Bank of Marin Bancorp Announces James C. Hale as New Board Chair

NOVATO, CA – May 28, 2025 – Bank of Marin Bancorp (NASDAQ: BMRC) and Bank of Marin, its wholly owned subsidiary, announce James C. Hale has been elected chair of their Boards of Directors effective May 21. He succeeds long-time board member Willie McDevitt who retired after nearly 20 years of service to the Bank of Marin Bancorp and Bank of Marin boards.

“We are fortunate to have someone with Jim’s experience, industry vision, and institutional knowledge stepping into this role,” said Tim Myers, president and chief executive officer, Bank of Marin. “We welcome him to his new role and look forward to the board’s vision and support as we, together, guide the bank into its next chapter.”

“I anticipate working closely with my board colleagues to support our CEO and his leadership team to enhance the Bank’s long-term value to our shareholders, while delivering best in class services to our clients and strengthening the communities we serve,” adds Hale.

Hale, who was elected to the board in 2014 and has served as its Audit Committee chairman and financial expert, has extensive knowledge and experience in the financial services industry. He launched and grew multiple businesses, including founding and serving as managing general partner of FTV Capital and its predecessor firm, FTVentures, an investment firm specializing in venture capital and private equity investments in financial technology companies worldwide. Before FTV Capital, he was a senior managing partner at BancAmerica Securities—formerly Montgomery Securities—where he founded and managed the financial service corporate finance practice. Additionally, he advised scores of public and private companies, notably on complex financial transactions, an area in which he is an industry expert.

The California native earned his Bachelor of Science in Accounting and Finance from University of California, Berkeley, and his MBA from Harvard Business School. Additionally, he is a certified public accountant (inactive).

This transition is part of thoughtful succession planning and reflects the Board’s commitment to continuity in governance and long-term strategy.

About Bank of Marin Bancorp

Founded in 1990 and headquartered in Novato, Bank of Marin is the wholly owned subsidiary of Bank of Marin Bancorp (Nasdaq: BMRC). A leading business and community bank with assets of $3.8 billion, Bank of Marin provides commercial and personal banking, specialty lending, and wealth management and trust services throughout its network of 27 branches and eight commercial banking offices serving Northern California. Specializing in providing legendary service to its customers and investing in its local communities, Bank of Marin has consistently been ranked one of the “Top Corporate Philanthropists” by San Francisco Business Times since 2003, was inducted into NorthBay Biz’s “Best of” Hall of Fame in 2024, and ranked top 10 in Sacramento Business Journal’s Corporate Direct Giving List for philanthropic efforts in 2023. Bank of Marin Bancorp is included in the Russell 2000 Small-Cap Index and Nasdaq ABA Community Bank Index. For more information, visit www.bankofmarin.com.