Company: PNBK
Filing Date: 2025-05-16
Form Type: PRE 14A
Source: 0001140361-25-019517
Chunk: 10

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-05-16
Form: PRE 14A
Chunk 10
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      |     |  50 |     | —                                               |
| Carlos Salas          |     |  53 |     | Non-executive employee                          |
| Mario De Tomasi       |     |  65 |     | —                                               |

Each of the eight nominees, if elected, will hold office for a term that expires at the next annual meeting of shareholders. Each director shall hold office for the term for which he or she was elected and until his or her successor is elected and qualified or until his or her earlier death, resignation, or removal. Proxies solicited by the Board will, unless otherwise directed, be voted to elect the eight nominees named in this proxy statement. If elected by shareholders, each of Edward N. Constantino, Emile Van Den Bol, Alon Abady, Anahit Magzanyan, and Mario De Tomasi qualify as an independent director under Nasdaq listing standards. All nominees have consented to be named and have indicated their intent to serve if elected. In the event any of the nominees shall be unable or unwilling to serve as a director, the persons named in the proxy intend to vote “FOR” the election of any person as may be nominated by the Board in substitution. We have no reason to believe that any of the nominees named herein will be unable to serve as a director if elected, subject to the receipt of the FRB approval. The following information about our director nominees is based, in part, upon information supplied by them.

7

Michael A. Carrazza Mr. Carrazza has been Chairman of the Board of Directors of the Company since 2010 and served as interim Chief Executive Officer during a transition of the Company from August 2016 to July 2020. Mr. Carrazza is also CEO of Solaia Capital Advisors, an investment management firm engaged in making private equity and credit investments. Mr. Carrazza currently serves as a director of Modjoul Inc., a global leader in industrial workplace safety and collision avoidance technologies, where he led its recapitalization in 2025; and serves as a director of Siena Capital Finance LLC, a premier asset-based lending operation in North America, where Mr. Carrazza led the management spin-out from the Bank of Ireland in 2012. He served as Chairman from 2012 through 2019. Since 2007, and through Solaia Capital, Mr. Carrazza has originated and managed many equity and credit-related investments in operating companies. Previously