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April 30, 2018 — Chesapeake Bank and Trust is very pleased to announce the election of Mr. James E. Gillespie (Jim) to its Board of Directors. He will also serve on the Board of Directors of Chesapeake Bancorp, the Bank’s holding company. Mr. Gillespie was previously a member of both Boards of Directors from 2000 to 2012.

“As a well-known and respected businessman, we are delighted to have Jim rejoin our board,” remarked Glenn L. Wilson, President and CEO of Chesapeake Bank and Trust.

Mr. Gillespie is the Chief Executive Officer and fourth generation owner of Gillespie & Son, Inc., a family-founded ready mix concrete company based in Chestertown, Maryland and established in 1922. During Mr. Gillespie’s tenure, he founded Gillespie Precast, LLC and Delmarva Castings and Supplies in Chestertown, manufacturing concrete precast structures that service the Maryland, Delaware and Virginia markets. In 2013, Mr. Gillespie acquired another precast facility in Greenwood, Delaware. There are over 125 employees on the Gillespie team. In addition to his business, Mr. Gillespie also oversees a number of his farm holdings on the Eastern Shore.

“I am honored and excited to be rejoining and serving on the Board of Directors of Chesapeake Bank and Trust Company,” said Mr. Gillespie. “As a local business owner, I realize the importance of a community-focused financial institution. I look forward to serving our clients, both current and potential, and doing my part to preserve the future of CB&T.”

Mr. Gillespie is currently serving a second term on the Board of Directors of Chester River Yacht & Country Club. He is a past member of the Boards of Directors of Willard Agri-Service and Kent County Chamber of Commerce; the Board of Trustees of Kent School; and a past President of the Maryland Ready Mix Concrete Association.

Mr. Gillespie resides in Chestertown with his wife, Erin. They have two grown sons, Andrew and Patrick, the fifth generation, who joined the company in 2013 and 2017, respectively.

Chesapeake Bank and Trust is a locally owned and managed bank headquartered in Chestertown. Chesapeake prides itself in providing an unparalleled level of service across credit, deposit and investment services for Kent and Queen Anne’s County businesses and individuals. It is a wholly-owned subsidiary of Chesapeake Bancorp which is also headquartered in Chestertown.

For more information, contact Chesapeake Bank and Trust at 410-778-1600, or visit www.chesapeaketrust.com. Chesapeake Bank and Trust’s main branch is located at 245 High Street, Chestertown, Maryland 21620.