RESOLUTIONS OF THE
BOARD OF DIRECTORS
OF
UWHARRIE CAPITAL CORP
WHEREAS, the persons named below are designated as Reporting Persons of
Uwharrie Capital Corp (the Company) for purposes of Rule 16a (Reporting
Requirement) to the Securities and Exchange Commission (SEC):
1. Board of Directors Uwharrie Capital Corp
2. Roger L. Dick President and Chief Executive Officer
Uwharrie Capital Corp
Chief Executive Officer Uwharrie Bank
3. R. David Beaver, III Chief Financial Officer and
Chief Risk Officer
Uwharrie Capital Corp and
Uwharrie Bank
President Uwharrie Bank
4. Jason R. Andrew Chief Information Officer
Uwharrie Capital Corp and Uwharrie Bank
5. Christy D. Stoner President & Chief Executive Officer
Uwharrie Investment Advisors
Chief Marketing Officer
Uwharrie Capital Corp and Uwharrie Bank
6. Jeffrey L. Trout President Uwharrie Bank Mortgage
FURTHER, all other officers of the Company are excluded from policymaking
functions and, therefore, are not Reporting Persons of the Company.
FURTHER, those persons named will be responsible for complying with the
Pre-Clearance Policy for Uwharrie Capital Corp Stock Transactions as set forth
by the Board of Directors and for notifying Tamara M. Singletary, who has been
designated as the contact person of the Company for stock matters, prior to
engaging in any transaction involving or effecting any change in his/her
beneficial ownership of equity securities of the Company including, without
limitation, any change resulting from any private negotiation trade, market
trade through the Company, gifts, custodial accounts, trusts, corporations,
partnerships, marriages, deaths, incentive stock options, employee stock
purchase plan, employee benefit plan, etc. in order to prevent violations of
Rule 16a and 16b.
FURTHER, compliance with the reporting rules is the sole responsibility of the
individual Reporting Persons and not the Company; however, Tamara M. Singletary
or designee will assist persons with reporting forms to ensure timely filings
with the Securities and Exchange Commission (SEC).
Page 2 of 2
SEC Reporting Persons Resolution
Meeting of the UCC Board of Directors
February 16, 2021
FURTHER, the Reporting Persons authorize and designate Roger L. Dick, R. David
Beaver, or Tamara M. Singletary to sign SEC Forms 3, 4 and 5 and file in their
behalf, if needed. Notice of this signature authorization will be given to the
Securities and Exchange Commission by providing a copy of this resolution.
These actions being taken at a duly called meeting of the Uwharrie Capital
Corp Board of Directors on February 16, 2021, for which a quorum was present.
/s/ Tamara M. Singletary
Tamara M. Singletary
Executive Vice President &
Corporate Secretary
Uwharrie Capital Corp
Russell Randy T
Filed: 30 Jun 21, 3:16pm