AMENDMENT TO CAMDEN NATIONAL CORPORATION 2003 STOCK OPTION AND INCENTIVE PLAN

1.Section 3(a) of the Plan is hereby amended by deleting such section in its entirety and substituting the following in lieu thereof:

“The maximum number of shares of Stock reserved and available for issuance under the Plan shall be 1,200,000 shares, subject to adjustment as provided in Section 3(b); provided that not more than 300,000 shares shall be issued in the form of Unrestricted Stock Awards, Restricted Stock Awards, or Performance Share Awards except to the extent such Awards are granted in lieu of cash compensation or fees. For purposes of this limitation, the shares of Stock underlying any Awards which are forfeited, canceled, reacquired by the Company, satisfied without the issuance of Stock or otherwise terminated (other than by exercise) shall be added back to the shares of Stock available for issuance under the Plan. Subject to such overall limitation, shares of Stock may be issued up to such maximum number pursuant to any type or types of Award; provided, however, that Stock Options or Stock Appreciation Rights with respect to no more than 45,000 shares of Stock may be granted to any one individual grantee during any one calendar year period. The shares available for issuance under the Plan may be authorized but unissued shares of Stock or shares of Stock reacquired by the Company and held in its treasury.”

C.The effective date of this Amendment is as of September 30, 2016.

Executed this 30th day of September, 2016 by a duly authorized officer of Camden National Corporation.

CAMDEN NATIONAL CORPORATION

By: