Shore Bancshares Announces Resignation of Board of Director John H. Wilson

1/6/20

Shore Bancshares, Inc. (NASDAQ:SHBI) announced today that John H. Wilson, one of its distinguished board members resigned on January 3, 2020, made effective as of January 1, 2020.

Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer stated, "We are saddened by the recent announcement of Mr. Wilson's retirement from the board due to personal reasons. He has been a long-standing member of our board and remains a well-known business leader in the Eastern Shore community." Frank E. Mason, III, Chairman of the Board, commented, "Mr. Wilson has served on our Board for the past 10 years and his insight and experience will be sorely missed. We thank Mr. Wilson for his dedication and commitment to serving on our board and our community of customers."

Shore Bancshares Information

Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland's Eastern Shore. It is the parent company of Shore United Bank. Shore Bancshares engages in trust and wealth management services through Wye Financial & Trust, a division of Shore United Bank. Additional information is available at www.shorebancshares.com.

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