Lakeland Bancorp, Inc. Announces Date For 2023 Annual Meeting of Shareholders

OAK RIDGE, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lakeland Bancorp, Inc. (NASDAQ: LBAI) (the “Company”), the parent company of Lakeland Bank, today announced that the Company’s 2023 Annual Meeting of Shareholders (“Annual Meeting”) will be held virtually on Thursday, December 28, 2023, at 8:00 a.m. The agenda of the Annual Meeting includes proposals to: elect four directors, approve, on an advisory basis, the executive compensation of the Company’s Named Executive Officers, and to ratify the Company’s appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023.

Additional information regarding the Company’s Annual Meeting will be disclosed in the Company’s Proxy Statement to be sent to shareholders entitled to notice of and to vote at the Annual Meeting.

The record date for the determination of shareholders of the Company entitled to receive notice of and to vote at the Annual Meeting has been set as the close of business on November 17, 2023. 

Because the date of the Annual Meeting will be held more than 30 days after the anniversary date of the Company’s 2022 annual meeting of shareholders, pursuant to Rule 14a-8 (“Rule 14a-8”) under the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), the Company is setting a deadline for receipt of Rule 14a-8 shareholder proposals that is a reasonable time before the Company expects to begin to print and send its proxy materials. Accordingly, the Company has fixed the new deadline for the submission of proposals to be included in the proxy statement for the Annual Meeting as November 20, 2023. Shareholder proposals must comply with the Company’s Bylaws and the U.S. Securities and Exchange Commission’s (the “SEC”) rules regarding the inclusion of stockholder proposals in proxy materials.

Pursuant to the Company’s Bylaws, any shareholder who wishes to make a nomination or introduce an item of business at the Annual Meeting, other than pursuant to Rule 14a-8 under the Exchange Act, must comply with the procedures set forth in our Bylaws, including delivering proper notice to us in writing to our Corporate Secretary at our principal executive offices not later than the close of business on November 16, 2023, which notice must contain the information specified in our Bylaws.