On January 25, 2023, the Board of Directors of the Company elected Dominick L. DeNaples as a Class B Director, effective February 1, 2023, whose term will expire in 2024. Mr. DeNaples will serve as a member on the Company's Risk Committee. Mr. DeNaples was also elected to serve on the Board of Directors of FNCB Bank (the "Bank"), the Company's wholly-owned subsidiary, and Mr. DeNaple's shall serve on the Bank's Asset Liability Management Committee.

Mr. DeNaples had been an independent Director of the Company since 1998 and of the Bank since 1987. Mr. DeNaples previously served as the Chairman of the Board of Directors of FNCB and Bank from May 2010 through May 2019. Prior to May 2010, he served as Vice Chairman of the Boards of Directors of FNCB and Bank from December 2009 until he was elected Chairman in May 2010.