StockWatch
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State Commercial Banks
AGM/EGMMay 20, 2026, 11:33 AM

Uwharrie Capital Shareholders Elect Directors, Approve All Proposals

AI Summary

Uwharrie Capital Corp held its Annual Meeting of Shareholders on May 19, 2026, where all four proposals submitted to shareholders were approved. This included the election of seven directors to the Board. Shareholders also ratified a non-binding resolution on executive compensation and approved the appointment of Forvis Mazars, LLP as the independent registered public accounting firm for 2026. Additionally, shareholders voted for a three-year frequency for future advisory votes on executive compensation.

Key Highlights

  • Seven directors elected to the Board at the Annual Meeting.
  • Executive compensation resolution ratified with 2,870,548 votes For.
  • Shareholders approved a three-year frequency for future executive compensation votes with 2,518,205 votes.
  • Forvis Mazars, LLP ratified as independent auditor for 2026 with 4,233,906 votes For.
  • All four proposals submitted to shareholders were approved.