Exhibit 99.1

Welcome ShareholdersJanuary 19, 2023F&M Trust Franklin Financial Services Corporation

Forward Looking StatementsCertain statements appearing herein which are not historical in nature are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements refer to a future period or periods, reflecting management’s current views as to likely future developments, and use words “may,” “will,” “expect,” “believe,” “estimate,” “anticipate,” or similar terms.  Because forward-looking statements involve certain risks, uncertainties and other factors over which Franklin Financial Services Corporation has no direct control, actual results could differ materially from those contemplated in such statements.  These factors include (but are not limited to) the following: general economic conditions particularly with regard to the negative impact of severe, wide-ranging and continuing disruptions caused by the spread of the coronavirus COVID-19 pandemic and responses thereto, changes in interest rates, changes in the Corporation’s cost of funds, changes in government monetary policy, changes in government regulation and taxation of financial institutions, changes in the rate of inflation, changes in technology, the intensification of competition within the Corporation’s market area, and other similar factors.We caution readers not to place undue reliance on these forward-looking statements. They only reflect management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and any Current Reports on Form 8-K. F&M Trust Franklin Financial Services Corporation2

Welcome & IntroductionsWarren Elliott, Chairman of the BoardF&M Trust Franklin Financial Services Corporation3

Board of DirectorsWarren Elliot Chairman of the BoardTim Henry President & CEOF&M Trust Franklin Financial Services Corporation4

Board of DirectorsMarty BrownKevin CraigGreg DuffeyF&M Trust Franklin Financial Services Corporation5

Board of DirectorsDan FisherSkip JenningsStanley KerlinF&M Trust Franklin Financial Services Corporation6

Board of DirectorsDon MoweryKim RzompGreg SnookF&M Trust Franklin Financial Services Corporation7

AgendaStock PerformanceBank HighlightsQuestionsClosing CommentsTour of the New Corporate Headquarters (Optional)F&M Trust Franklin Financial Services Corporation8

VideoClick the link below to watch a video about F&M Trust’s relationshipswith its customers, employees, communities, and shareholders.https://s24.q4cdn.com/988958627/files/doc_presentations/2023/f-m_trust___shareholder_video-(1080p)-(1).mp4F&M Trust Franklin Financial Services Corporation9

Stock PerformanceMark Hollar, CFOF&M Trust Franklin Financial Services Corporation10

Stock Price and DividendPrice Per ShareDividendYear-End Price Per ShareAnnual Dividend Per Share$40$1.40$38$1.20$36$1.00$34$0.80$32$0.60$30$0.40$28$0.20$26$0.00$24$22$202016201720182019202020212022F&M Trust Franklin Financial Services Corporation11

Total Return PerformanceIndex ValueFFSCNASDAQ Composite IndexS&P US BMI Banks MAR IndexPeer Group INDEX 12.31.15 12.31.16 Franklin Financial Services Corporation 100.00 126.05 NASDAQ Composite Index 100.00 108.87 S&P US BMI Banks Mid-Atlantic Region Index 100.00 127.10 Peer Group (Mid-Atlantic Banks w/assets between S1B-S2B as of 9.30.22) 100.00 110.83 12.31.17 12.31.18 12.31.19 12.31.20 12.31.21 12.31.22 169.43 147.20 186.65 136.09 173.54 196.94 141.13 137.12 187.44 271.64 331.88 223.90 155.78 133.10 189.26 171.07 216.06 182.49 128.43 123.89 145.62 119.57 151.88 153.71 Source: S&P Global Market Intelligence ©2023 F&M Trust Franklin Financial Services Corporation12

Computershare (800) 368-5948 or www.computershare.com F&M Trust Franklin Financial Services Corporation13

Amanda Ducey Corporate Secretary (717) 261-3553 amanda.ducey@f-mtrust.com Zoe Clayton Assistant Corporate Secretary (717) 261-3551 zoe.clayton@f-mtrust.com F&M Trust Franklin Financial Services Corporation14

Company Highlights Tim Henry, President & CEO F&M Trust Franklin Financial Services Corporation15

Company Highlights Senior Management Introductions Market Area – Harrisburg to Hagerstown New Corporate Headquarters Salesforce Community Office Renovations Community Investments F&M Trust Franklin Financial Services Corporation16

Senior Management Tim Henry President & CEO Mark Hollar Executive Vice President Chief Financial Officer & Treasurer F&M Trust Franklin Financial Services Corporation17

Senior Management Steve Butz Senior Vice President Chief Commercial Services Officer Karen Carmack, DM Senior Vice President Chief Human Resources Officer F&M Trust Franklin Financial Services Corporation18

Senior Management Scott Ehrig, CFP, CIMA Senior Vice President Chief Investment & Trust Services Officer Lorie Heckman Senior Vice President Chief Risk Officer F&M Trust Franklin Financial Services Corporation19

Senior Management Matt Weaver Senior Vice President Chief Marketing Officer F&M Trust Franklin Financial Services Corporation20

Senior Management Chad Carroll Executive Vice President Chief Operating Officer Lou Giustini Senior Vice President Chief Retail Services Officer Dave Long Senior Vice President Chief Technology Officer F&M Trust Franklin Financial Services Corporation21

Harrisburg Regional Headquarters Hagerstown Community Office Huntingdon Country Fulton County Franklin County Cumberland County Washington County F&M Trust Headquarters Harrisburg F&M Trust Franklin Financial Services Corporation22

New Corporate Headquarters F&M Trust Franklin Financial Services Corporation23

Salesforce F&M Trust Franklin Financial Services Corporation24

West Side Renovations F&M Trust Franklin Financial Services Corporation25

West Side Renovations F&M Trust Franklin Financial Services Corporation26

Community Investments F&M Trust Franklin Financial Services Corporation27

Questions Tim Henry, President & CEO F&M Trust Franklin Financial Services Corporation28

Closing Comments Warren Elliott, Chairman of the Board F&M Trust Franklin Financial Services Corporation29

Closing Comments Restructured Board Meetings to Focus Strategically Created a Strategic Initiative Committee to Concentrate on M&A Increased Board Member Education and Training Improved Board Member Accountability – 360o Peer-to-Peer Review F&M Trust Franklin Financial Services Corporation30

Franklin Financial Services Corporation Annual Meeting Tuesday, April 25, 2023 Additional Details to Follow F&M Trust Franklin Financial Services Corporation31

Thank You F&M Trust Franklin Financial Services Corporation32

Stock Symbol: FRAF (Nasdaq) www.franklinfin.com www.fmtrust.bank F&M Trust Franklin Financial Services Corporation33