HOMETRUST BANCSHARES, INC. (NASDAQ:HTBI) Files An 8-K Submission of Matters to a Vote of Security Holders

HOMETRUST BANCSHARES, INC. (NASDAQ:HTBI) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders

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On November 26, 2018, HomeTrust Bancshares, Inc. (the "Company") held its Annual Meeting of Stockholders (the "Annual Meeting"). The voting results of the Annual Meeting are as follows:

Proposal 1:Election of three directors, each for a three-year term:

Nominee

Votes For

Votes Withheld

Broker Non-Votes

Sidney A. Biesecker

6,959,636

6,979,241

3,026,458

Robert G. Dinsmore, Jr.

12,522,849

1,416,028

3,026,458

Richard T. Williams

12,619,822

1,319,055

3,026,458

The Company’s directors are elected by a plurality of the votes cast. Accordingly, each of the nominees named above was elected.

Proposal 2:

Advisory (non-binding) vote on executive compensation:

Votes For

Votes Against

Abstentions

Broker Non-Votes

7,638,990

6,176,504

123,383

3,026,458

The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.

Proposal 3:

Advisory (non-binding) vote on the frequency of future advisory votes on executive compensation:

1 Year

2 Years

3 Years

Abstentions

Broker Non-Votes

12,968,871

49,513

892,669

27,824

3,026,458

In light of the results of the vote on this item, the Company has determined that it will hold an advisory vote on executive compensation every year until the next required vote on the frequency of advisory votes on executive compensation.

Proposal 4:

Approval of an amendment to the HomeTrust Bancshares, Inc. Tax Benefits Preservation Plan in order to extend the plan's final expiration date to August 21, 2021:

Votes For

Votes Against

Abstentions

Broker Non-Votes

12,500,762

1,172,121

265,994

3,026,458

The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.

Proposal 5:

Ratification of the Appointment of Dixon Hughes Goodman LLP as the Company’s Independent Auditors for the Fiscal Year Ending June 30, 2019:

Votes For

Votes Against

Abstentions

Broker Non-Votes

15,041,848

1,678,984

244,503

The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved.


About HOMETRUST BANCSHARES, INC. (NASDAQ:HTBI)

HomeTrust Bancshares, Inc. is a bank holding company of HomeTrust Bank (the Bank). The Bank’s principal business consists of attracting deposits from the public and investing those funds, along with borrowed funds, in loans secured primarily by first and second mortgages on one- to four-family residences, including home equity loans, construction and land/lot loans, commercial real estate loans, construction and development loans, commercial and industrial loans, indirect automobile, and municipal leases. Municipal leases are secured primarily by a ground lease for a firehouse or an equipment lease for fire trucks and firefighting equipment to fire departments located throughout North and South Carolina. The Company purchases investment securities consisting primarily of securities issued by the United States Government agencies and government-sponsored enterprises, as well as certificates of deposit insured by the Federal Deposit Insurance Corporation (FDIC).

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