First Bancorp board decides annual advisory say-on-pay vote after 92% shareholder support

FIRST BANCORP /NC/

Over 92% of shareholders voted for annual say-on-pay frequency at April 29, 2025 annual meeting.
Compensation Committee and Board determined on July 29, 2025 to hold advisory vote on NEO compensation every year.
Decision filed as Form 8-K/A on July 30, 2025 to disclose outcome.

item 5.07

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