Leadership changes at United Community Banks Inc (2026)

Reported

On August 13, 2026, the Board of Directors of United Community Banks, Inc. (the " Company ") approved the hiring of Tom Speir to succeed Jefferson L. Harralson as the Company's Chief Financial Officer (" CFO ") effective September 8, 2026 (the " Transition Date ").

Also stated in this filing

• Mr. Harralson will continue as CFO until the Transition Date and, thereafter, in order to ensure an orderly transition of his duties and responsibilities, will continue in his employment with the Company from the Transition Date through December 31, 2026.
• Mr. Speir, age 44, has more than 20 years of experience in financial services, having held a diverse array of roles in corporate treasury, strategy, corporate development and portfolio management.
• Since April 2026, Mr. Speir has served as Head of Investor Relations, Strategy and Corporate Development for Regions Financial Corp. (Regions Bank), having previously led Regions' Strategy and Corporate Development group, responsibilities retained when he assumed the role as Head of Investor Relations.
• After joining Regions in 2009, he served in various leadership roles in Corporate Treasury, including Assistant Treasurer and head of Balance Sheet Management from 2018 until 2022, when he was appointed to lead the Strategy and Corporate Development team.
• Prior to joining Regions, he served in Wachovia Bank's Treasury organization as Securitized Products Portfolio Manager.
• Speir holds a bachelor's degree in Business Management with a Finance concentration from North Carolina State University.

Appointed: Carl Carande, effective 2026-08-01

Effective August 1, 2026, the Board of Directors (the "Board") of United Community Banks, Inc. (the "Company") appointed Carl Carande to serve as a Board member until the Company's next annual meeting of shareholders.

Appointed: Carl Carande, Director

The Board increased the size of the Board from 12 to 13 directors and appointed Mr. Carande as a director to fill the vacancy created by the increase.

Also stated in this filing

• Mr. Carande also was appointed as a member of the Board of Directors of the Company's wholly-owned banking subsidiary, United Community Bank (the "Bank").
• Mr. Carande was also appointed as a member of the Board's Risk Committee.
• At this time, the Board has not determined any other Board committees to which Mr. Carande may be appointed.
• Mr. Carande will participate in the current director compensation arrangements generally applicable to the Company's non-employee directors as described in the Company's Proxy Statement filed in connection with the 2026 Annual Meeting of Shareholders.
• He joined KPMG in 2001, thereafter holding a number of professional roles, and most recently serving as KPMG International Head of Global Advisory since 2020.
• Prior to his tenure at KPMG, Mr. Carande served in leadership capacities with various financial institutions, including Global Pricing and Analytics Director, Corporate Cash Management, at Bank of America from 1994 to 1997.

Reported

On April 28 , 2026, United Community Banks, Inc. (the "Company") and Jefferson L. Harralson (the "Executive") entered into an Agreement dated as of April 28 , 2026 (the "Harralson Agreement") pursuant to which Executive will resign, effective as of December 31, 2026 (the "Employment Termination Date"), as Executive Vice President and Chief Financial Officer of the Company.

Also stated in this filing

• The Harralson Agreement provides that the Executive's employment with the Company is at-will and will continue until: (a) the close of business on the Employment Termination Date; or (b) such earlier date on which Executive's employment with the Company is terminated by the Executive's death or disability, by the Company for Cause or by the Executive's voluntary resignation, at any of whi ch time(s) his employment with the Company shall terminate (the "Separation Date").
• The Harralson Agreement provides for the Executive, through the Employment Termination Date, to receive his regular monthly salary and automobile allowance, to participate in the Company's employee benefit plans and receive reimbursement of expenses incurred on behalf of the Company.
• If the Executive's employment continues through the Employment Termination Date, he also will receive his 2026 incentive bonus, when determined, and a cash severance of $1 million (the "Severance"), payable no later than January 15, 2027.
• If the Executive's employment is terminated prior to the Employment Expiration Date as a result of a voluntary resignation or a termination by the Company for Cause, the Executive shall have no rights under the Harralson Agreement except to receive any accrued but unpaid salary through the Separation Date.