National Bankshares announces withdrawal of Driver Management board nominees; no settlement reached

NATIONAL BANKSHARES INC

Driver Management Company LLC withdrew its nominees for election to National Bankshares' Board of Directors.
Withdrawal is not the result of any concessions or negotiated settlement with Driver.
Company urges shareholders to support its four nominees and the stock incentive plan at the May 9, 2023 Annual Meeting.
CEO F. Brad Denardo expressed gratitude for shareholder support and commitment to long-term strategy.

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