On November 8, 2023, the Board of Directors of Partners Bancorp appointed David C. Doane to serve as a member of the Board, effective November 8, 2023. In connection with his appointment to the company?s Board, the Board appointed Mr. Doane to serve as chair of the Company?s Audit & Compliance Committee and a member of the Company?s Compensation Committee. Mr. Doane will serve as a director until the 2023 annual meeting of shareholders (the ?Annual Meeting?) and will stand for election at that meeting.

If the previously announced merger between the Company and LINKBANCORP Inc. is completed before the Annual Meeting, the Annual Meeting will not occur. Mr. Doane, age 68, brings over 40 years of experience in audit, financial reporting and tax, as well as significant knowledge of community banking. Since 1986, Mr. Doane has been a certified public accountant at Jefferson, Urian, Doane & Sterner, P.A. Mr. Doane has served on the Board of Directors of The Bank of Delmarva since 2017.

From 1995 to 2003, Mr. Doane served on the Board of Directors of the Baltimore Trust Company. From 2003 to 2007, Mr. Doane served on the Board of Directors of the Mercantile Peninsula Bank. Mr. Doane also served on the Sussex County Advisory Board for WSFS Financial Corporation from 2007 to 2010.

On November 6, 2023, Mark L. Granger notified the Company of his resignation from the Board, effective November 8, 2023. Mr. Granger has served as a director of the Company since 1999. Mr. Granger will continue to serve as a director of the Bank.