Mr. Price is Chairman of the Boards of Mercantile, Mercantile Bank, and EMB. Mr. Price was recently appointed a member of EMB s Board, effective December 31, 2025, in connection with Mercantile s acquisition of Eastern Michigan Financial Corporation and EMB. He has over 45 years of commercial banking experience and co-founded Mercantile Bank in 1997. Mr. Price retired as the President and Chief Executive Officer of Mercantile and Chief Executive Officer of the Bank on January 1, 2017, positions he had held since 2007. Mr. Price served as President and Chief Operating Officer of Mercantile and Mercantile Bank in 1997 and 1998, and as President and Chief Operating Officer of Mercantile and President and Chief Executive Officer of Mercantile Bank from 1999 to June of 2007. From 2005 to 2007, he served on the Board of Directors of the Federal Home Loan Bank of Indianapolis. Mr. Price also held leadership positions on the Boards of Metro Health Corporation, Aquinas College, Habitat for Humanity of Kent County, Project Rehab and Network180. Mr. Price was the founding President of our organization and has demonstrated excellent leadership qualities and a strong understanding of the fundamentals of our industry. These attributes led us to conclude that he should be a member of our Board.