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

SMARTFINANCIAL, INC. (NASDAQ:SMBK) 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.

The 2019 annual meeting of shareholders (the “Annual Meeting”) of SmartFinancial, Inc. (the “Company”) was held on May 2, 2019. At the Annual Meeting, Victor L. Barrett, Monique P. Berke, William (“Billy”) Y. Carroll, Jr., William (“Bill”) Y. Carroll, Sr., Clifton N. Miller, Ted C. Miller, David A. Ogle, Steven B. Tucker, Wesley M. (“Miller”) Welborn, Keith E. Whaley, O.D., J. Beau Wicks, and Geoffrey A. Wolpert were elected as directors of the Company, to serve in such capacity until the 2020 annual meeting of Company shareholders. Additionally, at the Annual Meeting, the Company’s shareholders (i) ratified the appointment of Dixon Hughes Goodman LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2019, (ii) approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Definitive Proxy Statement for the Annual Meeting on Schedule 14A, filed by the Company with the Securities and Exchange Commission on March 19, 2019 (the “Proxy Statement”), and (iii) voted, on a non-binding, advisory basis, on the frequency with which Company shareholders should have future>non-binding, advisory votes on the compensation of the Company’s named executive officers, with a majority of the shares voted voting in favor of once every three years.
The final voting results for each proposal put to a vote at the Annual Meeting, all of which proposals were described in the Proxy Statement, are set forth below.

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SmartFinancial, Inc., formerly Cornerstone Bancshares, Inc., is a bank holding company. The Company operates through its SmartBank subsidiary (The Bank). The principal business of the Bank consists of attracting deposits from the public and investing those funds, together with funds generated from operations and from principal and interest payments on loans. It offers commercial real estate-mortgage, consumer real estate-mortgage, construction and land development, commercial and industrial, and consumer and other loans. The Bank’s investment portfolio consists of Federal agency bonds, mortgage-backed securities, and state and municipal securities. The Bank provides a range of deposit services to businesses and individuals, including non-interest bearing checking accounts, interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts (IRAs) and certificates of deposit (CDs). SmartBank operates in approximately seven banking offices.

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