Item 5.07
Submission of Matters to a Vote of Security Holders
The Annual Meeting of Stockholders of Broadway Financial Corporation (the Company) was held on June 26, 2019. Only stockholders of record as of the close of business on May 3, 2019, the record date for the Annual Meeting, were entitled to vote at the Annual Meeting. As of the record date, 19,123,455 shares of the Companys voting stock were outstanding, and 18,694,659 shares were entitled to vote at the Annual Meeting. The tabulation of the stockholder votes on each proposal brought before the Annual Meeting is as follows:
(1) To elect three directors to serve until the Annual Meeting to be held in the year 2022 or until their successors are elected and have been qualified.
The stockholders elected Robert C. Davidson, Jr., Dutch C. Ross and Jack T. Thompson to serve as directors for three-year terms. The number of votes cast with respect to each of these persons was as follows:
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For
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Withheld
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Robert C. Davidson, Jr.
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9,848,048
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134,914
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Dutch C. Ross III
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9,855,547
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127,415
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Jack T. Thompson
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9,976,756
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6,206
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Broker non-votes with respect to this proposal were 4,327,864.
(2) To ratify the appointment of Moss Adams LLP as the Companys independent registered public accounting firm for the year ending December 31, 2019.
The stockholders ratified the appointment of Moss Adams LLP as the Companys independent registered public accounting firm for 2019, with 14,005,586 shares voting for, 43,468 shares voting against and 261,972 shares abstaining.
No broker non-votes were received with respect to this proposal.
(3) To cast an advisory (non-binding) vote on the Companys executive compensation.
The stockholders approved the Companys executive compensation, with 9,790,811 shares voting for, 167,809 shares voting against and 24,542 shares abstaining.
Broker non-votes with respect to this proposal were 4,327,864.
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