First Robinson Financial : Annual Report and Proxy

FIRST ROBINSON

FINANCIAL CORPORATION

PROXY STATEMENT

and

2022 ANNUAL REPORT

FIRST ROBINSON FINANCIAL CORPORATION

501 E. MAIN ST.

P.O. BOX 8598

ROBINSON, IL 62454

618-544-8621

June 14, 2022

Dear Fellow Stockholder:

On behalf of the Board of Directors and management of First Robinson Financial Corporation (the "Company"), I cordially invite you to attend the annual meeting of stockholders. The meeting will be held at 10:00 a.m., central time, on July 19, 2022, at Country View Inn & Suites, located at 100 Abraham Lincoln, Robinson, Illinois.

On behalf of the Board of Directors and management of First Robinson Financial Corporation (the "Company"), I would like to share with you the Annual Report of First Robinson Financial Corporation for our fiscal year ended March 31, 2022. We are reporting earnings for the Company of $2,728,000 for our fiscal year ending March 31, 2022, an increase of 4.3% from last year's earnings of $2,616,000. I would encourage you to review the attached annual report for more detailed financial information.

I encourage you to attend the meeting in person. Whether or not you attend the meeting, please read the proxy statement and then complete, sign and date the enclosed proxy card and return it in the postage prepaid envelope provided. This will save the Company additional expense in soliciting proxies and will ensure that your shares are represented. You may vote in person at the meeting even if you have previously returned a proxy.

An important aspect of the meeting process is the stockholder vote on corporate business items. I urge you to exercise your rights as a stockholder to vote and participate in this process. This year stockholders are being asked to vote on the election of three directors with terms to expire in 2025, the election of one director with a term to expire in 2024 and the ratification of the appointment of FORVIS, LLP (formerly known as BKD, LLP) as the independent registered public accounting firm for First Robinson Financial Corporation for the fiscal year ending March 31, 2023. The Board of Directors unanimously recommends that you cast your vote "FOR" with respect to these three matters.

In addition to the annual stockholder vote on corporate business items, the meeting will include management's report to you on First Robinson Financial Corporation's 2022 financial and operating performance.

Our commitment to operate a conservatively managed community bank continues to serve us well. The impact of Stimulus funds continue to affect our asset size, as our total assets increased to $470,685,000 at the end of our March 31, 2022 fiscal year, which was an increase of approximately $45.6 million, or 10.7%, over our past fiscal year. This continued significant asset growth has created some unique circumstances for management to navigate, which we will highlight at the meeting. The annual total of our quarterly dividends increased to a record $1.23 per share for the 2022 fiscal year. We are pleased that our total annual dividends have increased each year since our Company's inception. Management and the Board of Directors evaluate our dividend policy quarterly and make any adjustments as necessary to ensure you are receiving a reasonable return on your investment.

This IS your Company and we want you to have confidence and pride in it; therefore, we would encourage your questions, comments and suggestions. We thank you for your patronage and support.

Sincerely,

RICK L. CATT

President and Chief Executive Officer

First Robinson Financial Corporation

501 East Main Street

Robinson, Illinois 62454

[phone]

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

To be Held on July 19, 2022

Notice is hereby given that the annual meeting of stockholders (the "Meeting") of First Robinson Financial Corporation (the "Company") will be held at Country View Inn & Suites, located at 100 Abraham Lincoln, Robinson, Illinois at 10:00 a.m., central time, on July 19, 2022.

A proxy card and a proxy statement for the Meeting are enclosed.

The Meeting is for the purpose of considering and acting upon:

1. The election of four (4) directors of the Company; and
2. The ratification of the appointment of FORVIS, LLP (formerly known as BKD, LLP) as the independent registered public accounting firm for the Company for the fiscal year ending March 31, 2023;

and such other matters as may properly come before the Meeting, or any adjournments or postponements thereof. The Board of Directors is not aware of any other business to come before the Meeting.

As set forth in the Company's bylaws, action may be taken on the foregoing proposals at the Meeting on the date specified above, or on any date or dates to which the Meeting may be adjourned or postponed. Stockholders of record at the close of business on May 27, 2022, are the stockholders entitled to vote by proxy prior to the Meeting and any adjournments or postponements thereof. A complete list of stockholders entitled to vote will be available at the main office of the Company during the ten days prior to the Meeting, as well as at the Meeting.

Please complete and sign the enclosed form of proxy, which is solicited on behalf of the Board of Directors, and mail it promptly in the enclosed envelope. The proxy will not be used if you attend and vote at the Meeting in person.

BY ORDER OF THE BOARD OF DIRECTORS

Rick L. Catt

President and Chief Executive Officer

Robinson, Illinois

June 14, 2022

IMPORTANT: THE PROMPT RETURN OF PROXIES WILL SAVE THE COMPANY THE EXPENSE

OF FURTHER REQUESTS FOR PROXIES TO ENSURE A QUORUM AT THE MEETING.

1. SELF-ADDRESSEDENVELOPE IS ENCLOSED FOR YOUR CONVENIENCE. NO POSTAGE IS REQUIRED IF MAILED WITHIN THE UNITED STATES.