Commerce Bancshares, Inc. announced Messrs. John R. Capps and W. Thomas Grant, II retired from the board of directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company. Mr. Capps had been a Board member since 2000 and was a member of the Audit and Risk Committee.

Mr. Grant, II had been a Board member since 1983 and was a member of the Compensation and Human Resources Committee and of the Committee on Governance/Directors. Effective May 13, 2022, the board of directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs.

Capps and Grant. Messrs. Brauer and Chapman will serve Messrs.

Capps' and Grant's remaining terms and positions on the Board until 2023. In addition, Mr. Brauer will serve on the Audit and Risk Committee, and Mr. Chapman will serve on the Compensation and Human Resources Committee. There are no arrangements or understandings between Messrs.

Brauer and Chapman and any other person pursuant to which either was appointed to the Board, or transactions in which Messrs. Brauer and Chapman have an interest requiring disclosure under Item 404(a) of Regulation S-K. Mr. Brauer is President of Hunter Engineering Company. Mr. Chapman is President and Board Member of Barry-Wehmiller Group, Inc.