First US Bancshares (FUSB) Proxy Filing summary

Executive summary

• The 2025 Annual Meeting will be held virtually on May 1, 2025, with shareholders able to vote online, by phone, or by mail.

• Shareholders will vote on electing 11 directors, ratifying the independent auditor, and approving executive compensation on an advisory basis.

• The record date for voting eligibility is March 12, 2025, with 5,752,262 shares outstanding.

• Proxy materials, including the annual report, are available online, and shareholders can submit questions during the virtual meeting.

Voting matters and shareholder proposals

• Proposals include electing 11 directors, ratifying Carr, Riggs & Ingram, LLC as auditor, and an advisory vote on executive compensation.

• Shareholder proposals for the 2026 meeting must be submitted by November 27, 2025, for inclusion in proxy materials.

• The board recommends voting FOR all proposals.

Board of directors and corporate governance

• The board consists of 11 members, with all standing for reelection; most are independent except the CEO.

• The board recently combined the roles of Chairperson and CEO, with a Lead Independent Director designated.

• Committees include Audit, Compensation, Nominating and Corporate Governance, and Executive, all with independent members.

• Directors are encouraged to attend annual meetings, and all attended at least 75% of meetings in 2024.

• Shareholders can communicate directly with the board and nominate directors per bylaw procedures.