Riverview Bancorp (RVSB) Proxy Filing summary

Executive summary

• Annual meeting scheduled for August 28, 2025, will be held virtually; shareholders can vote online or by mail.

• Two main proposals: election of three directors for three-year terms and an advisory vote on executive compensation.

• Record date for voting is July 2, 2025; 20,976,198 shares outstanding and entitled to vote.

• Quorum requires a majority of shares present virtually or by proxy; abstentions count toward quorum.

• No other business is expected at the meeting beyond the stated proposals.

Voting matters and shareholder proposals

• Proposal 1: Elect three directors (Patricia W. Eby, Gerald L. Nies, Valerie Moreno) for three-year terms.

• Proposal 2: Advisory (non-binding) vote to approve named executive officer compensation.

• Board recommends voting FOR both proposals.

• Shareholders may submit proposals or director nominations for future meetings, following specific notice requirements.

Board of directors and corporate governance

• Board consists of eight members, divided into three classes; seven of eight directors are independent.

• Leadership structure separates Chairman and CEO roles; average director tenure is 7.6 years.

• Board refreshment: four new directors added in past five years to enhance diversity and skills.

• Committees include Executive, Audit, Nominating and Governance, Personnel/Compensation, Senior Loan, and Technology.

• Code of Conduct and Whistleblower Policy revised in May 2024; applies to all directors and officers.