(a) Summit Financial Group, Inc. (the "Company") held its Annual Meeting of Shareholders on May 17, 2012 in Moorefield, West Virginia for the purpose of considering and voting upon the following:

(i) To elect five (5) directors to serve until the Annual Meeting in 2015;

(ii) To ratify the selection of Arnett & Foster, PLLC, as the Company's independent registered public accounting firm for the year ending December 31, 2012; and

(iii) To transact such other business as may properly come before the Meeting.

(b) The total number of shares of the Company's common stock issued, outstanding and entitled to vote at the Annual Meeting was 7,425,472 shares of which 5,357,542 shares representing 72.2% were present at the meeting either in person or by proxy. The holders of common stock of the Company voted on two proposals, both of which were approved. No other business was brought before the meeting.

The results of the voting on the two proposals were as follows:

(i) Proposal 1 - To elect five (5) directors to serve until the Annual Meeting in 2015.

The following directors were elected:

                                               VOTES                    BROKER
                               VOTES FOR   WITHHELD    ABSTENTIONS   NON-VOTES

         James M. Cookman      4,304,301    71,975          -         981,266
         Thomas J. Hawse, III  4,314,123    62,153          -         981,266
         Gary L. Hinkle        4,312,099    64,177          -         981,266
         Gerald W. Huffman     4,311,733    64,543          -         981,266

(ii) Proposal 2 - To ratify the selection of Arnett & Foster, PLLC, as the Company's independent registered public accounting firm for the year ending December 31, 2012:

                                    VOTES                  BROKER
                    VOTES FOR     AGAINST   ABSTENTIONS   NON-VOTES

                     5,276,907    61,255      19,379          -