CF Bankshares issues Series D preferred for common stock; shareholders elect directors, approve equity plan amendment

CF BANKSHARES INC.

Issued 160 shares of Series D non-voting convertible perpetual preferred stock in exchange for 16,000 voting common shares.
Elected directors Edward W. Cochran and Timothy T. O'Dell for three-year terms expiring in 2027.
Approved non-binding advisory resolution on executive compensation (2,727,193 for, 284,154 against).
Ratified FORVIS, LLP as independent auditor for fiscal year 2024 (3,975,717 for).
Approved First Amendment to 2019 Equity Incentive Plan increasing reserved shares from 300,000 to 500,000.

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