Summit Financial Group, Inc. announced on December 4, 2023, John H. Shott notified the Chairman of the Board of Directors of the company that he voluntarily resigned his position as a member of the Board of Directors (the ? Board?) of the Company effective as of the end of the day on December 6, 2023, the date on which the shareholders of the Company approved the Agreement and Plan of Reorganization and accompanying Plan of Merger (the ?Merger Agreement?), dated as of August 24, 2023, by and between Burke & Herbert Financial Services Corp. (?Burke & Herbert?) and the Company.

In connection with his decision, Mr. Shott advised that his resignation was not due to a disagreement with the Company on any matter relating to the Company?s operations, policies or practices.