Company: CMTV
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001174947-25-000534
Chunk: 8

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 8
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 as votes cast and, therefore, will not have any effect on the outcome of the vote on Proposal 3. How many votes are required to ratify the selection of BerryDunn as the Company’s independent auditor for 2025 (Proposal 4)? Approval of Berry Dunn McNeil & Parker, LLC (“ BerryDunn”) as the Company’s independent auditor for 2025 will require that more votes are cast “FOR” than are cast “AGAINST” the proposal. Votes to “ABSTAIN” on Proposal 4 and broker non-votes, if any, are not treated as votes cast and, therefore, will have no effect on the outcome of the vote on Proposal 4. How many votes are required to approve any other matter that may come before the meeting? As of the date of this proxy statement, our management and directors do not know of any matter that may be put to a vote at the meeting other than Proposals 1, 2, 3 and 4. If any such matter does arise and is not ruled out-of-order by the Chair, any shares represented by proxies may be voted at the discretion of the attorneys-in-fact named in the proxies, to the extent permitted by law, in accordance with the recommendations of management. Under Vermont law, approval of any such other matter would ordinarily require that more votes be cast for the matter than against. Abstentions from voting and broker non-votes, if any, would not be treated as votes cast and therefore, would have no effect on the vote to approve any such other matter. What is the Board of Directors’ recommendation on how I should vote my shares? The Board recommends that you vote FORProposals 1, 2, and 4 and FORa 3 Yearfrequency on Proposal 3. How will my shares be voted if I do not specify on my signed proxy card how they should be voted? If you request a paper copy of the proxy materials and you sign and return the proxy card by mail but do not indicate how you want your shares to be voted, the persons appointed as proxies by the Board of Directors will vote your shares FORapproval of each of the nominees listed in Proposal 1 and FORapproval of Proposal 4, and in accordance with the recommendations of management on any other matter presented for vote at the meeting. When will the vote results be announced? The Company will appoint inspectors of the election to count the votes on all proposals and any other matter voted on at the Annual Meeting, and the vote results