ServisFirst Bancshares (SFBS) Proxy Filing summary

Executive summary

• Annual Meeting scheduled for May 19, 2025, at corporate headquarters in Birmingham, Alabama, with proxy materials first distributed on April 7, 2025.

• Shareholders will vote on the election of seven directors, an advisory say-on-pay vote, and ratification of Forvis Mazars, LLP as independent auditor for 2025.

• Board unanimously recommends voting in favor of all proposals.

Voting matters and shareholder proposals

• Proposals include election of seven directors, advisory approval of executive compensation, and ratification of the independent auditor.

• Board recommends a vote FOR all director nominees, FOR the say-on-pay resolution, and FOR auditor ratification.

• Shareholders may vote by internet, phone, mail, or in person; detailed instructions provided.

• Shareholder proposals for the 2026 meeting must be submitted by December 8, 2025.

Board of directors and corporate governance

• Seven director nominees, including the CEO, are up for election; six are independent per NYSE standards.

• Board committees (Audit, Compensation, Corporate Governance & Nominations) are composed entirely of independent directors.

• Board leadership combines a Chairman/CEO and a Lead Independent Director, with regular executive sessions without management.

• Annual review of governance guidelines and policies, including director resignation and incentive compensation clawback policies.

• Strong emphasis on director and executive stock ownership, with current levels far exceeding typical requirements.