Company: UBCP
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0001104659-25-023904
Chunk: 4

Company: UNITED BANCORP INC /OH/
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 4
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 the holders of Shares entitling them to exercise a majority of the voting power of the Corporation. Effects of Abstentions and Broker Non-Votes If you hold your shares in a trust or brokerage account (sometimes referred to as holding shares in “street name”), please note that your bank or brokerage firm has no “discretionary voting authority” with respect to Proposals One through Three and therefore cannot vote on such proposals in the absence of your instructions. As a result, unless you direct your broker on how to vote your shares with respect to one or more of Proposals One through Three, your shares will remain un-voted on such proposals. This commonly referred to as a “broker non-vote.” Although abstentions and broker non-votes will be counted for purposes of determining the presence of a quorum, neither are considered to be votes cast. 3

OWNERSHIP OF VOTING SHARES As of the Record Date, the following entity was the only shareholder known to the Corporation to be the beneficial owner of more than 5% of the Corporation’s outstanding common shares:

| Person                        | ​ | ​ | Shares ofCommonStock Owned |   |         |   | ​ | ​ | Percentof Class |   |      |   | ​ |
| United Bancorp, Inc. Employee | ​ | ​ | ​                          | ​ | 394,283 | ​ | ​ | ​ | ​               | ​ | 6.6% | ​ | ​ |
| Stock Ownership Plan(1)       | ​ | ​ | ​                          | ​ |       ​ | ​ | ​ | ​ | ​               | ​ | ​    | ​ | ​ |
| 201 South Fourth Street,      | ​ | ​ | ​                          | ​ |       ​ | ​ | ​ | ​ | ​               | ​ | ​    | ​ | ​ |
| Martins Ferry, OH 43935       | ​ | ​ | ​                          | ​ |       ​ | ​ | ​ | ​ | ​               | ​ | ​    | ​ | ​ |

1. Under the terms of the ESOP, the ESOP trustee will vote shares allocated to participants’ accounts in the manner directed by the participants. As a general matter, the ESOP trustee is required to vote both the unallocated shares and the allocated shares for which no direction by the beneficial owner has been given in the same manner as the trustee has been directed to vote a majority of the allocated shares voted in connection with the meeting. As of the Record Date,