Company: EMYB
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001449794-25-000004
Chunk: 28

Company: Embassy Bancorp, Inc.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 28
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| (4) Includes Deferred Salary Savings Plan (401(k)) company matching contributions, life insurance premiums, and for Mr. Lobach, personal use of   |      |                |         |     |           |         |     |                   |   |     |                      |        |     |                                                      |         |     |                        |        |     |           |           |
| company vehicle also.                                                                                                                             |      |                |         |     |           |         |     |                   |   |     |                      |        |     |                                                      |         |     |                        |        |     |           |           |

The current 2025 annual salaries of the Named Executive Officers are Mr. Lobach - $771,087 Ms. Hunsicker - $534,739, Ms. Cunningham – $300,000, and Ms. Neel - $300,000. Mr. Lobach and Ms. Hunsicker voluntarily took no pay raises for the year ended December 31, 2024. The entire Executive Leadership team also voluntarily took no pay raises for the year ended December 31, 2023, and the percentage of bonuses taken for 2023 by the Executive Leadership team were reduced by 50% in order to support pay increases and bonuses to other team members. In 2003, the Bank adopted a 401(k) Plan for all its employees, including the above-Named Executive Officers. The Plan provides that the Bank will contribute 50% of the contribution made by each employee, with the Bank’s contribution not to exceed 4% of compensation. The Bank’s contribution to each of the Named Executive Officers is included in the table above in the column titled “All Other Compensation”. In addition to the above-described compensation, Executive Officers of the Company, as well as all other employees of the Company and the Bank, receive a benefit package consisting of hospitalization and health insurance coverage, optical and dental coverage, disability benefits and life insurance in the amount of three times annual salary in the event of death while employed. The Named Executive Officers each have employment agreements and supplement executive retirement plan agreements, as described below under “Agreements with Executive Officers,” and are eligible to participate in the Company’s 2010 Stock Incentive Plan, also described below. ‎

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Pay Versus Performance Disclosure In accordance with the SEC’s new disclosure requirements regarding pay versus performance, the following information is