On April 1, 2018, the board of directors of Franklin Financial Network, Inc. appointed Dr. Anil Patel to the Board for a term expiring at the Company's 2018 annual meeting of shareholders. Dr. Patel has not yet been appointed to any Board committees. Dr. Patel has been providing gastroenterology services to his patients at his endoscopy center in Clarksville, Tennessee since 1993. Dr. Patel has also been involved with the construction of several Marriott hotels and retirement communities in the Middle Tennessee area, and in 2005, he helped organize Civic Bank & Trust. He served as Chairman of the board of directors of Civic since Civic's organization until its merger with and into Franklin Synergy Bank, a wholly owned subsidiary of the Company (the Bank), effective April 1, 2018. Dr. Patel was elected to the board of directors of the Company and the Bank pursuant to the requirements of the Agreement and Plan of Reorganization and Bank Merger dated December 14, 2015, by and among the Bank, Civic, and the Company, as amended by Amendment No. 1, dated May 9, 2016, Amendment No. 2, dated March 30, 2017, and Amendment No. 3, dated September 29, 2017 (the Merger Agreement).