VersaBank (VB) EGM 2026 summary

Opening remarks and agenda

• Meeting convened at the Innovation Center of Excellence in London, Ontario, to vote on a proposed realignment to a standard U.S. bank framework.

• Notice of meeting confirmed as duly given, quorum established, and meeting declared properly constituted.

• Agenda focused on the reorganization plan as detailed in the management information proxy circular dated August 4, 2026.

Specific resolutions to be voted on

• Shareholders asked to approve a special resolution for reorganization, making Versa Bancorp, a Delaware corporation, the new holding company.

• Resolution required at least 66 and two-thirds percent approval to pass.

• The special resolution was moved, seconded, and carried with overwhelming support.

Overview of voting outcomes

• 99.7% of votes cast were in favor, with over 68% of outstanding shares voting.