On September 11, 2023, George E. Norcross issued a press release confirming that he supports Republic First Bancorp, Inc.?s ongoing efforts to raise additional capital. George E. Norcross stated that he remains actively engaged with the Company and other parties on capital raising solutions, including conversations with another financial institution about a potential transaction. George E. Norcross also stated that he has paused his litigation efforts against the Company, and he is focused on helping the Company reach a transaction that provides additional capital.

George E. Norcross added that he has filed a preliminary proxy statement accompanied by a George E. Norcross? proxy card with the Securities and Exchange Commission in support of the election of Gregory B. Braca, Mary Pat Christie, and Daniel J. Hilferty to the board of directors of the Company to occur at the 2022 annual meeting of shareholders scheduled for October 5, 2023.