UNITED STATES
_________________
SCHEDULE 14A
_________________
PROXY STATEMENT PURSUANT TO SECTION 14(A)
Filed by Registrant
☒
Filed by Party other than the Registrant
☐
Check the appropriate box:
☐
Preliminary Proxy Statement
☐
Confidential for Use of the Commission Only as permitted by Rule 14a
-6
(e)(2)
☒
Definitive Proxy Statement
☐
Definitive Additional Materials
☐
Soliciting Material Pursuant to Rule 14a
-11c
or Rule 14a
-12
ArrowMark Financial Corp.
_______________________________________________________________
Payment of Filing Fee (Check the appropriate box):
☒
No fee required.
☐
Fee paid previously with preliminary materials.
☐
Fee computed on table below per Exchange Act Rules 14a
-6
(i)(1) and 0
-11
.
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
OF THE SECURITIES EXCHANGE ACT OF 1934
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement)
ARROWMARK FINANCIAL CORP.
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
To
the Stockholders of ArrowMark Financial Corp. (the “Company”):
Notice is hereby given that the 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) of the Company, a Delaware corporation, will be held on Wednesday, June 11, 2025, at 2:00 p.m. E.T. for the following purposes, each of which is more fully described in the accompanying Proxy Statement dated May 6, 2025:
1.
To elect two Class III Directors of the Company, to serve for a term ending at
the 2028 Annual Meeting of Stockholders of the Company and when his or her successor is duly elected and qualifies (Proposal
1); and
2.
To transact such other business as may properly come before the Annual Meeting or any adjournments or
postponements thereof.
The 2025 Annual Meeting will be held in a virtual meeting format only, which will be conducted online via a live webcast at
meetnow.global
/MU95LPN
. Stockholders may attend and vote at the virtual meeting by following the instructions included in the accompanying Proxy Statement.
Your vote is important!
The Board of Directors of the Company has fixed the close of business on April 22, 2025 as the record date for the determination of stockholders of the Company entitled to notice of and to vote at the 2025 Annual Meeting and any adjournments or postponements thereof.
All stockholders of record of the Company on the record date are cordially invited to virtually attend the 2025 Annual Meeting. Even if you expect to virtually attend the 2025 Annual Meeting, please complete, date and sign the enclosed proxy card and return it promptly in the envelope provided for this purpose. If you have been provided with the opportunity on your proxy card or voting instruction form to provide voting instructions, and otherwise authorize the persons named as proxy holders in the enclosed proxy to act on your behalf at the 2025 Annual Meeting, via telephone or the Internet, please take advantage of these prompt and efficient voting options.
The enclosed proxy is being solicited on behalf of the Board of Directors of the Company.
By
Order of the Board of Directors,
/
s
/
Blake Rice
BLAKE RICE
Secretary of the Company
May
6, 2025
100 Fillmore Street, Suite 325
Denver, CO 80206
To Be Held on June 11, 2025
INSTRUCTIONS FOR SIGNING PROXY CARD
The following general rules for signing the proxy card may be of assistance to you and may minimize the time and expense to the Company in validating your vote if you fail to sign your proxy card properly.
1. Individual Accounts: Sign your name exactly as it appears in the registration.
2. Joint Accounts: Both owners of a joint account should sign, and the names of the parties signing should conform exactly to the names shown in the registration.
3. All Other Accounts: The capacity of the individual signing the proxy card should be indicated unless it is reflected in the form of registration. For example:
|
Registration |
Valid Signature |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Corporate Accounts |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(1) |
ABC Corp. |
ABC Corp. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(2) |
ABC Corp. |
John Doe, Treasurer |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(3) |
ABC Corp. c/o John Doe, Treasurer |
John Doe |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(4) |
ABC Corp. Profit Sharing Plan |
John Doe, Trustee |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Trust Accounts |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(1) |
ABC Trust |
Jane B. Doe, Trustee |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(2) |
Jane B. Doe, Trustee
|
Jane B. Doe |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Custodian or Estate Accounts |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(1) |
John B. Smith, Cust.,
|
John B. Smith |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
(2) |
John B. Smith, Executor,
|
John B. Smith, Executor |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Important Notice Regarding the Availability of Proxy Materials for the 2025 Annual Meeting to Be Held on June 11, 2025 The Notice of Annual Meeting, Proxy Statement and a proxy card for the Company are available to you at www.proxyvote.com . You are encouraged to review all of the information contained in the proxy materials before voting. A PROXY CARD IS ENCLOSED. EVEN IF YOU EXPECT TO ATTEND THE 2025 ANNUAL MEETING, YOU ARE REQUESTED TO COMPLETE, SIGN AND DATE THE ENCLOSED PROXY CARD AS SOON AS POSSIBLE. Stockholders who wish to attend the 2025 Annual Meeting should pre -register . Please see page 14 for additional information on pre -registration . The proxy card should be returned in the enclosed envelope, which needs no postage if mailed in the continental United States. Instructions for the proper execution of the proxy card are set forth on the inside cover of this Proxy Statement. |
1
If the enclosed proxy card is properly executed and returned in time to be voted at the 2025 Annual Meeting, the shares of Common Stock (as defined below) represented thereby will be voted in accordance with the instructions marked thereon. Unless instructions to the contrary are marked thereon, a properly executed proxy will be voted “FOR” the election of the nominee for Director named in this Proxy Statement . Any stockholder of record who has given a proxy has the right to revoke it at any time prior to its exercise either by virtually attending the 2025 Annual Meeting and voting his or her Shares in person, by submitting a letter of revocation, or by a later -dated proxy delivered to the Secretary of ArrowMark Financial Corp. at 100 Fillmore Street, Suite 325, Denver, CO 80206 before the 2024 Annual Meeting or at the 2025 Annual Meeting. Broker -dealers and other nominees holding Shares of the Company in “street name” for the benefit of their customers and clients will request the instructions of such customers and clients on how to vote their shares of Common Stock on the Proposal before the 2025 Annual Meeting. A signed voting instruction card or other authorization by a beneficial owner of the Company’s Shares that does not specify how the beneficial owner’s shares of Common Stock should be voted will be deemed an instruction to vote such shares of Common Stock “FOR” the election of the nominee for Director named in this Proxy Statement. Beneficial owners should consult their broker or other nominees for instructions as to how to revoke any voting instructions.
Under the By -laws of the Company, the presence in person or by proxy of the holders of a majority of the total outstanding shares of Common Stock of the Company entitled to vote shall be necessary and sufficient to constitute a quorum for the transaction of business (a “Quorum”) at the 2025 Annual Meeting. In the event that a Quorum is not present at the 2025 Annual Meeting, or in the event that a Quorum is present but sufficient votes to approve the proposal is not received, the chairman of the 2025 Annual Meeting may adjourn the 2025 Annual Meeting without notice other than announcement at the 2025 Annual Meeting.
The Company has outstanding one class of capital stock, consisting of common stock, par value $0.001 per share (the “Common Stock”). Pursuant to the Company’s Certificate of Incorporation, the Board is authorized to provide for the issuance from time to time of up to 40,000,000 shares of Common Stock, and 10,000,000 shares of preferred stock, par value $0.001 per share, consisting of one or more series (the “Preferred Stock”). The Company currently has no shares of Preferred Stock outstanding. Each share of Common Stock is entitled to one vote at the 2025 Annual Meeting with respect to each matter to be voted on, with pro rata voting rights for any fractional shares. Each share of Common stock entitles the holder to cast one vote for as many individuals as there are Directors to be elected and for whose election the shares of Common Stock is entitled to be voted. No shares of Common Stock have cumulative voting rights. Directors are elected by the affirmative vote of a plurality of the votes cast by all shares of Common Stock present in person or represented by proxy. A “plurality” means that nominees who receive the largest number of votes cast (even if they receive less than a majority) will be elected as directors. Since the nominees are running unopposed, the nominees only need one vote to be elected if there is a Quorum present at the 2025 Annual Meeting. On the record date, April 22, 2025 (the “Record Date”), 7,126,812 shares of Common Stock were issued and outstanding.
Security Ownership of Certain Beneficial Owners
Based upon the Company’s review of filings made pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “1934 Act”), as of the Record Date, to the Company’s knowledge no stockholder(s) beneficially owned over 5% of the Company’s shares of Common Stock:
|
Name and Address of
|
Amount and Nature of
|
Percent of Class |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
None |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name of Directors and Executive Officers |
Dollar Range of
|
Aggregate Dollar Range of
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Independent Directors |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
John Scott Emrich |
$50,001 – $100,000 |
$50,001 – $100,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Emil W. Henry, Jr. |
Over $100,000 |
Over $100,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Interested Directors |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Sanjai S. Bhonsle |
Over $100,000 |
Over $100,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Karen L. Reidy |
Over $100,000 |
Over $100,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Executive Officers |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Patrick J. Farrell |
Over $100,000 |
Over $100,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Richard A. Grove |
$10,001 – $50,000 |
$10,001 – $50,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Katie Jones |
None |
None |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Blake Rice |
None |
None |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Dana Staggs |
Over $100,000 |
Over $100,000 |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name, Address (1) and Age |
Current
|
Length of
Time
|
Principal
|
Number of
|
Other
Independent Directors:
(3)
John Scott Emrich, CFA
(4)
Director; Chair of Audit Committee and Member of Nominating Committee
Since 2
/
2020; Class III Director, current
term ends at the 2025 annual meeting
Director of Meridian Funds from 2010 – Present; Director of Destra Funds from 2015 – Present
1
Director of Meridian Funds from 2010 – Present; Director of Destra Funds from 2015 – Present
Emil W. Henry, Jr.
64
Director; Member of Nominating and Audit Committees; and Lead Independent Director
Since 2
/
2013; Class
I Director, current term ends at the 2026 annual meeting
CEO and Founder of Tiger Infrastructure Partners
1
Director of Easterly Government Properties, Director of numerous private companies that are Tiger Infrastructure portfolio companies
Interested Directors:
(5)
Sanjai S. Bhonsle
(4)
54
Director; Chairman of the Board and
Chief Executive Officer
Since 2
/
2020; Class III Director, current term ends at the 2025 annual meeting
Partner and Portfolio Manager at ArrowMark Partners from 2012 – Present
1
Brown (RI) Management, LLC and Affiliates from 2018 – Present
Karen L. Reidy, CFA
57
Director
Since 2
/
2020; Class I Director, current term ends at the 2026 annual meeting
Partner and Portfolio Manager at ArrowMark Partners from 2008 – Present
1
Brown (RI) Management, LLC and Affiliates from 2018 – Present
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name and Position with the Company |
Aggregate
|
Pension or
|
Estimated
|
Total
Independent Directors
John Scott Emrich
$
71,000
None
None
$
71,000
Emil W. Henry, Jr.
$
71,000
None
None
$
71,000
Michael Stolper
(1)
$
71,000
None
None
$
71,000
Interested Directors
(2)
Sanjai S. Bhonsle
None
None
None
None
Karen L. Reidy
None
None
None
None
____________ (1) Former Class II director. Mr. Stolper passed away in March 2025. The directorship formerly held by him is currently vacant. (2) Interested directors are not compensated by us for their service as directors. 9 Executive Officers of the Company The following table provides information concerning each of the executive officers of the Company, including their ages, positions with the Company and principal occupations for the past five years.
16
Appendix A
Nominating and Governance Committee Charter ORGANIZATION AND GOVERNANCE The Nominating and Governance Committee (the “Committee”) of ArrowMark Financial Corp. (the “Company”) shall be comprised solely of Directors who are not “interested persons” of the Company as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended (the “1940 Act”) (the “Independent Directors”). Each member must also meet the independence and experience requirements of the NASDAQ Global Market, and Section 10A of the Securities Exchange Act of 1934, as amended (the “Exchange Act’), and Rule 10A -3 thereunder, and other applicable rules and regulations of the Securities and Exchange Commission (“SEC”). The Committee shall be comprised of as many Independent Directors as the Board of Directors of the Company (the “Board”) shall determine, but in any event not fewer than three (3) members, each of whom shall serve at the pleasure of the Board. The Board may remove or replace any member of the Committee at any time in its sole discretion. The Board shall nominate the members of the Committee and shall designate the chairman and co -chairman of the Committee. The chairman or, in her absence, another member of the Committee, shall preside at each meeting of the Committee. STATEMENT OF PURPOSES AND RESPONSIBILITIES The Committee shall select and nominate persons for election as Directors of the Company as well as oversee the Company’s governance. The primary purposes and responsibilities of the Committee are (i) to identify individuals qualified to become Directors of the Company in the event that a position is vacated or created; (ii) to select, or to recommend that the Board select, the Director nominees for each annual meeting of the stockholders; (iii) to set any necessary standards or qualifications for service as a Director of the Company; (iv) to make recommendations concerning the continuing education of the Directors on matters relating to their activities as Directors; (v) to oversee the periodic Director self -assessment ; (vi) to periodically review and make recommendations regarding Independent Director compensation; (vii) to undertake such matters from time to time relating to Board nominations or governance of the Company as the Committee shall deem appropriate; (viii) to periodically liaise with the Company’s Chief Compliance Officer and (ix) to oversee the contract review process, including the review of the Company’s investment advisory agreement and contracts with any affiliated service providers. IDENTIFICATION AND EVALUATION OF POTENTIAL NOMINEES The Committee may take into account a wide variety of factors in considering Director nominees. In identifying and evaluating an individual as a potential nominee to serve as a Director, or in evaluating whether to remove an incumbent Director, the Committee shall consider among other factors it may deem relevant: • whether or not the individual is an “interested person” as defined in the 1940 Act and whether the person is otherwise qualified under applicable laws and regulations to serve as a Director or Independent Director of the Company; • whether or not the individual has any relationships that might impair his or her independence, such as any business, financial or family relationships with Company management, the investment manager of the Company, Company service providers or their affiliates; • whether or not the individual serves on boards of, or is otherwise affiliated with, competing financial service organizations or their related mutual fund complexes; • whether or not the individual is willing to serve, and willing and able to commit the time necessary for the performance of the duties of a Director of the Company; • the contribution the individual can make to the Board and the Company, with consideration being given to the individual’s educational background and business and professional experience; • the character and integrity of the individual; A-1 • the overall diversity of the Board’s composition; and • the Committee may, but is not required to, retain a third -party search firm at the Company’s expense to assist in the identification of Independent Director nominees. Following an initial evaluation by the Committee, a nominee must: • be prepared to submit written answers to a questionnaire seeking professional and personal information that will assist the Committee to evaluate the candidate and to determine, among other matters, whether the candidate would be an Independent Director under the 1940 Act or otherwise have material relationships with key service providers to the Company; • be prepared to submit character references and agree to appropriate background checks; and • be prepared to meet with one or more members of the Committee at a time and location convenient to those Committee members in order to discuss the nominee’s qualifications. CONSIDERATION OF NOMINEES RECOMMENDED BY STOCKHOLDERS The Committee may accept nominations for the office of Director made by Company stockholders on the same basis as it considers and evaluates nominees recommended by other sources. Stockholders who wish to recommend a nominee to the Committee should send nominations to the Secretary of the Company which include biographical information and set forth the qualifications of the proposed nominee. NOMINATION OF DIRECTORS After a determination by the Committee that an individual should be selected and nominated as a Director of the Company, the Committee shall present its recommendation to the full Board for its consideration. GOVERNANCE MATTERS Committee shall consider any corporate governance issues that arise from time to time, and develop appropriate recommendations for the Board, giving appropriate weight to relevant factors including “industry leading practices.” The Committee shall review and report to the Board regarding any actual or potential conflicts of interest involving any Director and shall determine whether such Director may vote on any issue as to which there may be a conflict. In addition, the Committee shall review all related -party transactions and determine whether such transactions are appropriate for the Company to undertake. QUORUM A majority of the members of the Committee shall constitute a quorum, and the act of a majority of the members of the Committee present at any meeting at which there is quorum present shall be the act of the Committee. MEETINGS The Committee may meet either on its own or in conjunction with meetings of the Board. Meetings of the Committee may be held in person, video conference or by conference telephone. The Committee may take action by unanimous written consent in lieu of meeting. The Committee will not have regularly scheduled meetings. Committee meetings shall be held as and when the Committee or the Board determines necessary or appropriate in accordance with the Company’s bylaws. Members of the Committee shall receive at least three (3) days’ prior written notice of any meeting of the Committee. FUNDING The Committee shall receive appropriate funding as determined by the Committee to carry out its responsibilities and shall have the authority to retain experts, consultants, or legal counsel as the Committee deems appropriate. Adopted: December 6, 2018, amended March 2, 2021 A-2
ARROWMARK FINANCIAL CORP. PO Box 43131 Providence, RI 02940-3131 EVERY VOTE IS IMPORTANT EASY VOTING OPTIONS: VOTE BY MAIL Vote, sign and date this Proxy Card and return in the postage-paid envelope VOTE ON THE INTERNET Log on to: www.proxy-direct.com or scan the QR code Follow the on-screen instructions available 24 hours VOTE BY PHONE Call 1-800-337-3503 Follow the recorded instructions available 24 hours VIRTUAL MEETING at the following Website: meetnow.global/MU95LPN on June 11, 2025 at 2:00 p.m. Eastern Time. To participate in the Virtual Meeting, enter the 14-digit control number from the shaded box on this card. Please detach at perforation before mailing. PROXY ARROWMARK FINANCIAL CORP. ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 11, 2025 This proxy is solicited by the Board of Directors of ArrowMark Financial Corp. The undersigned holder of shares of common stock of ArrowMark Financial Corp., a Delaware corporation (the “Company”), hereby appoints Katie Jones, Sanjai Bhonsle, Rick Grove, Dana Staggs, Blake Rice and Patrick Farrell proxies for the undersigned, each with full power of substitution and revocation, to represent the undersigned and to vote on behalf of the undersigned all shares of Common Stock which the undersigned is entitled to vote at the Annual Meeting to be held virtually at 2:00 p.m. ET, on Wednesday, June 11, 2025, at the following Website: meetnow.global/MU95LPN, and at any adjournments or postponements thereof. To participate in the Virtual Meeting enter the 14-digit control number from the shaded box on this card. The undersigned hereby acknowledges receipt of the Notice of Annual Meeting and Proxy Statement and hereby instructs said proxies to vote said shares of common stock as indicated hereon. The validity of this proxy is governed by Delaware law. A majority of the proxies present and acting at the Annual Meeting in person or by substitute (or, if only one shall be so present, then that one) shall have and may exercise all of the power and authority of said proxies hereunder. The undersigned hereby revokes any proxy previously given. THIS PROXY, IF PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED HEREIN BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE ELECTION OF THE BOARD NOMINEES IN PROPOSAL 1. IN THEIR DISCRETION, THE PROXIES ARE AUTHORIZED TO VOTE UPON SUCH OTHER BUSINESS AS MAY PROPERLY BE PRESENTED AT THE ANNUAL MEETING OR ANY ADJOURNMENTS, POSTPONEMENTS OR DELAYS THEREOF. VOTE VIA THE INTERNET: www.proxy-direct.com VOTE VIA THE TELEPHONE: 1-800-337-3503 AFC_34495_031225 PLEASE MARK, SIGN, DATE ON THE REVERSE SIDE AND RETURN THE PROXY CARD USING THE ENCLOSED ENVELOPE. xxxxxxxxxxxxxx code
EVERY STOCKHOLDER’S VOTE IS IMPORTANT Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to be held virtually via the internet on June 11, 2025. The Notice of Annual Meeting, Proxy Statement and proxy card for the Company are available on the Company’s website at: ir.arrowmarkfinancialcorp.com. Please detach at perforation before mailing. TO VOTE MARK BLOCKS BELOW IN BLUE OR BLACK INK AS SHOWN IN THIS EXAMPLE: X A Proposal The Board of Directors recommend a vote FOR the nominees listed in Proposal 1. 1. Election of Directors: FOR WITHHOLD 01. Sanjai Bhonsle 02. John Scott Emrich B Authorized Signatures ─ This section must be completed for your vote to be counted. ─ Sign and Date Below Note: Please sign exactly as your name(s) appear(s) on this Proxy Card, and date it. When shares are held jointly, each holder should sign. When signing as attorney, executor, guardian, administrator, trustee, officer of corporation or other entity or in another representative capacity, please give the full title under the signature. Date (mm/dd/yyyy) ─ Please print date below Signature 1 ─ Please keep signature within the box Signature 2 ─ Please keep signature within the box Scanner bar code // xxxxxxxxxxxxxx AFC 34495 xxxxxxxx
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
