On July 20, 2022, upon the recommendation of the Nominating and Corporate Governance Committee of the board of directors of TC Bancshares, Inc., the Board increased its size to 8 directors and appointed Joshua Travis Bryant to fill a newly-created seat, effective immediately. Mr. Bryant has extensive executive leadership experience. Since August 2013, Mr. Bryant has served as the President, and Chief Executive Officer and as a director at Coastal Forest Resources Company.

Mr. Bryant also currently serves as a director at Coastal Plywood Company. Prior to that, Mr. Bryant was employed at the accounting firm Lanigan & Associates P.C. Mr. Bryant also served as the Chief Financial Officer for a privately held entity. Mr. Bryant is a Certified Public Accountant with extensive financial expertise including in the oversight, preparation, audit and evaluation of financial statements.

Mr. Bryant was appointed as a Class II director for a term that will expire at 2023 annual meeting of stockholders and until his successor is duly elected and qualified. The Board has determined that Mr. Bryant is an independent director under the applicable listing standards of the Nasdaq Stock Market. Mr. Bryant was also appointed to serve on the audit, asset liability (ALCO), compensation, and executive committees of the Board.