TXNM shareholders elect all 10 director nominees, ratify KPMG, approve say-on-pay

TXNM's shareholders approved, on an advisory basis, the compensation of TXNM’s NEOs, by the vote indicated below: Votes For Votes Against Abstentions Broker Non-Votes 88,014,281 1,167,803 156,227 8,334,413

The appointment of KPMG LLP to serve as TXNM’s independent public accountants for the year ending December 31, 2026, was ratified by TXNM’s shareholders by the vote indicated below: Votes For Votes Against Abstentions 97,185,638 356,222 130,864

The following nominees were elected to TXNM’s Board of Directors to serve as directors for a one-year term that expires at TXNM’s Annual Meeting of Shareholders to be held in 2027. The votes cast with respect to the nominees presented at the Meeting were as follows: Nominees Votes For Votes Against Abstentions Broker Non-Votes Vicky A. Bailey 88,707,042 525,533 105,736 8,334,413 Norman P. Becker 88,872,216 348,411 117,684 8,334,413 Patricia K. Collawn 87,848,176 1,378,787 111,348 8,334,413 E. Renae Conley 88,179,291 1,053,246 105,774 8,334,413 Sidney M. Gutierrez 88,657,040 565,794 115,477 8,334,413 James A. Hughes 88,735,931 471,779 130,601 8,334,413 Steven C. Maestas 89,063,640 165,870 108,801 8,334,413 Lillian J. Montoya 88,794,924 435,066 108,321 8,334,413 Maureen T. Mullarkey 88,242,541 990,345 105,425 8,334,413 Joseph D. Tarry 88,884,448 342,093 111,770 8,334,413