Avidia Bancorp (AVBC) investor relations material

Executive summary

• The annual meeting is scheduled for September 15, 2026, marking the first since the initial public offering in July 2025.

• Key items include electing four directors, approving a new equity incentive plan, and ratifying the appointment of the independent auditor.

• Shareholders of record as of July 24, 2026, are eligible to vote, with 20,076,250 shares outstanding.

• Voting can be done by mail, Internet, or telephone, and proxies may be revoked before the meeting.

Voting matters and shareholder proposals

• Four directors are nominated for three-year terms; all are recommended by the board.

• Proposal to approve the 2026 Equity Incentive Plan, which introduces new equity-based compensation for employees and directors.

• Proposal to ratify BDMP Assurance, LLP as the independent registered public accounting firm for 2026.

• No other business is expected at the meeting.

Board of directors and corporate governance

• The board consists of 13 members, divided into three classes with staggered three-year terms.

• All directors except the CEO are independent under NYSE standards.

• Board leadership is separated between the Chairman and CEO roles.

• Committees (Audit, Compensation, Nominating/Corporate Governance) are composed solely of independent directors.

• Codes of ethics and anti-hedging/insider trading policies are in place.