First Community Corp officer Freddie Deutsch to retire Jan 15, 2027; advisory role until then

FIRST COMMUNITY CORP /SC/

Freddie Deutsch, Director of Specialty Business Lending, retires effective Jan 15, 2027; also leaves boards of company and bank.
Joined via Signature Bank of Georgia acquisition completed Jan 8, 2026; retirement voluntary, not tied to July 22, 2026 leadership transition.
Will serve advisory role through retirement date; base salary and benefits unchanged; no longer holds director title.
Receives first $50,000 retention bonus installment plus $100,000 carve back; remaining installments and unvested 2,500-share restricted stock forfeited.
Bank subsidizes COBRA health coverage for up to 18 months post-retirement; letter amendment effective upon general release.

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