MVB Financial Corp (MVBF) AGM 2025 summary

Opening remarks and agenda

• Meeting opened by the Chairman, with board members and management attending virtually.

• Recognition given to three directors not seeking re-election for their contributions.

• Two new director nominees introduced, with voting and Q&A procedures explained.

• Notice of meeting and quorum confirmed, and meeting formally convened.

• Agenda and rules of conduct available on the virtual portal, with four proposals to be voted on.

Board and executive committee updates

• Three directors recognized for their service as they step down from the board.

• Two new directors, Glen Herrick and Vic Maculaitis, nominated for three-year terms.

Shareholder proposals

• Four proposals presented: election of two directors, advisory vote on executive compensation, frequency of advisory votes, and ratification of the independent auditor.

• Board unanimously recommended approval of all proposals.

• Advisory votes on executive compensation and its frequency held as required by regulations.

• Ratification of Forvis as independent auditor for 2025 included.