Shore Bancshares (SHBI) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 29, 2025, with virtual attendance available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 28, 2025, or May 22, 2025, for plan-held shares.

Voting matters and shareholder proposals

• Election of four Class I directors for terms expiring in 2028 is on the agenda.

• Proposals include approval of the 2025 Equity Incentive Plan and the 2025 Employee Stock Purchase Plan.

• Ratification of Crowe LLP as independent auditor for fiscal year ending December 31, 2025.

• Advisory vote on executive compensation for named executive officers.

• Proxies may vote on other business as may properly come before the meeting.

Board of directors and corporate governance

• Director nominees: William E. Esham, III; John A. Lamon, III; Rebecca M. McDonald; Esther A. Streete, all for Class I terms expiring in 2028.