FARMERS NATIONAL BANC CORP

Farmers National Banc Corp. is a financial holding company organized in 1983 under Ohio law and registered under the Bank Holding Company Act of 1956. The company declared itself a financial holding company in 2016, which allows it to engage in financial activities such as securities underwriting and dealing, insurance agency and underwriting, and merchant banking. It operates primarily through its wholly-owned subsidiaries: The Farmers National Bank of Canfield and Farmers Trust Company. Farmers National Insurance, LLC and Farmers of Canfield Investment Co. are wholly-owned subsidiaries of The Farmers National Bank of Canfield. A third subsidiary, Farmers National Captive, Inc., was dissolved in November of 2023. The company and its subsidiaries operate in the domestic banking, trust, retirement consulting, insurance, and financial management industries. Its principal business involves owning and supervising its subsidiaries, directing overall policies, including lending practices and financial resources, while day-to-day affairs are managed by the subsidiaries' respective officers. The company's principal executive offices are located at 20 South Broad Street, Canfield, Ohio 44406. Its common shares are listed on the NASDAQ Capital Market under the symbol "FMNB." Farmers' business activities and financial performance are managed and reported in two primary lines of business: the Bank segment and the Trust segment.