West Bancorporation (WTBA) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for April 23, 2026, to elect 8 directors, approve 2025 executive compensation (say-on-pay), and ratify RSM US LLP as auditor for 2026.

• Proxy materials are delivered electronically to reduce costs, with paper copies available upon request.

• 2025 financial highlights: $32.6M net income, $1.92 EPS, $1.00 dividend per share, 13.47% ROAE, 54.11% efficiency ratio, 0.00% nonperforming assets.

Voting matters and shareholder proposals

• Shareholders will vote on director elections, executive compensation (advisory), and auditor ratification.

• Board recommends voting FOR all proposals.

• Shareholder proposals for the 2027 meeting must be submitted by November 3, 2026.

Board of directors and corporate governance

• Board will have 8 directors if all nominees are elected; 6 are independent.

• Chair and CEO roles are separated; Chair is independent.

• Board committees (Audit, Compensation, Nominating & Governance, Risk Management & IT) are composed of independent directors, except for one retired executive.

• Directors must retire at age 73; annual performance evaluations and succession planning are in place.

• Directors and executives are subject to meaningful share ownership requirements.