Stock Yards Bancorp Fortifies Leadership with Esteemed Financial Expert David L. Hardy Joining Board

LOUISVILLE, KY – Stock Yards Bancorp, Inc. (NASDAQ: SYBT), the parent company of Stock Yards Bank & Trust Company, today announced a significant enhancement to its leadership team with the appointment of David L. Hardy to its Boards of Directors.

Mr. Hardy will join both the Board of Directors of Stock Yards Bancorp, Inc.

and its wholly-owned banking subsidiary, Stock Yards Bank & Trust Company. This strategic addition brings a seasoned financial executive with a robust background in accounting, finance, and public company operations to the forefront of the company’s governance.

Known for his extensive career, Mr.

Hardy currently serves as the Chief Financial Officer for Texas Roadhouse, Inc. (NASDAQ: TXRH), a position he has held since 2007. His tenure there has been marked by significant financial stewardship and strategic oversight in a publicly traded environment. Prior to his impactful role at Texas Roadhouse, Mr.

Hardy dedicated 23 years of his career to the prestigious accounting firm Ernst & Young, LLP, where he ultimately achieved the esteemed position of Partner. During his time at Ernst & Young, he specialized in serving publicly traded companies, honing a deep understanding of complex financial reporting, regulatory compliance, and corporate governance best practices.

As a testament to his expertise and commitment, Mr.

Hardy holds active Certified Public Accountant (CPA) licenses in both Indiana and Kentucky. His educational background further solidifies his qualifications, with a Bachelor of Science degree in Accounting from the University of Kentucky, followed by an MBA from Indiana University.

In his new capacity, Mr.

Hardy is slated to serve on key committees that are vital to the strategic direction and oversight of Stock Yards Bancorp. He will join the Audit Committee, leveraging his profound accounting knowledge, and the Compensation Committee, contributing to executive compensation strategies. Furthermore, his insights will be valuable as a member of the Trust & Wealth Management Committee.

This appointment underscores Stock Yards Bancorp's dedication to maintaining a strong, experienced, and diverse board that can navigate the evolving financial landscape and drive sustained growth for its shareholders.

Mr. Hardy's proven track record and comprehensive financial acumen are expected to significantly contribute to the company's strategic initiatives and robust corporate governance.