Institutional Shareholder Service Urge Middlefield Banc Shareholders Vote In Favor Of Proposed Merger With Farmers National Banc

Middlefield Banc Corp. (NASDAQ:MBCN) today announced that Institutional Shareholder Services, Inc. ("ISS"), an independent proxy advisory firm, has recommended shareholders vote "FOR" all proposals at the Special Meeting of Shareholders to be held virtually on February 10, 2026, including the Company's proposed merger of Middlefield Banc Corp. ("Middlefield"), the holding company for The Middlefield Banking Company ("Middlefield Bank"), into Farmers National Banc Corp. ("Farmers") (NASDAQ:FMNB), the holding company for The Farmers National Bank of Canfield ("Farmers National Bank").

ISS is widely recognized as a leading independent voting and corporate governance advisory firm. ISS analyses and recommendations are relied on by many major institutional investment firms, mutual funds and fiduciaries throughout North America.