Hingham Institution for Savings (HIFS) AGM 2024 summary

Opening remarks and agenda

• Meeting held both in-person and online, with strong attendance from shareholders and board members.

• Formal agenda included election of directors, election of a clerk, advisory vote on executive compensation, and ratification of the independent auditor.

• Meeting notice was properly distributed to all shareholders of record.

• Meeting included review of financial results, operating highlights, and a Q&A session.

Board and executive committee updates

• All board members were present and introduced at the meeting.

• Regan & Associates served as inspector of elections; Wolf & Company as auditors; Goodwin Procter as counsel.

Overview of voting outcomes

• Quorum established with 1,839,034 shares present out of 2,174,000.

• All five director nominees elected with over 82% approval.

• Clerk elected with almost 98% approval.

• Executive compensation approved by over 76% of shares.

• Wolf & Company ratified as auditors with over 98% approval.