• Virginia National Bankshares entered management continuity agreement dated May 11, 2026 with Executive Vice President, Chief Financial Officer Cathy W. Liles.
• Agreement requires continued employment for two years following change in control with commensurate authority, pay, benefits.
• If employment ends without cause or for good reason within six months before change in control or during two-year period, severance set at two times base salary at termination and average annual bonus for two most recent years.
• Package also includes up to 18 months of welfare benefit continuation, cash payment tied to company 401(k) contributions for two years before termination.
• Annual base salary increased to $375,000, subject to annual adjustment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virginia National Bankshares Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-225478), on May 15, 2026, and is solely responsible for the information contained therein.