The following individuals serve on the Board of Directors of the Federal Home Loan Bank of Boston.

Andrew J. Calamare
President and Chief Executive Officer
Life Insurance Association of Massachusetts
Boston, Massachusetts

Joan Carty
President and Chief Executive Officer
Housing Development Fund
Stamford, Connecticut

Stephen F. Christy
President and Chief Executive Officer
Mascoma Savings Bank, FSB
Lebanon, New Hampshire

Patrick E. Clancy
President and Chief Executive Officer
The Community Builders, Inc.
Boston, Massachusetts

Steven A. Closson
President and Chief Executive Officer
Androscoggin Savings Bank
Lewiston, Maine

Arthur R. Connelly
Chairman
South Shore Savings Bank
South Weymouth, Massachusetts

Peter F. Crosby
President and Chief Executive Officer
Passumpsic Savings Bank
St. Johnsbury, Vermont

John T. Eller
Newbury, New Hampshire

John Goldsmith
Partner
Roseview Securities LLC
Boston, Massachusetts

Cornelius K. Hurley
Director
Morin Center for Banking and Financial Law
Boston University School of Law
Boston, Massachusetts

A. James Lavoie
Trustee
Middlesex Savings Bank
Natick, Massachusetts

Mark E. Macomber
President and Chief Executive Officer
Litchfield Bancorp
Litchfield, Connecticut

Jay F. Malcynsky
Managing Partner
Gaffney Bennett & Associates
New Britain, Connecticut

Kevin M. McCarthy
President and Chief Executive Officer
Newport Federal Savings Bank
Newport, Rhode Island

Jan A. Miller
President and Chief Executive Officer
Wainwright Bank & Trust Company
Boston, Massachusetts

Helen Frame Peters
Professor of Finance
Carroll School of Management
Boston College
Chestnut Hill, Massachusetts

R. David Rosato
Senior Vice President & Treasurer
People's United Financial Corporation
Bridgeport, Connecticut

Robert F. Verdonck — Chairman of the Board
Director
The Savings Bank Life Insurance Company of Massachusetts
North Reading, Massachusetts