Bar Harbor Bankshares (BHB) Proxy filing summary

Executive summary

• Annual Meeting scheduled for May 7, 2026, to elect directors, approve executive compensation, and ratify the external auditor appointment.

• Recent acquisition of Woodsville Guaranty Savings Bank expanded the company's footprint and customer base.

• Emphasis on balancing growth with earnings and maintaining a strong risk management culture.

• Shareholder engagement and voting are encouraged, with multiple voting methods available.

Voting matters and shareholder proposals

• Proposal 1: Elect 10 directors for a one-year term; board recommends voting for all nominees.

• Proposal 2: Advisory vote to approve named executive officer compensation; board recommends approval.

• Proposal 3: Ratification of Crowe LLP as independent auditor for 2026; board recommends approval.

• No other business is currently anticipated at the meeting.

Board of directors and corporate governance

• Board consists of 10 nominees with diverse backgrounds in law, finance, banking, and community service.

• Majority of directors are independent under NYSE American standards; CEO and one other are not.

• Board committees include Audit, Compensation and Human Resources, Governance, Executive, and Board Risk.

• Board leadership is separated between an independent Chair and the CEO.

• Directors attended at least 98% of meetings in 2025.