On June 11, 2024, Medallion Financial Corp. announced the preliminary results of its 2024 Annual Meeting of Shareholders which is based on a preliminary vote count provided by the company's proxy solicitor, the shareholders elected the director nominees, Robert M. Meyer and David L. Rudnick, to the Board of Directors by an extensive margin and over 80% of votes were cast in support of these director nominees. The Company added that the shareholders also voted decisively in favor of the 2023 executive compensation plan and the every-year say-on-frequency vote.

The results announced are subject to certification by the independent inspector of elections for the Annual Meeting and final voting results will be reported on a Form 8-K, which will be filed with the Securities and Exchange Commission in the coming days.