Smith-Midland (SMID) Proxy Filing summary

Executive summary

• Annual meeting scheduled for August 7, 2024, at the Warrenton-Fauquier Airport Terminal in Midland, Virginia.

• Supplement issued to provide the Notice of Availability of Proxy Materials and Proxy Card, previously omitted.

• No changes to the proposals or agenda as originally distributed.

Voting matters and shareholder proposals

• Election of five directors: Ashley B. Smith, James Russell Bruner, Matthew I. Smith, Read Van de Water, and Richard Gerhardt.

• Ratification of BDO USA, LLP as independent auditors for the year ending December 31, 2024.

• Board recommends voting FOR all nominees and FOR the auditor ratification proposal.

• Shareholders may also act on other business that may properly come before the meeting.

Board of directors and corporate governance

• Proxy solicited on behalf of the Board of Directors, with Ashley B. Smith as Chairman.

• Board fixed June 10, 2024, as the record date for determining voting eligibility.