Ollin B. Sykes (56) is nominated to serve as a director of the Company.Mr. Sykes
was recommended to the Nominating and Governance Committee
for consideration as a director nominee by a shareholder of the Company.Since 1984, he
has served as the President of Sykes & Company, P.A.
, a regional accounting firm specializing in accounting, tax and financial advisory services.Mr. Sykes earned his Bachelor of Science degree in accounting at Mars Hill College and is a Certified Public Accountant and a Certified Management Accountant.Mr. Sykes is a member of the Board of Directors of Gateway Financial Holdings, Inc., (NASDAQ: GBTS) a bank operating throughout North Carolina and Virginia, where he also serves as Chairperson of the Audit Committee and on several other committees of the Board.In addition, he serves as a director for the Edenton-Chowan Community Foundation, Inc.
THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE ELECTION OF EACH OF THE DIRECTOR NOMINEES.
If elected to serve on the Board of Directors, director nominees Mr. Bird, Mr. Cattermole and Mr. Sykes
(the "independent director nominees") will also be independent in accordance with applicable NASDAQ listing standards.