Company: PNBK
Filing Date: 2025-05-16
Form Type: PRE 14A
Source: 0001140361-25-019517
Chunk: 8

Company: PATRIOT NATIONAL BANCORP INC
Filing Date: 2025-05-16
Form: PRE 14A
Chunk 8
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If you are a beneficial owner of shares, you may submit new voting instructions by contacting your broker, bank or other nominee that is the holder of record and following their instructions for how to do so. Who will pay for the cost of this proxy solicitation? We will pay all expenses incurred in connection with the solicitation of proxies. In addition to solicitation by mail, our officers, directors and regular employees, who will receive no additional compensation for their services, may solicit proxies in person or by telephone, facsimile, email or the Internet. We have requested that brokers, banks and other nominees who hold stock in their names furnish this proxy material to their customers. We will reimburse these brokers, banks and nominees for their out-of-pocket and reasonable expenses. Could other matters be decided at the Annual Meeting? Other than the proposals discussed in this proxy statement, we are not aware of any matters that will be presented and voted upon at the Annual Meeting. If you return your signed and completed proxy card or vote by telephone or on the Internet and other matters are properly presented at the Annual Meeting for consideration, the persons named in the accompanying proxy card will have the discretion to vote for you on such matters and intend to vote the proxies in accordance with their best judgment. Who can help answer my questions? If you have questions about the proposals or if you need additional copies of this proxy statement or the enclosed proxy card you should contact investors@pnbk.com.

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PROPOSAL 1 - DIRECTOR ELECTION PROPOSAL Patriot’s shareholders are being asked to consider and vote upon a proposal to approve the election of eight nominees listed below to each serve as a director of Patriot. In 2024, the Board consisted of Michael A. Carrazza, Steven Sugarman, David Lowery, Edward N. Constantino, Emile Van den Bol, Michael J. Weinbaum, and Grace Doherty. Effective as of April 15, 2025, David Lowery resigned as our Chief Executive Officer and as President and Chief Executive Officer of the Bank to pursue other opportunities. Michael J. Weinbaum and Grace Doherty will not be standing for re-election to the Board at the Annual Meeting. On May 15, 2025, the Board expanded the size of the Board to eight members, subject to the election of eight nominees at the Annual Meeting and subject to the Company’s receipt of the approval from the Board of Governors of the Federal Reserve System (the “FRB”) with respect to the