BANK OF THE JAMES FINANCIAL GROUP INC — fact timeline

BANK OF THE JAMES FINANCIAL GROUP INC shareholders approved Non-binding advisory resolution approving the compensation of the Company's named executive officers as disclosed in the Proxy Statement pursuant to the compensation disclosure rules of the SEC. at the 2026-05-19 meeting.

“Proposal No. 3 . The Company’s shareholders approved the non-binding, advisory resolution approving the compensation of the Company’s named executive officers as disclosed in the Proxy Statement pursuant to the compensation disclosure rules of the SEC, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 2,403,289 31,082 44,027 1,095,007”

BANK OF THE JAMES FINANCIAL GROUP INC shareholders approved Ratification of the appointment of Elliott Davis, PLLC as the Company's independent registered public accounting firm for the year ending December 31, 2026. at the 2026-05-19 meeting.

“Proposal No. 2 . The Company’s shareholders ratified the appointment of Elliott Davis, PLLC as the Company’s independent registered public accounting firm for the year ending December 31, 2026, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 3,565,490 4,655 3,260 -”

BANK OF THE JAMES FINANCIAL GROUP INC shareholders approved Election of four Group Two directors to serve for a three-year term to expire at the Company's 2029 annual meeting of shareholders. at the 2026-05-19 meeting.

“Proposal No. 1 . The Company's shareholders elected four (4) Group Two directors to serve on the board of directors for a three-year term to expire at the Company's 2029 annual meeting of shareholders, as set forth below: Name Group Votes For Withheld Votes Broker Non-Votes Robert R. Chapman III Two 2,435,558 42,840 1,095,007 Julie P. Doyle Two 2,177,449 300,949 1,095,007 Lydia K. Langley Two 2,176,380 302,018 1,095,007 Augustus A. Petticolas, Jr. Two 2,156,391 322,007 1,095,007”

BANK OF THE JAMES FINANCIAL GROUP INC reported the three-month period ended March 31, 2026 results: revenue $8.73 million, net income $2.77 million, EPS $0.61 per share.

“at December 31, 2025. " Total deposits were $956.55 million at March 31, 2026, compared with $937.13 million at December 31, 2025. " Net interest income increased 13.15% to $8.73 million in the first quarter of 2026 from $7.72 million in the first quarter of 2025. " Net interest margin for the three months ended March 31, 2026 was 3.57% compared with 3.25% for”

James F. Daly departed as Director at BANK OF THE JAMES FINANCIAL GROUP INC.

“On March 18, 2024, each of Thomas W. Pettyjohn, Jr. and James F. Daly announced his intention not to seek re-election to the Board of Directors of the Bank of the James Financial Group, Inc. and its subsidiary Bank of the James.”

Thomas W. Pettyjohn, Jr. departed as Director at BANK OF THE JAMES FINANCIAL GROUP INC.

“On March 18, 2024, each of Thomas W. Pettyjohn, Jr. and James F. Daly announced his intention not to seek re-election to the Board of Directors of the Bank of the James Financial Group, Inc. and its subsidiary Bank of the James.”

BANK OF THE JAMES FINANCIAL GROUP INC reported for the three months ended March 31, 2024 results: revenue 10.51 million, net income 2.19 million, EPS 0.48.

“2023. The recovery in 2024 was driven in part by a de cline in loans and continuing evaluation of risks inherent within the loan portfolio . Total interest income increased to $10.51 million in the first quarter of 2024 compared to $9.10 million in the first quarter of 2023 . The year-over-year increase primarily reflected the Company’s ongoing upward adjustments to”

BANK OF THE JAMES FINANCIAL GROUP INC engaged Elliott Davis, PLLC as its auditor.

“At the same meeting, the Audit Committee selected the accounting firm of Elliott Davis, PLLC (“Elliott Davis”) as the new independent registered public accounting firm for the Company’s 2024 fiscal year.”

BANK OF THE JAMES FINANCIAL GROUP INC dismissed Yount, Hyde & Barbour, P.C. as its auditor.

“At a meeting on March 12, 2024, the Audit Committee of Bank of the James Financial Group, Inc. (the “Company”) dismissed Yount, Hyde & Barbour, P.C. (“YHB”) as the Company’s independent registered public accounting firm upon completion of the 2023 audit and filing of the fiscal year 2023 Form 10-K.”

BANK OF THE JAMES FINANCIAL GROUP INC reported three and nine month periods ended September 30, 2023 results: net income $6.60 million or $1.44 per basic and diluted share, EPS $1.44 per basic and diluted share.

“Net income for the three months ended September 30, 2023 was $2. 08 million or $0. 4 6 per basic and diluted share compared with $2. 57 million or $0. 55 per basic and diluted share for the three months ended September 30, 2022. Net income for the nine months ended September 30, 2023 was $ 6.60 million or $ 1.44 per basic and diluted share compared with $ 7.01 million or $ 1.48 per basic and diluted share for the nine months ended September 30, 2022.”

BANK OF THE JAMES FINANCIAL GROUP INC reported six months ended June 30, 2023 results: net income $4.52 million, EPS $0.99.

“Net income for the six months ended June 30, 2023 was $4.52 million or $0.99 per basic and diluted share compared with $4.43 million or $0.93 per basic and diluted share for the six months ended June 30, 2022.”

BANK OF THE JAMES FINANCIAL GROUP INC reported the 12 months ended December 31, 2022 results: net income $ 8.96 million, EPS $ 1. 91 per basic and diluted share.

“Net income for the 12 months ended December 31 , 2022 was a Company record $ 8.96 million or $ 1. 91 per basic and diluted share”

BANK OF THE JAMES FINANCIAL GROUP INC reported the three months ended December 31, 2022 results: net income $ 1.95 million, EPS $0. 42 per basic and diluted share.

“Net income for the three months ended December 3 1 , 2022 was a record $ 1.95 million or $0. 42 per basic and diluted share”

Eric J. Sorenson, Jr. was appointed as Executive Vice President-General Counsel at BANK OF THE JAMES FINANCIAL GROUP INC.

“On July 1, 2022, Eric J. Sorenson, Jr., 56, became Executive Vice President-General Counsel of Bank of the James”

Robert R. Chapman III changed role as President of the Bank at BANK OF THE JAMES FINANCIAL GROUP INC.

“Robert R. Chapman III stepped down as President of the Bank.”

Michael A. Syrek was appointed as President of Bank of the James at BANK OF THE JAMES FINANCIAL GROUP INC.

“effective October 13, 2021, Michael A. Syrek, 49, will assume the role of President of Bank of the James”