Franklin Financial Services (FRAF) Proxy filing summary

Executive summary

• Annual Meeting scheduled for April 28, 2026, will be held virtually; only shareholders of record as of March 9, 2026, may vote or attend.

• Shareholders will vote on director elections, executive compensation (say-on-pay), and auditor ratification.

• Proxy materials, annual report, and voting instructions were distributed on March 24, 2026.

Voting matters and shareholder proposals

• Four nominees are up for election to Class A director positions for three-year terms.

• Advisory vote on executive compensation for 2025 (say-on-pay) is included.

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

• Shareholder proposals for the 2027 meeting must be submitted between October 25 and November 24, 2026.

Board of directors and corporate governance

• Board consists of ten directors, classified into three classes with staggered terms.

• All directors except the CEO are considered independent under NASDAQ rules.

• Board committees include Audit, Compensation and Personnel, Nominating and Corporate Governance, and others, each chaired by an independent director.

• Corporate Governance Guidelines, Code of Ethics, and committee charters are posted online.

• Board conducts annual self-assessments and independent directors meet quarterly in executive session.