23/07/2024 | Press release | Distributed by Public on 23/07/2024 20:31
Item 5.07 |
Submission of Matters to a Vote of Security Holders
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(a)
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The Broadway Financial Corporation (the "Company") Annual Meeting of Stockholders was held on July 17, 2024.
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(b)
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Stockholders voted on the matters set forth below:
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1. |
The nominees for election to the Company's Board of Directors set forth in Item 1 to the Company's Proxy Statement filed with the U.S. Securities and Exchange Commission on June 6, 2024 were elected to serve until the Annual Meeting of Stockholders to be held in the year 2027 or until their respective successors are duly elected and qualified, based on the following vote:
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Nominee
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Votes For
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Votes Withheld
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Broker Non-Votes
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Wayne-Kent A. Bradshaw
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3,058,218
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88,706
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895,360
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Marie C. Johns
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2,719,959
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426,965
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895,360
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David J. McGrady
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3,085,438
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61,486
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895,360
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2. |
The proposal to ratify on an advisory (non-binding) basis the appointment of Moss Adams LLP as the independent registered public accounting firm for the Company for its fiscal year ending December 31, 2024 was approved based upon the following votes:
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Votes for approval
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3,893,261
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Votes against
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36,717
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Abstentions
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112,306
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3. |
The proposal to approve the Company's executive compensation on an advisory (non-binding) basis was approved based upon the following votes:
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Votes for approval
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3,003,536
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Votes against
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141,099
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Abstentions
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2,289
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Broker Non-Votes
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895,360
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