Company: COFS
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0001140361-25-012677
Chunk: 15

Company: CHOICEONE FINANCIAL SERVICES INC
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 15
---
 an annual advisory vote because we believe that this will provide our shareholders with an ongoing, consistent and timely means of providing input regarding our executive compensation programs. The frequency—one year, two years or three years—that receives the greatest number of votes will be considered to have been approved by the shareholders. This vote is advisory and is not binding on the Company, the Board of Directors or the Personnel and Benefits Committee. However, the Board of Directors and the Personnel and Benefits Committee values the opinions of our shareholders and will take them into consideration when making future decisions regarding the frequency of future shareholder advisory votes on executive compensation. Your Board of Directors and Personnel and Benefits Committee, which consists entirely of independent directors, recommend that you vote ONE YEAR for the frequency of future advisory votes to approve the Company’s executive compensation. 7 Ratification of the Selection of Independent Registered Public Accounting Firm ChoiceOne's Audit and Compliance/CRA Committee (“Audit Committee”) has approved the selection of Plante & Moran, PLLC as the Company's independent registered public accounting firm to audit the financial statements of ChoiceOne and its subsidiaries for the year ending December 31, 2025, and to perform such other appropriate accounting services as may be approved by the Audit Committee. The Audit Committee and the Board of Directors propose and recommend that shareholders ratify the selection of Plante & Moran, PLLC to serve as the Company's independent auditors for the year ending December 31, 2025. More information concerning the relationship of the Company with its independent auditors appears below under the headings “Audit Committee,” “Independent Registered Public Accounting Firm,” and “Audit Committee Report.” If the shareholders do not ratify the selection of Plante & Moran, PLLC, the Audit Committee will consider a change in auditors for the next year. Your Board of Directors and Audit Committee, which consists entirely of independent directors, recommend that you vote FOR ratification of the selection of Plante & Moran, PLLC as our independent auditors for the year ending December 31, 2025. 8

Corporate Governance Independence The Board of Directors has determined that the following 13 of its 15 directors are “independent” directors as of December 31, 2024 (and as of March 1, 2025, for Mr. Petty and Dr. Hicks, the date upon which each joined the Board of Directors) as defined by the rules of the SEC and the Nasdaq Listing Rules: Greg L. Armock Keith D. Brophy Harold J. Burns Eric (Rick)