Company: ASRV
Filing Date: 2025-06-16
Form Type: DEF 14A
Source: 0001140361-25-022675
Chunk: 3

Company: AMERISERV FINANCIAL INC /PA/
Filing Date: 2025-06-16
Form: DEF 14A
Chunk 3
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 HELD ON JULY 29, 2025 GENERAL Introduction This proxy statement is being furnished to shareholders of AmeriServ Financial, Inc., referred to in this document as “we,” “our,” “us,” “ASRV” or the “Company,” in connection with the solicitation of proxies by the board of directors (the “Board”) of the Company to be voted at the 2025 Annual Meeting of Shareholders or any adjournments or postponements thereto (the “Annual Meeting”) scheduled to be held virtually at 1:30 p.m., Eastern Time, on July 29, 2025 at www.virtualshareholdermeeting.com/ASRV2025. Shareholders as of record at the close of business on May 15, 2025 (the “Record Date”), are entitled to vote at the Annual Meeting. AmeriServ Financial, Inc. is the holding company for AmeriServ Financial Bank, which does business under the name AmeriServ Financial and may be referred to as the “Bank” throughout this document. At the Annual Meeting, you will be asked to consider and vote upon the following matters:

| 1. | The election of three Class III directors to the Board, each to serve until the 2028 annual meeting of shareholders or until their respective successor is elected and qualified; |

| 2. | The approval, on an advisory basis, of the compensation of our named executive officers as described in this proxy statement; |

| 3. | The approval, on an advisory basis, on the frequency of future advisory votes on the compensation of the named executive officers of AmeriServ Financial, Inc.; and |

Shareholders may also consider any other business as may properly come before the Annual Meeting or any postponement or adjournment thereof. Information regarding the election of directors and other proposals is included in this proxy statement. Shareholders should carefully read this proxy statement. The first date on which this proxy statement and the enclosed proxy card are being sent to the shareholders of the Company is on or about June 16, 2025. YOUR VOTE IS VERY IMPORTANT. WHETHER OR NOT YOU PLAN TO ATTEND THE ANNUAL MEETING, WE ENCOURAGE YOU TO READ THIS PROXY STATEMENT AND PROVIDE US WITH YOUR PROXY CARD OR VOTING INSTRUCTION FORM AS SOON AS POSSIBLE. Cautionary Statements Regarding Forward-Looking Information Any statements included in this proxy statement that pertain to future financial and business matters are “forward-looking statements