Riverview Bancorp Inc AGM 2026

Good morning and welcome to the 29th Annual Meeting of Shareholders of Riverview Bancorp. I'm Jerry Nease, chair of Riverview Bank and Bancorp, and I'll serve as chair of today's meeting. I appreciate you joining us virtually this morning. With that, I'll now call the meeting to order. Shareholders may submit questions at any time during today's meeting through the Ask a Question section of the online platform. We'll review the questions submitted and address them at the end of the meeting. I'd like to begin by introducing Angela McLeod-Wysaske, vice president, Corporate Secretary, who will serve as secretary of this meeting. Our board of directors and executive officers are also joining us virtually today, and our directors are Bess Wills, vice president, General Manager, and co-owner of Gresham Ford. Brad Carlson, CEO of Evergreen Memorial Gardens.

Patricia Eby, CPA, J.D., and retired president and owner of a public accounting firm. Jon Girod, owner, builder, and developer of Quail Homes. Stacey Graham, retired president of the Humane Society for Southwest Washington and former banking executive. Larry Hoff, retired state legislator and former financial institution CEO. Val Moreno, Chief Information Officer and Chief Information Security Officer at Reed College in Portland, Oregon. Kourosh Zamani, co-founder of Laurel, a venture-backed technology company. Nicole Sherman, CEO and president and director of Riverview Bancorp and Bank. We are also pleased to have the following representatives joining us virtually today. Our independent audit firm, Aprio, LLP. Riverview's investor relations firm, The IR Group, and our legal counsel, Ballard Spahr. The secretary has received a list of shareholders entitled to vote at today's meeting.

The list reflects holders of the company's common stock as of the close of business day on July 1, 2026, the record date for voting and has been provided to the inspectors of election along with the proxies received. The secretary has informed me that the company's records show 20,160,613 shares of common stock were outstanding on the record date and entitled to notice thereof and to vote at this meeting. We also have received an affidavit confirming that the notice of meeting and proxy materials for the annual meeting were mailed on or about July 17, 2026, to each shareholder of record as of the close of business day on July 1, 2026. A copy of the affidavit, notice, and form of proxy will be attached to the minutes of this meeting.

The board of directors appointed Ben Lee, Senior Vice President and Controller, Crystal Burlingham, Senior Vice President and Director of Risk Management, to serve as inspectors of election for this meeting and any adjournment. The inspectors will count and examine the votes and their certificate and report will be attached to the minutes of this meeting. The secretary has informed me that substantially more than the majority of the 20,160,613 shares of the common stock entitled to vote are present in person or by proxy. The inspectors are completing the exact count and will provide their formal report during the meeting. Based on that information, I declare that a quorum is present, subject to confirmation by the inspectors in their report. We will waive the reading of the minutes from last year's annual meeting.

A copy of those minutes is available if any shareholder would like to review them. There are three items of business before shareholders today as described in the notice of meeting. The first is the election of directors. Four individuals have been nominated. Bess Wills, Larry Hoff, each for a three-year term. Jon Girod, Kourosh Zamani, each for a one-year term. Because nominations may not be made at the meeting, I now declare nominations closed. The second item is an advisory non-binding vote to approve compensation paid to our named executive officers as disclosed in the proxy statement. The third is approval of the adoption of Riverview Bancorp's 2026 Stock Purchase Plan. If you were a shareholder of record on July 1, 2026, you may vote through the online platform. If you have already voted, you do not need to vote again today.

Please note that any vote submitted through the online platform will replace your vote. We will proceed with the vote on the election of directors. If you would like to use the online platform, please do so now. We will pause briefly to allow time for you to vote. Okay. The second item of business is the advisory non-binding vote to approve compensation paid to the company's named executive officers as disclosed in the proxy statement. I will now entertain a motion to submit this proposal to a vote. A motion has been made by Larry Hoff, seconded by Patricia Eby. Thank you very much. We will now proceed to vote on this proposal. Again, we will pause to ensure everyone has an opportunity to vote. The third item of business is the approval of the adoption of Riverview Bancorp's 2026 Stock Purchase Plan as disclosed in the proxy statement.

I will now entertain a motion to submit this proposal for a vote. A motion has been received from Bess Wills, and seconded by Val Moreno. We will now proceed with a vote on this proposal. If you would like to vote using the online platform, please do so now, and we will pause briefly to allow time for that. Okay. Thank you to everyone who has voted. I now declare the polls closed on all proposals. While the inspectors complete the vote count, I would like to introduce Nicole Sherman, our CEO and President and Director of Riverview Bank. I would like to add that two years ago, we were extremely fortunate that Nicole accepted our CEO position. It is because of her amazing and constant leadership that Riverview Bank is back on course.