On October 2, 2023, Gregory A. Sigrist, Executive Vice President of Metropolitan Holding Corp. informed the Company that he intends to resign from his roles at the Company and the Bank, to be effective October 31, 2023. Mr. Sigrist is expected to remain with the Company through the Resignation Date to assist in the transition of his responsibilities.

Mr. Sigrist?s resignation from the Company and the Bank was for personal reasons and is not a result of any disagreement with the Company or the Bank on any matter relating to the operations, policies or practices of the Company or the Bank.