Union Bankshares enters $40M ATM equity distribution agreement with Piper Sandler

UNION BANKSHARES INC

May sell up to $40M in common stock at the market through Piper Sandler; commission is 3% of gross proceeds.
Proceeds for general corporate purposes: capital for Union Bank, debt repayment, and strategic acquisitions.
Sales may be made in at-the-market offerings or privately negotiated transactions; no minimum sales obligation.
Shares issued under existing shelf registration (333-285164) effective March 18, 2025.

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