Harleysville Financial Announces Regular Cash Dividend and Second Quarter Results for Fiscal 2022

FOR IMMEDIATE RELEASE April 20, 2022

FOR MORE INFORMATION Mr. Shane Michalak

Senior Vice President/CFO 215-256-8828

Harleysville Financial Corporation Announces Regular Cash Dividend and Second

Quarterly results for fiscal year 2022

Harleysville, Pennsylvania, April 20, 2022 Harleysville Financial Corporation

(OTCQX: HARL) today announced that the company’s board of directors has declared a

regular quarterly cash dividend of $0.29 per share on the ordinary shares of the Company. The cash dividend will be payable on May 18, 2022 to shareholders of record on May 4, 2022.

Net earnings for the second quarter were $1,827,000 or $0.49 per diluted share compared to $2,054,000 or $0.54 per diluted share for the same quarter last year. Net earnings for the quarters ended March 31, 2022 and 2021 included SBA Paycheck

Protection Program Fee (PPP) income totaling $23,000 and $452,000 or $0.01 and $0.12 per diluted share for the quarters ended, respectively.

Net income for the six months ended March 31, 2022 was $3,682,000 or $0.98 per diluted share, compared to $4,156,000 or $1.10 per diluted share for the same six-month period. a year ago. Net income for the six months ended March 31, 2022 and 2021 included fee revenue from the SBA’s Paycheck Protection Program (PPP) totaling $313,000 and $770,000 or $0.08 and 0.20 $ per diluted share for the six months ended, respectively.

Brendan J. McGill, President and CEO of the Society, said:

Company delivered strong earnings, balance sheet growth and strong creditquality, while facing industry-wide staffing challenges and margin compression, due to the low interest rate environment and the continued impact of COVID-19. We have benefited from the SBA’s Paycheck Protection Programs (PPPs) through which we have issued a total of $37.2 million in loans to local small businesses, all of which have been repaid or canceled as of March 31, 2022.

Despite the current challenges due to the COVID-19 pandemic and market volatility, we believe our balance sheet is strong and well capitalized as we enter a rising interest rate environment. This will allow us to continue to meet the borrowing needs of individuals and businesses in our communities.

Company assets totaled $917.6 million compared to $904.5 million a year ago. shareholders tangible book value increased 2.5% to $22.04 per share from $21.50 a year ago.

Harleysville Financial Corporation is listed on the OTCQX market under the symbol HARL (http://www.otcmarkets.com) and is the holding company of

Bank of Harleysville. Founded in 1915, Harleysville Bank is a Pennsylvania chartered and federally insured bank, headquartered in Harleysville, Pennsylvania. The Bank operates from six full-service offices located in Montgomery County and one office located in Bucks

County, Pennsylvania.

This presentation may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995). Actual results may differ materially from the results discussed in these forward-looking statements. Factors that could cause such a difference include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values ​​and competition; changes in accounting principles, policies or guidelines; changes inlegislation or regulation; and other economic; competitive, governmental, regulatory and technological factors affecting the Company’s operations, prices, products and services.

Luisa D. Fuller