X0306 4 2020-05-01 1 0001667939 FSB Bancorp, Inc. FSBC 0001679590 Meyer Stephen John 45 SOUTH MAIN STREET FAIRPORT NY 14450 1 0 0 0 Common Stock 2020-05-01 4 D 0 2500 D 0 D Common Stock 2020-05-01 4 D 0 2000 D 0 I By IRA Stock Options 16.72 2020-05-01 4 D 0 7000 D 2018-10-02 2027-10-02 Common Stock 7000 0 D Each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, (i) $17.80 in cash and (ii) 0.4394 shares of Evans Bancorp, Inc. ("Buyer") common stock. Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option and (ii) the excess, if any, of $17.80 over the exercise price per share of Issuer common stock provided for in such option, which cash payment shall be made without interest and shall be net of all applicable withholding taxes. /s/ Benjamin M. Azoff, pursuant to power of attorney 2020-05-01