Company: UVSP
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000102212-25-000009
Chunk: 51

Company: UNIVEST FINANCIAL Corp
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 51
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 hedging, derivative or other equivalent transaction that is specifically designed to reduce or limit the extent to which declines in the trading price of Common Stock would affect the value of the shares of Common Stock owned by a Director, Executive Officer or employee is prohibited.

#### Margin Accounts and Pledging Policy
The Corporation's Margin Accounts and Pledging Policy includes a prohibition from pledging the Corporation's Common Stock as collateral for any loan or holding the stock in a margin account for its Directors, Executive Officers and employees. Because certain transactions may occur at a time when a Director, Executive Officer or employee is aware of material, non-public information or otherwise not permitted to trade in the Corporation's securities, Directors, Executive Officers and employees are prohibited from holding the Corporation's securities in a margin account, borrowing against any account where the Corporation's securities are held or pledging the Corporation's securities as collateral for a loan.

### NOMINATING AND GOVERNANCE COMMITTEE OF THE BOARD
The Nominating and Governance Committee met three times during the fiscal year ended December 31, 2024. The primary purpose of the Nominating and Governance Committee is to identify individuals for nomination as members of the Board and Board committees and to evaluate the Board's governance structure. In addition, as needed, the Nominating and Governance Committee assists in setting the Corporation’s general strategy with respect to ESG Matters, and considers, recommends and implements policies, practices and disclosures that conform with that strategy, including those that enhance reputation, mitigate risk, engage employees and meet shareholder expectations; provided, however, that the Corporation’s Compensation Committee is primarily responsible for ESG Matters involving compensation, employment and human resources.

The Nominating and Governance Committee charter is available at www.univest.net in the "INVESTOR RELATIONS" section under Governance Documents.

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All members of the Nominating and Governance Committee are independent as defined in the listing standards of the NASDAQ Stock Market.

The Nominating and Governance Committee recommended to the Board the slate of nominees included in this Proxy Statement for election to the Board of Directors at the Annual Meeting of Shareholders.

Alternate Directors are elected by the Corporation's shareholders and serve for a one-year term. The Alternate Director position provides an avenue for the Corporation to nurture and evaluate future Directors that the Board of Directors has determined would qualify as a nominee for the Board of Directors. The Alternate Director, by attending board meetings on a regular basis, stays informed of the activities and conditions of the Corporation and