Mid Penn Bancorp, Inc. (NASDAQ:MPB) ("Mid Penn" or the "Corporation"), the parent company of Mid Penn Bank and MPB Financial Services, LLC, is pleased to announce the reauthorization and expansion of its treasury stock repurchase program, which now accommodates up to an additional $50 million in repurchase activity.

On April 21, 2026, the Board of Directors of Mid Penn (the "Board") approved the renewal of the Corporation's treasury stock repurchase program through April 30, 2027, as well as an increase in the number of shares available for future repurchases under the program. As modified, the repurchase program authorizes the Corporation to repurchase up to an additional $50 million of Corporation common stock, from time to time.