On May 15, 2023, George A. Norcross, III, Gregory B. Braca, and Philip A. Norcross, the Group publicly announced its intention to nominate Gregory B. Braca for election at Republic First Bancorp, Inc's 2022 annual meeting of shareholders and is considering other qualified candidates to stand for election for the other directorship up for election at the Company's 2022 annual meeting of shareholders. The Group also publicly announced its intention to nominate candidates to stand for election at the Company's 2023 annual meeting of shareholders. The Group also plans to resume its direct communications with the Company's shareholders and resume litigation regarding the Company's reduction of the board size in 2022.