Umpqua (UMPQ) AGM 2025 summary

Opening remarks and agenda

• The meeting was held online to maximize shareholder participation, with voting and Q&A available through the portal.

• Attendees were welcomed, and the agenda included business matters, a presentation, and a Q&A session.

Board and executive committee updates

• Two directors, Craig Urquhart and Peggy Fowler, retired, recognized for their leadership during the merger and integration.

• Cort O'Haver, pre-merger CEO of Umpqua Bank, also retired as of March 31.

• The board consists of independent directors with committee assignments and new chairs for key committees post-meeting.

• Executive management team introduced, highlighting tenure and experience across leadership roles.

Shareholder proposals

• Three proposals: election of 11 directors for a one-year term, advisory vote on executive compensation, and ratification of Deloitte & Touche as auditor for 2025.

• All proposals were described in detail in the proxy statement.