Company: CMTV
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001174947-25-000534
Chunk: 47

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 47
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 by the Corporate Governance/Nominating Committee; and (ii) the process described below under “Inclusion of Shareholder Proposals in Company Proxy Materials,” which is governed by SEC Rules and which has an earlier notification deadline. Use of Discretionary Authority in Connection with Shareholder Nominations and Proposals Under the rules and regulations of the SEC, the Company will be permitted to use its discretionary authority conferred in the proxy card for the Annual Meeting to vote on a shareholder proposal or director nominee even if the proposal or nominee has not been discussed in the Company’s proxy statement, unless the shareholder-proponent has given timely notice to the Company of his or her intention to present the proposal or nominee for vote at the meeting. If timely notice has been given, the proxies would only be voted on the matter pursuant to the grant of discretionary authority in the proxy card if the Company has described the proposal in the proxy statement and indicated how the persons named as proxies intend to vote on the matter. As required under the bylaws, in order to be considered timely for the 2026 Annual Meeting, the shareholder-proponent must furnish written notice to the Company of the proposal or nominee no earlier than November 20, 2025 and no later than January 19, 2026, the same advance notice period as described above for notice of proposals to be made from the floor at the Annual Meeting. Inclusion of Shareholder Proposals in Company Proxy Materials There is a separate process from that described above, with an earlier notification deadline, if a shareholder seeks to have his or her proposals included in the Company’s proxy materials for the 2026 Annual Meeting. That process is governed by SEC rules, and not exclusively by the Company’s bylaws. In order to be considered for inclusion in the Company’s proxy material for the 2026 Annual Meeting, shareholder proposals must be submitted in writing to the Secretary of the Company not later than December 10, 2025, and must comply in all respects with applicable rules and regulations of the SEC relating to such inclusion. Any such proposal will be 31 omitted from or included in the proxy material at the discretion of the Board of Directors of the Company, subject to such rules and regulations. Proponents must also timely provide the information required under the bylaws, as described above. Questions about any of the procedures for shareholder nominations or proposals should be directed to the Assistant Corporate Secretary, Community Bancorp., 4811 US Route 5 Newport, Vermont 05855. OTHER MATTERS As of the date of