United Bankshares, Inc. announced that on April 3, 2023, Jerold L. Rexroad provided notice of his retirement as Executive Vice President of United Bankshares, Inc. (the Company) and Chairman of the Carolinas for United Bank. Additionally, on April 4, 2023, Mr. Rexroad offered his resignation from the Board of Directors of the Company to Richard M. Adams, Executive Chairman of United Bankshares, Inc. The Governance and Nominating Committee accepted the resignation. Mr. Rexroad plans to retire from the banking industry to pursue other opportunities and will no longer serve as a director of the Board or an executive officer of the Company effective April 14, 2023.

Mr. Rexroad's departure did not arise or result from any disagreement with the Company.