Company: SYBT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001437749-25-007118
Chunk: 18

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 18
---
 |            |           |
| Richard A. Lechleiter (1) | ✔         | Chair        |            |            |           |
| Philip S. Poindexter (3)  |           |              |            |            |           |
| Stephen M. Priebe (2)     |           | ✔            | Chair      |            |           |
| Edwin S. Saunier          |           | ✔            |            | ✔          |           |
| John L. Schutte           |           | ✔            |            |            | ✔         |
| Laura L.Wells             |           |              |            | ✔          | ✔         |

| (1) | Audit Committee Financial Expert |

| (2) | Lead Independent Director |

| (3) | Messrs. Hillebrand and Poindexter are management directors and do not serve on any Board committees. |

Audit Committee

The Board of Directors of Stock Yards Bancorp maintains an Audit Committee comprised of directors who are not officers of Stock Yards Bancorp. Each member of the Audit Committee meets the Securities and Exchange Commission (“SEC”) and Nasdaq independence requirements for membership on an audit committee and each is financially literate within the meaning of the Nasdaq listing rules.

The Audit Committee oversees the Company’s financial reporting process on behalf of the Board of Directors. Management has primary responsibility for the financial statements and the reporting process including the systems of internal controls. In fulfilling its oversight responsibilities, the Committee, among other matters,

| ● | considers the appointment of our external auditors; |

| ● | reviews with the auditors the plan and scope of the audit and audit fees; |

| ● | monitors the adequacy of reporting and internal controls; |

| ● | meets regularly with internal and external auditors; |

<div align='center'>10</div>

| ● | reviews the independence of the external auditors; |

| ● | reviews our financial results as reported in SEC filings; |

| ● | approves all audit and permitted non-audit services performed by our external auditors; |

| ● | reviews and evaluates identified related party transactions; and |

| ● | discusses with management the Company’s major financial risk exposures and the steps management has taken to monitor and control those exposures. |

The Audit Committee meets with our management at least quarterly to consider the adequacy of our internal controls and the objectivity of our financial reporting. This Committee also meets with the external auditors and with our internal auditors regarding these matters. Both the independent