Merchants Bancorp (MBIN) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 21, 2026, at company headquarters in Carmel, Indiana.

• Shareholders can access proxy materials online and vote electronically until May 21, 2026, at 1:00 A.M. ET.

• Proxy materials are available for review and can be requested in paper or electronic format.

Voting matters and shareholder proposals

• Election of 12 directors is up for shareholder vote, with board recommending a vote FOR all nominees.

• Advisory, non-binding vote on executive compensation is proposed, with board recommending a FOR vote.

• Ratification of Forvis Mazars, LLP as independent auditor for fiscal year ending December 31, 2026, is proposed, with board recommending a FOR vote.

Board of directors and corporate governance

• Board has nominated 12 individuals for election as directors at the annual meeting.