Company: TCBI
Filing Date: 2025-03-06
Form Type: DEF 14A
Source: 0001077428-25-000066
Chunk: 24

Company: TEXAS CAPITAL BANCSHARES INC/TX
Filing Date: 2025-03-06
Form: DEF 14A
Chunk 24
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 or she served during 2024 |
| ▪Board oversight of corporate responsibility matters                                                                                                                                           |
| ▪Board and Compensation Committee oversight of human capital management matters                                                                                                                |
| ▪Direct Board access to management and access to independent advisors                                                                                                                          |
| ▪No poison pill                                                                                                                                                                                |

Among the policies addressed in the Guidelines are the following:

▪ Retirement policy. A director who reaches the age of 75 at or before the time of his or her election will not be eligible for re-election to the Board, subject to waiver of this requirement on an annual basis by unanimous vote of the remaining members of the Board. Mr. Browning, the former Chairman of our Audit Committee, has turned 75 since our last annual meeting of stockholders and is therefore not standing for election at the 2025 annual meeting of stockholders. Mr. Stallings also turned 75 since our last annual meeting of stockholders. The Board, by unanimous vote (Mr. Stallings abstaining), determined in January 2025 that the value of Mr. Stallings’ contribution made it advisable that he continue to serve as a director and Lead Independent Director. Moreover, the Board determined that a smooth transition of the Chairman role was in the Company’s best interest. As a result, the Board waived the retirement age policy for Mr. Stallings for one year and nominated him for re-election at the 2025 Annual Meeting.

TCBI 2025 | Notice of Annual Meeting and Proxy Statement 29

| Governance |

▪ Board leadership structure. Provides the Board with flexibility to determine the appropriate leadership structure for the Company and requires a Lead Independent Director with robust responsibilities in the event the Chairman is not independent.

▪ Limits on other board service. No director may serve on more than four public company boards (including the Company’s Board), but the Chairman may only serve on a maximum of two other public company boards. The Company’s CEO and other executive officers may serve on only one other public company board.

▪ Review of significant responsibility changes. Any director who retires from his or her principal employment, or whose principal occupation or business association changes substantially, must tender a letter of resignation to the Board. The Board will determine whether to accept the resignation based on the recommendation of the Governance Committee after its review of the circumstances.

▪ Annual meeting attendance. The Board expects all of its members to attend the Company’s annual meetings of stockholders. Of the twelve directors then serving on the Board, eleven of the directors were in attendance at the