First Interstate BancSystem (FIBK) Proxy Filing summary

Related party transactions

• James R. Scott, Jr., a former executive and son of a retiring director, received $220,000 in total compensation for 2024, including $173,000 base salary and $47,000 other compensation.

• Charles Heyneman, brother of a current director, received $154,000 in total compensation for 2024, with $127,000 base salary and $27,000 other compensation; expected to receive over $120,000 in the current fiscal year.

Board of directors and corporate governance

• James R. Scott, a Class III director, will retire from the Board effective at the 2025 Annual Meeting.

Voting matters and shareholder proposals

• Shareholders are reminded that previously submitted proxy votes remain valid unless changed before the Annual Meeting.