BayFirst Financial (BAFN) Proxy filing summary

Executive summary

• Annual Meeting scheduled for September 22, 2026, to elect 12 directors and consider adjournment if needed.

• Shareholders of record as of August 3, 2026, are eligible to vote; 26,962,815 shares outstanding.

• Proxy materials are distributed electronically, with paper copies available upon request.

Voting matters and shareholder proposals

• Two main proposals: election of 12 directors and potential adjournment to solicit more proxies.

• Board recommends voting in favor of all proposals.

• Shareholder proposals for the 2027 meeting must be received by May 3, 2027, for proxy inclusion.

Board of directors and corporate governance

• Board consists of 12 nominees, majority determined to be independent under Nasdaq and SEC rules.

• Board committees include Audit and Risk Management, Compensation, Corporate Social Responsibility, Executive, and Nominating.

• Board and committee meetings had high attendance; no formal policy on annual meeting attendance.

• Code of Ethics adopted, compliant with Nasdaq and Sarbanes-Oxley.