hospital. Mr. Richards is a member of the Bank's Operational Risk Committee.

Philip R. Sherringham was appointed President and Chief Executive Officer of People’s United Bank on February 6, 2008. He also continues to serve as Chief Financial Officer, which is the position he has held since joining People’s United in 2003. Mr. Sherringham was elected to the Board of Directors on February 6, 2008 and is a member of the Bank’s Treasury and Finance Committee.

James A. Thomas served as Associate Dean at Yale Law School from 1969 until his retirement in 2004, and served as master of Saybrook College of Yale University from 1990 to 1996. Mr. Thomas was elected to the Board of Directors of People's United Bank in 1997. He is Chairman of the Company's Compensation and Nominating Committee and a member of its Executive Committee. He is also Chairman of the Bank's Human Resources Committee and a member of its Executive, Loan Review and Trust Committees. Mr. Thomas is a director of UIL Holdings Corporation, the holding company for the United Illuminating Company.