SMARTFINANCIAL INC.

SmartFinancial, Inc. is a bank holding company incorporated on September 19, 1983, under Tennessee law. The company's primary activity is the ownership and operation of SmartBank, a Tennessee-chartered commercial bank established in 2007 with its principal office in Pigeon Forge, Tennessee. SmartFinancial facilitates SmartBank's ability to provide financial services and offers flexibility for expansion through potential acquisitions of other financial institutions and the provision of additional banking-related and certain non-banking services. SmartBank's principal business involves attracting deposits from the general public and investing these funds, along with funds generated from operations and loan payments. These investments are primarily directed towards commercial loans, commercial and residential real estate loans, leases, consumer loans, and residential and commercial construction loans. Funds not allocated to the loan and lease portfolio are primarily invested in obligations of the U.S. Government, U.S. Government agencies, and various states and their political subdivisions.