Northrim BanCorp (NRIM) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 22, 2025, will be held virtually, allowing shareholders to attend, vote, and submit questions online.

• Proxy materials, including the 2024 Annual Report and Definitive Proxy Statement, are available online for review and voting.

Voting matters and shareholder proposals

• Shareholders will vote on electing twelve directors to serve until the 2026 annual meeting or until successors are elected.

• Approval of the 2025 Stock Incentive Plan is up for vote, with board recommendation to approve.

• Advisory vote on executive compensation as disclosed in the proxy statement, recommended for approval by the board.

• Ratification of Moss Adams LLP as independent registered accounting firm for fiscal year 2025 is proposed, with board support.

Board of directors and corporate governance

• Twelve nominees are listed for election to the board, each recommended by the board for shareholder approval.