Effective August 29, 2023, the boards of directors of Farmers and Merchants Bancshares, Inc. and Farmers and Merchants Bank elected Robert G. Pollokoff to serve as a director of the Company and the Bank. The boards expect to appoint Mr. Pollokoff to the Directors? Loan Committee, the Facilities Committee and the Marketing Steering Committee.

Mr. Pollokoff, age 63, is the President and Chief Executive Officer of The Fedder Company. He began with The Fedder Company in 1984 as Property Manager and was appointed President in 1998. Mr. Pollokoff is a native of Baltimore, Maryland and attended Bucknell University in Lewisburg, Pennsylvania.

After graduating in 1981, he began his career at City Federal Financial in New Jersey, where he eventually was an assistant loan officer in their commercial mortgage lending division. In 1990, Mr. Pollokoff received a Masters Degree in Business Administration from Loyola University in Baltimore, Maryland, where he also taught senior finance majors a course in real estate investment. From 1991 to 1998, Mr. Pollokoff served on the Board of Comprehensive Housing Assistance, Inc., a non-profit agency that provides housing assistance for the elderly as well as first-time home buyers in the Upper Park Heights community of Baltimore, Maryland.

He was President from 1997 to 1998. Currently, Mr. Pollokoff serves on the Board of the Associated Jewish Charities, where he is the Chairperson of Funds and Foundations, helping direct donors meet their charitable goals. He has also volunteered his services to Habitat for Humanity.

The boards of directors of the Company and the Bank believe that Mr. Pollokoff?s qualifications to serve as a director include his many years as President and Chief Executive Officer of The Fedder Company, his vast real estate experience and knowledge, his dedicated community involvement, and his experience as a board member of various other organizations.