Amendment to Current Report (Form 8-K/A)

FOR IMMEDIATE RELEASE

CONTACTS:

LARA E. RAMSEY, PRESIDENT & CEO

(540) 951-6250 [email protected]

LORA JONES, TREASURER & CFO

(540) 951-6238 [email protected]

NATIONAL BANKSHARES, INC. DECLARES SEMI-ANNUAL DIVIDEND

BLACKSBURG, VA, NOVEMBER 12, 2026: The Board of Directors of National Bankshares, Inc. (NASDAQ Capital Market: NKSH) today approved payment on December 1, 2026, of a semi-annual dividend of $0.78 per share to all stockholders of record as of November 23, 2026. President & CEO Lara E. Ramsey commented, "2026 has been a good year for earnings, and we are pleased to share that success with our latest dividend payment. Our Company has proven once again that it can provide outstanding customer and community service while delivering solid shareholder value."

About National Bankshares

National Bankshares, Inc., headquartered in Blacksburg, Virginia, is the parent company of The National Bank of Blacksburg, which does business as National Bank, and of National Bankshares Financial Services, Inc. National Bank is a community bank operating from 28 full-service offices in Southwestern, Western and Central Virginia, and one loan production office in Charlottesville, Virginia. National Bankshares Financial Services, Inc. is an investment and insurance subsidiary in the same trade area. The Company's stock is traded on the Nasdaq Capital Market under the symbol "NKSH." Additional information is available at www.nationalbankshares.com.