Effective November 19, 2020, the Board of Directors of Macatawa Bank Corporation appointed Nicole Dandridge to the Board of Directors of the Corporation. Ms. Dandridge will serve for a term expiring at the 2023 annual meeting of shareholders. Ms. Dandridge will serve as a member of the Governance Committee of the Board of Directors. Ms. Dandridge was appointed to the Board of Directors as the representative of White Bay Capital LLC pursuant to a Board Representation Agreement dated November 5, 2008 between White Bay and the Corporation. The Board Representation Agreement requires the Corporation to use its best efforts to cause a representative of White Bay to be elected to the Corporation’s Board of Directors and the Board of Directors of Macatawa Bank, a wholly owned subsidiary of the Corporation (the "Bank"). Accordingly, Ms. Dandridge was also appointed as a member of the Board of Directors of the Bank. Ms. Dandridge replaces the prior representative of White Bay, Mark J. Bugge, who resigned in March 2019.