Jonathan ("JD") Dale Appointed Avidbank President

SAN JOSE, CA / ACCESS Newswire / August 3, 2026 / Avidbank Holdings, Inc. (the "Company") (NASDAQ:AVBH), the holding company for Avidbank, a California state-chartered bank (the "Bank" or "Avidbank"), today announced the appointment of Jonathan M. Dale (JD) as the Bank's President, who will also serve as the Company's President, effective August 3, 2026. Mr. Dale will report to the Company's and the Bank's Chairman and Chief Executive Officer, Mark D. Mordell.

Over the last several years, the Company and the Bank Board of Directors have been focused on building a sustainable executive team along with prudent succession planning. Mr. Dale's appointment reflects the deliberate approach to leadership succession that Avidbank has undertaken. Adding a President with Mr. Dale's qualifications is a foundational step in the plan designed to provide leadership continuity, organizational depth and stability, and a seamless transition in the years ahead.