Company: FMFG
Filing Date: 2025-03-24
Form Type: DEFC14A
Source: 0001437749-25-008883
Chunk: 13

Company: Farmers & Merchants Bancshares, Inc.
Filing Date: 2025-03-24
Form: DEFC14A
Chunk 13
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 incumbent director, shall be qualified to hold office as a director after the close of the annual meeting of stockholders of the Company that immediately follows his or her 75 birthday. Paul F. Wooden, Jr., a Class I Director, has reached the mandatory retirement age and will retire from the Company Board at the conclusion of the Annual Meeting. The Company Board has eliminated, effective as of the conclusion of the Annual Meeting, the vacancy that will be created upon Mr. Wooden, Jr.’s retirement by reducing the number of directorships to 10.

The terms of the current Class III Directors (Steven W. Eline and Bruce L. Schindler) will expire at the conclusion of the Annual Meeting. The Company Board, at the recommendation of the Nominating Committee (as defined below), has nominated each of Messrs. Eline and Schindler for re-election as Class III Directors (with terms to expire at the conclusion of the 2029 annual meeting of stockholders). Each of the nominees listed has expressed his willingness to serve. In the event a director nominee declines or is unable to serve as a director, which is not anticipated, the proxies will vote in their discretion with respect to a substitute nominee named by the Company Board. Our management, however, has no present reason to believe that any Class III director nominee will be unable to serve as a director, if elected.

Information about the principal occupations, business experience and qualifications of the director nominees is provided below under the heading “QUALIFICATIONS OF DIRECTOR NOMINEES AND CONTINUING DIRECTORS”.

Because the vote on Proposal 1 relates to the re-election of incumbent directors, each of the director nominees has an interest in the outcome of this vote.

Stockholders do not have cumulative voting rights and may not vote their shares for more than two director nominees pursuant to this Proposal 1.

<div align='center'>The Company Board recommends that stockholders vote“FOR”each of Messrs. Eline and Schindler.

6

CONTINUING DIRECTORS</div>

The following tables identify each director of the Company whose term does not expire in 2025. Information about the principal occupations, business experience and qualifications of these continuing directors is provided below under the heading “QUALIFICATIONS OF DIRECTOR NOMINEES AND CONTINUING DIRECTORS”.

| Class IV Directors     
 (Term expires in 2026) |
| Name                   |
| Edward A. Halle, Jr.   |
| Robert G. Pollokoff    |
| Teresa L. Smack