MVB FINANCIAL CORP

Our operations are subject to many risks that could adversely affect our future financial condition and performance, including the risk factors that are described in the 2025 Form 10-K. There have been no material changes in our risk factors from those disclosed, except for the following:

Expansion into new specialty lending programs, including litigation finance, exposes us to unique and heightened risks that could adversely affect our business, financial condition and results of operations.

We periodically evaluate and enter into new specialty lending programs as part of our strategic growth initiatives, including programs involving non-traditional asset classes, such as litigation finance. While we believe diversifying our loan portfolio and expanding into new markets can create long-term value for our shareholders, these activities introduce risks that differ materially from those associated with our existing banking operations. Our experience, historical loss data and established underwriting frameworks may not be directly applicable to these new specialty lending categories, and we may be unable to accurately assess or manage the risks inherent in them. There can be no assurance that our entry into new specialty lending programs will be profitable, and our failure to effectively identify, evaluate and manage the unique risks associated with such programs could have a material adverse effect on our business, financial condition and results of operations.