Riverview Bancorp Inc.

09/03/2024 | Press release | Distributed by Public on 09/03/2024 11:59

Proxy Results Form 8 K

Item 5.07 Submission of Matters to a Vote of Security Holders
(a)
The Annual Meeting of the Riverview Bancorp, Inc. (the "Company") was held on August 28, 2024 ("Annual Meeting").
(b)
There were a total of 21,111,041shares of the Company's common stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 15,660,249 shares of common stock were represented in person or by proxy, therefore a quorum was present. The following proposal was submitted by the Board of Directors to a vote of stockholders:
Proposal 1. Election of Directors. The following individuals were elected as directors:
FOR
WITHHELD
BROKER
NON-VOTES
No. of
votes
Percentage
of
shares
present
No. of
Votes
Percentage
of
shares
present
No. of
votes
Stacey A. Graham
14,625,518
93.39
1,034,731
6.61
-
B. Nicole Sherman
15,237,048
97.30
423,201
2.70
-
Based on the votes set forth above, Ms. Graham and Ms. Sherman were duly elected to serve as directors of the Company for a three-year term expiring at the annual meeting of stockholders in 2027 and until their respective successors have been duly elected and qualified.
The terms of Directors Gerald L. Nies, Patricia W. Eby, Bradley J. Carlson, Bess R. Wills, Larry A. Hoff and Valerie Moreno continued.
(c) None.

Proposal 2. An advisory (non-binding) vote to approve our executive compensation. This proposal received the following votes:
For
Percentage
of
shares
present
Against
Percentage
of
shares
present
Abstain
Percentage
of
shares
present
Broker
Non-Vote
13,643,172
87.1
1,279,503
8.2
737,574
4.7
-
Based on the votes set forth above, the compensation of the Company's named executive officers was approved by stockholders.