Slide 1: Investor Presentation Second Quarter 2026
TTT Wer i Wi mi Investor Presentation Second Quarter 2026 NASDAQ: LCNB LeNe Operations Cete,Lebanen OH
Slide 2: Forward Looking Statements
Forward Looking ‘his pernono elo rutin oo crmuneston ma rm tino net conta cetainfoarskng emai wine meaning be Sect et 1933, 96 {netted anne Sets charge itt 158s anended Thee suena voto ree ox he reacts code Ce Pacis reateg wou fe arc Ftomance ender evra setter ttaraasckng temiog shes "ebe” “every sh
Slide 3: About LCNB
CORP. About LCNB
Slide 4: Company Overview
Company Overview Over 145-year Legacy of Stability and Consistent Performance + LEN corp.,a bank holding company with $2.2 bilo in assets a of June 30,2026, conducts business through its wholly owned subsidiary LCNB. National Bank ‘+ Founded in 1877, the bank operates 35 full-service branch location
Slide 5: Investment Highlights
Investment Highlights LCNB’s financial strength is anchored in the experience of its management team, its consistent profitability, conservative credit culture and strong capital position Consistent Earnings Profile + Long tock record of stable profitability through motple rate and ret eyles + Balan
Slide 6: 2026 Second Quarter
2026 Second Quarter Net interest Margin, Tax Equivalent () 3.69 3.47% 357% 02250325 Wealth Management RecedAUM of 51.78, up 538" FecinycomectS27M, upi85% Texans mnaged t5258 Net interest income ($ in milions) $198 al : U1 18.3 os et an 126 226 02250325 ads ats a2 Profitability & Efficiency ROARof hv
Slide 7: Successfully Serving Our Communities for over 145 Years
Successfully Serving Our Communities for over 145 Years LCNB has grown to become one of the largest community banks in Ohio 2024 and Beyond ‘Acquisitions Create Opporturitis fora Successful Future 2020-2023 ‘Supporting Communities Throughout the Pandemic 2013-2019 Acolerated Grouth Theaugh Acquisiti
Slide 8: Compelling Community Banking Presence
Compelling Community Banking Presence Operating in robust and growing Ohio markets ‘Among Largest Banks in Ohio ‘According to the hune 2025 FDIC Market Shae Report LCN is the24* largest bankin the state of Ohio Fastest Growing Ohio Counties LCNB's markets include’ ofthe top 10 fastest growing counti
Slide 9: Growing Southwest Ohio Market Presence
Growing Southwest Ohio Market Presence LCNB is now the 9" largest bank based on deposits in the Cincinnati MSA Recent acquisitions support significant value creation opportuni @ Increased scale and added significant exposure within the greater Cincinnati Region Growth potential supported by LCNB's c
Slide 10: Strategic Transformation
LCNB CORP. Strategic Transformation LENB Corp. | 02, 2026 Investor Presentation
Slide 11: Growth Oriented Strategic Plan
Growth Oriented Strategic Plan Strategic plan focused on producing strong and consistent performance Focusing on profitable growth without compromising credit standards Longstanding dividend policy and share repurchase program Multiple sources of revenue support high levels of noninterest income Foc
Slide 12: Diverse Financial Services
Diverse Financial Services Personal and Business Banking Services, combined with Wealth Management, deliver high levels of noninterest income Annual Noninterest income (in miions) $28 2015 — 2025 Growth “Growing revenue streams have resulted in a 115% Increase in noninterest Income over the past 10
Slide 13: Expanding Wealth Management Opportunities
Expanding Wealth Management Opportunities LCNB is well positioned to grow its wealth management platform as many other community banks do not offer independent wealth management capabilities and many larger competitors fall short of LCNB’s level of customer service ‘Wealth Management Assets Ainthous
Slide 14: Dedicated to Providing Responsive, Local and Leading Service
Dedicated to Providing Responsive, Local and Leading Service Continual investments to drive productivity, while maintaining a superior level of service Continual Product Investments Network Provide modern banking Invest in modern, efficient, solutions that fit customers’ ple and dient individual nee
Slide 15: Successful Strategic Transformation
Successful Strategic Transformation From 2015 to 2025, Total Assets Managed increased at an 8.5% CAGR m Brokerage Accounts = Cah Management 1m Mortgage Loans Serviced ath MLCNB Corp. Assets (ln thousands)
Slide 16: Financial and Operating Highlights
Financial and Operating Highlights
Slide 17: Measured Growth in Balance Sheet and Earnings
Measured Growth in Balance Sheet and Earnings [— Consolidated Balance Sheet Growth core Net income ($0005) tm Ee ae a rr ae a a rcs crcestoans(58) mem Depots (8) tows / Depts) aass 22078 aam8 22287 22S aS Texalssets(tt)_wTargbleCormen Eauty (HM) a ee ee ed texe: Carefursramove incon ontaato moe gion
Slide 18: Financial Performance Trends
Financial Performance Trends Profitability Dynamics and Operating Performance [— Net interest Margin) [— Core ROAAs) 335 0307 24s ais ag, 350 ais tat 107143 | | 082 on P| oO poor 0 02320282025 araeiTm | | 2021 0202320282025 '26LTM [— Efficiency Ratio (6) [— core ROATCE(%) ne ‘ea mise By ngs 839 3 ea
Slide 19: Financial Performance Trends: Capital Strength
Financial Performance Trends Capital Strength and Tangible Book Value Progression ToE/TAGS 824 a ery iH 290 ered aes 756 790 naa 202 MECH m2 ISG
Slide 20: Loan Portfolio Summary
Loan Portfolio Summary LCNB maintains a conservatively underwritten, real-estate-focused loan portfolio, leveraging its Jong standing CRE expertise to support disciplined, relationship-driven credit growth strong Loan Growth and Disciplined Lending Strategy + Products include commercial and industri
Slide 21: Strong Asset and Credit Quality
Strong Asset and Credit Quality a ae 3a sae a a oo oem ask wa Update ose + The nk nod .7 mln nnonsruaneaeof 20 000 (00) ‘ane, 2026 with pee crest ar receves S37 ‘mile asgred ost oa2 0st oe 020 ween commara aainauarialioans 1 omy mmveasyassetsi) 20m 2005035 akIS aL PICO ecoveres/verage Loans) 0225 Ic
Slide 22: Adequately Reserved Loan Portfolio
Adequately Reserved Loan Portfolio Lana Rauoer—Sapnang ot cs a nom ane imme ae ‘Changes in Loan Loss Reserve Loan Loss Reserve Overview + Lens coutousy montors As loan porto and a ‘ecorésprovson expense according a ‘monton an adequate lve ofan oss reserves tnd tong asst gusty aa tacos | 7 The Bonk r
Slide 23: Deposit Portfolio Summary
Deposit Portfolio Summary LCNB benefits from a sticky, low-cost funding base secured by > 90% core deposit mix, providing stable liquidity and an above-peer net interest margin Strong Depost Growth “+ Since June 30, 2021, total deposits have increased 15.3% or $242 millon to $1.Bbillon as of une 3,
Slide 24: Balance Sheet Management and Securities Portfolio
Balance Sheet Management and Securities Portfolio Bank Level Yield / Cost Detail [— Investment Porto. ‘composivon casas Megas -_ ‘i. ag, iS Trams 5 io iss 198 wy za ava or ome ee eu acti ee eterno = om anaes stom Interest Margin and Yield Expansion * Lens hascontinued to produce ant interest margin
Slide 25: Interest Rate Risk Management
Interest Rate Risk Management Interest Rate Sensitivity + Lows has§236,7 millon i Rsimvestment secures portfolio as of tne 3, 2026, which represented 10.5% of totalasets, + inaddziontothe securties portfolio sbove, LEN® aad $283 milion, o 1.3% of total azets a of June 9, 2026, eld in cach or deposta
Slide 26: Recent Tangible Book Value Drivers
Recent Tangible Book Value Drivers 2018colunbus Fit peautton 3° + One-time acquisition costs and 3,253,060 shares associated withthe acquétion reduced tangible book vale per share by $0.50, or by 43% + LCNB ended 2018 witha tangible book value per share of $11.67 + From une30, 2018 to December 31, 2
Slide 27: Capitalization and Sources of Liquidity
Capitalization and Sources of Liquidity fundng and Sources of Ugly Total sets ($0008) $28.2 millon incashor deposit at other inti amas $2216 millon ns avestmentsecaties aoe porto with minimal uvesized exes, $2.9 nionin sed borrowing capaci t the Federal Reserve Bank of elon. §38.0mllon nuntapped off
Slide 28: Corporate Governance
LCNB CORP. Corporate Governance LenB corp. | 02, 2026 Investor Presentation a
Slide 29: Longstanding and Growing Dividend
Longstanding and Growing Dividend Strong balance sheet and compelling financial model supports growing dividend policy DIVIDEND HIGHLIGHTS For the second quarter ended June 30, 2026, LCNB paid a $0.22 per share dividend 31,2026, LCNB's dividend, From 5 ‘annual dividend has inere From 1998 to 2025, L
Slide 30: Board of Directors
Board of Directors Lee, Accomplished and well-versed Bogrd of Diectos == fone incod main tte’ sarees “Sen °o 8 e ° aaa = @ ° ° © Ea ~~ «@ ° ° ° Bacc.... > = 0 ° ° See ° ° ° °o °o Fy e 8 °e PAGE 30
Slide 31: Management Team
Management Team Seasoned management team of experienced bankers one EE a poet ae —— I SS er eieems = [pocreieacrae eracndopeene Bi cae om _accourting roles a BRD LLP (now ome 7 eee a areoemneee nee cnoieaaeeee = Laas ne cn rtrd ne sistem Patricia L.Watter ‘Ms Walter jned LOVS in 2026 ~~ jetfreyD. Me
Slide 32: Summary
Summary LCNB is focused on moving Further Together to create value for all the Company's stakeholders Growth-oriented community bank dedicated to creating significant long-term shareholder value Business model focused on providing diverse financial services and an above-average level of fee income H
Slide 33: Appendix
Appendix
Slide 34: Financial Highlights
Financial Highlights oncom ~ | estes insta som Seas _sue Sua Bonet tetas ws "3 toe Corer hoes oe & oom oe Sopoeconneny tpn we “S ee Invoice notin) o_o oe tat tere ze aa ory ea Be mote is ee fe Geeronrce we Be ora 3a a tate telnet 99 sea as ec) ii 15) meng sce So om SS oe emervereen rN Tenet Dn one h
Slide 35: Historical Income Statement
Historical Income Statement inuwen pues $053 “a a0 re ms me ProvsianorCesttomes =) 20 27 ase 18 om Novnwremeome a7 500 938 am ws am etaesGnn/ lol onseaties a a0 a ey ~ ” Nonnwren sere 00 20 sow om ese 6 Rowers ao a ca 2957 = = ProvientorTous seu on 262 200 sa Ser fos anPa(8) 20 23 P2 ass 3 at ier: C
Slide 36: Historical Balance Sheet
Historical Balance Sheet om or atria ess ed van va ax senses (Siitttewe a ° 3 ‘see an 3 Lentontexne ss se ss et am nes waht we ase en <0 <a <0 Goze pest az ae sm sm oy Teal mgtie es ae am mer oo oa <a Testes ime Tass aust ar mar aaars Toatcepone For) 145 oy ry rr rrr Toratce pry ome 2679 sa precd m7
Slide 37: aes
aes bs Vist CORP. 2 Yin} As va) aay ae) aay ain) yay Icnbcorp.com Ms ain’ NASDAQ: LONB a4 aia) NaN aio) a2. 7 AA ; nye) LCNB National Bank | 2 .N. Broadway, Lebanon, OH 45036 A4 Icnb.com | shareholderrelations@Icnb.com ba ia ' Member FDIC | Equal Housing Lender An #furthertogether 4 avn) a4