On November 17, 2022, the board of directors of Mercantile Bank Corporation promoted Brett Hoover to the role of Senior Vice President, Human Resources Director of the Company. Mr. Hoover will assume his new role effective January 1, 2023. Mr. Hoover (age 52) has been serving as Senior Vice President, Human Resources Director of the Company's wholly-owned banking subsidiary, Mercantile Bank (the “Bank”), since March 4, 2022, and Mr. Hoover will continue in this role with the Bank after his promotion.

Mr. Hoover has been an employee of the Bank for over 15 years, and the executive management team believes Mr. Hoover is well suited for his new role with the Company.