Pursuant to the terms of the Merger Agreement, on October 3, 2014, three independent members of North Valley's board of directors, J. M. (Mike) Wells, Jr., Patrick W. Kilkenny, and Martin A. Mariani, were appointed to the board of directors of TriCo Bancshares and Tri Counties Bank, effective as of October 3, 2014, to serve until the
annual meeting of shareholders of TriCo or Tri Counties Bank, as the case may be, at which time they will stand for reelection, subject to nomination by the Nominating and Corporate Governance Committee. On October 3, 2014, TriCo and Tri Counties Bank appointed and elected Michael J. Cushman, North Valley's President and Chief
Executive Officer, to join TriCo as its Executive Vice President-Strategic Initiatives, effective as of October 4, 2014.