Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On April 20, 2023, the shareholders of Eagle Bancorp Montana, Inc. (the "Company") approved an amendment to the Eagle Bancorp Montana, Inc. 2020 Non-Employee Director Award Plan (the "Plan") at the Company's annual meeting of shareholders. The Company's shareholders approved the amendment to the Plan in accordance with the voting results set forth below under Item 5.07. The amendment to the Plan was previously adopted by the Company's Board of Directors on December 15, 2022, subject to shareholder approval.

The amendment to the Plan provides for an increase in the annual grant of restricted stock to non-employee directors and increases the number of shares of restricted stock for issuance under the Plan from 13,000 to 88,000 shares. The material terms of the Plan were described in the Company's definitive Proxy Statement (the "Proxy Statement") filed with the Securities and Exchange Commission on March 8, 2023, under the caption "Proposal 4 - Approval of Amendment No. 1 to the 2020 Non-Employee Director Award Plan."

The above description of the amendment to the Plan does not purport to be complete and is qualified in its entirety by the full text of Amendment No. 1 to the Plan, set forth in Exhibit 10.1, and incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders

At the 2023 Annual Meeting of Shareholders of Eagle Bancorp Montana, Inc. held on April 20, 2023, four proposals were submitted to the shareholders. Of 8,006,033 shares outstanding and entitled to vote at our Annual Meeting, 5,772,398 were present in person or by proxy. The proposals are described in detail in the Company's Proxy Statement. The following is a summary of the voting results for each matter presented to the shareholders.

Proposal 1 Election of four directors, each to serve for a three-year term until the 2026 Annual Meeting: Samuel D. Waters, Cynthia A. Utterback, Corey Jensen and Tanya J. Chemodurow. Each nominee for director was elected by a vote of the shareholders as follows:



                     Votes For Votes Withheld Broker Non-vote

Samuel D. Waters 4,050,109 809,120 913,137 Cynthia A. Utterback 4,234,429 624,800 913,137 Corey Jensen 4,179,243 679,986 913,137 Tanya J. Chemodurow 4,176,032 683,198 913,137

Proposal 2 Ratification of the appointment of Moss Adams LLP as independent registered public accounting firm for fiscal year 2023. The proposal was approved by a vote of shareholders as follows:



                                                    Votes For Votes Against Abstentions

Ratification of Moss Adams LLP as independent 5,644,451 20,076 107,871 registered public accountants

Proposal 3 The advisory vote on named executive officer compensation, as disclosed in our Proxy Statement, was approved by the following vote:



                                          Votes For Votes Against Abstentions Broker
                                                                              Non-vote

Advisory vote on named executive officer compensation as disclosed in the Proxy 4,315,621 225,765 317,875 913,137 Statement

Proposal 4 Amendment No. 1 to the 2020 Non-Employee Director Award Plan (see Exhibit 10.1). The proposal was approved by a vote of shareholders as follows:



                                          Votes For Votes Against Abstentions Broker
                                                                              Non-vote

Amendment No. 1 to the 2020 Non-Employee 4,452,598 266,882 139,781 913,137 Director Award Plan





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Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following exhibit is filed as part of this Form 8-K:



Exhibit No.  Description
10.1           Amendment No. 1 to the 2020 Non-Employee Director Award Plan
104          Cover Page Interactive Data File (embedded within the Inline XBRL
             document)



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