C. Frank Scott, III, joined the Board following the Company’s acquisition of Bay Banks in January 2021. He also serves as Chairman of VCB Financial Group, Inc., a financial services subsidiary of the Company providing trust, investment and wealth management services. Prior to the Company’s merger with Bay Banks, Mr. Scott was Chairman of the Board of Bay Banks and President of its bank subsidiary. Previously, he was President and Chief Executive Officer of Virginia BanCorp, Inc. (“Virginia BanCorp”) and its bank subsidiary, Virginia Commonwealth Bank, which were acquired by Bay Banks in April 2017. He has over 30 years of financial institution management experience, as a board member and an executive officer. Mr. Scott joined Virginia BanCorp’s bank subsidiary in 1999 and in 2001 was promoted to Executive Vice President, with oversight responsibilities of the bank’s operations, corporate development and business strategy. He was thereafter promoted to President and Chief Operating Officer in 2008, and in 2011, was appointed President and Chief Executive Officer. He is currently a member of the Board of Directors of the Appomattox Educational Foundation. Mr. Scott received his B.S. degree in Finance from Virginia Tech and his M.B.A. from the Charles F. Dolan School of Business at Fairfield University. Mr. Scott brings to the Board a significant level of management and leadership experience in all aspects of community banking.