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This proxy statement provides detailed information regarding the upcoming annual meeting of shareholders for Southern Missouri Bancorp, Inc., including the proposals to be voted on, such as the election of directors, advisory votes on executive compensation, and the approval of the 2024 Omnibus Incentive Plan. It outlines the voting process, key dates, and executive compensation details, as well as information on shareholder rights and the company\'s commitment to good governance.
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What is schedule 14a proxy statement?
Schedule 14A is a form that public companies must file with the SEC to provide shareholders with information about a company's proposals for issues that will be voted on at the annual or special meetings, including details on executive compensation and board member nominations.
Who is required to file schedule 14a proxy statement?
All public companies that are soliciting shareholder votes on matters such as elections of directors, executive compensation, or shareholder proposals are required to file Schedule 14A with the SEC.
How to fill out schedule 14a proxy statement?
To fill out Schedule 14A, companies must provide detailed information about the items to be voted on, including the background of each proposal, financial and compensation details, and any potential conflicts of interest. The form is usually filled out with the assistance of legal and financial advisors to ensure compliance with SEC regulations.
What is the purpose of schedule 14a proxy statement?
The purpose of Schedule 14A is to ensure that shareholders have enough information to make informed decisions when voting on important company matters, thus promoting transparency and accountability in corporate governance.
What information must be reported on schedule 14a proxy statement?
The Schedule 14A must include information on executive compensation, terms of proposed director elections, any shareholder proposals, and additional disclosures regarding the company's governance practices.
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