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ANYTOWN TRUST COMPANY ANYTOWN ANYCOUNTY ANYSTATE

Board of Directors’ Meeting

XXX XX, 2022

The Board of Directors of Anytown Trust Company held its (monthly/bi-monthly/quarterly) meeting on XXX XX, at 9:30 am. Director’s present were John Smith, JoAnna Weatherly, Kathy Battles, Sue Cox, and Joe Millsap. Also, present was Compliance Officer Pac Man, Chief Financial Officer Alice McQueen, and Recording Secretary Daily Historian.

Mr. Smith called the meeting to order at 9:38am and welcomed all in attendance.

The first item on the agenda is approval of the XXX XX, 2022, Board Meeting minutes. A motion was moved and seconded to accept the minutes with no changes noted. The motion passed unanimously. The Trust Administrative Committee (TAC) minutes from the meetings of XXXX XX, 2022 and XXXX XX, 2022 were presented. The reports were reviewed by the Board and discussion followed. A motion was moved and seconded to accept the minutes. The motion passed unanimously. The Trust Investment Committee (TIC) minutes from the meetings of XXXX XX, 2022 and XXXX XX, 2022 were presented. The reports were reviewed by the Board and discussion followed. A motion was moved and seconded to accept the minutes. The motion passed unanimously. The Fiduciary Oversight Committee minutes from the meetings of XXXX XX, 2022 and XXXX XX, 2022 were presented. The reports were reviewed by the Board and discussion followed. A motion was moved and seconded to accept the minutes. The motion passed unanimously. The Compliance report for XXX XX, 2022 was presented and discussed. Mr. Smith noted that the 2021 financial statement audit was completed last month and that the state banking examiners are on-site for their mandatary scheduled examination. The lead examiner mentioned that if any director would like to speak with the exam team, they are welcome to do so at any time. CFO McQueen presented the (monthly/bimonthly/quarterly) financial reports for XXX XX, 2022, and any subsequent months if applicable. The balance sheet reflects current assets of $500,000. Fixed assets are $1,500,000 and represent 100% of the total equity of $1,498,000. The profit and loss statement reflected net income of $306,000 for the month (or two months bimonthly or three months-quarterly) ending XXX XX, 2022. Ms. McQueen noted that cash

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