OHIO VALLEY BANC CORP

IMPACT OF PARTICIPATING IN THE OHIO HOMEBUYER PLUS PROGRAM:

During the third quarter of 2024, the Company began participating in a program offered by the Ohio Treasurer (the “Treasurer”) called the Ohio Homebuyer Plus. The program is designed to encourage Ohio residents to save for the purchase of a home. As a participant in the program, the Company developed the “Sweet Home Ohio” deposit account to offer participants an above-market interest rate of 5.83%, along with a deposit bonus to assist customers in achieving their home savings goals. For each Sweet Home Ohio account that was opened, the Company received a deposit from the Treasurer at a subsidized interest rate of 0.86%. In relation to program changes implemented by the Treasurer post implementation, the rate on the matching funds increased to 1.66% at December 31, 2025. Accounts connected with Ohio Homebuyer Plus must be used within five years and the corresponding balance of Treasurer deposits will fluctuate based upon active customer accounts. At December 31, 2025, the balance of Sweet Home Ohio accounts totaled $9,478 compared to $6,775 at December 31, 2024. At December 31, 2025, the amount of Treasurer deposits totaled $69,899 compared to $97,366 at December 31, 2024. Since the Treasurer deposits are classified as public funds, which are required to be collateralized, the Company invested the funds in securities to be pledged as collateral to the Treasurer. At December 31, 2025, the balance of securities used to collateralize the Treasurer deposits totaled $61,315 compared to $102,871 at December 31, 2024. In addition, at December 31, 2025, the Company utilized $12,050 in letters of credit issued on the Bank’s behalf by the FHLB to collateralize the amount of the Treasurer’s balance not covered by securities. The balance at December 31, 2024 was fully collateralized by securities.