Item 8.01 Other Events.

On May 9, 2025, First Community Corporation (the "Company"), the holding company for First Community Bank, announced that its Board of Directors approved a plan to utilize up to $7.5 million of capital to repurchase shares of the Company's common stock, which represents approximately 5.0% of total shareholders' equity as of March 31, 2025.

Under the repurchase plan, the Company may repurchase shares from time to time, through May 8, 2026, by means of, among other means, open market purchases and in solicited and unsolicited privately negotiated transactions. The actual means and timing of any purchases, quantity of purchased shares and prices will be, subject to certain limitations, at the discretion of management during such period, and will depend on a number of factors, including the market price of the Company's common stock, share issuances under Company equity plans, general market and economic conditions, and applicable legal and regulatory requirements.

The Company's management believes the repurchase plan, depending upon market and business conditions, may, among other things, provide capital management opportunities for the Company. The Company is not obligated to repurchase any such shares under the repurchase plan. Through May 8, 2026, the repurchase plan may be discontinued, suspended or restarted at any time.