Shore Bancshares, Inc. Adopts New Code of Ethics and Business Conduct

Shore Bancshares, Inc. announced that its Board of Directors has approved and adopted a new Code of Ethics and Business Conduct, effective May 21, 2026. This updated Code applies to all officers, directors, and employees, including principal officers. The revision resulted from a periodic evaluation and aims to clarify existing topics and add new ones. Importantly, the adoption of the new Code does not waive any provisions of the prior Code, and the underlying ethical principles remain substantively unchanged. The Code is designed to promote honest and ethical conduct, ensure accurate public disclosures, and ensure compliance with all applicable laws and regulations. It also outlines responsibilities for employees, managers, and the company regarding ethical conduct, reporting concerns, and protection from retaliation. The document details guidelines on conflicts of interest, handling confidential information, insider trading, gifts and entertainment, and compliance with laws and regulations, including those related to marketing, political contributions, and suspicious activities. The full text of the Code is available as an exhibit to the filing and on the company's website.