On May 18, 2021, the joint Board of Directors of Southern First Bancshares, Inc. and Southern First Bank voted to approve the appointment of three new directors, Ms. Terry Grayson-Caprio, Mr. Ray A. Lattimore, and Mr. William A. Maner, IV, effective on June 1, 2021. Each individual will serve as a director of the Company and the Bank, with Ms. Grayson-Caprio also serving on the Audit Committee of the Boards, Mr. Lattimore serving on the Risk Committee of the Boards and Mr. Maner serving on the Compensation Committee of the Boards. Ms. Grayson-Caprio recently retired from KPMG after 35 years, most recently as Managing Partner of KPMG's South Carolina practice where she was responsible for the state's business operations, including key accounts, business development, talent management, market development, facilities, and financial management. She currently serves as Director and Board Chair of the Carolina Governor's School for the Arts and Humanities Foundation, Director of the Greenville County Museum of Art, and Director of the Winthrop University Foundation. Ms. Grayson-Caprio is a trusted business leader to both domestic and international companies, a persuasive communicator and a critical thinker which provide her with a valuable perspective as director. Mr. Lattimore serves as founder, President, and Chief Executive Officer of Marketplace Professional Staffing. Mr. Maner is a founding partner of Edge Capital, an investment firm based in Atlanta, Georgia, where he currently serves as an Advisory Director.