Fifth District Bancorp (FDSB) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 18, 2026, at the main office in New Orleans, Louisiana, to elect two directors, ratify the appointment of the independent auditor, and address any other business.

• Proxy materials and annual report are available online; shareholders as of March 31, 2026, are eligible to vote, with 5,289,348 shares outstanding.

• Voting can be done via mail or Internet, with detailed instructions provided; proxies may be revoked before the meeting.

Voting matters and shareholder proposals

• Shareholders will vote to elect two directors for three-year terms and to ratify EisnerAmper LLP as the independent registered public accounting firm for 2026.

• Board recommends voting FOR all director nominees and FOR auditor ratification.

• Procedures for shareholder proposals and director nominations for future meetings are outlined, with deadlines and requirements specified.

Board of directors and corporate governance

• Board consists of six members in three staggered classes; all directors except the CEO are independent per Nasdaq standards.

• Board leadership is separated between Chairman and CEO roles to enhance oversight.

• Standing committees (Audit, Compensation, Nominating/Corporate Governance) are composed solely of independent directors.

• Codes of Ethics and anti-hedging policies are in place for directors and employees.

• Directors are encouraged to attend annual meetings; all attended the previous year.