On May 22, 2024, the Board of Directors of First Capital, Inc. accepted the resignation of Michael L. Shireman from the Board. Mr. Shireman?s term as a director was set to end at the 2025 annual meeting of the shareholders. Mr. Shireman did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices.

The Company thanks Mr. Shireman for his commitment and service to the Company. The Board appointed John Shireman to the Company?s Board to fill the vacancy created by Mr. Shireman?s departure. Mr. John Shireman is a Regional VP of Operations for Ascendance Truck Centers, an International Truck Dealership with 37 locations throughout the Midwest.

He is 51 years old. John has worked closely with key executives at International Truck for over three decades and has served on International?s Product and Systems Advisory Boards. He has owned and operated an International Truck dealership with over 130 employees.

He works closely with commercial customers in the Southern Indiana community and enjoys coaching and mentoring his local employee base. He holds a Bachelor of Business and Communications from Bellarmine University. His operational, ownership, and managerial background will provide the Board with unique insights as trucking is an excellent barometer of economic health.