Company: FFWM
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001104659-25-036041
Chunk: 9

Company: First Foundation Inc.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 9
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 an uncontested election must tender an offer of resignation to the Board. The Nominating and Corporate Governance Committee will consider the resignation offer and make a recommendation to the Board whether to accept or reject the resignation or whether other action should be taken. If any such director’s resignation offer is not accepted by the Board, the Board will publicly disclose its decision, including the reasons for not accepting the resignation offer, within four business days after reaching its decision. 4 TABLE OF CONTENTS Proposal No. 2. Approval of the First Foundation Inc. Amended and Restated 2024 Equity Incentive Plan. The affirmative vote of a majority of the shares of common stock present in person or represented by proxy and entitled to vote on this proposal is required to approve this Proposal No. 2. Abstentions will have the same effect as an “against” vote. Broker non-votes will have no effect on the outcome of this vote. Proposal No. 3. Ratification of the Appointment of Independent Registered Public Accounting Firm . The affirmative vote of a majority of the shares of common stock present in person or represented by proxy and entitled to vote on this proposal is required to approve this Proposal No. 3. Abstentions will have the same effect as an “against” vote. Broker non-votes will have no effect on the outcome of this vote; however, if the broker receives proxy materials only from the Company, we expect the broker will be entitled to vote shares held for a beneficial owner on this Proposal No. 3 without instructions from the beneficial owner. Proposal No. 4. Advisory Vote on the Compensation of the Company’s Named Executive Officers. The affirmative vote of a majority of the shares of common stock present in person or represented by proxy and entitled to vote on this proposal is required to approve this Proposal No. 4. Abstentions will have the same effect as an “against” votes. Broker non-votes will have no effect on the outcome of this vote. The vote with respect to this Proposal No. 4 is not binding on the Company, the Board or the Compensation Committee of the Board (the “Compensation Committee”). However, the Board and the Compensation Committee will review the results of this vote and take it into consideration when making future decisions regarding executive compensation. Proposal No. 5. Advisory Vote on the Frequency of Future Advisory Votes on the Compensation of the Company’s Named Executive Officers. This proposal requires the holders of shares of common stock to choose among alternatives of “three years,” “two