On November 1, 2012, the Board of Directors of Franklin Financial Services Corporation, appointed Richard E. Jordan III as a Director of the corporation. Mr. Jordan was appointed a Class C Director with a term scheduled to expire at the annual meeting of shareholders in 2015. On November 1, 2012, the Board of Directors of Farmers and Merchants Trust Company of Chambersburg, also appointed Mr. Jordan as a Director of F&M Trust.

Mr. Jordan is the Vice-President of Smith Land & Improvement Corporation which is a customer of the bank and engages in banking transactions with F&M Trust in the ordinary course of business. Mr. Jordan will be entitled to receive director's fees and be eligible to participate in the F&M Trust Director Deferred Compensation Plan and the Director Pay for Performance Plan on the same basis as other directors of the corporation and F&M Trust.