AMENDED AND RESTATED
ARTICLES OF INCORPORATION,
AS AMENDED, AS OF APRIL 7, 2010
and the initial registered agent at such address is F. R. Saunders, Jr.
I hereby consent to the appointment as registered agent of the corporation:
The name of the proposed corporation is First Reliance Bancshares, Inc.
The initial registered office of the corporation is 2170 W. Palmetto Street
/s/ F. R. Saunders
The total number of shares of capital stock which the corporation is authorized to issue is Thirty
Million (30,000,000) shares, divided into Twenty Million (20,000,000) shares of common stock,
$0.01 par value, and Ten Million (10,000,000) shares of preferred stock, no par value (the
“Preferred Stock”). The shares of common stock shall have unlimited voting rights and shall be
entitled, subject to any preferences of any Preferred Stock then outstanding, to receive the net
assets of the Corporation upon dissolution.
The Board of Directors of the corporation is authorized, subject to limitations prescribed by law
and the provisions of this Article, to provide for the issuance of the shares of Preferred Stock in
series, and to establish from time to time the number of shares to be included in each such series,
and to fix the designation, powers, preferences, and relative rights of the shares of each such
series and the qualifications, or restrictions thereof. The authority of the Board of Directors with
respect to each series shall include, but not be limited to, determination of the following:
The number of shares constituting that series and th