H. Palmer Proctor

Chief Executive Officer at Ameris Bancorp

Since July 1, 2019

Age

56 years

Tenure

Joined in 2019 and has served as Chief Executive Officer since July 2019 and as Vice Chairman since July 2022.

Also at Ameris Bancorp

DDS

Douglas D. Strange

Chief Credit Officer

JAL

James A. LaHaise

Corporate Executive Vice President and Chief Strategy Officer

JLS

Jody L. Spencer

Corporate Executive Vice President and Chief Legal Officer

About

H. Palmer Proctor, Jr. is a seasoned banking executive known for his leadership and governance in the financial industry.

He began his association with Ameris Bancorp in 2019 and has since steered the company as its Chief Executive Officer, later expanding his role to include Vice Chairman, thus playing a significant role in shaping the organization’s strategic direction.

Previously, he held senior roles at Fidelity Bank, serving as President and CEO, coupled with longstanding board directorships since 2004. Although details regarding his educational background are not available, his extensive career across multiple executive positions underscores his commitment to excellence and industry leadership.

$ABCB Performance Under H. Palmer Proctor

Past Roles

Organization	Role	Date Range	Details
Fidelity Bank	CEO	April 2017 - July 2019	Ended with acquisition by Ameris Bancorp
Fidelity	President	April 2006 - July 2019	Role concluded upon acquisition
Fidelity Bank	President	October 2004 - July 2019	Ended with transition to ABCB
Fidelity Bank	Director	2004 - July 2019	Role concluded with his full-time transition to ABCB

External Roles

Organization	Role	Date Range	Details
Brown and Brown, Inc.	Director	Since 2012	N/A
Inspire Brands	Director	N/A	N/A
Allied Financial	Advisory Board Member	N/A	N/A
Choate Construction Company	Director	N/A	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Salary	$918,333	Annual 2023	Base salary for 2023
Bonus	$0	Annual 2023	No bonus awarded
Change in Pension Value and Nonqualified Deferred Compensation Earnings	$0	Annual 2023	No pension or deferred compensation earnings reported
All Other Compensation	$98,204	Annual 2023	Includes auto provision ($7,536), dividends ($56,495), employer 401(k) match ($13,200), health and welfare benefits ($15,715), and life insurance ($5,258)

Performance Compensation

Data from FY 2023

Non-Equity Incentive Plan Compensation 2023

Performance Measure	Weight	Threshold Payout	Target Payout	Maximum Payout	Actual Value	Actual Payout
Credit Quality	33%	Minimum performance level required	Stretch target	N/A	0.33%	130%
Return on Assets (ROA)	34%	Minimum performance level required	Stretch target	N/A	1.06%	97.12%
Efficiency Ratio	33%	Minimum performance level required	Stretch target	N/A	52.58%	160.33%

Additional Details:

Total Weighted Payout: 128.83%.
Adjustment Mechanism: Payouts may be adjusted by +/- 10% based on individual performance assessments and Compensation Committee discretion.
Incentive Calculation Formula: Base Salary x Target Percentage of Base Salary x Company Achievement x Individual Performance, resulting in an actual incentive payout of $1,441,926.
Evaluation Period: Annual performance targets for 2023.
Grant Date: February 23, 2023 applies to stock awards; no specific vesting schedule is detailed for the Non-Equity Incentive Plan Compensation.