On March 16, 2023, director David J. Lucchetti notified Five Star Bancorp of his intention to retire from the Company's Board of Directors (the “Board”) following the Company's upcoming 2023 Annual Meeting of Shareholders (the “2023 Annual Meeting”). Mr. Lucchetti will serve out the remainder of his term, which will expire at the 2023 Annual Meeting, at which time he will not stand for re-election. Mr. Lucchetti's decision was due to his retirement and is not the result of any disagreement with the Company.

The Board and the Company are grateful for Mr. Lucchetti's dedication and contributions to the Company during his tenure as director.