Management Change/Compensation Form 8 K

On July 16, 2024, TrustCo Bank Corp NY (the "Company" or "TrustCo") announced the appointment of Robert M. Leonard as the Chief Operating Officer of the Company and the Company's principal subsidiary, Trustco Bank, effective July 16, 2024. Mr. Leonard, age 61, has served as Executive Vice President Corporate Services and Risk for the Company and Trustco Bank since 2013. Prior to that time, he has held various roles at the Company and Trustco Bank since joining the Company in 1986, including Senior Vice President of TrustCo and Trustco Bank from 2010 to 2013, Secretary of TrustCo and Trustco Bank from 2003 to 2006 and 2009 to 2016, and Assistant Secretary of TrustCo and Trustco Bank from 2006 to 2009. Mr. Leonard has served as an executive officer of TrustCo and Trustco Bank since 2003.

There are no arrangements or understandings between Mr. Leonard and any other persons pursuant to which he was appointed as Chief Operating Officer of the Company and Trustco Bank. There is no family relationship existing between Mr. Leonard and any executive officer or director of the Company, and there are no related party transactions between the Company and Mr. Leonard that would require disclosure under Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended. There have been no material changes to Mr. Leonard's compensation arrangements with the Company, which are described in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 1, 2024 (under the heading "Executive Compensation"), in connection with this appointment.

-2-