When we look at the try and catch we can see that we normally use catch (Exception e); but in the case of Webdriver we will have to use catch (Throwable e).

So try to use this:

public WebElement getPasswordField() {

SmallLoginLocators slogin = PageFactory.initElements(wd, SmallLoginLocators.class);
WebElement password;
try {
    password = slogin.passwordField1;
} catch (**Throwable** e) {
    password = slogin.passwordField2;
}
return password;

}

This resolved my issue.

When we look at the try and catch we can see that we normally use catch (Exception e); but in the case of Webdriver we will have to use catch (Throwable e).

So try to use this:

public WebElement getPasswordField() {
    SmallLoginLocators slogin = PageFactory.initElements(wd, SmallLoginLocators.class);
    WebElement password;
    try {
        password = slogin.passwordField1;
    } catch (**Throwable** e) {
        password = slogin.passwordField2;
    }
    return password;
}

This resolved my issue.