Company: PFIS
Filing Date: 2025-05-05
Form Type: S-3/A
Source: 0001104659-25-044501
Chunk: 11

Company: PEOPLES FINANCIAL SERVICES CORP.
Filing Date: 2025-05-05
Form: S-3/A
Chunk 11
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 to businesses within and outside our primary market area under its wholly owned subsidiary, 1st Equipment Finance, Inc.

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TABLE OF CONTENTS

### USE OF PROCEEDS
We intend to use the net proceeds from the sales of the offered securities as set forth in the applicable prospectus supplement.

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TABLE OF CONTENTS

### DESCRIPTION OF SECURITIES
This prospectus contains summary descriptions of the common stock, preferred stock, debt securities, warrants, purchase contracts, rights or units that may be offered and sold from time to time. These summary descriptions are not meant to be complete descriptions of each security. At the time of an offering and sale, this prospectus together with the accompanying prospectus supplement will contain the material terms of the securities being offered.

### DESCRIPTION OF CAPITAL STOCK
The following description is a summary of the material provisions of our Articles of Incorporation, as amended (“articles of incorporation”) and Second Amended and Restated Bylaws, as amended (the “bylaws”). Copies of the articles of incorporation and bylaws have been filed with the SEC and are incorporated into this prospectus.

#### General
The authorized capital stock of Peoples consists of 25,000,000 shares of common stock, $2.00 par value, of which 9,995,482 were issued and outstanding as of April 21, 2025; and 500,000 shares of preferred stock, without par value, none of which were issued and outstanding as of April 21, 2025.

#### Common Stock

#### Voting
Each holder of Peoples common stock is entitled to one vote per share held on any matter submitted to a vote of shareholders. There are no cumulative voting rights in the election of directors.

Peoples’ bylaws provide that its board of directors will be classified into three classes, each class to be as nearly equal in number, in respect to the time for which they severally hold office. At each annual meeting of shareholders, one class of directors is to be elected, and each class of directors so elected will serve for a term of approximately three years.

Peoples’ articles of incorporation provide for majority voting in uncontested elections of directors. Under Peoples’ majority voting standard, each vote cast will be counted either “for” or “against” the nominee’s election as a director. To be elected in an uncontested election, a quorum must be present at the meeting and the number of votes cast by shareholders “