Farmers and Merchants Bancshares adopts 2023 Equity Compensation Plan with 30,000 shares reserved

Farmers & Merchants Bancshares, Inc.

Plan adopted July 17, 2023; authorizes 30,000 shares for stock awards, RSUs, and performance awards.
Eligible participants include employees, directors, and consultants of the Company.
Plan is intended to attract, incentivize, and retain key personnel via equity-based compensation.
Registration statement will be filed before any grants; no awards until effective.

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