On March 15, 2021, the Board of Directors of Old Point Financial Corporation was informed of the decision of director James R. Chisman to not stand for re-election at the company's annual meeting on May 25, 2021. Mr. Chisman's service on the boards of the company's wholly owned subsidiaries, The Old Point National Bank of Phoebus (the Bank) and Old Point Trust & Financial Services, N.A. (Old Point Trust), will also cease effective May 25, 2021. Mr. Chisman's decision was based on personal reasons and was not a result of any disagreement between Mr. Chisman and the company on any matter relating to the company's operations, policies, or practices. The Board appreciates Mr. Chisman's dedicated service and valuable contributions during his almost 20 years as a director. On March 16, 2021, the Board appointed Elizabeth S. Wash as a director of the Company and the Bank, effective immediately. Ms. Wash currently serves and will continue to serve as a board member of Old Point Trust. Ms. Wash has not yet been appointed to any committees of the Board.