On March 7, 2024, Young Park notified MetroCity Bankshares, Inc. and Metro City Bank, of his decision to resign as a member of the Board of Directors of the Company and the Bank, effective as of May 31, 2024. As a result, Mr. Park will also be resigning as a member of the Company's Compensation Committee. Mr. Park's decision to resign is not the result of any disagreement with the Company or its management on any matter relating to the Company's operations, policies or practices.