Driver Management letter to AmeriServ Financial

$ASRV

Gentlemen,

Reference is made to your letter to shareholders of AmeriServ Financial, Inc. (“AmeriServ”) dated August 31, 2023 that references a letter that Driver Opportunity Partners I LP sent to AmeriServ shareholders on August 2, 2023 and a demand letter Driver Opportunity Partners I LP sent to AmeriServ’s board of directors on the same day. Those letters are attached hereto for reference.

I had considered rebutting all of the spurious claims made in your letter, but I think this “X” post says all there needs to be said:

Source:

https://www.sec.gov/Archives/edgar/data/707605/000092189523002139/ex1todfan14a12447006_090823.htm