Synovus Financial Corp. (NYSE:SNV) 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

On November 29, 2018, Synovus Financial Corp. (the “Company”) held a special meeting of its shareholders (the “Meeting”) in Columbus, Georgia. Of the 116,388,487 shares of the Company’s common stock issued and outstanding at the close of business as of October 24, 2018, the record date for the Meeting, shareholders representing a majority of the votes entitled to be cast were present or represented by proxy at the Meeting, constituting a quorum for all matters to be presented at the Meeting.

Following is an overview of the proposals that were submitted to the shareholders for approval (each of which proposals is described in greater detail in the definitive joint proxy statement/prospectus filed by the Company with the Securities Exchange Commission on October 29, 2018) and a tabulation of the votes with respect to each proposal.

Proposal 1

The proposal was to approve the issuance of shares of common stock, par value $1.00 per share, of the Company, in connection with the transactions contemplated by the Agreement and Plan of Merger, dated as of July 23, 2018, as it may be amended from time to time, by and among the Company, Azalea Merger Sub Corp., a wholly-owned subsidiary of the Company, and FCB Financial Holdings, Inc. (which we refer to as the “Synovus share issuance proposal”):

Proposal 2

In connection with the Meeting, the Company also solicited proxies with respect to a proposal to adjourn the Meeting, if necessary or appropriate, in the event there were not sufficient votes in favor of the Synovus share issuance proposal at the time of the Meeting. The adjournment proposal was not submitted to the shareholders of the Company for approval at the Meeting because Company shareholders approved the Synovus share issuance proposal, as noted above.

About Synovus Financial Corp. (NYSE:SNV)

Synovus Financial Corp. is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through over 30 locally branded banking divisions of its subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus Bank offers commercial banking services and retail banking services. Its commercial banking services include cash management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans. Its retail banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services.