Effective January 1, 2024, Community Bancorp. (the Company) Vice President Christopher L. Caldwell, age 58, has been appointed to the Boards of Directors of the Company and its wholly owned subsidiary, Community National Bank (the Bank). Mr. Caldwell will join the class of directors whose term expires at the Company?s 2024 Annual Meeting of Shareholders; at which time he will stand for election to a three-year term. He will serve on the Company?s Corporate Governance and Risk Management committees. The appointments, effective on January 1, 2024, were approved on November 15, 2023, by unanimous votes of the Boards of Directors of the Company and the Bank. Since April 2021, Mr. Caldwell has served as Vice President of the Company and Executive Vice President and Chief Lending Officer at the Bank. From April 2020 to April 2021, Mr. Caldwell served as Senior Vice President, Head of Indiana Commercial/Business Banking for Northwest Bank in Indiana. From September 2005 to April 2020, he served as Senior Vice President Commercial and Business Banking for MutualBank (formerly known as Mutual Saving Bank), acquired by Northwest Bank in April 2020.

Prior experience from 1996 to 2005 includes as a commercial banker for Star Financial Bank and Madison Community Bank, as well owner and consultant with TKC Business Success Group, all in Indiana.