Company: SYBT
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001437749-25-007118
Chunk: 84

Company: Stock Yards Bancorp, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 84
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 ending December 31, 2025. The Audit Committee has decided to conduct a competitive review of independent registered public accounting firms, and will be soliciting proposals from several firms to perform the audit of our financial statements as of and for the year ending December 31, 2025. Once these proposals are received and evaluated, the Audit Committee will select and engage the independent registered public accounting firm for 2025. As a result, no recommendation concerning the appointment of an independent registered public accounting firm to audit our financial statements for 2025 is being presented for a vote by shareholders at the Annual Meeting.

The following table presents fees for professional services rendered by the Company’s independent registered public accounting firm, Forvis Mazars, LLP, for the 2024 and 2023 financial statement audits and other services provided during 2024 and 2023.

|                                     |     |   |    2024 |     |   |    2023 |
|:------------------------------------|:----|:--|--------:|:----|:--|--------:|
| Audit fees, excluding audit-related |     | $ | 579,000 |     | $ | 532,000 |
| Audit-related fees                  |     |   |       - |     |   |       - |
| All other fees(1)                   |     |   |  23,400 |     |   |  28,000 |
| Total fees                          |     | $ | 602,400 |     | $ | 560,000 |

| (1) | Includes Form S-8 and S-3 consent in 2024 and miscellaneous compliance related consulting engagements in 2023. |

Audit fees include fees for the consolidated audit and review of Form 10-K as well as fees for reviews of quarterly financial information filed with the SEC on Form 10-Q, FDICIA and U.S Housing and Urban Development assisted programs reporting.

The Audit Committee is responsible for pre-approving all auditing services and permitted non-audit services to be performed by its independent auditors. For both 2024 and 2023, the Audit Committee pre-approved the performance of unspecified audit-related services for which fees may total up to $20,000 annually. No fees were incurred under this pre-approval authority in either 2024 or 2023.

<div align='center'>TRANSACTIONS WITH MANAGEMENT AND OTHERS</div>

Banking Transactions with Directors, Officers and Others

The Bank has had, and expects to