Mercantile Bank shareholders elect all 11 directors, approve ESPP and auditor at annual meeting

MERCANTILE BANK CORP

All 11 director nominees elected with 9.5-9.8M votes for each; broker non-votes ~2.73M.
ESPP with 5% stock discount approved: 9,703,648 for, 166,764 against.
Plante & Moran ratified as auditor for 2025: 12,485,556 for, 115,325 against.
Say-on-pay advisory vote passed: 9,104,379 for, 680,594 against.
Shareholders voted for one-year frequency on future say-on-pay votes: 8,703,736 for one year.

item 5.07item 9.01

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