CHESAPEAKE FINANCIAL SHARES, INC.

Chesapeake Financial Shares, Inc. is a bank holding company whose principal business activity consists of ownership in Chesapeake Bank (the Bank) and Chesapeake Wealth Management, Inc. (CWM). The Bank is a full-service lender and provider of deposit services to individuals and businesses. The Bank operates 16 branches: four in the Northern Neck, three in the Middle Peninsula, five in Williamsburg and four in Richmond. CWM is an independent wealth management firm offering brokerage, trust, and estate management services. The Bank’s loan portfolio includes commercial and commercial real estate loans, single-family residential and construction/land loans, and consumer loans. Its securities available for sale include securities of state and political subdivisions, mortgage-backed securities, and other debt securities. Employees 130 Sector Banks