First Mid promotes Smith to President and Read to CFO effective June 24, 2025

FIRST MID BANCSHARES, INC.

Matthew K. Smith, former CFO, becomes President; base salary $385,000.
Jordan Read adds CFO duties to his CRO role; base salary $290,000.
Joe Dively remains CEO and Chairman; Smith will lead all lines of business.
Under Smith's tenure assets grew from $2.8B to $7.6B and revenue more than tripled.
Employment agreements run through Dec 31, 2025 with auto-renewals and severance provisions.

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