Material Event Form 8 K

Item 8.01 Other Events.

On September 18, 2024, Eagle Financial Services, Inc. (the "Company") held a meeting at which its stock repurchase program was re-authorized. The Board of Directors of the Company, by resolution, authorized and approved the Company's purchase of up to 150,000 shares of the Company's common stock, par value $2.50 per share (the "Common Stock"), over a period ending June 30, 2025 (the "Purchase Period").

Purchases may be made through open market repurchases, privately negotiated transactions, trading plans adopted pursuant to Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), block transactions or otherwise, at any time or from time-to-time during the Purchase Period, out of funds legally available therefor and at a price per share or prices per share as shall be determined by authorized officers of the Company in light of prevailing market conditions, the Company's available resources, the impact on the Company's capital ratios and other factors that the authorized officers may deem relevant and which shall in all cases be no greater than two hundred percent (200%) of the Company's book value per common share as of the most recent month end. There is no assurance that the Company will purchase any shares under this program