05/21/2026 | Press release | Distributed by Public on 05/21/2026 12:09
Item 5.07 Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders (the "Annual Meeting") of First Community Corporation (the "Corporation") was held on May 20, 2026 at 11:00 a.m. at the Corporation's principal executive office located at 5455 Sunset Blvd., Lexington, South Carolina 29072. Of the 9,366,626 shares of the Corporation's common stock outstanding as of the record date of the Annual Meeting, there were present in person or by proxy 6,262,567 shares, representing approximately 66.86% of the total outstanding eligible votes. At the Annual Meeting, the shareholders of the Corporation: (1) elected two Class I members to the Corporation's Board of Directors to serve a term expiring in 2028, five Class II members to the Corporation's Board of Directors to serve a term expiring in 2029, and two Class III members to the Corporation's Board of Directors to serve a term expiring in 2027; (2) approved an advisory resolution regarding the compensation of the Corporation's named executive officers; and (3) ratified the appointment of Elliott Davis, LLC as the Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2026.
The final results of voting on each of the matters submitted to a vote of shareholders during the Annual Meeting are as follows:
1. To elect two Class I members of the Board of Directors to serve a two-year term expiring at the 2028 annual meeting of shareholders or until their respective successors are duly elected and qualified:
| Class I: | For | Withheld | Broker Non-Vote |
| Thomas C. Brown | 4,838,274 | 80,220 | 1,344,073 |
| Roderick M. Todd, Jr. | 4,605,324 | 313,170 | 1,344,073 |
To elect five Class II members of the Board of Directors to serve a three-year term expiring at the 2029 annual meeting of shareholders or until their respective successors are duly elected and qualified:
| Class II: | For | Withheld | Broker Non-Vote |
| C. Jimmy Chao | 4,802,479 | 116,015 | 1,344,073 |
| Michael C. Crapps | 4,883,793 | 34,701 | 1,344,073 |
| Fred J. Deutsch | 4,877,437 | 41,057 | 1,344,073 |
| Jan H. Hollar | 4,898,334 | 20,160 | 1,344,073 |
| W. James Kitchens, Jr. | 4,843,609 | 74,885 | 1,344,073 |
To elect two Class III members of the Board of Directors to serve a one-year term expiring at the 2027 annual meeting of shareholders or until their respective successors are duly elected and qualified:
| Class III: | For | Withheld | Broker Non-Vote |
| Jonathan W. Been | 4,903,842 | 14,652 | 1,344,073 |
| J. Ted Nissen | 4,869,941 | 48,553 | 1,344,073 |
The other directors that continued in office after the Annual Meeting are as follows:
| Class I: | Class III: |
| Mickey E. Layden | Ray E. Jones |
| E. Leland Reynolds | Jane S. Sosebee |
| Alexander Snipe, Jr. |
2. A non-binding, advisory vote, to approve the compensation of the Corporation's named executive officers (the "say-on-pay" vote):
| For | Against | Abstain | Broker Non-Vote |
| 4,834,058 | 71,049 | 13,387 | 1,344,073 |
3. To ratify the appointment of Elliott Davis, LLC as the Corporation's independent registered public accounting firm for the fiscal year ending December 31, 2026:
| For | Against | Abstain | Broker Non-Vote |
| 6,161,156 | 100,212 | 1,199 | 0 |