Union Bankshares (UNB) investor relations material

Executive summary

• Annual meeting scheduled for May 20, 2026, at Vermont State University - Johnson Campus at 3:00 p.m. ET.

• Shareholders are invited to vote on key proposals, including director elections and auditor ratification.

• Proxy materials are available online, with options for paper or email copies upon request by May 6, 2026.

Voting matters and shareholder proposals

• Proposal to fix the number of directors at ten and elect the listed nominees, with terms expiring at the next annual meeting.

• Ratification of BDMP | Assurance, LLP as the independent registered public accounting firm for 2026.

• Board of Directors recommends voting in favor of all proposals.

• Other business may be addressed as properly brought before the meeting.

Board of directors and corporate governance

• Ten nominees are presented for election to the board, including Dawn D. Bugbee, Steven P. Cote, Walter B. Frame III, Mary K. Parent, Nancy C. Putnam, Gregory D. Sargent, Timothy W. Sargent, David S. Silverman, Janet P. Spitler, and Jeffrey F. Weidley.

• Directors will serve until the next annual meeting or until successors are elected and qualified.