02/05/2025 | Press release | Distributed by Public on 03/05/2025 00:04
Item 5.07 Submission of Matters to a Vote of Security Holders
Franklin Financial Services Corporation (the "Company") held its annual meeting of shareholders on April 29, 2025. The Board of Directors submitted the following proposals to a vote of security holders and the results of the voting on each proposal are presented below.
Proposal 1 - Election of three Directors to Class B for a term of three years.
Director |
Votes For |
Votes Withheld |
Broker Non-Votes |
|||
Martin R. Brown |
2,181,483 |
129,913 |
586,870 |
|||
Gregory A. Duffey |
2,171,619 |
139,777 |
586,870 |
|||
Gregory I. Snook |
2,247,348 |
64,048 |
586,870 |
Directors Brown, Duffey and Snook were elected.
Proposal 2 - Advisory Vote on Compensation of Named Executive Officers (Say-On-Pay).
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|||
2,075,905 |
148,048 |
87,443 |
586,870 |
The compensation of named executive officers was approved on an advisory basis.
Proposal 3 - Approval and Adoption of the Employee Stock Purchase Plan of 2025.
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|||
2,179,769 |
71,789 |
59,838 |
586,870 |
The Employee Stock Purchase Plan of 2025 was approved and adopted.
Proposal 4 - Ratification of the selection of Crowe LLP, as the independent registered public accounting firm for 2025.
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|||
2,812,914 |
54,748 |
30,604 |
0 |
The selection of Crowe LLP was ratified.