Home Bancshares (Conway, AR) (HOMB) Proxy Filing summary

Executive summary

• Annual meeting scheduled for April 17, 2025, with record date of February 7, 2025; 198,838,424 shares outstanding and entitled to vote.

• 2024 marked record revenue ($1.02 billion), net income ($402.2 million), and book value ($19.92/share).

• Recognized by Forbes as a top-performing bank holding company for 11 consecutive years.

Voting matters and shareholder proposals

• Election of 13 directors for a one-year term.

• Advisory (non-binding) vote on executive compensation (say-on-pay).

• Approval to amend articles of incorporation to increase authorized common stock from 300M to 400M shares.

• Ratification of Forvis Mazars, LLP as independent registered public accounting firm for 2025.

Board of directors and corporate governance

• Board consists of 15 members, 80% independent, with annual elections and an independent Vice Chairman.

• Four standing committees: Audit and Risk, Compensation and Leadership Development, Nominating and Corporate Governance, Asset/Liability.

• Board diversity: 19% diverse, 80% independent, average age 68.9.

• Corporate governance guidelines, code of ethics, and clawback policy in place.