Item 5.07. Submission of Matters to a Vote of Security Holders.

At the 2020 Annual Meeting of Shareholders of Marlin Business Services Corp. (the "Company") held on Wednesday, June 10, 2020, at 9:00 a.m., local time (the "2020 Annual Meeting"), shareholders holding 11,308,408 shares of the Company's common stock, par value $0.01 per share, were present, individually or by proxy, representing approximately 95.1% of the 11,887,531 shares of the Company's common stock that were issued and outstanding as of April 24, 2020, the record date for the 2020 Annual Meeting.

At the 2020 Annual Meeting, the Company's shareholders (i) elected Messrs. John J. Calamari, Lawrence J. DeAngelo, Scott A. Heimes, Jeffrey A. Hilzinger, Matthew J. Sullivan, J. Christopher Teets and James W. Wert, as directors, each to serve until the Company's 2021 Annual Meeting of Shareholders and until their respective successors are duly elected and qualified, or until their earlier death, retirement or resignation (the "Director Election Proposal"), (ii) approved, on an advisory basis, the compensation paid to the Company's named executive officers as disclosed pursuant to Item 402 of Regulation S-K (the "Say on Pay Proposal") and (iii) ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2020 (the "Ratification of Auditors Proposal").

Votes cast at the 2020 Annual Meeting were as follows:

PROPOSAL #1: DIRECTOR ELECTION PROPOSAL





                          For       Withheld
John J. Calamari        9,155,722   1,256,918
Lawrence J. DeAngelo    7,753,939   2,658,701
Scott A. Heimes        10,114,209     298,431
Jeffrey A. Hilzinger   10,106,770     305,870
Matthew J. Sullivan     9,162,327   1,250,313
J. Christopher Teets    9,879,216     533,424
James W. Wert           9,155,963   1,256,677

There were 895,768 broker non-votes with respect to Proposal #1.

PROPOSAL #2: SAY ON PAY PROPOSAL





                      For      Against   Abstain   Broker Non-Votes
                   9,407,488   996,349    8,803        895,768

PROPOSAL #3: RATIFICATION OFAUDITORS PROPOSAL





                             For       Against   Abstain
                          11,287,384   18,014     3,010

There were no broker non-votes with respect to Proposal #3.

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