Company: CMTV
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001174947-25-000534
Chunk: 2

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 2
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| ANNUAL REPORT                                                                              | 30 |
| SHAREHOLDER NOMINATIONS AND OTHER PROPOSALS                                                | 30 |
| Bylaw Requirements for Shareholder Nominations and Other Proposals                         | 30 |
| Use of Discretionary Authority in Connection with Shareholder Nominations and Proposals    | 31 |
| OTHER MATTERS                                                                              | 32 |
| VOTING QUESTIONS OR OTHER SHAREHOLDER ASSISTANCE                                           | 32 |

2 COMMUNITY BANCORP. 4811 U.S. Route 5 Newport, Vermont 05855 PROXY STATEMENT ANNUAL MEETING OF SHAREHOLDERS May 20, 2025 This proxy statement is furnished to our shareholders in connection with the solicitation of proxies by the Board of Directors of Community Bancorp. (the “Company,” “we,” “our”or “us”) for use at the Annual Meeting of shareholders and at any postponements or adjournments of that meeting. The Annual Meeting will be held on Tuesday, May 20, 2025, at 3:00 p.m. Eastern Time at The East Side Restaurant, 47 Landing Street, in Newport, Vermont. Shareholders are invited to a social hour immediately preceding the meeting, from 2:00 p.m. to 3:00 p.m. Eastern Time. This proxy statement and related proxy card are first being made available to our shareholders on or about April 9, 2025. GENERAL INFORMATION ABOUT THE MEETING AND VOTING Who is entitled to vote at the Annual Meeting? Only holders of record of the Company’s common stock, $2.50 par value per share, on the record date for the meeting are entitled to vote at the meeting. The record date for the meeting is the close of business on March 26, 2025. There are 15 shares of the Company’s Series A Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock ( “Series A Preferred Stock”) outstanding as of the date of this proxy statement. The holders of those shares are not entitled to vote on any matter to be presented for vote of the shareholders at the Annual Meeting. How many shares are entitled to vote at the meeting? As of the record date for the meeting (March 26, 2025), there were 5,596,981 shares of our common stock issued and outstanding, each of which is entitled to one vote with respect to each matter to be voted on at the meeting.