Dear Fellow Shareholder,

We are pleased to inform you that we are preparing for our upcoming Special Meeting, which will be held on Wednesday August 12, 2026 at 10:00 am Pacifi c Time. Enclosed are the proxy materials, which provide detailed information regarding the proposals to be considered at the Special Meeting. We encourage you to review these materials carefully. You may attend the meeting at www.virtualshareholdermeeting.com/PFLC2026SM.

The proposed merger represents an exciting opportunity to create a stronger organization with enhanced resources, expanded capabilities, and greater opportunities to deliver long-term value to our shareholders, customers, employees, and communities. Your support is an important and necessary step in helping us realize these benefi ts.

Pacific Financial Corporation’s Board of Directors recommends you vote “FOR” each of the proposals described in the proxy materials. Shareholders may vote by mail, by phone or by visiting www.proxyvote.com. Additionally, if you have any questions or require assistance with voting your shares, please feel free to contact our proxy solicitor, D.F. King & Co., Inc., toll free at (866) 342-4884 or PFLC@dfking.com. Prompt participation will help ensure that all voting requirements are met and allow us to move forward efficiently with the Special Meeting process.

If you have any questions, please contact your financial advisor or visit our website at https://ir.bankofthepacific.com. Thank you for your continued support and for taking the time to vote.