Solera National Bancorp Announces 2016 Annual Meeting Results
LAKEWOOD, Colo., June 23, 2016 (GLOBE NEWSWIRE) -- At the Solera National Bancorp, Inc. (OTC:SLRK) annual shareholder meeting held on June 22, 2016, the shareholders elected the six directors standing for election, ratified the selection of Eide Bailly, as Solera National Bancorp, Inc.’s independent registered public accounting firm for the 2016 fiscal year, and approved, on a non-binding advisory basis, executive compensation. At the meeting, holders of 1,489,217 shares of common stock of the Company were present, in person or by proxy, accounting for 54.2% of the 2,748,063 shares entitled to vote.
The following is a summary of the voting results for each matter presented to our shareholders:
1. The election of six directors to the Board of Directors of Solera National Bancorp, Inc. for terms expiring at the 2017 annual meeting of shareholders and/or until their successors are duly elected and qualified. The shares were voted for each as follows:
| FOR | WITHHELD | BROKER NON-VOTES |
TOTAL | |
| Robert J. Fenton | 1,462,017 | 27,200 | — | 1,489,217 |
| Eric B. Liebman | 1,466,217 | 23,000 | — | 1,489,217 |
| Marty P. May | 1,439,477 | 49,740 | — | 1,489,217 |
| Rene Morin | 1,449,017 | 40,200 | — | 1,489,217 |
| Michael D. Quagliano | 1,444,217 | 45,000 | — | 1,489,217 |
| Alan D. Weel | 1,449,967 | 39,250 | — | 1,489,217 |
2. The ratification of Eide Bailly as the independent registered public accounting firm for Solera National Bancorp, Inc. for the fiscal year ending December 31, 2016. The vote with respect to this proposal was:
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTES |
TOTAL |
| 1,470,967 | 18,000 | 250 | — | 1,489,217 |
3. To approve, on a non-binding advisory basis, executive compensation:
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTES |
TOTAL |
| 1,396,267 | 45,200 | 47,750 | — | 1,489,217 |
Contact: Martin P. May, President & CEO (303) 937-6422 -or- Melissa K. Larkin, EVP & CFO (303) 937-6423
