On February 28, 2020, Michael D. Gordon, notified the Boards of Directors of Salisbury Bancorp, Inc. and its subsidiary, Salisbury Bank and Trust Company of his intent to retire as a director, effective as of May 13, 2020, the anticipated date of the Company’s 2020 Annual Meeting of Shareholders. Mr. Gordon’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On February 28, 2020, Polly Diane Hoe, notified the Boards of Directors of the Company and the Bank of her intent to retire as a director, effective as of May 13, 2020, the anticipated date of the Company’s 2020 Annual Meeting of Shareholders. Ms. Hoe’s retirement is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. Effective February 28, 2020, in order to provide for an equal appointment of the members of the Board among the three classes of the Company’s Board, Charles M. Andola executed a waiver and consent to resign from the class of directors continuing in office until the Company’s 2023 Annual Meeting of Shareholders and to be immediately reappointed by the Board as a director continuing in office until the Company’s 2021 Annual Meeting of Shareholders. Effective February 28, 2020, in order to provide for an equal appointment of the members of the Board among the three classes of the Company’s Board, Nancy F. Humphreys executed a waiver and consent to resign from the class of directors continuing in office until the Company’s 2023 Annual Meeting of Shareholders and to be immediately reappointed by the Board as a director continuing in office until the Company’s 2022 Annual Meeting of Shareholders.