Results of Operations and Financial Condition. On July 23, 2026, National Bankshares, Inc. issued a press release reporting its financial results for the period ended June 30, 2026. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

Other Events. On July 2, 2026, National Bankshares, Inc. (“the Company”), announced the completion of a strategic repositioning of a portion of its securities available-for-sale portfolio (the “Portfolio Restructuring”). In the Portfolio Restructuring, the Company sold securities available-for-sale with a total amortized cost of $131.87 million and a weighted average yield of 1.80%. Following the sale, the Company purchased securities available-for-sale with a total amortized cost of $127.33…

Chairman of the Board — F. Brad Denardo: Mr. Denardo entered into a consulting agreement, extending his advisory role with the company.

Other Events. On May 13, 2026, National Bankshares, Inc. issued a press release announcing payment of a semi-annual cash dividend of $0.75 per share on June 1, 2026 to stockholders of record as of May 26, 2026. National Bankshares, Inc.’s press release also announced the renewal of the authorization of a stock repurchase plan under which the Company’s management is authorized to repurchase up to 250,000 shares of common stock in the open market during the period from June 1, 2026 through May…

Other Events. On May 1, 2026, National Bankshares, Inc. (the "Company"), announced the sale of its membership interest (held by the Company's subsidiary, National Bankshares Financial Services, Inc.) in Bearing Insurance Group, LLC to an unaffiliated third party, effective May 1, 2026. Based solely on information available to the Company on the date hereof, the Company estimates it will recognize a pre-tax gain of approximately $6.57 million on the transaction, which will be reported in the C…

Results of Operations and Financial Condition. On April 23, 2026, National Bankshares, Inc. issued a press release reporting its financial results for the period ended March 31, 2026. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

Executive Vice President and Chief Lending Officer — Paul M. Mylum: Mr. Mylum is resigning to relocate and accept a new position with another bank.

Results of Operations and Financial Condition. On January 22, 2026, National Bankshares, Inc. issued a press release reporting its financial results for the period ended December 31, 2025. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

Other Events. On November 13, 2025, National Bankshares, Inc. issued a press release announcing payment of a semi-annual cash dividend of $0.78 per share on December 1, 2025 to stockholders of record as of November 24, 2025. A copy of the press release is attached as Exhibit 99.1.

Results of Operations and Financial Condition. On October 23, 2025, National Bankshares, Inc. issued a press release reporting its financial results for the period ended September 30, 2025. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

Results of Operations and Financial Condition. On July 24, 2025, National Bankshares, Inc. issued a press release reporting its financial results for the period ended June 30, 2025. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

OTHER EVENTS On May 14, 2025, National Bankshares, Inc. issued a press release announcing payment of a semi-annual cash dividend of $0.73 per share on June 2, 2025 to stockholders of record as of May 27, 2025. National Bankshares, Inc.’s press release also announced the renewal of the authorization of a stock repurchase plan under which the Company’s management is authorized to repurchase up to 250,000 shares of common stock in the open market during the period from June 1, 2025 through May 3…

Results of Operations and Financial Condition. On April 24, 2025, National Bankshares, Inc. issued a press release reporting its financial results for the period ended March 31, 2025. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

CEO — F. Brad Denardo: Mr. Denardo is retiring from his positions as CEO and other senior roles, but will remain as a consultant.

Results of Operations and Financial Condition. On January 23, 2025, National Bankshares, Inc. issued a press release reporting its financial results for the period ended December 31, 2024. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

OTHER EVENTS On November 13, 2024, National Bankshares, Inc. issued a press release announcing payment of a semi-annual cash dividend of $0.78 per share on December 2, 2024 to stockholders of record as of November 25, 2024. A copy of the press release is attached as Exhibit 99.1.

Results of Operations and Financial Condition. On October 24, 2024, National Bankshares, Inc. issued a press release reporting its financial results for the period ended September 30, 2024. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

President — Lara E. Ramsey: Lara E. Ramsey was promoted to President.

RESULTS OF OPERATIONS, FINANCIAL STATEMENTS AND EXHIBITS On July 25, 2024, National Bankshares, Inc. issued a press release reporting its financial results for the period ended June 30, 2024. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

Director — William A. Peery: Mr. Peery is retiring to spend more time with his family and to pursue other interests.

Director — Alan J. Sweet: Mr. Sweet was appointed as a new director of the Company.

OTHER EVENTS On May 15, 2024, National Bankshares, Inc. issued a press release announcing payment of a semi-annual cash dividend of $0.73 per share on June 3, 2024 to stockholders of record as of May 28, 2024. National Bankshares, Inc.’s press release also announced the renewal of the authorization of a stock repurchase plan under which the Company’s management is authorized to repurchase up to 250,000 shares of common stock in the open market during the period from June 1, 2024 through May 3…

RESULTS OF OPERATIONS, FINANCIAL STATEMENTS AND EXHIBITS On April 25, 2024, National Bankshares, Inc. issued a press release reporting its financial results for the period ended March 31, 2024. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

RESULTS OF OPERATIONS, FINANCIAL STATEMENTS AND EXHIBITS On January 25, 2024, National Bankshares, Inc. issued a press release reporting its financial results for the period ended December 31, 2023. A copy of the press release is being furnished as an exhibit to this report and is incorporated by reference into this

Director — Lara E. Ramsey: Ms. Ramsey was appointed as a new director of the Company.