On June 14, 2024, Medallion Financial Corp announced the results of its annual general meeting held on June 11, 2024. The shareholders elected the Company?s nominees, Robert M. Meyer and David L. Rudnick, as Class I Directors for terms expiring at the 2027 Annual Meeting of Shareholders. However, nominees Judd Deppisch and Stephen Hodges of ZimCal Asset Management, LLC, were not elected.

Additionally, shareholders approved a non-binding advisory resolution regarding the 2023 compensation of the Company?s named executive officers, as outlined in the proxy statement.