AUDIT COMMITTEE CHARTER WSFS Financial Corporation (the "Company" or "holding company"), the holding company of Wilmington Savings Fund Society, FSB ("WSFS Bank"), has created a Committee of the Board of Directors of the Company (the "Board") to be known as the AUDIT COMMITTEE (the "Committee") with its purpose, membership, term of membership, meetings, and duties and responsibilities as follows: PURPOSE The primary objective of the Committee will be to assist the Board in fulfilling its fiduciary responsibilities relating to internal control over financial reporting, disclosure controls and procedures, and other internal controls of the Company, WSFS Bank, and all related subsidiaries. In addition, the Committee will: