On September 19, 2023, Driver Management Company LLC announced that it has sent a letter to J. Michael Adams, Chairman of the board of directors of AmeriServ Financial, Inc., in a receipt of a letter (the Rejection Letter), dated September 14, 2023, from Stacey Scrivani of Steven & Lee that was sent in response to Driver Management letter of September 7, 2023 (the Demand Letter) demanding to inspect certain books and records of the Company. Driver Management mentioned that among the books and records covered by the September 7, 2023 Demand Letter were any documents concerning: i) the process for, and the criteria to be used, in granting the approval contemplated by the Interlocks Bylaw; ii) the process for, and the criteria to be used, in determining that a person should be precluded from serving as a director as contemplated by the Background Check Bylaw; and iii) the Board?s background check policy. In addition, Driver Management stated that based upon the rejection letter, it appears that the Company will not allow Driver Management to inspect any documents concerning the above matters.

If that is correct, please confirm that is the case.