Bank Of Botetourt (buchanan, Va) · OTC:BORT
Bank Of Botetourt (buchanan, Va) — Bank of Botetourt — Shareholder Meeting (May 2026)
60 slides from Bank Of Botetourt (buchanan, Va)'s shareholder meeting presentation, May 20, 2026
Slide 1: Annual Meeting of Shareholders
ANNUAL MEETING OF SHAREHOLDERS Wednesday, May 20, 2026 at 2:30 PM
Slide 2: Calling Meeting to Order
CALLING MEETING TO ORDER CHAIR OF THE BOARD - JOYCE R. KESSINGER
Slide 3: Appoint Committee on Proxies
APPOINT COMMITTEE ON PROXIES CHAIR JOYCE R. KESSINGER APPOINTS: ANNETTE LANE PAM HARRIS NED HONTS
Slide 4: Opportunity for Shareholders to Cast Ballots Online
OPPORTUNITY FOR SHAREHOLDERS TO CAST BALLOTS ONLINE BOARD SECRETARY - DUSTIN G. BAYS
Slide 5: Minutes of 2025 Meeting
MINUTES OF 2025 MEETING MINUTES AVAILABLE UPON REQUEST: DBAYS@BANKOFBOTETOURT.COM
Slide 6: Voting Proposals: Election of Directors
VOTING PROPOSALS ITEM 1 - ELECTION OF DIRECTORS • Election of Class II Directors | Three-Year Term (Serving until 2029) ⚬ G. Lyn Hayth, III ⚬ Michelle R. Austin ⚬ Elizabeth S. Doughty
Slide 7: Voting Proposals: Ratification of Accounting Firm
VOTING PROPOSALS ITEM 2 - RATIFICATION OF THE APPOINTMENT OF THE INDEPENDENT REGISTERED ACCOUNTING FIRM • Ratification of the appointment of Brown Edwards
Slide 8: Directors Continuing to Serve
DIRECTORS CONTINUING TO SERVE • NICHOLAS C. CONTE • JOYCE R. KESSINGER • A. RANDY HOSTETTER • TERRY L. AUSTIN • JOHN B. WILLIAMSON, III
Slide 9: Welcome to Our Guests
WELCOME TO OUR GUESTS • HUGH WELLONS - SPILMAN, THOMAS & BATTLE • KRIS BERTHOLF - CAMPBELL & LINEBERRY, PC • JASON ROSS - BROWN EDWARDS
Slide 10: CEO Report
CEO REPORT MICHELLE R. AUSTIN
Slide 11: Board of Directors and Bank Executive Management
BOARD OF BANK EXECUTIVE DIRECTORS MANAGEMENT
Slide 12: Net Income
NETINCOME © «=: a eel — $6.00 10,000 — $5.00 8,000 — $4.00 6,000 — $3.00 4,000 — $2.00 2,000 — $1.00 $o so 2021 e022 2023 2024 2025 =
Slide 13: Net Interest Margin
NET INTEREST MARGIN 7.00% === Total Asset Yield ——= Net Interest Margin 6.00% | —— Total Liability Cost 5.71% 5.00% 4.00% | 3.71% one IL a a 2.00% 2.00% | 1.00% | 0% | | | | J 2021 2022 2023 2024 2025 Wi) ee
Slide 14: Earnings Per Share
fin thousands) EARNINGS PER SHARE *” - $800 lll Net Income 10,000 — $5.00 8,000 — $4.00 6,000 — $3.00 — $2.00 4,000 2,000 — $1.00 $0 $o e021 eoee 2023 2024 2025 )001// ee
Slide 15: Balance Sheet Growth
BALANCE SHEET GROWTH mer 900 |— 800 |— 700 |— 600 |— 500 ;— 400 2021 2022 2023 2024 2025 Wi) ee
Slide 16: Asset Growth
ASSET GROWTH 1,000,000 -— mms Assets =m Asset Growth % — 16% 900,000 800,000 923,097 700,000 857,073 600,000 500,000 400,000 300,000 200,000 100,000 $o 0% 2021 2022 2023 2024 2025 yy) eee
Slide 17: Balance Sheet Growth
BALANCE SHEET GROWTH Apa 9300 ;-— 800 |— 700 |— 600 |— 500 ;- 489.0 | | | ! J 2021 2022 2023 2024 2025 Wi) ee 400
Slide 18: Non-Interest Income
NON-INTEREST INCOME 6,000 5,000 4,000 3,000 iS) apelel 5 2,000 1,000 2021 2022 2023 2024 2025 )001// ee $o
Slide 19: ROA Performance Ratio
ROA PERFORMANCE RATIO 1.4% 1.22% 12% > © 2- o—____@—_—_® 1.0% [- 0.8% 0.8% | 0.4% | 0.2% L 0% | | | | J 2021 2022 2023 2024 2025 WII) eee
Slide 20: ROE Performance Ratio
ROE PERFORMANCE RATIO 14.00% ;— 12.29% 12.00% |— 10.00% |- 8.00% [- 6.00% | 4.00% | 2.00% | a | | | | 2021 e022 2023 2024 2025 Win) eee
Slide 21: Efficiency Ratio
EFFICIENCY RATIO A lower efficiency ratio reflects stronger operational performance, indicating the Bank is spending less to generate each dollar of revenue.
Slide 22: Loan-to-Deposit Ratio
LOAN-TO-DEPOSIT RATIO 36% |— 94% |- 93% |- 92% | 91% | 90% |- 89% |- 88% |- 87% | 86% |-— $0 } 2024 2025 Wi) ee
Slide 23: Cash & Liquidity
CASH & LIQUIDITY 2025 2024 CASH & DUE FROM BANKS 13,045,356 12,439,157 INTEREST-BEARING DEPOSITS WITH BANKS 41,852,787 53,130,735 FEDERAL FUNDS SOLD 1,282,000 936,000 TOTAL CASH 56,180,143 66,505,892 & CASH EQUIVALENTS LIQUIDITY RATIO = 10.3%
Slide 24: Loan & Deposit Composition
LOAN & DEPOSIT COMPOSITION LOAN COMPOSITION DEPOSIT COMPOSITION
Slide 25: Non-Performing Assets
NON-PREFORMING ASSETS {in thousands] 2,000 1,500 [- ™ wn 1,000 [- ci t 500 o 121 32 a | | | | 2021 2022 2023 2024 2025 Wi) ee
Slide 26: Stockholders' Equity
STOCKHOLDERS’ (in thousands) EQUITY
Slide 27: Community Bank Leverage Ratio
COMMUNITY BANK LEVERAGE RATIO CBLR REQUIREMENT 12/31/2025 9.0% 10.42%
Slide 28: Book Value
BOOK VALUE aT $40 $30 $20 $10 so 2023 2024 2025 y/o
Slide 29: Performance Review: BORT
PERFORMANCE REVIEW: BORT Trailing total returns as of 12/31/2025, which may include dividends or other distributions.
Slide 30: Dividends
DIVIDENDS 2026 BORT - COMMON DIVIDEND INCREASE • 11.1% to $0.25 per share per quarter, $1.00 annualized 2026 BORTP - PREFERRED DIVIDEND • $0.49 per share quarter or 7.0%
Slide 31: Forbes Best-in-State Banks
~~ ~ Forbes | BEST-IN-STATE B BANKS B y Statista Bank of , MULTI-YEAR CHAMPION 3 Botetourt
Slide 32: Signature Solutions
Bank of Botetourt combines more than a century of stability with forward-thinking solutions—from health benefits and 401(k) plans to cutting-edge merchant services and technology—to help customers and businesses thrive. Signature Solutions BEARINGINSURANCE GOTETOURT WEALTH E MANAGEMENT men aunue TRE
Slide 33: Virginia Business - People to Meet in 2026
VIRGINIA BUSINESS - 100 PEOPLE TO MEET IN 2026 Michelle R. Austin serves as the seventh president and CEO in Bank of Botetourt’s 126-year history. Founded in 1899, the Bank has earned repeated recognition from Forbes as a Best-In-State Bank and continues to report strong financial performance, growt
Slide 34: Thank You for Voting
~> Bank of Boteto re THANK YOU FOR. VOTING US PLATINUM | * BEST REGIONAL & at LOCALLY BASED BANK! ” tt WINN eee
Slide 35: Rocky Mount Office
ROCKY MOUNT OFFICE 875 TANYARD ROAD, ROCKY MOUNT, VA | OPENED DECEMBER 2024 TAKEN IN 2024
Slide 36: Melrose Office
MELROSE OFFICE 2502 SUITE B, MELROSE AVENUE, NW ROANOKE, VA | OPENED MAY 2025
Slide 37: Discover Convenience & Flexibility
DISCOVER CONVENIENCE & FLEXIBILITY
Slide 38: New Digital Experience
NEW DIGITAL EXPERIENCE DISCOVER BANKING FOCUSED ON YOU
Slide 39: New Investor Relations Website
NEW INVESTOR RELATIONS WEBSITE DISCOVER INVESTOR INFORMATION
Slide 40: Mobile App Rebrand
MOBILE APP REBRAND Strengthened brand alignment through a refreshed visual identity. RETAIL APP BUSINESS APP
Slide 41: Community Involvement
COMMUNITY INVOLVEMENT Bank of Botetourt’s 2025 Community Impact Awards recognized employees whose leadership, service, and community involvement strengthened both the Bank and the communities it proudly serves. MJ Crowley Volunteer of the Year Kristina Lima Emerging Leader Jack Palmer Service Leader
Slide 42: Promotions
PROMOTIONS Austin Beeker, Universal Banker Sydni Humphreys, Universal Banker Duane Burks, SVP, Chief Retail Officer Sara Loviza, Assistant Branch Manager Haley Caldwell, Accounts Payable Clerk Mary Ann Miller, SVP, Chief Marketing Officer & Head of Business Development Kathy Caldwell, VP, Senior Com
Slide 43: Completed Certifications & Educational Advancements
COMPLETED CERTIFICATIONS & EDUCATIONAL ADVANCEMENTS Universal Banker Certificate Banking Certificates DANIELLE ALEXANDER MERCEDES AUSTIN RAVEN BECKNER BSA/AML Professional Certificate AUSTIN BEEKER ROSA COFFEY DREW BURCH DANIELLE HARTBERGER AVP - Operations Officer ADAM BURROWS Management Developmen
Slide 44: Mid-Atlantic School of Banking
MID-ATLANTIC GRADUATE SCHOOL SCHOOL OF OF BANKING AT LSU BANKING DANIELLE HARTBERGER Financial Recovery & Collections Specialist AMANDA PEAY VP - Real Estate Lending Officer PAM HARRIS AVP – Bank Secrecy Act & Fraud CHRISTINA SHOEMAKER Business Banking Officer
Slide 45: VBA Bank Day Scholarship
VBA BANK DAY SCHOLARSHIP Established by the Virginia General Assembly in 1991, Bank Day connects students with careers in banking and financial services. In 2026, Bank of Botetourt proudly hosted 17 seniors representing 10 local high schools, with students competing for $28,500 in statewide scholars
Slide 46: Scholarships
SCHOLARSHIPS FOCUSED ON YOU SCHOLARSHIP HAYTH HIGH SCHOOL GRADUATION GRANT WILLIAM FLEMING HIGH SCHOOL SCHOLARSHIP
Slide 47: Focused on You Community Scholarship
FOCUSED ON YOU COMMUNITY SCHOLARSHIP 2025 RECIPIENTS 2026 RECIPIENTS • Addie Flint • Chelsy Hall • Maddie Whitacre • Breely Mitchell • Ella Wright • James Knox
Slide 48: Hayth High School Grant
HAYTH HIGH SCHOOL GRANT 2025 RECIPIENTS 2026 RECIPIENTS • Emma Lowe • Sarah Seay • Ezekiel Secrist • Aaron Petty • Genelayce Stevens • Cadyn Wooldridge • Alyzabeth Burrows • Layla Halsey • Morgan Martin • Serenity Shearer • Garrett Honts • Nolan Burrows • Landon Hayes
Slide 49: William Fleming Scholarship
WILLIAM FLEMING SCHOLARSHIP 2025 RECIPIENTS 2026 RECIPIENTS • Shannon Smith • Aveyah Graham • Jarelis-Lema Mendez • Ernesto Gomez Meza
Slide 50: Community Outreach
COMMUNITY OUTREACH Wi) ee
Slide 51: Year-over-Year Net Income Growth
YEAR-OVER-YEAR NET INCOME GROWTH 2026 Q1 NET INCOME 2025 Q1 NET INCOME $3,086,000 $2,044,000
Slide 52: 2026 Quarterly Results
2026 QUARTERLY RESULTS • Net Interest Margin 3.97% • Non-Interest Income increased 23%
Slide 53: 2026 Quarterly Results Annualized
2026 QUARTERLY RESULTS ANNUALIZED TOTAL ASSETS NET LOANS TOTAL DEPOSITS ROA ROE EFFICIENCY RATIO LIQUIDITY RATIO 5.4% 2.55% 4.12% 1.33% 13.02% 59.2% 11.5%
Slide 54: Community Bank Leverage Ratio
COMMUNITY BANK LEVERAGE RATIO CBLR REQUIREMENT 03/31/2026 9.0% 10.56%
Slide 55: Performance, Strength & Strategy
PERFORMANCE, STRENGTH & STRATEGY MICHELLE R. AUSTIN President & CEO
Slide 56: Questions & Answers
QUESTIONS & ANSWERS =\)
Slide 57: Committee on Proxies Report
COMMITTEE ON PROXIES REPORT =\)
Slide 58: 2027 Annual Shareholders Meeting
2027 ANNUAL SHAREHOLDERS MEETING WEDNESDAY, MAY 19, 2027
Slide 59: Thank You for Joining Us
THANK YOU FOR JOINING US =\)
Slide 60: Bank of Botetourt
~~ ~ B B Bank of Botetourt Forbes | BEST-IN-STATE BANKS MULTI-YEAR CHAMPION