Shareholders elect four directors; say-on-pay passes with 92%

SECURITY FEDERAL CORP

Thomas L. Moore, J. Chris Verenes, Richard T. Harmon, and Frampton W. Toole III elected as directors for three-year terms.
Say-on-pay proposal approved by 92% of shares present (2,250,074 for, 160,399 against, 26,910 abstain).
Quorum of 2,437,383 shares present out of 3,186,093 outstanding.
Seven incumbent directors continue their terms.

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