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FLAGSTAR FINANCIAL, INC. ANNOUNCES PRELIMINARY RESULTS OF 2025 ANNUAL SHAREHOLDERS' MEETING
Flagstar Financial, Inc. (NYSE: FLG) (the "Company") announced today that, based on preliminary voting results from the 2025 Annual Shareholders' Meeting held earlier today, all three proposals passed with a strong majority of votes for each one.
About this update from Flagstar Bank, N.a.
[{"type":"text","content":"HICKSVILLE, N.Y., June 4, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") announced today that, based on preliminary voting results from the 2025 Annual Shareholders' Meeting held earlier today, all three proposals passed with a strong majority of votes for each one.","length":307,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Flagstar Financial, Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Flagstar Financial, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":43,"url":"https://media.zenfs.com/en/prnewswire.com/274ac306d1482d667bb7de3de2f6e768"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/LSmYjLWKjNEWu6Z7G7DmLQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTc2O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/274ac306d1482d667bb7de3de2f6e768","width":400,"height":43}},"href":"https://mma.prnewswire.com/media/2543436/Flagstar_Financial_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Based on these preliminary results, the Company's shareholders ratified and/or approved the following:","length":106,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"The election of the three director nominees to the Board of Directors, each for a three-year term;","length":98,"tagName":"p"}]},{"val":[{"type":"text","content":"The ratification of the appointment of KPMG, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025; and","length":165,"tagName":"p"}]},{"val":[{"type":"text","content":"By a non-binding advisory vote, approval of the compensation of the Company's Named Executive Officers.","length":107,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":370,"olType":false},{"type":"text","content":"Commenting on today's results, Chairman, President, and Chief Executive Officer, Joseph M. Otting stated, "I am very pleased with the preliminary results from today's annual shareholder meeting. Preliminary voting results indicate that each of the three proposals were approved by shareholders with a strong majority of votes. In addition to the strong majority approval, we also had a significant amount of shareholder participation, with over 87% of total shares outstanding voting this year. I believe preliminar...