United Security Bancshares shareholders reject authorized share increase; approve equity plan

UNITED SECURITY BANCSHARES

All 10 director nominees elected; 70.5% of outstanding shares represented at annual meeting.
Amendment to increase authorized common shares from 20M to 50M failed (6.96M for vs 2.14M against; requires majority of outstanding).
2025 Equity Incentive Award Plan approved by shareholders per company; vote tally shows 727,362 for, 1,365,721 against (anomalous).
Ratification of Moss Adams LLP as auditor for 2025 approved (12.18M for).
Say-on-pay proposal approved (8.47M for).

item 5.07

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