Equity Bancshares, Inc. Announces Promotions of Top Executives

Equity Bancshares, Inc. (NYSE: EQBK), (“Equity”, “we”, “us”, “our”, the “Company”), the Wichita-based holding company of Equity Bank (the “Bank”), announced the promotion of two current executives to align the Bank and Company for current and anticipated future growth. Equity Bank President Richard M. Sems has been named Chief Executive Officer of Equity Bank, and Julie A. Huber has been named Chief Operating Officer.

“We’re pleased to recognize more Equity success stories built on entrepreneurial spirit,” said Equity Bancshares, Inc. Chairman & Chief Executive Officer Brad Elliott. “Our company was built to foster talent and drive growth, and we continue to position both our company and people to maintain those principles as we build for the future. Rick and Julie are excellent examples of skilled leaders who, in these expanded roles, will drive the Company and Bank to new heights.”

Mr. Elliott maintains his role as Chairman & CEO of the Company and Chairman of the Bank, working with Mr. Sems to drive organic growth through sales calling efforts. In addition, Mr. Elliott will continue to focus on merger and acquisition opportunities while positioning the Company for the next phase of regulatory requirements. Mr. Elliott’s oversight of the Company will continue to drive strategic growth.

Since Mr. Elliott founded the Company in 2002, Equity Bank has completed 23 combined whole-bank, deposit, or branch acquisitions, including 12 whole-bank acquisitions since the Company’s IPO in 2015.

Mr. Sems joined Equity Bank as President in May 2023, overseeing all of Equity Bank’s sales and service teams, including customer-facing resources, business lines, and leadership in commercial, retail, mortgage, and trust. As Bank CEO, Mr. Sems will continue to lead organic growth of consumer and business product lines at its 73 locations, as well as the day-to-day operations of the Bank.

“I am pleased with all that we’ve been able to accomplish in my first year at the Company,” said Mr. Sems. “I look forward to leading our Bank into a prosperous future for our team members and customers.”

Ms. Huber joined Equity Bank in 2003 and has worked in several leadership roles, including leadership of credit administration, strategic initiatives, risk and compliance, and others. As COO, Ms. Huber will lead all bank operations, including credit and deposit operations, card services, digital customer experience tools, customer care, merger and acquisition integration, and risk and compliance.