Potomac Bancshares : Shareholder Presentation – April 2023

PTBS Board of Directors

Name		Business
Dr. Keith Berkeley	Chairman	Veterinary
Kristina Bouweiri	Board	Transportation
J. Scott Boyd	Board	Pharmacy
Norman M. Casagrande	Board	Retired, Building
Margaret M. Cogswell	Board	Hospice
Alice P. Frazier	Board, CEO	Banking
Dr. Mitesh Kothari	Board	Medical
Barbara Pichot (1)	Board	Retired, CPA
Andrew C. Skinner	Board	Attorney
William A. White	Board	Retired, CFO
Anthony P. Zelenka	Board	Retired, Hospital CEO
(1) Retiring from Board 4/2023

45%	90%
diverse	independent

1/3

Of Directors are Women

45%

Directors have been on the

Board 5 years or less

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Executive Leadership Team

Alice Frazier	Dean Cognetti	Raymond Goodrich	Tim Lewis
President & CEO	EVP & CFO	EVP, Retail and
EVP & Chief Lending Officer
Board of Director	Joined 2011	Technology Operations
Joined 2018
Joined 2017		Joined 2004

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President / CEO's Report

Alice P. Frazier

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Forward Looking Statements

A Warning about Forward-Looking Information

This presentation contains statements that are based on other than historical data and that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations or forecasts of future events and include, among others: (1) Statements with respect to the beliefs, plans, objectives, goals, guidelines, expectations, anticipations, and future financial condition, results of operations and performance of the Company and its subsidiaries (collectively "we," "our," or "us); and (2) Statements preceded by, followed by or that include the words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "projects," or similar expressions.

These forward-looking statements are not guarantees of future performance, nor should they be relied upon as representing the Company's or the Bank's views as of any subsequent date. Forward-looking statements involve significant risks and uncertainties and actual results may differ materially from those presented, either expressed or implied. Factors that might cause such differences include, but are not limited to: (1) The ability of the Company and the Bank to successfully execute its business plans, manage its risks, and achieve its objectives; (2) Changes in local, national and international political and economic conditions; (3) Changes in financial market conditions, either internationally, nationally or locally in areas in which the Company conducts its operations, including without limitation reduced rates of business formation and growth, commercial and residential real estate development and real estate prices; (4) Changes in interest rates, the quality and composition of the loan and securities portfolios, demand for loan products, deposit flows and competition; (5) Changes in fiscal, monetary, regulatory, trade and tax policies and laws, and regulatory assessments and fees; (6) Continuing consolidation in the financial services industry; (7) Legal claims against the Company; (8) Increased competitive challenges and expanding product and pricing pressures among financial institutions; (9) The ability of the Company and the Bank to develop new banking products, the cost of such development, the acceptance of such new products by the Company's and Bank's clientele and the impact of these new product's on the Company's and Bank's profitability; (10) Technological changes and the Company's implementation of new technologies, including how the cost of implementation impacts the Company's profitability; (11) The Company's ability to develop and maintain secure and reliable information technology systems; (12) Legislation or regulatory changes which adversely affect the Company's operations or business; (13) The Company's ability to comply with applicable laws and regulations, and the cost of such compliance; and (14) Disruptions in operations from system security risks, data protection breaches, cyberattacks, extreme weather conditions, medical epidemics or pandemics such as the COVID-19 pandemic, and other natural or manmade disasters or catastrophic events. Except to the extent required by law, the Company specifically disclaims any obligation to update any factors or to publicly announce the result of revisions to any of the forward-looking statements included herein to reflect future events or developments.

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