Primis Financial Corp. NASDAQ: FRST Fourth Quarter 2025 Forward-Looking Statements This presentation and certain of our other filings with the Securities and Exchange Commission contain statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward- looking statements. ...

Financial Performance Highlights - Net income increased significantly to $6.8 million in Q3'25, a 180% increase QoQ and a 456% increase YoY[15] - Diluted EPS also saw substantial growth, reaching $0.28 in Q3'25, reflecting a 180% increase QoQ and a 464% increase YoY[15] - Tangible book value per share increased to $11.71 in Q3'25, a 2% increase QoQ and a 1% increase YoY[15] - Core net interest margin improved to 3.15% in Q3'25, a 3 bps increase QoQ and a 35 bps increase YoY[15] - Return on Average Tangible Common Equity reached 9.45% in Q3'25, a 604 bps increase QoQ and a 771 bps increase YoY[15] Balance Sheet and Loan Portfolio - Total loans by division: Core Bank accounts for $2.286 billion (67%), Mortgage Warehouse $327 million (10%), Panacea $548 million (16%), Life Premium Finance $140 million (4%), and Consumer Program $101 million (3%)[35] - Total deposits by division: Core Bank holds $2.133 billion (64%), Digital $1.036 billion (31%), Panacea $133 million (4%), and Mortgage Warehouse $34 million (1%)[35] - Panacea's deposits outstanding at Q3'25 were $133 million, up 19% from the previous quarter[26] Mortgage Warehouse Division - The mortgage warehouse division had an ending Q3 balance of $327 million[19] - The mortgage warehouse division's yields are structured to give the bank around 75 to 100 bps over the note rate[19]