Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In a press release dated October 18, 2024 The Board of Directors of National Bankshares, Inc. and The National Bank of Blacksburg announced the appointment of Lara E. Ramsey as the Holding Company and Bank's President effective January 1, 2025. Ms. Ramsey had previously served as the Executive Vice President/Chief Operating Officer and Senior Vice President of Administration. She has dual Bachelor's Degrees from Radford University in Economics and Psychology and a Master's Degree in Industrial and Organizational Psychology from Radford University.

The Company's current President and Chief Executive Officer, F. Brad Denardo, will continue to serve as Chairman and Chief Executive Officer of the bank and holding company.