Farmers & Merchants Bancorp, Inc. Announces 32nd Consecutive Annual Increase in Dividend and a Special Dividend Commemorating America’s 250th Anniversary

Lars B. Eller, President and Chief Executive Officer of Farmers & Merchants Bancorp, Inc.

“Our 32(nd) consecutive annual dividend increase reflects F&M’s consistent financial performance, strong capital position and long-term commitment to delivering value to our shareholders. Over the past 10 years, F&M’s annualized dividend has increased by approximately 109%, underscoring the consistency and durability of our commitment. Returning capital through a growing dividend remains an important component of our disciplined capital allocation strategy, and we are proud to maintain one of the longest records of consecutive annual dividend increases among publicly traded banks.”

Lars B. Eller, President and Chief Executive Officer of Farmers & Merchants Bancorp, Inc.

“As we commemorate America’s 250(th) anniversary, our Board is also pleased to declare a special $0.01 per share dividend, bringing our total third-quarter payment to $0.25 per share. F&M’s history spans nearly 130 years, and we are proud to recognize this important national milestone while sharing our continued success with our shareholders.”