FMFG · Farmers and Merchants Bancshares, Inc.

Summary

Shareholders voted to elect directors, approve executive compensation, and ratify the independent auditor at the annual meeting.

Key takeaways

• Robert G. Pollokoff and Teresa L. Smack were elected as Class IV directors with strong support.
• Non-binding advisory resolution on executive compensation passed with 97.2% of votes cast in favor.
• Ratification of Yount, Hyde & Barbour, P.C. as auditor for 2026 was approved unanimously.
• Broker non-votes were present on director elections and say-on-pay but not on auditor ratification.