Company: SYBT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001437749-25-007118
Chunk: 27

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 27
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 were last elected to the Board of Directors by shareholders at the 2024 Annual Meeting.

Except for Ms. Wells, there are no arrangements or understandings between or among any of the nominees, directors or executive officers and any other person pursuant to which any of our nominees, directors or executive officers have been selected for their respective positions. We refer you to the section captioned “Commonwealth Bancshares Investor Agreement” on page 22 of this Proxy Statement for a discussion of our agreement with the principal shareholders of Commonwealth Bancshares to consider and, if acceptable to Stock Yards, nominate a qualified individual designated by those principal shareholders for election to our Board of Directors.

There are no family relationships between any of our directors or executive officers and any other directors or executive officers.

Unless otherwise directed, shares represented by a properly submitted proxy will be voted for the election of each nominee. Proxies cannot be voted at the Annual Meeting for a greater number of persons than the 12 nominees named in this Proxy Statement.

To be elected in an uncontested election, a director nominee must receive a majority of the total votes cast for his or her election. Because we did not receive advance notice by the deadline established in our Bylaws of any shareholder nominees for director, this election of directors is an uncontested election.

The following table contains information about the 12 nominees for election at the 2025 Annual Meeting. Each nominee has consented to being named in this Proxy Statement and agreed to serve as a director if elected.

| Name               | Age (1) | Independent | Director Since | Principal Occupation (2)                                                                                                          | Seats Held on  
 Other Public   
 Company Boards 
 of Directors   |
| Shannon B. Arvin   |      50 | ✔           |           2021 | President and CEO, Keeneland Association                                                                                          | None           |
| Paul J. Bickel III |      69 | ✔           |           2017 | President, U.S. Specialties                                                                                                       | None           |
| Allison J. Donovan |      44 | ✔           |           2022 | Member, Stoll Keenon Ogden PLLC                                                                                                   | None           |
| David P. Heintzman |      65 | ✔           |           1992 | Former Chairman of the Boards and Retired Chief Executive Officer, Stock Yards Bancorp, Inc. and Stock Yards Bank & Trust Company | None           |
| Carl G. Herde      |      64 | ✔           |           2005