Eagle Bancorp (EGBN) Proxy filing summary

Executive summary

• Strategic plan executed in 2025 focused on asset quality, loan concentration reduction, and asset mix diversification, resulting in improved asset quality metrics and growth in commercial and industrial relationships.

• Competitive advantages include strong capital levels, robust liquidity, and a leading position in the Washington, D.C. metropolitan area.

• Recent market developments, such as a large community bank merger, present opportunities for expansion and client acquisition.

• Leadership transition announced with the planned retirement of the President and CEO, Susan Riel, and a strengthened Board.

Voting matters and shareholder proposals

• Proxy materials include a WHITE proxy card for voting at the 2026 Annual Meeting of Shareholders.

• Shareholders are urged to review proxy materials for important information on matters to be voted on at the meeting.

Board of directors and corporate governance

• Two new independent directors, Kris Pederson and Ted Wilm, were added in September 2025 to enhance banking and financial expertise.

• Director nominee Trevor Montano brings investment experience and community involvement, reflecting a commitment to shareholder alignment.

• Board composition is being reshaped to ensure experience and alignment with shareholder interests.