Burke & Herbert to Hold Say-on-Pay Votes Every Three Years

Burke & Herbert Financial Services Corp. announced the outcome of its Say-on-Pay Frequency Vote. Although shareholders expressed a preference for annual advisory votes on executive compensation, the Board of Directors has determined that such votes will be held every three years. This decision aligns with the Board's recommendation and is based on consideration of the compensation program's long-term focus and prevailing governance practices. The next advisory vote is anticipated in 2029.