Princeton Bancorp (BPRN) Proxy Filing summary

Executive summary

• The 2025 annual meeting will be held virtually on April 22, 2025, with shareholders voting on director elections, executive compensation, auditor ratification, and the frequency of future say-on-pay votes.

• Shareholders of record as of March 7, 2025, are eligible to vote, with 6,915,086 shares outstanding.

• Voting can be done online, by phone, or by mail, and proxies may be revoked before or during the meeting.

Voting matters and shareholder proposals

• Proposals include electing nine directors, an advisory vote on executive compensation, ratification of Wolf & Company as auditor, and an advisory vote on the frequency of future say-on-pay votes.

• The board recommends voting for all director nominees, for executive compensation, for auditor ratification, and for a one-year frequency on say-on-pay votes.

• Shareholder proposals for the 2026 meeting must be submitted by November 24, 2025.

Board of directors and corporate governance

• The board consists of nine directors with diverse backgrounds in finance, law, real estate, and community service.

• Six directors are independent per NASDAQ standards; the chairman and CEO roles are separated.

• Committees include audit, compensation/HR, and nomination, all with independent members.

• Directors attended at least 75% of meetings in 2024, and all attended the 2024 annual meeting.