FMNB Farmers National Banc Corporation

On March 1, 2023, Farmers National Banc Corp. (the “Company”) issued a press release announcing that its Board of Directors has authorized the purchase of up to 1,000,000 shares of its common stock, no par value (“Common Stock”), or approximately 2.6% of the Company’s currently issued and outstanding shares of Common Stock (the “2023 Share Repurchase Program”). The 2023 Repurchase Program supersedes the Company’s prior share repurchase program approved in 2019 which authorized the purchase of up to 1,500,000 shares of Common Stock, 198,336 of which remained available for repurchase as of February 28, 2023. Repurchases under the 2023 Repurchase Program will be made periodically depending on market conditions and other factors, and may be made in the open market, through block trades, pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Commission or otherwise, and in privately negotiated transactions. Shares of Common Stock repurchased under the 2023 Repurchase Program will be held as treasury stock and will be available for general corporate purposes. The exact number of shares to be repurchased by the Company under the 2023 Repurchase Program is not guaranteed, and repurchases may be commenced or suspended at any time or periodically without prior notice. The 2023 Share Repurchase Program may be modified, suspended or terminated by the Company at any time. A copy of the press release is attached as Exhibit 99.1 hereto and incorporated by reference herein.

Pursuant to General Instruction B.2 of Current Report on Form 8-K, the information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section. Furthermore, the information in this Item 7.01 and Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended (the “Securities Act”) except as may be expressly set forth by specific reference in such filing.