On September 7, 2016, SmartFinancial, Inc. announced that its Executive Vice President and Chief Operating Officer, John H. Coxwell, Sr., will be concluding his duties with the Company and its wholly-owned subsidiary, SmartBank. Mr. Coxwell’s last day as an officer was previously reported to be December 5, 2016, which marks the end of the two-year term set out in his current employment agreement. However, that date has been accelerated due to health reasons. While the Company will continue to perform its obligations under the employment agreement until December 5, 2016, as planned, Mr. Coxwell’s final day as an officer of the Company will be effective September 29, 2016. For the time period beginning September 29, 2016, and until his employment agreement expires, Mr. Coxwell will continue as an employee of the Bank and will be available to assist the Bank and the Company, as needed.