First United (FUNC) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 7, 2026, at the Operations Center in Oakland, Maryland.

• Proxy materials, annual report, and Form 10-K are available online for review and voting.

• Shareholders are encouraged to vote electronically or request paper materials by April 27, 2026.

Voting matters and shareholder proposals

• Election of ten directors is proposed, with board recommending a vote FOR all nominees.

• Proposal to amend the charter to lower the threshold for certain shareholder actions from two-thirds to a majority.

• Advisory vote on executive compensation for 2025 is included.

• Advisory vote on the frequency of future Say-on-Pay votes (1, 2, or 3 years), with board recommending every one year.

• Ratification of Crowe LLP as independent auditor for 2026 is recommended.

Board of directors and corporate governance

• Ten director nominees are listed for election at the annual meeting.

• Board provides recommendations for each proposal to guide shareholder voting.