Provident Financial Holdings Inc.

22/11/2024 | Press release | Distributed by Public on 22/11/2024 20:03

Proxy Results Form 8 K

Item 5.07 Submission of Matters to a Vote of Security Holders.

(a)
The Corporation held its virtual Annual Meeting of Shareholders on Thursday, November 21, 2024 solely online via live webcast.

(b)
There were present at the meeting in person or by proxy the holders of 5,553,509 shares of the Corporation's common stock, representing 82.04 percent of the total votes eligible to be cast, constituting a majority and a quorum of the outstanding shares entitled to vote. The results of the vote for the three items presented at the meeting were as follows:

1.
Election of Directors:
There were two nominees for two open board seats. Accordingly, shareholders elected Judy A. Carpenter and William E. Thomas to the Board of Directors for a three-year term ending in 2027 by the following vote:

For
Withheld
Broker Non-Vote
Nominee
Number
of Votes
Percentage
Number
of Votes
Percentage
Number
of Votes
Percentage
Judy A. Carpenter
2,917,024
57.72
2,136,713
42.28
499,772
N/A
William E. Thomas
2,892,854
57.24
2,160,883
42.76
499,772
N/A

The following directors, who were not up for re-election at the Annual Meeting of Shareholders, will continue to serve as directors: Craig G. Blunden, Debbi H. Guthrie, Brian N. Hawley, Kathy M. Michalak and Matthew E. Webb.

2.
Advisory Approval of Executive Compensation:
Shareholders did not approve the advisory resolution for named executive officer compensation by the following vote:

Number
of Votes
Percentage
For
2,497,572
49.43
Against
2,542,786
50.31
Abstain
13,379
0.26
Broker Non-Vote
499,772
N/A

3.
Ratification of the Appointment of Independent Auditor:
Shareholders ratified the appointment of Deloitte & Touche, LLP as the Corporation's independent auditor for the fiscal year ending June 30, 2025 by the following vote:

Number
of Votes
Percentage
For
5,348,649
96.31
Against
199,929
3.60
Abstain
4,931
0.09

(c)
None.