Shore Bancshares board approves updated Code of Ethics and Business Conduct

SHORE BANCSHARES INC

New code adopted May 21, 2026, applies to all officers, directors, and employees.
Update clarifies existing topics; ethical principles remain substantively unchanged.
No explicit or implicit waivers granted under the new code.
Full text filed as Exhibit 14 and available on company website.

item 5.05 item 9.01

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