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Ledyard Financial Group Declares Quarterly Dividend

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Ledyard Financial Group (Ticker Symbol: LFGP) announced today a regular quarterly dividend of $0.19 payable March 6, 2020 to shareholders of record as of February 14, 2020.

Ledyard Financial Group, Inc., headquartered in Hanover, New Hampshire, is the holding company for Ledyard National Bank. Ledyard National Bank, founded in 1991, is a full service community bank offering a broad range of banking, investment, tax and wealth management services.

Ledyard Financial Group, Inc. shares can be bought and sold through the NASD sanctioned OTC Markets under the trading symbol LFGP. Shares may be traded through an individuals broker. For more information, please refer to the Investor Relations section of the banks website at www.ledyardbank.com or contact the banks Chief Financial Officer, Gregory D. Steverson. greg.steverson@ledyardbank.com

Forward-Looking Statements: Statements concerning future performance, developments or events, expectations for growth and income forecasts, and any other guidance on future periods constitute forward-looking statements that are subject to a number of risks and uncertainties. Actual results may differ materially from stated expectations. Specific factors include, but are not limited to, loan production, competitive pressure in the banking industry, balance sheet management, net interest margin variations, the effect of changes in equity prices on assets under management, the ability to control costs and expenses, changes in the interest rate environment, financial policies of the United States government, and general economic conditions. The Company disclaims any obligation to update any such factors.

Greg Steverson, COO, EVP & CFO

Greg.steverson@ledyardbank.com

(603) 640-2666

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