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

On November 1, 2024, Timothy G. Henry, President and Chief Executive Officer of Franklin Financial Services Corporation and President and Chief Executive Officer of its wholly-owned subsidiary, Farmers and Merchants Trust Company of Chambersburg, announced his retirement effective April 29, 2025. The board of directors has established a succession and search committee which has initiated the process to identify and engage his successor.