Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 56

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 56
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 connection with an award under the Amended 2024 Plan in an amount equal to the ordinary income realized by a participant at the time the participant recognizes such income. Vote Required and Recommendation of the Board The affirmative vote of a majority of the shares of common stock present in person or represented by proxy and entitled to vote on this proposal is required to approve this proposal. THE BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE “ FOR ” PROPOSAL NO. 2 TO APPROVE THE AMENDED AND RESTATED 2024 EQUITY INCENTIVE PLAN. 33 TABLE OF CONTENTS RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM (Proposal No. 3) Change in Accounting Firm As previously disclosed in the Company’s Current Report on Form 8-K, filed with the SEC on November 22, 2023 (the “Eide Bailly Form 8-K”), Eide Bailly notified the Company on November 17, 2023 that Eide Bailly has made a decision to exit the financial institution portion of its SEC audit practice, and therefore would decline to stand for reappointment as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The Company continued to engage Eide Bailly for the audit of the financial statements for the year ending December 31, 2023, and for the review of the Company’s interim financial statements for the quarter ending March 31, 2024. As previously disclosed in the Eide Bailly Form 8-K, the audit reports of Eide Bailly on the Company’s consolidated financial statements as of and for the years ended December 31, 2022 and 2021 did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. As previously disclosed in the Eide Bailly Form 8-K, during the years ended December 31, 2022 and 2021, and the subsequent interim period through November 22, 2023, there have been no disagreements with Eide Bailly on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Eide Bailly, would have caused Eide Bailly to make reference to the subject matter of the disagreement in connection with its reports on the Company’s financial statements for such periods. As previously disclosed in the Eide Bailly