Live Oak Bancshares (LOB) Proxy filing summary

Voting matters and shareholder proposals

• Election of ten director nominees is up for shareholder vote at the 2026 annual meeting.

• Approval sought for the 2026 Omnibus Stock Incentive Plan.

• Approval sought for the 2026 Employee Stock Purchase Plan.

• Advisory say-on-pay vote on executive compensation is included.

• Ratification of KPMG LLP as independent auditors for 2026 is proposed.

Board of directors and corporate governance

• Ten individuals have been nominated for election to the board of directors.

Executive compensation and say-on-pay

• Shareholders are asked to approve, on an advisory basis, the compensation of named executive officers.