Acnb Corporation · NASDAQ:ACNB
Acnb — Shareholder Meeting (May 2026)
38 slides from Acnb's shareholder meeting presentation, May 5, 2026
Slide 1: ACNB Corporation Annual Meeting of Shareholders
ACNB Corporation Annual Meeting of Shareholders May 5, 2026
Slide 2: Welcome & Introductions
Welcome & Introductions Alan J. Stock Chairman of the Board 2
Slide 3: Board of Directors
Board of Directors Alan J. Stock Todd L. Herring Eugene J. Draganosky Elizabeth F. Carson Kimberly S. Chaney Alexandra C. Chiaruttini Frank Elsner, III Chairman of the Board First Vice Chair Second Vice Chair of the Board of the Board James P. Helt Scott L. Kelley James J. Lott Donna M. Newell John
Slide 4: Retiring Board of Directors
Retiring Board of Directors Daniel W. Potts Scott L. Kelley Served on the Board of Directors Served on the Board of Directors since 2004 for 22 years. since 2012 for 14 years. 4
Slide 5: James P. Helt, President & CEO
James P. Helt President & CEO 5
Slide 6: Meeting Agenda
Meeting Agenda • Call to Order • Proof of Notice of Meeting and Quorum • Description of Proposals to be Voted On • Voting and Results • Adjournment of Business Meeting • Management Presentations • Shareholder Questions & Answers 6
Slide 7: Call to Order, Quorum & Business Matters
Call to Order, Quorum & Business Matters 7
Slide 8: Voting and Results
sae me Voting and Results
Slide 9: Forward-Looking Statements
Forward-Looking Statements During the course of this presentation, there may be projections and forward-looking statements regarding events or the future financial performance of ACNB Corporation. We wish to caution you that these forward-looking statements involve certain risks and uncertainties, i
Slide 10: Management Presentations
Management Presentations James P. Helt President & CEO Jason H. Weber EVP, Treasurer & Chief Financial Officer 10
Slide 11: Experienced Executive Management Team
Experienced Executive Management Team 37 years 28 years 24 years In financial services In financial services In financial services 17 years 4 years 21 years At ACNB At ACNB At ACNB 39 years In financial services James P. Helt Jason H. Weber Laurie A. Laub 1 year At ACNB President & Chief Executive O
Slide 12: Corporate Profile
Corporate Profile Ticker Nasdaq: ACNB Mid-Atlantic commercial financial holding company for ACNB Bank and Total Assets $3.3B ACNB Insurance Services, which serve businesses and communities in Total Loans $2.3B Market Capitalization $524M South Central Pennsylvania and Northern Maryland. Float 96% Av
Slide 13: Investment Highlights
Investment Highlights • Proven management team with successful track record Experienced Management Team • Approximately 338 years of combined experience • Commercial loans/total loans* ratio of approximately 68% Commercially Focused Loan Portfolio • Average commercial loan yield of 6.34%* • Attracti
Slide 14: Overview of 2025 Results: Financial Summary
Overview of Dollars in thousands, except per share data 2025 2024 For the Year Ended December 31, 2023 2022 2021 2025 Results INCOME STATEMENT DATA Interest income $ 163,212 $ 107,465 $ 96,640 $ 87,049 $ 78,159 Interest expense 40,122 23,854 8,320 3,624 6,915 Net interest income 123,090 83,611 88,32
Slide 15: Balance Sheet Trends
Balance Sheet Trends Total Assets ($MMs) Total Loans ($MMs) CAGR¹ (’21 - ’25): 3.74% CAGR¹ (‘21 - ’25): 12.24% Total Deposits ($MMs) Tangible Common Equity² ($MMs) CAGR¹ (‘21 - ’25): 0.24% CAGR¹ (‘21 - ’25): 10.44% 1. Compounded Annual Growth Rate (CAGR). 2. Non-GAAP financial measure. Refer to the
Slide 16: Performance Over Time
Performance Over Time Net Interest Margin (%)1 ROAE (%) 2 2 2 Efficiency Ratio3 (%) Diluted EPS ($) 2 2 2 TCE / TA3 (%) TBVPS3 ($) 1. Non-FTE. 2. Excluding the strategic balance sheet repositioning, net of the corresponding tax impact, in the amount of $3.5 million for the year ended December 31, 20
Slide 17: Prudent Reserve Discipline
Prudent Reserve Discipline Trends in ACL ACL Overview • ACNB actively monitors its loan portfolio to maintain strong asset quality. • On January 1, 2023, the Corporation adopted Topic 326, universally referred to as CECL; Day one impact resulted in $1.6 million increase in the ACL. • Provision expen
Slide 18: Strong Capital Position
Strong Capital Position Capital Ratios¹ 18.00% Commentary 16.54% 16.00% 14.96% • Capital ratios exceed regulatory and internal 14.74% 14.00% minimum requirements. 12.00% 11.40% • Quarterly cash dividend increased to $0.38 per share for the quarter ending December 2025 10.00% compared to $0.32 per sh
Slide 19: Dividend Analysis 2017 to Present
Dividend Analysis 2017 to Present $1.60 $1.40 $1.38 $1.20 $1.26 $1.14 $1.00 $1.06 $1.03 $0.98 $1.00 Total Dividend $0.89 $0.80 $0.80 $0.60 $0.40 $0.20 $- 2017 2018 2019 2020 2021 2022 2023 2024 2025 Cash Dividend in 2017 was $0.80 compared to $1.38 in 2025( 73%↑) Source: ACNB Public filings and Inte
Slide 20: Total Shareholder Return: 1-Year
Total Shareholder Return: 1-Year • ACNB outperformed the bank and broader market indices and its peer group over the last year ... Source: S&P Capital IQ Pro; Data from 12/31/2024 to 12/31/2025 Note: See peer group at the end of this presentation 20
Slide 21: Total Shareholder Return: 5-Year
Total Shareholder Return: 5-Year ...and outperformed those same indices over the past 5 years. Source: S&P Capital IQ Pro; Data from 12/31/2020 to 12/31/2025 Note: See peer group at the end of this presentation 21
Slide 22: 2026 First Quarter Financial Highlights
2026 First Quarter Financial Highlights Net Income = $13.7M Diluted EPS = $1.32 Tangible Book Value Per Share1 = $32.99 Return on Average Assets = 1.71% Return on Average Equity = 12.97% FTE Net Interest Margin = 4.46% Non-Performing Assets to Total Assets = 0.29% Allowance for Credi
Slide 23: 2026 Second Quarter Announced Capital Actions
2026 Second Quarter Announced Capital Actions • Declared a regular quarterly cash dividend of $0.42 per share of ACNB Corporation common stock payable on June 15, 2026, to shareholders of record as of June 1, 2026. • Declared a one-time special cash dividend of $0.50 per share of ACNB Corporation co
Slide 24: Analyst Coverage of ACNB Corporation
Analyst Coverage of ACNB Corporation 24
Slide 25: Wealth Management
Wealth Management At Year-End in Thousands of Dollars Total: Total: 738,800 Total: 683,800 639,400 Total: Total: 537,800 518,800 Mark P. Bernier SVP, Wealth Management Officer • ACNB’s Wealth Management business derives a majority of its revenue from noninterest income consisting of trust, investmen
Slide 26: ACNB Insurance Services, Inc.
ACNB Insurance Services, Inc. At Year-End in Thousands of Dollars Mark A. Westcott President & Chief Executive Officer • ACNB Insurance Services, Inc. is a full-service insurance agency, with licenses in 46 states, offering a broad range of property, casualty, health, life and disability insurance t
Slide 27: Traditions Mortgage
Traditions Mortgage A Division of ACNB Bank At Year-End in Thousands of Dollars 1 Teresa L. Gregory President, Traditions Mortgage, A Division of ACNB Bank • Exceptional Growth: Increased production from $34.9MM to $273.4MM (+684% year-over-year) 1 • Market Leadership: Ranked #1 Purchase Money Lende
Slide 28: Accolades
Accolades RANKING BANKING or) | | B ay FASTEST GROWING COMPANIES ST BANKS IN ACH STATE E Ei . come : United Frederick cn Gelgsbusgis magazine Greatest C\innet, United Way of Adams County, Inc. ACNB 28
Slide 29: Our Vision
Our Vision To be the independent financial services provider of choice in the communities served by building relationships and finding solutions. 29
Slide 30: Shareholder Questions & Answers
Shareholder Questions & Answers 30
Slide 31: Thank You & Meeting Adjournment
Thank You & Meeting Adjournment Stock Symbol: ACNB (Nasdaq) www.acnb.com 31
Slide 32: ACNB Peers
ACNB Peers Name Ticker Name Ticker Arrow Financial Corporation AROW Somerset Trust Holding Company SOME First Bank FRBA Norwood Financial Corp. NWFL Capital Bancorp, Inc. CBNK Hanover Bancorp, Inc. HNVR BCB Bancorp, Inc. BCBP Esquire Financial Holdings, Inc. ESQ Ponce Financial Group, Inc. PDLB Prin
Slide 33: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Note: The Corporation has presented the following non-GAAP financial measures because it believes that these measures provide useful and comparative information to assess trends in the Corporation’s results of operations and financial condition. These non-GAAP fin
Slide 34: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Source: ACNB Public filings and Internal Documents. 34
Slide 35: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Source: ACNB Public filings and Internal Documents. 35
Slide 36: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Source: ACNB Public filings and Internal Documents. 36
Slide 37: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Source: ACNB Public filings and Internal Documents. 37
Slide 38: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures Source: ACNB Public filings and Internal Documents. 38