Blue Ridge Bankshares (BRBS) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 21, 2025, at The Westin Richmond, Richmond, VA.

• Shareholders will vote on director elections, board declassification, executive compensation, compensation vote frequency, and auditor ratification.

Voting matters and shareholder proposals

• Election of three directors for three-year terms expiring in 2028: G. William Beale, Ciaran McMullan, and Vance H. Spilman.

• Proposal to amend articles of incorporation to declassify the board.

• Advisory vote on named executive officer compensation.

• Advisory vote on frequency of executive compensation approval (every 1, 2, or 3 years).

• Ratification of Elliott Davis, PLLC as independent auditor for 2025.

Board of directors and corporate governance

• Board recommends voting for all director nominees and for declassifying the board.

• Declassification aims to have all directors elected annually rather than staggered terms.