Republic First Bancorp, Inc. Announces the Election of Andrew B. Cohen as Independent Chairman of the Board of Directors

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May 30, 2023

Republic First Bancorp, Inc. (NASDAQ: FRBK) (“Republic” or the “Company”), the parent company of Republic First Bank d/b/a Republic Bank (the “Bank”), today announced that Andrew B. Cohen has been elected independent Chairman of the Company’s Board of Directors (the “Board”), effective June 1, 2023. Mr. Cohen is the Chief Investment Officer and Co-Founder of Cohen Private Ventures LLC, a long-term shareholder of Republic. He joined the Board in 2017.