Item 5.07.Submission of Matters to a Vote of Security Holders
The 2024 Annual Meeting of stockholders of Southern Missouri Bancorp, Inc. was held on October 28, 2024, in Poplar Bluff, Missouri. Stockholders representing 9,102,349 shares, or 80.71%, of the common shares outstanding as of the September 6, 2024, record date were present in person or were represented at the meeting by proxy. Final voting results are shown below:
(Proposal 1) The election of the following nominees as directors of the Company, each for a three-year term:
| | | | | | | | |
| | FOR | | AGAINST | | ABSTAIN | | BROKER
NON-VOTES |
| | 6,514,899 | | 1,351,497 | | 205,735 | | 1,030,218 |
| | | | | | | | |
| | FOR | | AGAINST | | ABSTAIN | | BROKER
NON-VOTES |
| | 6,562,049 | | 1,320,460 | | 189,622 | | 1,030,218 |
| | | | | | | | |
| | FOR | | AGAINST | | ABSTAIN | | BROKER
NON-VOTES |
| | 5,623,052 | | 2,243,314 | | 205,765 | | 1,030,218 |
(Proposal 2) Advisory (non-binding) vote on executive compensation, commonly referred to as “Say on Pay” vote:
| | | | | | | | |
| | FOR | | AGAINST | | ABSTAIN | | BROKER
NON-VOTES |
| | 7,771,276 | | 98,059 | | 202,796 | | 1,030,218 |
(Proposal 3) Advisory (non-binding) vote as to whether the future advisory votes on executive compensation should be held every one, two, or three years:
ONE | | TWO | | THREE | | ABSTAIN | | BROKER
NON-VOTES |
7,156,200 | | 118,263 | | 589,487 | | 208,181 | | 1,030,218 |
(Proposal 4) Approval of the Southern Missouri Bancorp, Inc. 2024 Omnibus Incentive Plan:
| | | | | | | | |
| | FOR | | AGAINST | | ABSTAIN | | BROKER
NON-VOTES |
| | 7,730,054 | | 136,295 | | 205,782 | | 1,030,218 |
(Proposal 5) The ratification of the appointment of FORVIS MAZARS, LLP as the Company's independent auditors for the fiscal year ending June 30, 2025:
| | | | | | | | |
| | FOR | | AGAINST | | ABSTAIN | | BROKER
NON-VOTES |
| | 8,805,276 | | 109,284 | | 187,789 | | - |
The vote required to approve Proposals 1, 2, 4 and 5 was the affirmative majority of the votes cast on each proposal. Accordingly, Messrs. Steffens, Hensley and Bagby were each elected to a three-year term to expire in 2027 and Proposals 2, 4 and 5 were approved. With regard to Proposal 3, the Board of Directors of the Company determined, in light of the results of this item, that the Company will hold an advisory vote on executive compensation every year until the next required vote on the frequency of advisory votes on executive compensation.
