On July 19, 2022, Dr. Julie Agnew notified C&F Financial Corporation (the “Corporation”) of her resignation from the Board of Directors (the “Board”) of the Corporation, effective August 16, 2022. Dr. Agnew informed the board that she has accepted an offer of employment with an investment manager which precludes her service as a director for any company whose stock is publicly traded and that her resignation is not the result of a disagreement with the Corporation on any matter relating to the Corporation's operations, policies, or practices. The Corporation is grateful for Dr. Agnew's contributions as a valuable member of the Board since 2017.

Dr. Agnew has also served on the board of directors of Citizens and Farmers Bank, the Corporation's commercial banking subsidiary, since 2016 and has served as a member of the Board's Audit Committee and Nominating Committee.