Company: ISBA
Filing Date: 2025-05-08
Form Type: 8-A12B
Source: 0000842517-25-000102
Chunk: 1

Company: ISABELLA BANK CORP
Filing Date: 2025-05-08
Form: 8-A12B
Chunk 1
---
 terms of our common stock are therefore subject to Michigan law and federal law governing bank holding companies.

The following description of our common stock is a summary and is subject to, and is qualified in its entirety by reference to, the provisions of our Articles of Incorporation and our Bylaws. For more detailed information about the rights of our common stock, you should refer to our Articles of Incorporation, Bylaws and the applicable provisions of Michigan law for additional information.

Authorized Capital Stock . ISBA is authorized to issue 15,000,000 shares of common stock, no par value. As of May 8, 2025, 2025, there were 7,382,394 shares of ISBA common stock issued and outstanding. Each share of ISBA common stock has the same relative rights as, and is identical in all respects with, each other share of common stock.

Dividends. The holders of our common stock are entitled to participate ratably on a per share basis in the payment of dividends when, as and if declared thereon by the Board of Directors of ISBA out of funds legally available for the payment of dividends. The payment of dividends by ISBA is subject to limitations that are imposed by law and applicable regulation.

Voting Rights. The holders of our common stock have exclusive voting rights in ISBA. They elect ISBA’s Board of Directors and act on other matters as are required to be presented to them under Michigan law or as are otherwise presented to them by the Board of Directors. Generally, each holder of common stock is entitled to one vote per share and does not have any right to cumulate votes in the election of directors.

Liquidation. In the event of liquidation, dissolution or winding up of ISBA, the holders of our common stock would be entitled to participate ratably on a per share basis, after payment or provision for payment of all its debts and liabilities, all of the assets of ISBA available for distribution.

Preemptive Rights. Holders of our common stock are not entitled to preemptive rights with respect to any shares that may be issued. The common stock is not subject to redemption and does not have any sinking fund provisions.

#### Certain Provisions of our Articles or Bylaws
Advance Notice for Shareholder Proposals. Our Bylaws include specific procedures for shareholder proposals, including proposed nominations for directors, to be brought at shareholder meetings including that the shareholder must (1) have the legal right and authority to make the proposal and (2) have given timely notice thereof