Company: FMFG
Filing Date: 2025-03-13
Form Type: PREC14A
Source: 0001437749-25-007538
Chunk: 54

Company: Farmers & Merchants Bancshares, Inc.
Filing Date: 2025-03-13
Form: PREC14A
Chunk 54
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 FOR | WITHHOLD |
| Steven W. Eline          | ☐   | ☐        |
| Class III Director       |     |          |
| (Term to Expire in 2029) |     |          |
| Bruce L. Schindler       | ☐   | ☐        |
| Class III Director       |     |          |
| (Term to Expire in 2029) |     |          |

The Board of Directors recommends a vote“FOR”each of the Company’s proposed director nominees listed in Proposal 1.

| 2. | Ratify the appointment of Yount, Hyde & Barbour, P.C. as the Company’s independent registered public accounting firm for 2025: |

| ☐         FOR | ☐         AGAINST | ☐         ABSTAIN |

The Board of Directors recommends a vote“FOR”in Proposal 2.

| 3. | Transact such other business as may be properly brought before the meeting or at any adjournment thereof. |

Shares represented by all properly executedWHITEProxy Cards will be voted in accordance with instructions appearing on the proxy. In the absence of specific instructions, proxies will be voted“FOR”each of Messrs. Eline and Schindler in Proposal 1 and“FOR”Proposal 2, and in their discretion on any other matters that may properly come before the Annual Meeting to the extent authorized by Rule 14a-4(c).

| PLEASE PRINT NAME (S) HERE |     | PLEASE SIGN HERE |

<div align='center'>Date: ____________________, 2025</div>

NOTE: Joint holders must each sign this proxy. When signing as attorney, executor, administrator, trustee or guardian, please indicate the capacity in which you are signing. If the holder is a corporation or other entity, this proxy must be signed by an authorized person in full corporate or entity name.

PLEASE CHECK BOX IF YOU PLAN TO ATTEND THE 2025 ANNUAL MEETING OF STOCKHOLDERS: [ ]

As a stockholder of Farmers and Merchants Bancshares, Inc., you have the option of voting your shares electronically via the Internet or by telephone, eliminating the need to return the WHITEProxy Card by mail. Your electronic vote authorizes the named proxies to vote your shares in the same manner as if you completed, signed, dated and promptly returned the WHITEProxy Card by mail.

Instructions on how to vote during the Annual Meeting are contained in the Proxy Statement in the section titled “How to