SUBSCRIPTION AGREEMENTSubscription Agreement • April 18th, 2016 • HCSB Financial Corp • Savings institution, federally chartered • South Carolina
Contract Type FiledApril 18th, 2016 Company Industry JurisdictionYou have informed me that HCSB Financial Corporation, a South Carolina corporation (the “Company”), is offering up to 23,384,301 shares of its common stock at a price of $0.10 per share to our shareholders, employees and others in our community, as provided herein and as described in and offered pursuant to the prospectus dated [•], 2016 (the “Prospectus”) and furnished with this Subscription Agreement (this “Agreement”).