Company: SYBT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001437749-25-007118
Chunk: 17

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 17
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 not qualify as an independent director under the Board’s independence standards. The role and responsibility of the lead director consists of the following:

| ● | preside at executive sessions of the Board, which consist of independent and non-management directors and are held at least two times annually; |

| ● | call special meetings of the independent directors and committees of the Board; |

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| ● | serve as a liaison between the Chief Executive Officer and board members and be available to discuss with any director concerns he or she may have regarding the Board, the Company or the management team; |

| ● | provide advice and consultation to the Chief Executive Officer and inform him or her of decisions reached and suggestions made during executive sessions of the Board of Directors; |

| ● | review and approve matters such as agendas and schedules for Board meetings and executive sessions, and information distributed to board members; and |

| ● | consult and communicate with shareholders where appropriate. |

Committees of the Board

Stock Yards Bancorp maintains an Audit Committee, a Compensation Committee, a Nominating and Corporate Governance Committee and a Credit and Risk Committee of the Board of Directors. The Bank maintains a Trust Committee of the Board of Directors. Each of these committees operates under a written charter approved by the Board of Directors and reviewed annually by the committee. The chair of each committee reports its activities, discussions, recommendations and approvals to the full Board at each regularly scheduled Board meeting. Committee leadership and membership is reviewed annually by the Nominating and Corporate Governance Committee and, upon its recommendations, approved by the Board. The charters are available on the investor relations page of our website, www.syb.com. Current members of each of these committees are identified below:

| Director                  | Audit     
 Committee | Compensation 
 Committee    | Nominating 
 And        
 Corporate  
 Governance 
 Committee  | Credit and 
 Risk       
 Committee  | Trust     
 Committee |
| Shannon B. Arvin          |           |              | ✔          |            | Chair     |
| Paul J. Bickel III        | ✔         |              |            |            | ✔         |
| Allison J. Donovan        |           |              | ✔          | ✔          |           |
| David P. Heintzman        |           |              |            | Chair      | ✔         |
| Carl G. Herde (1)         | Chair     |              | ✔          |            |           |
| James A. Hillebrand (3)   |           |              |