Meridian Corporation (MRBK) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 22, 2025, to elect three Class B directors, approve executive compensation (say-on-pay), and ratify Crowe LLP as independent auditor for 2025.

• Shareholders of record as of March 28, 2025, are eligible to vote; 11,285,278 shares outstanding.

• Proxy materials are available online, with options for electronic, phone, or mail voting.

Voting matters and shareholder proposals

• Proposals include election of three directors, advisory vote on executive compensation, and ratification of Crowe LLP as auditor.

• Board recommends voting FOR all three proposals.

• Shareholder proposals for the 2026 meeting must be submitted by December 9, 2025, for inclusion in proxy materials.

Board of directors and corporate governance

• Board consists of eight members, majority independent, with a lead independent director and active committee structure.

• Committees include Audit, Compensation, Governance and Nominating, Loan, and Risk Management.

• Board self-evaluations, director education, and anti-hedging/pledging policies in place.

• Director nominees for 2025: George C. Collier, Robert T. Holland, Denise Lindsay.

• Board diversity in business experience and community service is emphasized.