COMMUNITY BANCORP /VT

Although the Company does not itself own or lease real property, the Bank owns and leases various properties for its banking operations. All of the Bank’s offices are located in Vermont, other than its loan production office in Grafton County, New Hampshire.

The Company's administrative offices are located at the main offices of the Bank on U.S. Route 5 in Derby, Vermont, with total office space of approximately 34,000 square feet, including retail banking offices, an operations center as well as a community room used by the Bank for meetings and various functions. This community room has a secure outside access making it possible for the Bank to offer it to non-profit organizations after banking hours free of charge. This office is equipped with a remote drive-up facility and a drive-up ATM as well as an inside lobby ATM. The Company leases space at this office to its affiliated trust and wealth management affiliate, CFSG, on arms’ length terms.

In addition to its main office, the Company currently owns or leases the following premises in six Vermont counties and one New Hampshire County:

1**All listed locations are operating bank branch offices, except as otherwise noted in footnote 3.

*2The Bank leases space at two of its branch locations to its affiliated trust and investment management affiliate, CFSG, on arms’ length terms. *

3**Loan production offices (LPO), in Chittenden County, in northwestern Vermont and Grafton County, in western New Hampshire.

The Company maintains ATMs at the main office and all branch locations.

All of the Company’s owned premises are free and clear of any mortgage or encumbrances and, in management’s view, all locations are suitable for conducting the Bank’s business.