Shareholders elect two directors, approve say-on-pay and auditor ratification at annual meeting

Farmers & Merchants Bancshares, Inc.

Class IV directors Robert G. Pollokoff and Teresa L. Smack elected with 1,692,169 and 1,699,759 votes for, respectively.
Non-binding advisory resolution on 2025 executive compensation approved with 1,741,137 for, 18,822 against.
Ratification of Yount, Hyde & Barbour, P.C. as independent auditor for 2026 approved with 2,021,935 for, none against.
Broker non-votes of 238,737 reported for director elections and say-on-pay; auditor ratification had none.
Meeting held April 28, 2026; all three proposals passed.

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