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
3. R. David Beaver, III Chief Financial Officer;
Chief Risk Officer
Uwharrie Capital Corp
4. Jason R. Andrew Chief Information Officer
Uwharrie Capital Corp
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 Company's
contact person 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
will assist persons with reporting forms to ensure timely filings with the
Securities and Exchange Commission (SEC).
FURTHER, the "Reporting Persons" authorize and designate Roger L. Dick, R.
David Beaver, III, 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.
Page 2 of 2
SEC "Reporting Persons" Resolution
UCC Board of Directors
January 21, 2020
These actions being taken at a duly called meeting of the Uwharrie Capital
Corp Board of Directors on January 21, 2020, for which a quorum was present.
/s/ Tamara M. Singletary
Tamara M. Singletary
Executive Vice President &
Corporate Secretary
Uwharrie Capital Corp
Foster Deidre B
Filed: 23 Jun 20, 1:04pm