Simmons First National (SFNC) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 7, 2025, with key proposals including fixing the number of directors at 14, electing directors, approving executive compensation, and ratifying the selection of FORVIS MAZARS, LLP as independent auditors for 2025.

• Shareholders of record as of March 5, 2025, are entitled to vote; 125,918,825 shares outstanding, each with one vote per share.

• Proxy materials, including the annual report, are available online; proxies can be revoked at any time before voting.

• Board recommends voting for all proposals and director nominees.

Voting matters and shareholder proposals

• Proposals include fixing the number of directors at 14, electing 14 directors, advisory approval of executive compensation, and ratification of the independent auditor.

• Shareholders can abstain or vote by proxy; broker non-votes do not affect outcomes for any proposal.

• Shareholder proposals for the 2026 meeting must be submitted by December 3, 2025, for inclusion in the proxy statement.

Board of directors and corporate governance

• Board consists of 14 directors, with 13 deemed independent; all directors are elected annually.

• Board committees include Audit, Compensation, Nominating and Corporate Governance (NCGC), Executive, and Risk Committees.

• Board leadership structure combines Chairman and CEO roles, with an independent Lead Director providing oversight.

• Annual self-evaluations are conducted for the Board and its committees.

• Codes of Ethics and Insider Trading Policy are in place and disclosed on the company website.

• Shareholders may communicate directly with the Board.