FS Bancorp (FSBW) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 22, 2025, at 2:00 p.m. at the 1st Security Bank Administrative Office in Mountlake Terrace, Washington.

• Proxy materials and 2024 Annual Report are available online to reduce material waste and environmental impact.

• Shareholders can request paper or electronic copies of proxy materials at no charge.

Voting matters and shareholder proposals

• Election of directors: Ted A. Leech and Marina Cofer-Wildsmith for three-year terms, Terri L. Degner for a one-year term.

• Advisory (non-binding) approval of named executive officer compensation.

• Advisory vote on frequency of future executive compensation votes (one, two, or three years).

• Ratification of Moss Adams LLP as independent registered public accounting firm for 2025.

Board of directors and corporate governance

• Board recommends voting for all director nominees and for 1-year frequency on executive compensation advisory votes.