On January 15, 2019, the Board of Directors of Parkway Acquisition Corp. appointed Lori Vaught as Executive Vice President and Chief Financial Officer of the Company and its wholly owned subsidiary, Skyline National Bank (the "Bank"), effective immediately. Ms. Vaught succeeds Blake Edwards, who was appointed President and Chief Executive Officer effective January 1, 2019, as Chief Financial Officer.

Ms. Vaught, age 45, has served in various roles at the Company and the Bank and its predecessors, Grayson Bankshares Inc. and Grayson National Bank, since 2002, including as Controller from August 2012 to January 2019 and as Vice President of Loan Operations from September 2002 to August 2012.