Live Oak Bancshares (LOB) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 20, 2025, at the corporate office in Wilmington, NC.

• Shareholders are invited to vote on key proposals, with voting open until May 19, 2025, 11:59 PM ET.

Voting matters and shareholder proposals

• Election of eight directors is on the agenda, with nominees listed.

• Advisory vote on executive compensation (Say-on-Pay) is included.

• Advisory vote on the frequency of future Say-on-Pay votes, with the board recommending every year.

• Ratification of KPMG LLP as independent auditors for 2025 is proposed.

Board of directors and corporate governance

• Eight director nominees are presented for election at the annual meeting.