Carolina Trust BancShares, Inc. has appointed Ralph N. Strayhorn, III to its board of directors. He has not been appointed to any committees of the Company’s board of directors at this time. Mr. Strayhorn also serves as a member of the board of directors of Carolina Trust Bank, a subsidiary of the Company, and he is Managing Partner of Cape Point Advisory Partners, LLC, Charlotte, NC. During 14 of the last 22 years, he has served as an executive officer of four banks in North Carolina and one in Florida, served on the board of directors of all five of these banks and served as President and CEO of four of these banks.